Elon Musk’s Simple Plan to Start a Business
1️⃣ Build a prototype: Create something that shows your idea clearly. It doesn’t have to be perfect.
2️⃣ Form a team: Find people who are passionate and ready to help.
3️⃣ Get funding: In places like the
Good point! Musk’s advice is about starting small and learning as you go.
It’s not about being perfect—it’s about taking calculated risks and improving along the way.
UNDERSTANDING THE CORE PRINCIPLES OF ENTREPRENEURSHIP
Day 9: Taking Risks, Stepping Out of Your Comfort Zone
Starting a business is inherently risky, but great entrepreneurs know that calculated risks are where the magic happens. Take Airbnb, for
Drop your advice about starting a new business.
It will be useful for me and others....
0 replies5 likes
Basavaraj k Chikki
Entrepreneur, roboti... • 5d
Why Taking Calculated Risks is Essential for Startup Success
Risk is the shadow every startup founder faces. It’s daunting, yet it fuels the thrill—and the potential rewards—of entrepreneurship. The trick isn’t avoiding risk; it’s mastering calculat
See More
0 replies14 likes
Vishu Bheda
•
Medial • 1m
Mark Zuckerberg on the best advice Peter Thiel ever gave him
The world is changing fast, and if you don’t adapt, you’ll be left behind.
As Mark Zuckerberg once said, “The biggest risk you can take is not taking any risk.”
Every big decision comes
How to be mentally strong:
. Don't fear alone time.
. Don't dwell on the past.
. Don't feel the world owes you.
. Don't expect immediate results.
. Don't fear taking calculated risks.
. Don't give up after the first failure.
. Don't shy away from re
4. Understand the Risks and Rewards
Another key to being successful is taking calculated risks. Besides contemplating the potential rewards if you succeed, a good question to ask is: "What's the downside if this doesn't work out?" If you can answer
Well currently I am working as a founder office member at sapidblue. Contribing to the organization in find faults and improving them, along side learning about how a business runs, how to pitch, how to manage adnd more.
#Progress often comes in small steps.
While we may not always see
See More
3 replies3 likes
Prakash Pataliya
Content Writer for L... • 2m
Building a personal brand isn’t hard—it’s uncomfortable.
Everyone talks about the benefits:
→More visibility.
→Better opportunities.
→Stronger connections.
But no one talks about the hard parts:
→Sharing your thoughts feels scary.
→Staying co
See More
0 replies1 like
Abhishek Mahto
Software Developer |... • 9m
Hey, What do you think about failures in life?
Yeah! They teach us priceless learnings but I think if you're ready to Try, Fail and Learn it's also very important to be ready to handle it because we don't know what all effects that failure will brin