For tech founders like Elon Musk and Jack Dorsey, it took a couple attempts to start the … Musk and his brother, Kimbal, founded Zip2 (originally Global Link … where he now serves as CEO: Tesla, SpaceX, and The Boring Company.
For tech founders like Elon Musk and Jack Dorsey, it took a couple attempts to start the company that would turn them into industry visionaries and make them worth billions of dollars.
The founders of Tesla and Twitter, respectively, experienced only minor successes with their first tech ventures at a young age. It took them, and others, a couple of tries before landing on ideas that caught fire and became big names in the tech industry.
Although it’s often the stories of young college dropouts like Facebook founder Mark Zuckerberg that get the most attention, not all heads of tech companies found success at such a young age. While many big names in tech have already gained their first million in their 20s, others like Oracle founder Larry Ellison didn’t come into their wealth until their 30s or later.
These are the ages that 23 of the most successful tech founders launched their first companies at:
Tesla founder Elon Musk — Age 24
Every Elon Musk Video/YouTube
Musk and his brother, Kimbal, founded Zip2 (originally Global Link Information Network), a company that provided online city guides to newspapers like the New York Times and Chicago Tribune. The company was bought four years later by the computer company Compaq.
Musk later went on to help found a number of companies, including X.com (that merged with PayPal), and the companies where he now serves as CEO: Tesla, SpaceX, and The Boring Company.
Michael Dell started Dell Technologies from his dorm room as a freshman at the University of Texas in Austin. What started as a side hustle of re-vamping computers for a profit turned into a full-time gig that allowed him to convince his parents he could drop out of college.
Danielle Weisberg and Carly Zakin first met while studying abroad in Rome — Weisberg was a Tufts student, and Zakin attended UPenn. After graduating, they both found themselves working at NBC News in New York, and became roommates.
In July 2006, Elon Musk`s cousins (with his participation) founded the company Solar City, which specializes in installing solar panels on the roofs of …
Genius, billionaire, philanthropist, engineer, inventor and investor, a man whose name has been very popular in recent years. The man drove by a dream, a dreamer who wants to conquer the space and bring technology to an absolutely new unprecedented level. As you may have guessed, this is Elon Reeve Musk.In this article, we will talk about how the man who was born in the poor city of Pretoria which is in the Republic of South Africa, has risen on the top of technological progress.
1. Early years
As we said above, everything began in South Africa, in the city of Pretoria. The father of the future genius was a successful businessman and was able to give his 10-year-old son a computer Commodore VIC-20, on which little Elon learned to program. The first deal in Musk`s life happened when he was 12 years old: he sold his first video game “Blast star” for 500 dollars. This game was a rethinking of the well-known game “Space in Waders”. The teenager invested the raised money in shares of a pharmaceutical company, the development of which was closely followed by his father. When he was 17 years old, Musk sold these shares to leave his hometown for studying in Canada. It should be noted that Elon’s parents were against such a decision, but the young Musk insisted on his own and left his homeland and flew to North America.
2. The first companies and PayPal
In Canada, Musk settled at relatives, soon he applied to Stanford, but never finished it. In 1996, Elon together with his brother created his own company Zip2, which developed software for news companies. After just three years, in 1999, Compaq bought Zip2 for $308 million. Musk’s share of this deal was $22 million. A few months later, Elon became one of the founders of the company X.com, which after the merger with the company Confinity became the world-famous payment system PayPal. It should be noted that Elon himself was against the name of PayPal. This service began to actively develop, mainly it was used to buy various goods at auctions, including the most famous Ebay.com. In October 2002, the company PayPal was bought by eBay, the amount of the deal amounted to $1.5 billion, a record for those times. At the time of the sale, Elon Musk owned 11.7% of the company’s shares, which allowed him to receive $165 million.
3. Road to the stars “SpaceX”
In 2002, Musk founded the company SpaceX, which is a private developer of a series of launch vehicles and a commercial operator of space systems. It should be noted that Musk personally invested in SpaceX $100 million, which he had earned from the sale of his previous companies. Elon Musk set the goal: “to reduce the cost of space flight by 10 times.” It seemed unreal, but it took 6 years for Musk and his engineering team to realize it. In 2008, Nasa signed a contract with SpaceX for $1.6 billion. It is very important to note that Elon Musk not only managed this company, he also dealt with engineering and visual activities. As his partners say, Musk independently studied rocket science and continues his own self-study to this day. Almost all the brilliant ideas implemented in SpaceX came to Elona Musk’s mind.
