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Why is there only one Elon Musk?

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Re: Why is there only one Elon Musk?

#51
post #30

This post reminds me of that old joke: Husband: I am the head of the household! I determine our family's position on all of the major economic, political, and social issues of the day! Wife: I decide the little things, like where we'll live, what we'll eat, and where the kids go to school. As much as I admire the dreams and accomplishments of Elon Musk, I have trouble getting past the idea that he failed to maintain…

> Maybe the answer to OP's question is, "Because many who could dream and do like Elon Musk would rather focus on the "little things" like life, love, and family.

I don't want to generalize but I feel this extremely non-trivial notion is often overlooked in this community. Couldn't upvote you enough here.

Re: Why is there only one Elon Musk?

#52

I'll take your one Elon Musk and raise you one Richard Branson: http://www.virgingalactic.com/ http://www.virginearth.com/ http://www.virgingreenfund.com/ + Massive, continued, success in countless other markets (+ set a few personal world records)

+ Possibly the worst train company in existence

Must say I agree with ErrantX on this one, by far the best trains I have used (in the UK).

Re: Why is there only one Elon Musk?

#54
post #49
post #30

This post reminds me of that old joke: Husband: I am the head of the household! I determine our family's position on all of the major economic, political, and social issues of the day! Wife: I decide the little things, like where we'll live, what we'll eat, and where the kids go to school. As much as I admire the dreams and accomplishments of Elon Musk, I have trouble getting past the idea that he failed to maintain…

Are we really going to start analyzing a man's marriage now? This is not a tabloid. :/

I agree with your sentiment but I'm actually kind of conflicted.

Inspecting into his marriage feels dirty and indeed, tabloid. But if we want to get the full picture of entrepreneurial life, we can't ignore personal life. If you want to be the next Elon Musk it is probably worth noting that his marriage failed- if nothing else, just to remind you that even when you're a billionaire it is very difficult to have it all.

Re: Why is there only one Elon Musk?

#55
post #39

A lot of those billionares were born that way. I suspect that to understand what to do with that kind of money, you've got to have been without it at some point in your life.

The ones who were born with it are often quite interested in wealth-preservation as well, to pass the money on in turn to their own heirs. Rather than spending it on something risky, they're more likely to put it in, say, a generation-skipping trust that makes diversified investments.

Re: Why is there only one Elon Musk?

#56
Lot's of people who made a lot of money are good at exactly that. Making a lot of money. I guess following childlike creativity and aptitude to make a lot of money don't go hand in hand.

Fortunately internet happened and a lot of people who would suck at making money in any other circumstances made a lot of money anyways. So we have Elon Musk, Larry Page and hopefully we'll get more of them in the future.

Re: Why is there only one Elon Musk?

#57
post #9

Earlier quoted context omitted.

This is straight up ageism. When I am 50 I will have 15 more years of knowledge and experience under my belt - and will be just as excited and determined as I am now.

can't say this for most of the +50 I know.

can't say that for most of the -50 I know either.

The undiscussed metastory aside from the opinions about good or bad, is probably that neophilia, or STEM fixation, or citizen science, or whatever you want to call it, apparently does not correlate with wealth. Not an amazing cultural observation, I'm sure any starving PHD student would tend to agree, the world's full of ramen eating phd students and $25K/yr nontenured postdocs. Academia/STEM-ish workers have replaced religious orders as the cultural place for vows of poverty, with a couple rare exceptions such as applied science (especially CS). Also lots of managers, who work at STEM companies, and perhaps may have even started as STEM people long ago, get confused as currently being STEM people.

There is an interesting effect that is also not being discussed which is most of the billionaires are paper net-worth billionaires. Most of them don't have a billion cash equivalent on hand, for example if they sold 50% of their company stock, the stock price would crater enough because of sudden volume to take their net worth down quite a notch. Its quite possible to end up in a situation where you own a billion sized fraction of a multibillion dollar company, but you can only sell a couple million per year without cratering your net worth. Your net worth does not necessarily equal what you can spend today.

Re: Why is there only one Elon Musk?

#58
You really have to have a terrible case of tunnel vision to write this post. One Elon Musk? Sure, I only see one guy named Elon Musk on the list of billionaires.

What is the requirement here?

A space company? There are several of those.. Jeff Bezos (worth 23b) has Blue Orgin.

He says "cool sci-fi shit"...

What about self-driving cars? Those aren't sci-fi enough for you? How is Tesla's battery powered car MORE sci-fi-ish than a self-driving car?!

Look, I wish the best for Musk... but the author needs to take a look around at what other people are doing.

Re: Why is there only one Elon Musk?

#59
post #30

This post reminds me of that old joke: Husband: I am the head of the household! I determine our family's position on all of the major economic, political, and social issues of the day! Wife: I decide the little things, like where we'll live, what we'll eat, and where the kids go to school. As much as I admire the dreams and accomplishments of Elon Musk, I have trouble getting past the idea that he failed to maintain…

I think people who hype on and on about his personal life are just grasping at straws to mask their own insecurities.

As someone who grew up not spending that cliched ooey gooey version of "family time" that we always see on television and someone who has been married once, I'm fairly sure it's a lot more complicated than "oh always working, and doesn't care about his family? --insert underhanded "I'm better than you statement here"--. My parents worked hard to take care of me and my sisters. Did I see them all the time? nope. Was I bothered? nope. At the end of the day whenever I needed them they would drop everything and show up. We never had dinner at the table, as a matter of fact I pretty much up and moved out when i was 17. But we're a very close family. As for my marriage, despite how hard we tried to maintain it, one can't control feelings, and eventually we realized that even though we were comfortable with each other, we couldn't get those feelings back.

Now, I don't know Elon Musk, and quite frankly I think there's a bit too much hero worship surrounding him - don't get me wrong, he does some crazy stuff, but he's not as much a sage entrepreneur as we make him out to be. Having said that, the reality is that life is a lot more complicated than what it looks like on Little House on the Prairie. A "close family" doesn't have to sit around the table and chat, a close family doesn't even have to have members who live in the same country - I'm a case in point. So people talking about how he's some bad father as if they live with him or know him personally should go focus on their own personal lives. And to John Battelle's, quite frankly rude statement at SXSW, well he works at a media company that hosts conferences, not running and re-imagining two pillars of heavy industry.

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