Elon Musk’s Advice For Bosses Who Want to Be More Productive
Technology entrepreneur Elon Musk has built a successful business doing what he’s passionate about. Proof of this is his reported $23.7 billion fortune and the enduring popularity of Tesla among eco-conscious drivers.
Thus, it seems only smart to look to the 48-year-old businessman for advice in hopes of replicating his success. Luckily, Musk has just released a letter addressed to his employees detailing some of his tricks when it comes to productivity. These are the tips he has to share.
Be Picky With Meetings
According to Musk, it’s having excessive meetings that may be what’s causing problems in big companies. He advises his employees to get out of particularly large meetings when they suspect that the talk isn’t really providing value for the majority of people attending it.
He also warned against scheduling multiple meetings unless there really are urgent matters that a company’s staff needs to address quickly. Solving these issues would then also lead to the need for more meetings dropping further.
Contribute or Leave
And staying true to his direct personality, Musk encouraged people to not be afraid of leaving a meeting or dropping a call when they think that they aren’t really contributing anything of importance to the conversation.
He justified walking out of meetings by saying that the act itself isn’t rude. In fact, it’s actually the conscious wasting of someone else’s time that’s truly rude. Likewise, he suggested that his people refrain from resorting to using too much jargon.
At the end of the day, he believes that explaining things further to those who may not be familiar with the terms will only inhibit communication between associates. Musk doesn’t really want his employees to have to memorize a ‘glossary’ of terms just to be able to function in his company.
Direct Communication
Although he’s already at the top of the work ladder, Musk emphasizes the importance of an open line of communication among people in the workplace regardless of their level in the hierarchy.
He even expressed his disapproval of managers who insist on implementing a chain of command communication at Tesla. Having to go through various levels of communication will only cause ‘super dumb things’ to happen because of this information spread process.
Follow Common Sense
Lastly, the innovator warns against following company rules to a tee. He emphasizes that people should always pick common sense as their guide when making decisions in the workplace. Musk encourages his employees to be more mindful of situations where following a certain company rule would not be the wise choice.
More in Advisor
-
`
Everything You Need to Know About Jeff Bezos Fiance, Lauren Sánchez
In May 2023, the world learned that Jeff Bezos, the founder of Amazon, had taken a significant step in his personal...
May 30, 2024 -
`
What Can I Do With a Business Degree? Here Are Your Options
A business degree is one of the most versatile academic credentials you can achieve, opening doors to various career paths across...
May 25, 2024 -
`
Cardi B Before and After Her Plastic Surgery Procedures
Belcalis Marlenis Cephus, known professionally as Cardi B, is a renowned American rapper. She has captivated audiences not only with her...
May 19, 2024 -
`
What Is a Good Crypto Portfolio? The Ultimate Guide to Creating a Well-Balanced Crypto Portfolio
What is a good crypto portfolio? Investors face a unique set of challenges compared to traditional stock market investments. The volatility...
May 12, 2024 -
`
Benefits of Scaling Up Private Capital
Private capital refers to privately-owned funds that are not subjected to government scrutiny or regulations. Private capital is raised through individual...
May 1, 2024 -
`
What Is Financial Trauma?
Financial trauma refers to the psychological and emotional distress individuals experience due to significant financial difficulties or traumatic financial events. It...
April 26, 2024 -
`
The Transformation of Jeff Bezos’ Eye: Analyzing Changes
Jeff Bezos, the iconic founder of Amazon and a pivotal figure in global commerce, has long been under the scrutinizing lens...
April 14, 2024 -
`
What Every Company Needs to Know Before Investing in AI
The potential of Artificial Intelligence (AI) is beginning to unfold. According to PwC’s Global Artificial Intelligence Study, AI is expected to...
March 16, 2024 -
`
How to Master the Art of Investing in 2024
In the ever-evolving landscape of finance, the realm of investment holds a promising key to securing your financial future. Whether you’re...
March 8, 2024
You must be logged in to post a comment Login