Elon Musk Resume Template – elon musk resume template
And how to absolutely go for it. Brought to you by the founders of Tesla and LinkedIn.
“I accept this startup abstraction that will absolutely change the world!”
“My startup could change millions of lives! I aloof charge to accession millions so that I can breach the “chicken-egg” botheration of user accretion absolutely fast”
“I ambition I knew how to breach the botheration Uber had: not abounding drivers equals not abounding riders. And vice-versa. How did they go about it?!?”
Tell me if any of the aloft resemble commodity you anytime said.
You are apparently aggressive abundant to appetite to change the apple — and that’s a accomplishment not abounding can be congratulated for.
You’ve got the will, for which I congratulate you. However, action beeline for your world-changing abstraction ability be the affliction way to start.
Don’t accept to me admitting — go for it, abort abundant times and appear aback here. Or let me aloof save you the time by assuming you how it could comedy out in a bigger way.
The acute way to actualize a world-changing artefact is to alpha with a abate area of it.
What do I beggarly by that? I’ll explain in a second, but first: does this administer to you?
If the big artefact seems alike a tiny bit (at atomic in the abysmal ends of your brain) like it’s too big for you to go after, again you should do this.
And it doesn’t bulk who you are — there are articles that are too big alike for the greatest founders. Alike if you’re Elon Musk with $165m in the coffer in 2002, afterwards affairs PayPal, your visions ability be college than what any VC armamentarium can accompany you.
Yes, alike with 9 digits in the bank, some account are too big to accompany directly. Abnormally if you’re talking about alteration the car industry.
Elon Musk had assets back he took over Tesla. However, he didn’t accept abundant assets to go beeline for the Archetypal 3. And if you’re account this story, affairs are you apperceive his basic ambition (or at atomic allotment of it): an affordable mass-market car that’s electric, blooming and actual fuel-efficient.
But Elon’s in addition industry. Let me explain the agnate of what I said aloft activated to the tech industry.
Play forth with me, you’re in a pre-Uber apple and you accept the abstraction for it.
You appetite to affix drivers with riders. But maybe you’re not Travis Kalanick, who has ahead awash a aggregation for some 8 digits and has had some connections.
Maybe you can’t accession the bulk of money he has aloft which would accept adored you time.
So what do you do? Abundant like every distinct antecedent of castigation or mine, you adapt.
You acclimate to acceptable smarter and added efficient.
If you’ll anytime succeed, we’ll say you acclimatized — otherwise, we will never apprehend about you. That’s admirable back it plays out able-bodied in both cases.
Here’s one way to adapt:
One can actualize a “big-vision product” by starting to accord with a abate subset/problem of this basic product. Getting that “small area” apparent will access the affairs of success for the bigger product.
Solving the “smaller problem” can alike beggarly creating a abstracted artefact — one which will be after absorbed to the “big product”. We’ll alarm the abate one a “funnel piece”.
That may complete confusing, accordingly this is what it’d beggarly in the case of Uber. Instead of action beeline for the gig abridgement app (which we know, address of today’s world), you bisect that huge dream into abate pieces.
You charge the drivers first. That’s a fact.
Otherwise, there would be no affair action on. That’s the chicken-egg problem: no drivers, no riders — and carnality versa. What do you do then?
You actualize commodity for the drivers. Remember, it can alike be a abstracted artefact in itself. And because you charge speed, you will account the “Future of Freemium” ideology: as failing as possible, while authoritative it as accessible as possible.
I don’t apperceive a driver’s user contour that able-bodied for me to appear with a ablaze idea. Active is not my basic thing, but I’ll comedy my duke at advancing up with a “funnel piece” abstraction for Uber.
Usually, bodies actualize startup articles about needs they have. Therefore, affairs are you will apperceive the bodies you’ll be confined bigger than I apperceive how to serve “driving fanatics” (as this is what we’ll aces in this article’s role-play).
Therefore, in your case, you’ll appear up with a bigger abstraction than abundance below.
I’d appetite to aim at a ability user blazon of person: addition who would absolutely be into the abstraction of active bodies around. Addition who would be a die-hard fan of my “Uber” concept.
My cerebration is: if you adulation active (even for long-distances), you’d adulation yourself a way to be paid for that.
Therefore, I’d charge commodity that would clarify for me the bodies who are into driving. A abode area I accumulate all the active fanatics.
And not alone that, but I’d additionally adulation accepting to see the best amidst these bodies — to acquisition out who are the best of the best. A bureaucracy of drivers.
Here’s my abstraction of a carry allotment for Uber:
A association area active fanatics address about their journeys:
It’s some array of a “Google Maps reviews” but for trips. Or you can anticipate of it as a “trip journal” online community.
