Stats Update May and Back to the Old Habit of Welcoming the New Month With a Short Thought
How Elon Musk Mastered Fear and Found Success (Even When Bankruptcy Loomed)
Timeless wisdom for navigating entrepreneurial turbulence, inspired by Star Wars and Elon Musk’s journey
“Entrepreneurship is so hard,” he confided, shoulders slumped, eyes downcast. Just a month ago, he’d been full of cheer.
“What happened?” I asked, curious about his sudden shift in mood.
“The deal didn’t close, and I’ve only got three weeks of cash runway left.”
This is familiar territory for entrepreneurs.
In April, I delved into Elon Musk’s biography. The larger-than-life figure, loved and loathed in equal measure, faced bankruptcy multiple times.
Recently, I revisited the Tesla and SpaceX years from 2002 to 2008.
Elon Musk Faces Bankruptcy
2008 was a brutal year for Elon Musk, with both of his companies teetering on the brink.
One might think running two companies would diversify risk, but with a singular leader at the helm, narratives often echo each…