--- title: "Meaning & Key Takeaway of: This left Musk searching for an industry…" description: "\"“This left Musk searching for an industry that had tons of money and inefficiencies that he and the Internet could exploit. Musk began thinking back to..." image: "https://sms4smile.com/quotes/i/a8f/ashlee-vance-4672_internet_this-left-musk-searching-for-an-industry_1286731.jpg" --- # This left Musk searching for an industry that had tons of… ![“This left Musk searching for an industry that had tons of money and inefficiencies that he and the Internet could exploit. Musk began thinking back to his time as an intern at the Bank of Nova Scotia. His big takeaway from that job, that bankers are rich and dumb, now had the feel of a massive…” quote by Ashlee Vance](https://sms4smile.com/quotes/i/a8f/ashlee-vance-4672_internet_this-left-musk-searching-for-an-industry_1286731.jpg) [Download](https://sms4smile.com/quotes/i/a8f/ashlee-vance-4672_internet_this-left-musk-searching-for-an-industry_1286731.jpg) [Open image](https://sms4smile.com/quotes/i/a8f/ashlee-vance-4672_internet_this-left-musk-searching-for-an-industry_1286731.jpg) > ““This left Musk searching for an industry that had tons of money and inefficiencies that he and the Internet could exploit. Musk began thinking back to his time as an intern at the Bank of Nova Scotia. His big takeaway from that job, that bankers are rich and dumb, now had the feel of a massive opportunity”” [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Musk sought industries rich in capital and inefficiency, seeing them as ripe for disruption using internet tools. **In simple terms:** He looks for big, wasteful markets to innovate. Key Takeaway Identify and target inefficient, high‑value sectors. Themes innovation capital disruption Mood analytical strategic Type business motivational When to use this quote - startup strategy - investment analysis - technology adoption Key Concepts entrepreneurship market inefficiency Questions to Reflect On - Which wasteful industries could benefit from tech? - What risks arise when targeting capital‑heavy sectors? A Different Perspective Not all inefficient markets are viable for disruption. ★ ★ ★ ★ ★ No ratings yet [Exploit Musk](https://sms4smile.com/quotes/about/exploit-musk-4176957/) [Internet](https://sms4smile.com/quotes/about/internet/) [Left Musk](https://sms4smile.com/quotes/about/left-musk-4176956/) [Money](https://sms4smile.com/quotes/about/money/) [Musk](https://sms4smile.com/quotes/about/musk/) [Musk Began](https://sms4smile.com/quotes/about/musk-began-4176954/) [Musk Searching](https://sms4smile.com/quotes/about/musk-searching-4176955/) [Nova scotia](https://sms4smile.com/quotes/about/nova-scotia/) [Tesla](https://sms4smile.com/quotes/about/tesla/) ## Related quotes > [“Thought Leadership “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” Book by Ashlee Vance “Take risks now and do something bold.…](https://sms4smile.com/quotes/ashlee-vance/thought-leadership-elon-musk-tesla-spacex-and-the-quest-for-a/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Cult of Musk. Employees fear Musk. They adore Musk. They give up their lives for Musk, and they usually do all of this simultaneously.”](https://sms4smile.com/quotes/ashlee-vance/cult-of-musk-employees-fear-musk-they-adore-musk-they-give-up-their/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“As Musk put it, “Try to imagine explaining that you’re investing in an electric car company, and everything you read about the car company…](https://sms4smile.com/quotes/ashlee-vance/as-musk-put-it-try-to-imagine-explaining-that-you-re-investing-in-an/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“That ability to stay focused in the midst of a crisis stands as one of Musk’s main advantages over other executives and”](https://sms4smile.com/quotes/ashlee-vance/that-ability-to-stay-focused-in-the-midst-of-a-crisis-stands-as-one/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“What Musk had done that the rival automakers missed or didn’t have the means to combat was turn Tesla into a lifestyle. It did…](https://sms4smile.com/quotes/ashlee-vance/what-musk-had-done-that-the-rival-automakers-missed-or-didn-t-have/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Musk’s vision, and, of late, execution seem to combine the best of Henry Ford and John D. Rockefeller. With”](https://sms4smile.com/quotes/ashlee-vance/musk-s-vision-and-of-late-execution-seem-to-combine-the-best-of-henry/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“During a time in which clean-tech businesses have gone bankrupt with alarming regularity, Musk has built two of the most successful clean-tech companies in…](https://sms4smile.com/quotes/ashlee-vance/during-a-time-in-which-clean-tech-businesses-have-gone-bankrupt-with/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Steve Jurvetson, the venture capitalist who has invested in SpaceX, Tesla, and SolarCity, worked for Jobs, and knows Gates well, also described Musk as…](https://sms4smile.com/quotes/ashlee-vance/steve-jurvetson-the-venture-capitalist-who-has-invested-in-spacex/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“for Musk, the distinction between stumbling into something and having intent is important.”](https://sms4smile.com/quotes/ashlee-vance/for-musk-the-distinction-between-stumbling-into-something-and-having/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Musk pulled Justine close while they danced, and informed her, “I am the alpha in this relationship.”](https://sms4smile.com/quotes/ashlee-vance/musk-pulled-justine-close-while-they-danced-and-informed-her-i-am-the/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Like Steve Jobs before him, Musk is able to think up