Releasing positive energy and setting priorities
Thinking methodologies in the business are based on methods and structure. It requires strength and corresponding foresight.
There are various strategies for this. To understand complexity, for example, structure is required first. The Feynman learning technique focuses on the fundamental understanding of individual topics. The method developed by physicist Richard Feynman offers clarity from the start. The ability to express knowledge in a way others can understand is essential. It creates a broad understanding of complex topics necessary to penetrate markets.
Elon Musk, for example, runs or is at least involved in several high-calibre companies. He is involved in various sectors, from the automotive industry to space research. Influencing relevant events. Considerable value comes from communicating complex concepts to the public and investors.
Knowledge changes and grows. Elon Musk is always active and committed. He propagates a new dimension of understanding a wide range of topics. Ultimately, this is based on the potential to make their complexity more tangible.
Part of his success story with a view to the empire
- SpaceX (Space Exploration Technologies Corp.)
Space X was founded in 2002 to reduce the cost of space transport and the vision of colonising Mars. The first privately funded spacecraft launched into orbit. Overall, the decisive factor was the total recovery. It was also the first private company to send astronauts to the ISS.
- Tesla, Inc.
It was Co-founded by Elon Musk in 2003 to work on electric vehicles and battery storage. Following the acquisition of SolarCity, the company also focused on generating solar energy. Accelerating the transition to globally sustainable solar energy.
- Neuralink
Neuralink began developing brain-machine interfaces (BMI) or brain-computer interfaces (BCI) in 2016. These systems enable communication between the brain and a connected device or computer. The aim is to bring the human brain together for its further development. Moreover, it supports neurological diseases using artificial intelligence. For example, in the case of paraplegic patients. Brain-machine interfaces have also become a topic outside of university hospitals and research. Founder Elon Musk set up his company Neuralink with a budget of millions. He did this with an international team of neuroscientists. Furthermore, AI experts, electrical engineers and materials researchers were part of this. He wanted to get a little closer to his visions. The aim is to put humans on par with artificial intelligence. In addition, it is about optimising the human brain with software updates. Experts would still need to rate this scientific progress as too high. Mark Zuckerberg also wants to develop an implantable device at Facebook. This should enable people to think their messages directly into their smartphones. A side benefit is that it is five times faster than writing them. Utopias? – Science is called upon. This also applies to where such devices could be used. For instance, BMIs have been used only in isolated cases and for research purposes. It will be some time before they are suitable for everyday use.
- The Boring Company
In 2016, Musk founded infrastructure and tunnelling company The Boring Company. The goal is to reduce traffic congestion with extensive networks of underground tunnels. The proposal was to use the tunnels for a local transport system called “Loop”. Researched internationally as a high-speed transport system called “Hyperloop”.
- OpenAI
This research organisation, OpenAI, was co-led by Elon Musk. It focuses on making artificial general intelligence (AGI) accessible to all humanity. Although Elon Musk has left the board, he continues to make donations.
Elon Musk communicated complex concepts and various strategies understandably. He was effective and close to the audience. Of course, he also digressed. Last but not least, in the case of SpaceX, he spoke about the future of humanity as a multi-planetary species. But sensation also arouses interest.
A broad, often visionary perspective helped to understand beyond their technical complexity.
Use of social media
Elon Musk uses his channel X (Twitter) to communicate with investors. His easy-to-understand tweets often attract much media attention and public interest.
Public demonstration and presentation
The visionary also demonstrates and showcases the progress and potential of his projects. At Tesla, these included public announcements of new vehicles and technologies. For SpaceX, live broadcasts of rocket launches were organised and broadcast.
Interaction with the public and the media
His willingness to engage with the public and the media is well known. Whether through interviews, podcasts, or improvised X-question times. This openness helps to demystify his company's work and objectives.
The complexity of the companies and public interest require capital and diligence. Lastly, his investment confidence drives his vision forward in various ways.
Conclusion
Communicating structure, strength of knowledge and foresight in an understandable way requires flexibility. Knowledge management begins with its acquisition, i.e., learning. It can be for yourself or a company. The art is to apply what you have learnt and retain it to find it again when needed. It's not just about learning facts but more about developing a deep understanding of a topic. It's also about having the courage to think outside the box and connect the dots. This keeps the memory active and promotes its ability. Another point is to apply and integrate learning in its flexibility and depth.
The many negative scenarios in current events cry out for positive visions. Societies need perspectives and the release of positive energy. “Value investing” relates to the learning and marketing approach described here. The sum of all things often pays off sooner or later.
