Elon Musk’s billion-dollar business blueprint

The trend-setters of the world come in many different forms. Some may influence you to wear a certain style of clothes while others might influence you to eat a certain way.

But there’s a different type of trend-setter who oftentimes gets overlooked.

Some may call this trend-setter unconventional, but if you’re looking for that six-figure salary that you know your business ideas will rake in, this guy is the role model for you.

Here is his billion-dollar blueprint that will launch your business ideas into a profitable orbit…

Elon Musk: if you haven’t heard of him, you’re about to. The rock you’ve been living under will soon be solar-powered through his innovation.

It’s hard to keep track of how many successful business ventures Elon Musk is involved in at any moment, because he seems to have his hands on a little bit of everything at all times.

Musk isn’t your conventional Ivy League graduate. In fact, he only spent two days in grad school before leaving to pursue an entrepreneurial career which led to his current $11.5 billion net-worth figure.

Whether your idea is some revolutionary technology or a simple product that benefits just a handful of people, Musk’s lessons apply to you.

By following these 5 successful steps, your business idea will be manifested in no time and you’ll be on your way to a sizable net-worth of your own.

1. Realize your goals; make the necessary steps

Elon Musk’s first step to success is all about realizing your goal. Define your endgame. If you don’t understand what it is that you’re working for, you can never get there.

Write down the name of your product and stick it to your computer, on your car dashboard, or anywhere that you’ll see it every day. Draw a simple sketch of it if possible—stick figures are acceptable.

As long you can see your product or idea in real form, you’ll be on your way to that cushy six-figure salary you’ve been day-dreaming about.

Begin by asking questions. What does the market need? What will I need to do to be able to manufacture or produce? What type of crew or employees will I need, if any?

2. Keep your vision in clear sight

Musk would attribute his success to a single linear vision. Yes, he has had many linear visions, but they’re all separate and independent from the next.

Draw a map, physically or mentally, of how you’re going to reach your goal. Make sure there are no road works—if there are, take a different route or plow right through them.

As long as you can connect each dot that leads your idea to becoming a reality, you’ll quickly reach that Olympic-pool-sized pot of gold where you’ll be floating on endless profit.

In each of Musk’s projects, whether it’s PayPal, SpaceX, or Tesla, he has always had a unique and attainable goal. That goal has been the driving force for each successful business.

Once your goal is clear and laid out, your ideas will be clearly visualized and profitable in no time.

3. Progress, progress, progress

Have you ever heard the saying, “One step forward, two steps back”? Elon Musk ensures that he is always taking three steps forward, no steps back by solidifying each stage of progression.

Lay out milestones on your map. These could be anywhere from creating a logo to making your first sale.

Make sure that you realize that a milestone has been achieved.

Celebrate: reward yourself with a nice glass of champagne. Don’t drink the whole bottle yet, there’s still a lot of work to accomplish, but make sure you understand that you’re one step closer to that finished product.

Vitalize your ideas by taking three steps forward every single day and taking a moment to understand that the finish line is in sight. Once you reach that finish line, drink all the champagne you want, it’ll be on your customers’ dime.

4. Don’t let big competition intimidate you

This step is crucial. There are so many companies that never reach their full potential due to intimidation from the big guys.

Look at Musk. He’s found the biggest of the big and fought them head on.

For example: PayPal opposed the standard banking system, SpaceX competed with the aerospace industry, and Tesla came head-to-head with the U.S. auto industry and won, crowning Musk the modern-day Henry Ford for creating an American car company from scratch for the first time since 1925.

Understand who your competition is. Print out the names of those competitors, pin them to a dart board, and aim for the bulls-eye every time.

These competitors would throw their darts at you if they understood how much of their business you’ll be taking from them once you’re up there.

Once your product is high-flying, you’ll need the confidence of knowing that you’ve looked your competitors in the eyes, no matter how big or strong they are, and thrown your fair share of darts right between the horns.

If anyone embraces big competition, it’s Elon Musk.

5. Remain true to your beliefs

If there is one vision that remains consistent throughout Elon Musk’s diverse endeavors, it’s this: He vows to change the world by using his innovation to revolutionarily produce environmentally stable products at an affordable price.

He is changing the world day by day.

Don’t be afraid to bring your personal philosophies into your business ventures, it’s what makes fast-growing businesses more unique.

You could opt to be safe and try to cater to an entire market, but by taking your beliefs and stapling them to the forefront of your idea, your prospective customers will either step out of the way or hop on board, either scenario will create productive waves in the world of business.

Once you’re able to establish your product that fights for the causes you believe in, your competitor’s money will soon reroute itself into your bank account.

So, to recap:

• Realize your goals and make the necessary steps. If you can’t see your tangible product in front of you, you can bet on it that nobody else can. Watch your ideas come to life and take the following obvious steps.

• Keep your vision in clear sight and don’t lose that vantage point. There is an easy route and a hard route. The hard route will be quicker and more profitable, while the easy route will take longer and the profits will be slower. Either way, make sure you can see the finish line each step of the way.

• Make sure to understand each and every time you’ve reached that next stage of progression. Congratulate yourself and outline what you’ve achieved. This’ll give you more momentum as you head forward.

• The little guy who won’t stand up to the big guy will remain the little guy for the rest of his life. Stand up to big competitors and go after the biggest guys in your market.

• Keep your beliefs and values in check. Promote them through your ideas. Watch the people who agree with you hop on board by the millions with their money in hand. Those who disagree will fall by the wayside and you won’t even notice.

If you closely follow these very basic steps laid out by Elon Musk you’ll soon see your business ideas vitalize into a tangible income in front of your eyes.