things that consumers did not even know they wanted—the door handles, the giant…](https://sms4smile.com/quotes/ashlee-vance/like-steve-jobs-before-him-musk-is-able-to-think-up-things-that/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“When Musk is present, the chats tend toward the absurd and fantastic”](https://sms4smile.com/quotes/ashlee-vance/when-musk-is-present-the-chats-tend-toward-the-absurd-and-fantastic/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“He’s less a CEO chasing riches than a general marshaling troops to secure victory. Where Mark Zuckerberg wants to help you share baby photos,…](https://sms4smile.com/quotes/ashlee-vance/he-s-less-a-ceo-chasing-riches-than-a-general-marshaling-troops-to/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Musk sits somewhere on the autism spectrum and that he has trouble considering other people’s emotions and caring about their well-being.”](https://sms4smile.com/quotes/ashlee-vance/musk-sits-somewhere-on-the-autism-spectrum-and-that-he-has-trouble/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“When Musk announced in 2014 that Tesla would open-source all of its patents, analysts tried to decide whether this was a publicity stunt or…](https://sms4smile.com/quotes/ashlee-vance/when-musk-announced-in-2014-that-tesla-would-open-source-all-of-its/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) ## More by Ashlee Vance > [“Thought Leadership “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” Book by Ashlee Vance “Take risks now and do something bold.…](https://sms4smile.com/quotes/ashlee-vance/thought-leadership-elon-musk-tesla-spacex-and-the-quest-for-a/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“He points out that one of the really tough things is figuring out what questions to ask,”](https://sms4smile.com/quotes/ashlee-vance/he-points-out-that-one-of-the-really-tough-things-is-figuring-out/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Musk sits somewhere on the autism spectrum and that he has trouble considering other people’s emotions and caring about their well-being.”](https://sms4smile.com/quotes/ashlee-vance/musk-sits-somewhere-on-the-autism-spectrum-and-that-he-has-trouble/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“He’s less a CEO chasing riches than a general marshaling troops to secure victory. 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It just wasn’t a good way to go about things.”](https://sms4smile.com/quotes/ashlee-vance/i-might-have-fixed-that-thing-but-now-i-ve-made-the-person/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Like Steve Jobs before him, Musk is able to think up things that consumers did not even know they wanted—the door handles, the giant…](https://sms4smile.com/quotes/ashlee-vance/like-steve-jobs-before-him-musk-is-able-to-think-up-things-that/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Musk pulled Justine close while they danced, and informed her, “I am the alpha in this relationship.”](https://sms4smile.com/quotes/ashlee-vance/musk-pulled-justine-close-while-they-danced-and-informed-her-i-am-the/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“for Musk, the distinction between stumbling into something and having intent is important.”](https://sms4smile.com/quotes/ashlee-vance/for-musk-the-distinction-between-stumbling-into-something-and-having/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Well, we will decide we’re going into production and then a miracle is going to happen,”](https://sms4smile.com/quotes/ashlee-vance/well-we-will-decide-we-re-going-into-production-and-then-a-miracle-is/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“You don’t tell Elon you can’t do something. That will get you kicked out of the room”](https://sms4smile.com/quotes/ashlee-vance/you-don-t-tell-elon-you-can-t-do-something-that-will-get-you-kicked/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) > [“Founded in June 2002, Space Exploration Technologies came to life in humble settings.”](https://sms4smile.com/quotes/ashlee-vance/founded-in-june-2002-space-exploration-technologies-came-to-life-in/) [Ashlee Vance](https://sms4smile.com/quotes/author/ashlee-vance/) [Explore all 91 Ashlee Vance quotes ](https://sms4smile.com/quotes/author/ashlee-vance/) ## More Internet quotes > [The only people who think the Internet is a calamity are people whose lives have been hurt by it; the only people who insist…](https://sms4smile.com/quotes/chuck-klosterman/the-only-people-who-think-the-internet-is-a-calamity-are-people-whose/) [Chuck Klosterman](https://sms4smile.com/quotes/author/chuck-klosterman/) > [I enjoy upsetting the right people. I love poking fun at earnest censors. I want to push the bounds of what can be said…](https://sms4smile.com/quotes/milo-yiannopoulos/i-enjoy-upsetting-the-right-people-i-love-poking-fun-at-earnest/) [Milo Yiannopoulos](https://sms4smile.com/quotes/author/milo-yiannopoulos/) > [ The social \[media channel\] isn't about beauty contests and popularity contests. They're a distortion, a caricature of the real thing. 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We've done all…](https://sms4smile.com/quotes/wangechi-mutu/we-became-homo-sapiens-not-that-long-ago-from-the-scientific/) [Wangechi Mutu](https://sms4smile.com/quotes/author/wangechi-mutu/) > [Note to self: If you do not know how to spell a big scary spiders name, DO NOT look it up on the internet.…](https://sms4smile.com/quotes/becky-eisele/note-to-self-if-you-do-not-know-how-to-spell-a-big-scary-spiders-name/) [Becky Eisele](https://sms4smile.com/quotes/author/becky-eisele/) > [I remembered reading about a disease called Leishmaniasis, which matched my symptoms. 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