How To Create A Company By Elon Musk
By Mbonu Watson
Here are the 5 Rules To Creating Company for those who want to create or are already Running A Company, Startup’s or Business, and more
Believe me, you too find the information here very useful, more vital when it coming from the world richest man himself, The African America Elon Must. How to create a company by Elon Musk: Publish by AfriNOTES
Starting with Rule Number one on how to create a company, you must be ready to work super hard
#1: How To Create A Company: Work Super Hard
The first is you need to work super hard, whether you are already running a company or you want to start up a new company, this basic rule of work and shop still plays a vital role and is best you accept the fact that you need to work super hard
So the question is? What is super hard mean
Is simple dedicating your time to your works, knowing what is important, and focusing on them, you must be ready to work both morning and night
This is very important if you are in a tech niche, startup’s technology, Innovative Tech, including real estate investment, and many others
The days where tech business is done in two or fewer hours is fast fading off, now you need to work more than 55 hours per week and dam any WHO reports on long working hours not good to human healths
Work hard like, every waking hour, as your life depends on it, that is the few things I will say if you think of starting a company or already had a startup but still on your humble beginner’s stage. you must work super hard
Yes, you can employ others to be helping you out, but because this company is new if the people are working 50 hours per week, and you’re working 100 hours
Then you too get twice as much done, yes twice as result achieved than when you are working lesser for your company.
2: How To Create A Company ( Have The Right Product)
There are no two ways to it, you just have to make sure that everything you are doing, your product is great, good products with great qualities sells a new company faster
That you just have to make sure that whatever you are doing in line with your company’s product or service is a great product or service, It has to be this great!
I repeat it has to be great, be it a NEW market, an untapped market, you have to make sure that the standard is really good, it becomes harder if you are entering into an existing market with many products and competitors, your product or service here have to be much better when compared to the existing marketer and you’re supposed, competitors
So when starting up a company in existing marketing try to come up with something better than the consumer will love, is not just have to be slightly better, but a lot better than what is already in the market
3: How To Create A Company (Hire Great People).
If you are creating a company or you are joining a company, the most important thing is to be able to attract great people, some of which you will need to hire
Some may come as a volunteer, because you may not have all the budget to hire paid great people, It’s also important that you join an amazing group, attract great people and join networks of great people also
A successful company is a group of people, gathered together to create good products or services, so depending on how talented and hard-working such group of people is, and the directions of their focus, are what will turn the company into a success or failure.
Great people are very important when you are creating a successful company, so do everything within your power, everything you can to gather great people
4: How To Create A Company ( Signal Over Noise)
Is good to pay attention and focus on Signal Over Noise: Don’t get your self confused, a lot of company are confused, they spend money on things that make the company product and service better,
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For Example At Tesla, we have never spend money on Advertiser, we put all our money into making our product better and better, this applies to all businesses, yes advertiser is great but work first in butting out a great product and service, great content if you are a content creator when you have done this, then you can add great advertiser but don’t put all your focus on ads returns, don’t be confused, be more focus on butting in great product and services first
Also pay attention to the effort the people working with you are putting, all these efforts that people are expending, are they resulting in a better product or service? if they do not stop those efforts, which you may fire and rehire another great people that will produce an effect with good results
5: How To Create A Company ( Take Risk Now)
The final thing I will encourage you to do when you are starting a company is to take the risk, there is no better time to take risk than now ‘Now is the time to take the risk’
Now is the time to take a risk and even do things you think may not work out, now, yes no better time to do that but NOW! I will encourage you to do something now, take a risk now and do something bold! There are possibilities that you will never regret it
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You have read ‘How to create a company by Elon Musk’ kindly comment on the comment box by letting us know which of the 5 rules applies to you most. we will be more than glad to hear your opinion on this