And back it’s a community, there are arrangement furnishings in place: it gets bigger as added active fanatics ample in the information.
Sure, there aren’t billions of active fanatics — but I myself apperceive bodies who artlessly adulation the adventure, the adventure and the randomness of action about in a car.
What’s the purpose of this? It’s simple: Those who are aflame abundant about administration their cruise adventures are acceptable to be aflame about active bodies about in their city. And to be paid for it, on top of that.
Remember, I charge the ability users of Uber (the driver’s ancillary I mean, not the riders). Those who will accept the courage, in the beginning, to try this new concept.
Forget what you apperceive about Uber drivers today. In my scenario, I’m aggravating to booty Uber off the ground, so I charge ability users.
You ability be quick to allay the way I’ve laid out over actuality back you apperceive today’s mural of Uber drivers — a actual aggressive marketplace. But in the beginning, Uber gave abroad actual fat budgetary bonuses for drivers, so as to allurement them.
What I proposed is a abstracted artefact from Uber and we’ll anon see that there’s additionally addition way to go about it.
Once you’ve got a austere bulk of drivers benefitting from this “smaller product” (i.e. the community, in this case), again authoritative Uber becomes abundant easier.
It’s harder to alpha Uber with 0 drivers than it is to alpha it with 500 drivers.
You can accept those 500 bodies active up if you’ve developed commodity for them in the aboriginal place.
LinkedIn basic to body a amusing belvedere for professionals. They would monetise it by authoritative LI adorable to recruiters.
The problem? There would be no “party” action on for recruiters, unless there are a lot of bodies over there in the aboriginal place.
No bulk for recruiters meant no money for LinkedIn. And no money meant no way to accumulate the belvedere alive.
But if you remember, LinkedIn had a advantageous action afore it became the amusing arrangement that it is today: you were able to accomplish your online CV/resume through it.
Instead of afterward the Europass CV/resume arrangement every distinct time, adapting it for every application, downloading it as a PDF and adhering it through emails — now you’ve had a link.
Linkedin dot com carve “yourname”. That was it. A band-aid that got bodies assimilate a belvedere of professionals.
And, already again: for what affectionate of bodies was this artefact built? The answer: for those who would adulation the LinkedIn adventurous dream (i.e. the bigger eyes product).
LinkedIn’s aisle appear a amusing belvedere didn’t beggarly a abstracted product, like what I declared aloft with Uber.
LinkedIn’s “funnel piece” was a feature.
The alteration is smoother if you administer to actualize a carry allotment as a affection but it all depends on what affectionate of bulk and incentives you appetite to accord out to people, so as to get the affair action on.
For Tesla, the “funnel piece” that enabled their abiding dream meant a abstracted product: a actual expensive, low-production-levels car in the aboriginal place. Actually, let me acquiesce Elon to put it into words.
Elon Musk laid it all out in his Adept Plan:
“The action of Tesla is to access at the aerial end of the market, area barter are able to pay a premium, and again drive bottomward bazaar as fast as accessible to college assemblage aggregate and lower prices with anniversary alternating model.”
And again in his Adept Plan allotment 2, he writes:
“The aboriginal adept plan that I wrote 10 years ago is now in the final stages of completion. It wasn’t all that complicated and basically consisted of:
1. Actualize a low aggregate car, which would necessarily be expensive
2. Use that money to advance a average aggregate car at a lower price
3. Use that money to actualize an affordable, aerial aggregate car”
As you can see, it played out able-bodied (at atomic so far). His carry allotment was the Tesla Roadster — that’s point 1, the low aggregate car which was expensive.
Then the Archetypal S and Archetypal X were the medium-volume cars which are cheaper than the Roadster — but still expensive.
Only the money from the S and X accustomed Tesla to actualize the Archetypal 3: the affordable and high-volume car.
Tesla didn’t go beeline for “let’s accomplish the affordable car appropriate now — we aloof charge to accession some dozens of billions”.
No, that was too abundant alike for Elon, addition who has aloof awash a aggregation for $1.5 billion.
LinkedIn didn’t go beeline for “the amusing belvedere of professionals”. Or maybe they did, but they had to apprentice it the adamantine way that they charge a “funnel piece” for their bigger plan.
If you accept a actual aggressive plan — abnormally if you’ve got the chicken-egg botheration — you charge to breach it down.
Break it bottomward into a abate piece, because a acceptable allegory is that you’re planning to bandy a party. This applies alike added if you appetite to affix two types of people: the way LinkedIn and Uber basic to connect.
No one wants to go to a affair which hasn’t yet started.
In added words, no one wants an Uber area there are alone 3 drivers — you wouldn’t accessible the app in the aboriginal place.
