Published on October 7th, 2017 | by Guest Contributor0
Elon Musk: It Takes More Than Intelligence To Succeed (Infographic)
October 7th, 2017 by Guest Contributor
Originally published on EV Annex.
By Charles Morris
Jim Cantrell is an old space hand. A veteran of NASA and a member of the SpaceX founding team, he was with Elon Musk on his famous trip to Russia, where they tried to buy a couple of used ICBMs, before deciding it would be simpler to build their own rockets. Today, Cantrell is the CEO of Vector Space Systems, which builds micro launch vehicles and space platforms.
|Above: SpaceX and Tesla CEO Elon Musk (Instagram: thaddeus_ces)|
Having spent many years as an advisor to venture capital funds and numerous billionaires (to say nothing of raising six children), Cantrell has been involved in many stories of success and failure. He’s a likely candidate to answer that often-asked question, “What’s the secret of Elon Musk’s success?”
In a recent article on Quora, Mr. Cantrell points out that intelligence is only one of the ingredients needed to be successful, and not even the most important one. “In fact, I would say that intelligence is more of a tool that enables you to be successful rather than an ingredient itself.”
The essential elements of success, according to Cantrell:
- “Do what you are passionate about. Without passion, your work is not your love and you can never be your best or be better than others who are running with their passion.
- “Do something that you are inherently good or talented at. We all have our relative talents but spending your life doing something that is inherently more difficult puts you at a disadvantage to other more talented people.
- “Do something that creates value and can be sold into a market present or future. Creating a widget that nobody wants but you may be self-satisfying, but it certainly is not going to make you your fortune nor lead you to personal or professional success.”
|Above: Focus on what you want to achieve and the money will follow (Instagram: carolinebpark)|
Missing in this formula are two factors that many people assume are all-important: intelligence and money. “Higher intelligence makes some fields (maybe rockets for example) easier to learn, but by and large these ingredients are never a major factor in success,” Cantrell writes. As Musk himself and many others have noted, to focus on money is to look at things the wrong way round. Focus on what you want to achieve, and the money will come.
Cantrell’s adventures with Elon Musk perfectly illustrate the importance of passion. “When he came to me in 2001, [Musk] knew nothing of rockets or space exploration, but he was deeply passionate about it. In fact, he was so passionate about the need to ‘make humanity a multi-planetary species’ that he was willing to spend a very large portion of his fortune on it. But because he was intelligent, he knew that he needed rockets to launch probes into space. To prolong his money supply, he needed to buy the cheapest rockets available. Hence his interest in Russian launch vehicles. Once he understood the space market a bit better, he saw that there was also an enormous opportunity to disrupt the launch vehicle market. He was thus led to the conclusion that his time and money might be better spent ‘solving the launch problem,’ as he put it back then, than ‘throwing away my fortune in some Russian warehouse.’”
Cantrell tells the story of a little-known early influence on Musk: “SpaceX was born after Elon spent some time with John Garvey [a co-founder of Cantrell’s new company, Vector], who was building amateur liquid launch vehicles in his garage. While this seemed like an insane endeavor, Elon saw the brilliance in it and decided that… if a small band of Space Cowboys like John could build a 30-foot-tall liquid rocket with leftover beer money and regular machine tools, great things were possible with big money, a great team and lots of hard work.”
Above: Elon Musk relays how SpaceX started (YouTube: Elon Musk Sound Bites)
Cantrell concedes that he didn’t share Musk’s vision, and he left SpaceX after about a year. “I too doubted SpaceX’s ability to succeed with the amount of money they had raised (and I could not conceive of raising more). I also did not share Elon’s passion for colonizing Mars as I regarded it to be a fool’s errand as it would never happen in my lifetime. I was wrong on both counts. Elon did succeed in the end and it was because he never counted himself out. He never gave up. He kept going.”
And there you have what Cantrell regards as the most important personal attribute for success, even more critical than the big three listed above. “It’s simply a determination to never ever give up. That is the most important element of success: dogged determination.”
Cantrell concludes his essay with a quote from Garth Stein, author of the novel The Art of Racing in the Rain: “A winner, a champion, will accept his fate. He will continue with his wheels in the dirt. He will do his best to maintain his line and gradually get himself back on the track when it is safe to do so. Yes, he loses a few places in the race. Yes, he is at a disadvantage. But he is still racing. He is still alive.”
Reprinted with permission.