Who will be the Next Elon Musk?

WHO WILL BE THE NEXT ELON MUSK?

Who will be the Next Elon Musk?

Everyone has heroes, for some, it’s Elon Musk. Truth is, we’ve all dreamed of becoming the next “great…” at some point in our lives. If you love basketball, then you’ve undoubtedly dreamed of becoming the next Michael Jordan at least once in your lifetime. If you live in the San Francisco Bay Area, then perhaps you want to be the next Steph Curry. In any case, we all have someone we admire and aspire to be like. There are plenty of all-stars in the business world, just like the NBA, who people look up to and want to emulate. One such business mogul is Elon Musk, the founder and CEO of Tesla Motors, as well as the founder of several other companies. Elon has had a hand in some of the most far-reaching technology advancements in recent history and he has even bigger dreams for the future.  So, who will be the next Elon Musk, and more importantly, how will they likely go about it?

Dream Big

To that end, while some people might dream of being the next great sports star, or politician, or famous actor, there are many business executives and entrepreneurs who want to how to become the next Elon Musk. Elon was asked about this as well as what experiences in his youth that helped set him up for the things he is working on now.

Elon said he really didn’t expect to be involved in all the things that he is working on right now. However, he has always been ambitious and he’s always had dreams about the possibilities that are out there. In fact, during his college days he said there were five main things he thought about: “Making life multi-planetary, accelerating the transmission to sustainable energy, the Internet broadly speaking, and then genetics and artificial intelligence.”

Do Something Useful

Elon reiterated that even though he thought about all of these things, he honestly did not expect to be involved in all of them. He said he started out focusing on the electrification of cars and then it grew from there. “That’s actually what I worked on as an intern was advanced ultra-capacitors, to see if there would be a breakthrough relative to batteries for energy storage in cars.

And then, when I came out to go to Stanford, that’s what I was going to be doing my grad studies on was working on advanced energy storage technologies for electric cars.” So how confident was he in this endeavor? Elon said he wasn’t totally certain that the technology he would be working on would succeed. “You can get a doctorate on many things that ultimately do not have a practical bearing on the world. And I really was just trying to be useful. That’s the optimization. It’s like, ‘what can I do that would actually be useful?’”

Focus on Helping Society

So, if you want to become the next Elon Musk that’s really what it comes to down to: doing something that is useful to the rest of society; it’s a good thing. “It doesn’t have to change the world. If you make something that has high value to people…even if it has a small amount of good for a large number of people, I think that’s fine. Stuff doesn’t need to change the world just to be good.”

We hope you found this article about “Who will be the Next Elon Musk?” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Need Help With Your Bookkeeping?

An important part of any business is the company’s bookkeeping efforts. The type of bookkeeping system you use is really up to you as long as you keeps a detailed record of all your expenses and income. In almost all cases, there are no special requirements for keeping your records. On the other hand, every…

IRS Finally Says Sorry for Seizing Small Businesses Bank Accounts

Small businesses face a tough battle in general, but when they have the IRS breathing down their necks it makes it that much more difficult to find success. Things are even more difficult when the IRS decides seize some of these business’s bank accounts. At least now the tax agency is apologizing for its actions.…

Lawmakers Vote To Make Three Tax Provisions for Businesses Permanent

Late last year lawmakers in Washington extended a bill that made three important tax provisions for businesses valid through December 31, 2014. That means those provisions were good for last year’s taxes, but expired when the clock struck midnight on January 1, 2015. The extension was welcome news last year for many businesses. Now there…

It’s Time for a Tax Scam Refresher Course

Despite repeated warnings from the media and the IRS alike, thousands of people are conned out of money every tax season by scammers. Make sure you’re not one of them. Here is a list of some of the most common scams the IRS sees this time of year. The list is not all-inclusive, as scammers…