Entrepreneur
ENTREPRENEURPresented By:Shashank [email protected]
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How should we pronounce it ?
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Who is an Entrepreneur ?An individual who, rather than working
as an employee, runs a small business and assumes all the risk and
reward of a given business venture, idea, or good or service
offered for sale. The entrepreneur is commonly seen as a business
leader and innovator of new ideas and business processes.-
Investopedia
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Elon MuskMulti-talentedBusiness
MagnateEngineerInventorInvestorMan of Vision#15 Richest in Tech
(2015) by Forbes
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How it all startedBorn in South Africa on June 28,
1971Self-taught computer programmerSold a video game made by him
for $500 at the age of 12
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He was accepted into Queen's University in Kingston at the age
of 19.
Bachelor of Science in Physics at the age of 24 from University
of Pennsylvania.
Enrolled for PhD. in Stanford University but left after
attending for 2 days to pursue his entrepreneurial aspirations in
the areas of the Internet, renewable energy and outer space.
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Zip2A web software company started in 1995.Investment of
US$28,000 Obtained contracts with The New York Times and the
Chicago TribuneCompaq acquired Zip2 for US$307 million in cash and
US$34 million in stock options in 1999
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X.Com & PaypalCo-founded X.com, an online financial services
and e-mail payment companyMerged with ConfinityThe merged company
focused on the PayPalPayPal was acquired by eBay for US$1.5 billion
in stock, of which US$165 million was given to Musk
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Musk conceptualized Mars Oasis in 2001Went to Russia to buy
refurbished ICBMs (Intercontinental ballistic missile)Musk was seen
as a novice & was rejectedStarted a company that could build
the affordable rockets he neededUS$100 million of his early fortune
was invested to form SpaceX in 2002
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GoalsReduce the cost of human spaceflight by a factor of 10In a
2011 interview, he said he hopes to send humans to Mars' surface
within 1020 yearsHe wishes to establish a Mars colony by 2040, with
a population of 80,000
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Incorporated in July 2003 by Martin Eberhard and Marc
TarpenningMusk led the Series A round of investment in February
2004, joining Tesla's Board of Directors as its ChairmanAssumed
leadership of the company as CEO and product architect after the
2008 financial crisisMusk became the highest paid CEO in the world,
as of 2014Reduced annual salary to one dollar
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Tesla Power Stations Till 2014Tesla Power Planned Till 2016
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Second largest provider of solar power systems in the United
StatesMusk provided concept & financial capital in
2006Underlying motivation for funding both SolarCity and Tesla is
to help combat global warmingMusk committed to building a SolarCity
advanced production facility in 2014
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The Real LifeTony Stark
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Elon Musks Cameo in Iron Man 2
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Iron Man Technology by Elon Musk
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ConclusionMost of his innovative ideas & visions became
trueAlways learning & accepting failureNever seized to dream
bigLives up to the expectations of himselfOptimistic in hard
times
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