Elon Musk should serve as an inspiration for those ordinary mortals who are struggling to manage time and accomplish goals.
The billionaire on Tuesday shared his time management strategy in an interview at the Wall Street Journal CEO Council summit.
What Happened: Musk — who leads Tesla, SpaceX, The Boring Company and Neuralink — was asked about his hectic, connected life. Answering a question on how a typical day in his life looks like, the billionaire said his days are "very long" and "complicated."
There is a great deal of context switching, Musk said, adding that context switching is quite painful.
"I do generally try to divide companies that’s predominantly one company on one day so today is a Tesla day for example, although I might end up at Twitter late tonight and then tomorrow would be the probably as Tesla day as well and part Twitter," Musk said.
"Then Thursday it would be sort of half SpaceX, half Tesla day," he said.
The billionaire conceded that it is a tough life being him. "But these things are somewhat intertwined, so the time management is extremely difficult," he said.
Musk also noted that he has only one part-time assistant.
"I do most of the scheduling myself, and the reason I do that is because it’s impossible for someone else to know what the priorities are," the Tesla CEO said.
See Also: Everything You Need To Know About Tesla Stock
Why It's Important: Musk is the head honcho at his multiple ventures, including his flagship electric vehicle business Tesla, space exploration company SpaceX, infrastructure and tunnel construction services company, Boring Company, brain-machine interface developer Neuralink and social media platform Twitter.
Tesla per se has subsidiaries including energy storage and insurance. He has also registered a company by the name X.AI in Nevada to take advantage of the booming interest in artificial intelligence.
So far, he has been successfully juggling all ventures, with all of them running smoothly. Musk did face criticism over his preoccupation with Twitter hurting his other companies, mainly Tesla. Bowing to pressure, the billionaire has named media executive Linda Yaccarino as CEO of Twitter.
Meanwhile, Musk is considered an exacting leader, at times very demanding too. Lores abound about how he stays at the offices of his companies into the wee hours of the morning during critical times and expects the same from his employees.
When he took over Twitter, he ruthlessly went about purging the company, packing off almost 75% of the workforce.
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