The Leadership of Elon Musk - Essay Example

Musk started Zip2, which was a web-based city guide intended for media companies and newspaper publishers. When Compaq bought Zip2 in 1999, Musk became a multimillionaire at age 28. As a leader, he does not just create organizations for the sake of creating them, but he aims at getting things done (The Mark of a Leader, 2014).

Elon Musk later co-founded X.com, which was a payment system based on an email that later transformed into PayPal. Being the chairperson of the company and major shareholder, he introduced a viral marketing initiative that allowed PayPal to spread at a tremendous pace. Later, PayPal emerged as the internet’s worldwide leading payment transfer. In 2002, 3 years after the founding of PayPal, eBay bought the company for approximately $1.5 billion. After changing how people use the internet, Musk founded SpaceX, a private aerospace company whose goal is to extend human life on other planets. This initiative has been highly successful and NASA has contracted with SpaceX severally for 12 flights. Today, Musk has focused his attention on improving how people transport themselves here on earth. He has managed to make Tesla Motors the fastest-growing company in the world (The Mark of a Leader, 2014). Read More