SpaceX is the only company in the world that uses the first stages of launch vehicles on a reusable basis. The ultimate Musk`s goal is the conquest of the space: a colony on Mars and other space bodies of the Solar System. The first flight to the Red Planet is scheduled for 2024. A huge BFR (big falcon rocket) spacecraft is currently in a process of development.
4. Electrification of the automotive industry “Tesla”
At the same time that SpaceX was developing, Musk started the not less ambitious project – in 2003 Musk founded Tesla Motors, the company that specializes in the production of electric cars. This was a very difficult project since Musk and his team were pioneers in this market. In 2006, the brainchild of Elon launched his first car Tesla Roadster, which is a two-seater supercar. The production of this model was very limited since all the cars were assembled by hand.
Now Tesla company is one of the largest car manufacturers in the United States. The company’s lineup now includes Model S (business class sedan), Model X (roomy crossover), Model 3 (budget sedan), Tesla Semi (truck, mass production will begin at the end of 2019), Tesla Roadster 2 (supercar, mass production will begin in 2020). Also in the project are the Model Y (budget crossover) and Tesla pickup.
In 2018, the company had problems that were related to the scaling of production capacity of Model 3, but 3 and 4 quarters of 2018 were profitable for the company and Musk promised investors that the worst was over and that in the future the company would only expect growth and prosperity.
5. Transition to the energy of the sun “Solar City”
In July 2006, Elon Musk`s cousins (with his participation) founded the company Solar City, which specializes in installing solar panels on the roofs of both private houses and public premises. Just a year after the founding of this company, it became the leader in its field of activity in California. Subsequently, Solar City was acquired by Tesla.
6. Underground tunnels “Boring company”
Another problem that Elon Musk decided to fight with was traffic jams. To solve this problem, Elon proposed to build a network of underground tunnels in which cars would move on special platforms, at a speed of 200 km/h. Musk with the company’s engineers are working to improve the drilling rigs in order to cut down the cost of building tunnels by ten times. The most advanced modern boring machines move with a speed that is 7 times less than the speed of movement of an ordinary snail. As Musk joked, the main goal of the company is to outrun the snail. In December 2018, the Boring Company held a presentation of its first test tunnel, which cost the company $10 million, which is several times less than the average market price for a contractor.
Elon Musk is very versatile, he has a number of innovative, but less well-known projects:
StarLink is a satellite Internet project with coverage of 100% of the globe. The idea is to launch about 12,000 satellites into low-Earth orbit, which will have to give the Internet anywhere in the world. This is a project of SpaceX, which is now actively preparing for its implementation.
Hyperloop – a project of a supersonic train. For the first time, this idea was voiced by Elon Musk in 2012, but he said that he would not personally deal with its implementation. Already after a short period of time, there were created two companies which actively began to implement the project.
Neuralink is a neurocomputer interface project. To fully describe this idea of Elon Musk, it is needed to write a separate rather long article. But in short words, Neuralink will help connect the human brain directly to the Internet and to the gadgets that surround us. Today it sounds like a fantastic movie script, but some 10 years ago, self-driving electric cars or manned first stages of launch vehicles that land and can fly again, were also unreal. But as we see, all the goals that Elon Musk sets for himself, sooner or later become a reality.
So we can only wish him good luck and watch him changing our world beyond recognition.
Here’s what Elon Musk’s extraordinary resume looks like … Elon Musk is associated with names such as SpaceX, Tesla, PayPal, eBay, Boring … Tesla, PayPal, eBay, Boring Company, and many other brands that have previously …
Elon Musk is arguably one of the few people on earth that have made a colossal impact on almost every aspect of our lives. Be it space technology or transportation, or even online payments, Musk had envisioned and later implemented them all. Today, he is associated with names such as SpaceX, Tesla, PayPal, eBay, Boring Company, and many other brands that have previously piqued Musk’s interest. All these ‘accolades’ cannot simply be put into a single sheet of paper aka resume, but what if they could?
Novoresume, a resume builder portal, took up the challenge of incorporating all the Elon Musk possesses in his achievement kitty into a written format. The resume that highlights Elon Musk as a candidate for some futuristic company that probably he himself will build, is now doubling as an inspiration to job seekers around the world.
The synopsis of the work experience on the resume is not something we do not know already, but what grabs the eyeballs is the ‘Achievements & Certificates’ section that describes Elon Musk as the “53rd richest person in the world”. He is also conferred with the IEEE Honorary Membership that is exclusively given to people who contributed to the IEEE’s designated field of interests. He was also awarded the ‘Businessperson of the Year’ by Fortune magazine in 2013.
To those who wish to talk to him personally, could even dial the number mentioned in the top-right corner. Well, we have not verified that number independently and could just be a placeholder.
