Elon Musk shares ‘happiness mantra’ to make money with Indian entrepreneurs on Nikhil Kamath’s podcast

Elon Musk advised Indian entrepreneurs to prioritize creating valuable products and services over directly chasing financial gains. He emphasized that true success stems from being a net contributor to society, where financial rewards naturally fo...

Agencies
While speaking to Zerodha co-founder Nikhil Kamath on the People by WTF podcast, Elon Musk said his key advice for Indian entrepreneurs is to focus on creating useful products and services rather than chasing money, as financial success naturally follows real value creation.

"I'm a big fan of anyone who wants to build. So I think anyone who wants to, you know, make more than they take has my respect. So that's the main thing you should aim for — aim to make more than you take. Be a net contributor to society," said Elon Musk.

"And it's kind of like the pursuit of happiness. You know, if you want to create something valuable financially, you don't pursue that. It's best to actually pursue providing useful products and services. If you do that, then money will come as a natural consequence, as opposed to pursuing money directly. Just like you can't pursue happiness directly — you pursue things that lead to happiness. But there's not, like, direct happiness pursuit. You do things like fulfilling work, or study, or spend time with friends and loved ones that, as a result, make you happy," added Musk.


"So, it sounds very obvious... but generally, if somebody's trying to make a company work, they should expect to grind super hard, accept that there's some meaningful chance of failure, but just be focused on having the output be worth more than the input," said Musk.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Trending › Elon Musk shares ‘happiness mantra’ to make money with Indian entrepreneurs on Nikhil Kamath’s podcast
Text Size:AAA
Success
This article has been saved

*

+