Using Elon Musk to Start Your First Business (His Principles = Your Success)

So you want to start your first business? Great! Maybe you're an Elon Musk fan (or maybe you aren't), but you can't deny how the man has been able to start big, disruptive businesses that inspire and change the world.

Whether you're thinking of disrupting an industry, or just simply wanting to start something small on the side to make more money, this video will take you into Elon Musk's brain, show you his process, and help you figure out how to start a new business of your own with Elon's principles to back it up.

I've personally used the principles mentioned in this video to start my own businesses, too. I even show you a specific example and how my partner and I used an Elon-like approach to build a successful (and as some people may classify, "disruptive") business of our own.

Let's break it down with Elon Musk here to lay the foundation.

And the end, after we break down Elon's 3 main principles, I'll show you a quick 3-step process for getting started with your business.

Video at 3:45 credit to @innomind:

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    23 Responses to Using Elon Musk to Start Your First Business (His Principles = Your Success)

    1. Amit Kokad March 25, 2020 at 6:35 pm #

      Thank u so much for the vid… U r really changing lives Pat

    2. Because The Internet March 25, 2020 at 6:36 pm #

      Great content!

    3. Cullin McGrath March 25, 2020 at 6:41 pm #

      Could some of these ideas translate well to a digital business? I feel as if I don’t ‘test’ my products (videos, newsletter, etc) before sending them out. Wondering if it would be good to “test my solution” so to speak.

      • Pat Flynn March 25, 2020 at 6:45 pm #

        Your newsletter, your videos are your test for a product or business where you ask for a transaction.

      • Pat Flynn March 25, 2020 at 6:46 pm #

        Your Blog posts are tests for what lead magnets you could create based on what people resonate with!

      • Cullin McGrath March 25, 2020 at 6:55 pm #

        ​@Pat Flynn Nice. That makes a lot of sense. How often do you run your work by others before launching? (always?) Thank you!

      • Pat Flynn March 25, 2020 at 6:56 pm #

        Always. 100%, always.

      • Cullin McGrath March 25, 2020 at 6:57 pm #

        Pat Flynn Thanks Pat. Definitely have a super fan here. Take care

    4. Fred F March 25, 2020 at 6:55 pm #

      Focusing on that first customer was thre most important one for me because it’s less on my mind and starting the business doesn’t seem so overwhelming.

      • Pat Flynn March 25, 2020 at 6:56 pm #

        So key! Thanks for agreeing!

    5. Heart Behind Hustle TV with Kamila Gornia March 25, 2020 at 6:55 pm #

      Digging the beard! You look super different with it. And also – great vid as per usual. Elon is a genius

    6. Margie Binder March 25, 2020 at 7:03 pm #

      Terrific foundational video on starting a business, or any endeavor. Also, my college sophomore son is getting great use out of his Switchpod! Thanks Pat!

    7. Mihai Sabadac March 25, 2020 at 7:16 pm #

      Great lessons from Elon and from you. About him, what can I say more, at this points he creates the future in so many ways. And the advice we learn on how to start a business, great stuff Pat. Thank you

    8. Ellen M. Gregg March 25, 2020 at 7:17 pm #

      Definitely agreeing they’re all important, although for me it’s the first principle and then testing that are primary. I’m in testing mode now with a few things, and feel as though I’m learning something valuable every day toward developing what will become a core aspect of my business. Love the whole Elon Musk example, by the way. Instead of being intimidated, I felt inspired. Thanks, Pat! #teamflynnforthewin

    9. Target IIT Bombay March 25, 2020 at 7:19 pm #

      great content!!!!!! keep it up…. i just came here to understand this genius mind so that I can implement this in my study……

    10. Zhenya & Vlada March 25, 2020 at 7:24 pm #

      Elon is a great example apart from working 160 hour days

    11. Martin Hewlett March 25, 2020 at 7:39 pm #

      Did I do good? Came , thumbed up and leant 😀

      • Pat Flynn March 25, 2020 at 8:00 pm #

        You did great 🙂

    12. Wilhelm Cazimirovici March 25, 2020 at 8:23 pm #

      Great video! I love Enon’s principles!

    13. Maggie Bergman March 25, 2020 at 8:35 pm #

      O.M.G. This is exactly what I needed to hear waking up this morning Pat. I’m using this time to making a significant change in my business and working with those principles even though I didn’t know it. My overriding principle is: One result for one customer.
      But I now use one of the things YOU always say as a starting point, probably even more important than what you mentioned before:
      “What would this look like if it was easy”
      you say this often during your office hours in the courses and it is THE THING that unravels the over-complicated way I seem to end up (usually spun out from a simple starting principle) So thank you for this video, but thank you even more for the constant inspiration you provide! You are a legend!

    14. Andrew Murdoch March 25, 2020 at 8:39 pm #

      Such a great video… thanks for posting. I like how you break it down into simple action steps and use real-world examples.

    15. Josua Nel March 25, 2020 at 8:39 pm #

      I love all these principles! but i think the first is key to get into the right mindset of things and to believe in yourself and your ideas.

    16. Fabiano Pina March 25, 2020 at 8:46 pm #

      This was better than a book summary
      Thanks Pat

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