Elon Musk’s notoriety dates back to October of 2002,
when eBay purchased PayPal for $1.5 billion in stock,
of which Elon Musk received $165 million.
Before that Musk started Zip2, a software company
with his brother, Zambal, which he later sold
for millions. The company was financed by angle
investors and this was his first large financial
transaction which netted him over $22 million.
Before this Musk was being bullied in South Africa
where he was born and raised. A group of kids attacked him and beat him unconscious. Musk recovered in the hospital. At the age of 10, he was an avid reader and taughtt himself computer programming at the age of 12. He created a video-game which he sold for a whopping $500. To our knowledge, this was his first transaction on his journey to wealth.
It’s safe to say Musk was a child genius and
his later years would prove to support this fact.
Just before his 18th birthday in 1989, Musk moved to
Canada. He later moved to California in 1995 to start
his Ph.D. studies at Stanford University. He stayed at
Stanford for all of two days, before dropping out
of school to pursue his business dreams in the area of the Internet, renewable energy and space exploration.
Now, it’s today, December 23rd, and Musk is at the top of Google Trends. He’s responsible for lighting up the skies of California last night when his SpaceX rocket launched. The mission successfully propelled 10 satellites into orbit.
Musk’s background sounds familiar with other
technology startup billionaires of our day. Dropping out of college, an avid reader at an early age, highly intelligent, a keen interest in the Internet and massive communications. Except Musk has a love that most of the other technology startup guys avoided. He loves Tesla, that romantic electric car.
Learning more about Elon Musk’s journey is inspiring, interesting and definitely educational. If you matched Musk’s journey with that of a real estate tycoon you’d see the similarities.
Buy or build cheap, sell high, rinse and repeat.