Population and Social Characteristics

9 Elon Musk Quotes Every 50-Year-Old Needs to Hear

Kathryn Koehler/Courtesy of 24/7 Wall St.

Elon Musk is the entrepreneur behind Neuralink, SpaceX, and Tesla (TSLA). With ambition and determination, Musk has revolutionized industries from electric vehicles to space exploration. His groundbreaking work in these pursuits has pushed the limits of what is possible, making Musk the poster boy for those who dare to dream big and strive to make their mark on the world. Will following the advice of this 21st-century Silicon Valley guru make your big dreams come true? Well, it couldn’t hurt to at least consider it. Continue reading to see which of 24/7 Wall St.’s list of 9 Elon Musk quotes every 50-year-old needs to hear resonate with you. 

Why It Matters

Elon Musk possesses exceptional insights into entrepreneurship and innovation. His business success is evidence that Musk can turn dreams into reality. And while you might not agree with all his plainspoken pearls of wisdom, they still spark a good debate. I know you know. 

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His success in business and innovation is evidence that Elon Musk can turn dreams into reality.

1. Friendly Coworkers

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Positive professional relationships lead to productivity in a supportive work environment.
  • It’s very important to like the people you work with. Otherwise, your job is going to be quite miserable.  -Elon Musk

Even The Virtual Ones

Young coworkers discussing while standing at office
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When you have positive relationships with your coworkers, the days go by faster.

Enjoying the company of your coworkers makes the workplace more enjoyable and reduces stress levels. That doesn’t mean you have to be close friends with every coworker. Positive professional relationships also lead to productivity in a supportive work environment. Mutual respect, effective communication, and a shared commitment to achieving a common goal are the winning combination. But if you’re lucky enough to have that one co-worker friend, you know, the one you can’t sit next to in team meetings? Priceless.

2. Don’t Panic

If your dreams have lost their juice, it's never too late to recharge them.
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If your dreams have lost their juice, it’s never too late to recharge them.
  • Most people will panic to find a charger before their phone dies, but won’t panic to find a plan before their dream dies. -Elon Musk

Make It Happen

Hand drawing image as symbol of Making idea for business happen concept on whiteboard
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Dedicating yourself to accomplishing your goals and maintaining your focus on the endgame takes patience and a network of support.

Ouch. I’m guessing most of us identify with this quote. Keeping your phone charged is important, but so are your dreams. If your dreams have lost their juice, it’s never too late to recharge them. Dedicating yourself to accomplishing your goals and maintaining your focus on the endgame takes patience and a network of support. Will it be easy? Probably not. Will it be worth it? Absolutely. Oh, better keep your phone charged, because you never know when success will call. 

3. Control Issues

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Relying on a single source of income or investment can carry significant risk.
  • It’s OK to have all of your eggs in one basket as long as you have control of the basket. -Elon Musk

Don’t Blink

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I can’t think of anything more tiring than feeling the need to consistently control the basket.

On 24.7 Wall St.’s list of 9 Elon Musk quotes every 50-year-old needs to hear, this is one of the more debatable pieces of advice. Relying on a single source of income or investment carries significant risk. Yes, even when you (think) you have control of the basket/situation. And I can’t think of anything more tiring than feeling the need to consistently control the basket. It’s prudent to avoid over-reliance on any one avenue. Aim for a balanced and diversified portfolio to safeguard against a time when you may blink. 

4. Time Is Money

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Unlike money, time is finite.
  • Time is the ultimate currency. -Elon Musk

Finite Resources

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Time spent on meaningful endeavors yields the highest returns in terms of satisfaction.

Time is the most valuable resource we have, and unlike money or material possessions, time is finite. How we choose to spend our time ultimately determines the quality and fulfillment of our lives. This perspective encourages prioritizing activities and pursuits that give meaning and bring joy to our lives. Time spent on meaningful endeavors yields the highest returns in terms of satisfaction, somethng that money cannot buy. 

5. Meaningful Endeavors 

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If you continue to have a strong conviction in your endeavor even after analyzing the risks, take the plunge. That’s what innovators do.
  • When something is important enough, you do it even if the odds are against you.  -Elon Musk

Roll With It

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Innovators don’t allow risk to get in their way.

Betting against the odds can be a strategic move when you have a well-informed and calculated understanding of the situation, but it’s quite a different undertaking when you’re going on nothing more than your gut. If you continue to have a strong conviction in your endeavor even after analyzing the risks, Musk thinks you should take the plunge. That’s what innovators do. 

6. Think Big

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Maintaining your focus and channeling your drive will result in extraordinary success more often than not.
  • I think it’s possible for ordinary people to choose to be extraordinary. -Elon Musk

Achieve Greatness

Businessman Superhero
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By setting ambitious goals and consistently seeking opportunities for learning, ordinary people can become extraordinary.

More accurately, ordinary individuals can do extraordinary things by making choices that propel them toward greatness. By setting ambitious goals and consistently seeking opportunities for learning while surrounding themselves with a supportive cohort, ordinary people can unlock their full potential and accomplish remarkable things. Though luck and serendipity are often factors as well, maintaining your focus and channeling your drive will result in extraordinary success more often than not. 

7. Risky Business

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Taking risks allows you to discover untapped potential.
  • Take risks now. Do something bold. You won’t regret it.  -Elon Musk

Be Bold

Risk management and mitigation to reduce exposure for financial investment, projects, engineering, businesses. Concept with manager's hand turning knob to low level. Reduction strategy.
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Embracing change will empower you to live a more satisfying and fulfilling life.

Stepping outside of your comfort zone pushes you beyond the boundaries of what feels safe and familiar, allowing you to encounter perspectives, have experiences, and access opportunities that you would otherwise miss. Taking risks allows you to discover untapped potential, Embracing change as an integral part of your journey toward achieving your dreams, will, in turn, empower you to live a more rewarding and fulfilling life.

8. It’s Worth Saying Again 

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Patience is a decadent trait in this fast-paced world. Be a rebel.
  • Patience is a virtue, and I’m learning patience. It’s a tough lesson. -Elon Musk

Because It’s True

The concept of a nervous breakdown. The limit of patience. A stretched rope. Emotional stress.
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Patience allows us to achieve our long-term goals.

Patience is considered a virtue because it enables us to remain calm, cool, and composed in the face of challenges. By exercising patience, we can better manage our stress and make more informed decisions. Patience also plays a role in achieving long-term goals, by allowing us to stay focused as we navigate obstacles in our path. Patience is a decadent trait in this fast-paced world in which instant gratification has become the norm. Be a rebel. 

9. You’re The Decisive Element

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By making a concerted effort to look for the best in everyone and everything, we will begin to see the best in everyone and everything.
  • If you get up and think the future is going to be better, it is a bright day. Otherwise, it’s not. -Elon Musk

Eternally Optimistic

overflowing mineral water in transparent glass with drops and bubbles isolated over white, blue background, close up
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Why be a glass 1/2 full kinda person when you can be a glass overflowing type person?

This is by far the best advice on 24/7 Wall St.’s list of 9 Elon Musk quotes every 50-year-old needs to hear. As Rikki Lee Jones sings in her splendid song Ghetto of My Mind, “I know that the world you make inside your head; that’s the one you see around you.” The world we envision in our minds heavily influences our worldview. Our thoughts, beliefs, and emotions shape our interpretations of the external world. By making a concerted effort to look for the best in everyone and everything, we will begin to see the best in everyone and everything. So, when you wake up tomorrow morning, face the world with a smile and good thoughts. 

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