No one wants to go on LinkedIn to recruit bodies if there are alone 10 signed-up people.
But maybe, aloof maybe, there’s a smarter way to accomplish a artefact that connects people.
Maybe the way to alpha a affair is by adorable one ancillary of the participants in the aboriginal place.
Doing commodity alone for this one side. And accomplishing it actual well.
And already the angled point has been accomplished (i.e. abundant professionals are on LinkedIn), alarm your accompany from the added admirers and allure them over.
“Hey recruiters, we’ve got a ton of professionals in the abode tonight. Wanna join?”
How does that complete in allegory to:
“Listen, listen, I apperceive it sounds crazy, but we’re action to reinvent the way bodies are hired. We’re action to accept bodies administration with our aggregation their acute and clandestine info. Again we’ll put it out all out there so that anybody can see. And in a few months, you will be able to recruit bodies this way. Sounds cool, huh?”
You adjudicator for yourself which one sounds better.
Making a carry allotment in my Uber-imaginary-case agency adorable calm drivers.
With time, 5,000 car fanatics are on your “funnel product”. And back you appetite to barrage Uber, you’ve got a absolute way of communicating to a actual actual targeted account of bodies who are awful acceptable to become Uber drivers.
10% catechumen (at worst) and buy into your dream of “Make money with your car in your additional time”.
And the affair is action on already, with 500 drivers there. The riders? They’ll join, because the music is already loud abundant to allure them.
Plus, it’s a bacteria approach. Your assumptions about the “funnel product” may not be right. In turn, you’ll analysis and reiterate with beneath time money accomplishment invested.
Last but not least, back the big advertisement of the bigger-vision artefact is coming, you already accept a accord with all these bodies you’ve helped.
Was this association the best able idea? Far from it — I don’t apperceive the admirers so a accurate active fan can appear up with a bigger abstraction and, added importantly, execution.
But alike back it’s not a abundant artefact and you’ve alone aggregate bodies through non-scalable way and donkey assignment — it ability still be accessible and can get you off the ground, if you haven’t got advance money.
You’ve offered these bodies commodity — so they will appetite to acknowledgment the favour. Thus they’ll angular in and accept actual carefully to your “plan of reinventing the approaching of the driving”, back the time comes.
And if you’ve got advance money? You should still do both of them in parallel.
I’ve created an app that went from 0 to 200k users in its aboriginal year by accident. In essence, it’s a Wikipedia of authentications: you apprentice how to acquaint amid affected and accurate sneakers/clothes.
It’s all chargeless and it’s accurate itself to be actual accessible for those who are on the border of exasperation, fearing that they got scammed with replicas.
My plan for the “bigger product” is not anywhere abutting to existing. And I plan on befitting it that way for the time actuality — we’ve got so abundant added to do on the carry piece.
Why? It’s easier to alpha a artefact with 500K absolute users as of now (or hopefully with 5M absolute users in the afterward years) than it is to alpha it from 0.
This app is not the alone affair I’ve put out as a aftereffect of this belief. We’ve fabricated a library of the exact angle decks companies like Uber, Airbnb, WeWork etc. acclimated to accession money. Plus, in some cases, how they looked like in the aboriginal days.
Why actualize that? It’s simple: I adulation interacting with startup founders — and I appetite to do added of that. Bodies usually ability out to ask for advice, sometimes about how to accession money.
I didn’t apperceive how to admonish them on that — I never aloft money. But I knew I could body this for them.
I’m autograph this as it’s the basal anticipation in assorted business endeavours I’m running. If they will about-face out fine, I can point out to this commodity and say “Here it is, I’ve laid it all out afore it happened, so maybe it’s working.”
Until then, I accept the account actuality still accomplish faculty by themselves. If you agree, I achievement you will accompany me in acceptable the aboriginal adopters of this eyes of the future, area companies are creating cash-burning articles which absolve their costs of operation because of the bulk of high-quality absorption their basic action gets.
If it doesn’t comedy out well, as I said above, you won’t apprehend about this.
There’s addition business endeavour I’m attractive at, but I can’t acknowledge abundant besides one word: influence. If it gets to see the ablaze of the apple in a acknowledged manner, it was acclaimed here. Otherwise, too bad, we’ll try commodity else.
Sure, you can go for your admirable plan.
But remember: it’s easier to get a affair action on already bodies are already in the house.
Get one ancillary of the affair in the house, one way or addition — and again alpha the party. This way, your grand-vision startup product’s affairs are added tremendously.
And who knows, maybe your adventure basic angle accouter has college affairs back you’ve got “100k users and a admirable plan” rather than aloof “a admirable plan” by itself.
Maybe bodies are added incentivised to bandy millions at you 😉