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

--

Dall-E picture

“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…

--

--

Chris Soschner
Entrepreneurship, Investment & Innovation

👉 Want Insights from Top Entrepreneurs and Investors? Tune into my podcast to hear from industry leaders. https://beginnersmind.buzzsprout.com/