While the work, academic, and even non-academic achievements matter on a resume, the personal interests of a candidate tell about the various segments he/she may as well have a command in. Musk’s interests include physics, alternative energy, sustainability, space engineering, philanthropy, reading, video games, AI, extraterrestrial life (since he hopes to migrate humans to Mars one day), and finally, Twitter, which could never have been quirkier than it is now, thanks to his unabashed, random, and witty tweets.
This resume, however, does not entail his early life, which had been tumultuous as it was. This is because Novoresume updated Musk’s resume to filter the details that stop being as much relevant as the ones currently mentioned. The previous resume mentions Elon Musk’s stint at Zip2, X.com, and PayPal as well. Here’s a look at the old resume:
Before Elon Musk earned celebrity status as the beloved/reviled mastermind behind Tesla TSLA, -0.22% and SpaceX, he was just another nerdy, …
Before Elon Musk earned celebrity status as the beloved/reviled mastermind behind Tesla TSLA, -0.22% and SpaceX, he was just another nerdy, new-money, Silicon Valley multimillionaire talking about his rather grand ambitions.
Like this one:
‘I’d like to be on the cover of Rolling Stone… that’d be cool.’
Almost two decades later, and voila:
Musk’s original comment came from a 1999 CNN piece that was given fresh internet life on Monday thanks to the Big Think blog.
Filmmaker Paul Ratner describes it in the post as a “telling” interview, which “provides a fascinating insight into his thinking and motivation.”
Other highlights from the segment include Musk taking delivery of his new McLaren F1 sports car, explaining how he was sleeping on the YMCA floor just a few years prior and talking confidently about the future of X.com, the company that would ultimately become PayPal.
Musk was coming off the sale of Zip2 for $400 million a year before the interview, which earned him “a large number of Ben Franklins,” as he put it.
Watch the full interview:
Shawn Langlois is an editor and writer for MarketWatch in Los Angeles. Follow him on Twitter @slangwise.
Elon Musk’s public persona is somewhere between a technocrat Willy Wonka and Doc Brown at 5am in the smoking area at Fabric – and he’s just …
Elon Musk’s public persona is somewhere between a technocrat Willy Wonka and Doc Brown at 5am in the smoking area at Fabric – and he’s just slipped closer to the latter than ever before.
One Twitter user suggested that by 2022 Tesla would be making something like the flying Delorean from Back To The Future 2, and Musk strolled into the thread to casually mention that that’s exactly what he wants Tesla to do.
Then again, this isn’t the first time that Musk’s restless brain has parped out an idea for a product that has then ended up either on the scrapheap or dissipated into the air before it got to the drawing board. Here are five of the best.
That mini-submarine, obviously
Just returned from Cave 3. Mini-sub is ready if needed. It is made of rocket parts & named Wild Boar after kids’ soccer team. Leaving here in case it may be useful in the future. Thailand is so beautiful. pic.twitter.com/EHNh8ydaTT
The Thai football team trapped in a cave last year needed a hero, and they got several in the team of divers who risked their lives swimming to rescue them. They also got Musk running along behind them with what looked like a remote-controlled submersible coffin. It did at least exist, even if it was dismissed as “not practical for this mission” by Narongsak Osatanakorn, the head of the rescue mission’s joint command centre, and told it “had absolutely no chance of working” by diver Vernon Unsworth. Then came all the “pedo guy” unpleasantness, the goading about how diver Unsworth should sue him if he really wasn’t a “pedo guy”, and the ensuing defamation lawsuit filed by Unsworth.
A website rating journalists’ integrity
After becoming irritated by reports questioning the safety record of his Tesla factories, Musk suggested it might be a good idea to get the notably trustworthy and sincere people of the internet to rate and slate the trustworthiness of journalists and their outlets. A Ukraine-based news organisation had already taken pravda.com, but that didn’t stop Musk.
This is still at the prototype stage, but whether it’ll ever see the light of day/the showroom is up in the air. Musk has said on Twitter that the pick-up truck was due for a big push on 2018, but it’s still yet to surface.
One of the world’s first online banks
Musk founded X.com in November 1999, intending for it to be at the vanguard of a wave of internet-based banks. He left in 2000, though, after which X.com ended up merging with another bank and being renamed PayPal. In a later plot twist, Musk then bought back the rights to the X.com domain in 2017. It was used to advertise a hat sale on The Boring Company website, which as a pay-off for nearly 20 years of mythos isn’t particularly satisfying.
To be fair, he might have meant the SpaceX Dragon cargo spacecraft designed to drop off supplies at the International Space Station, and which has just completed its first successful mission, but it’s not a proper dragon.