Musk’s Six Entrepreneurial Skills

Image: Musk, CEO of Tesla Motors and SpaceX, attends the Reuters Global Technology Summit in San Francisco

Via Tech Cocktail, via a new book by Amy Wilkinson (The Creator’s Code: The Six Essential Skills of Extraordinary Entrepreneurs), you get your six essential skills that presumably Musk shares with others of his ilk:

  • Find the gap: In essence, you can see opportunities that are invisible to others. That may involve creating your own path or remixing ideas from different domains.
  • Drive for daylight: You focus on your goal and vision, not your competition.
  • Fly the OODA loop: OODA stands for “observe, orient, decide, and act.” This means that you iterate quickly, testing assumptions and course-correcting.
  • Fail wisely: You are willing to fail today to avoid total failure tomorrow. You take calculated risks and deliberately test ideas that might or might not work.
  • Network minds: Your success comes from bringing together a diverse collection of people who complement your skills and question your ideas.
  • Gift small goods: Being generous and helping others strengthens your relationships and benefits you in the long run.

 

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