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Believe Quote by Elon Musk

“I always invest my own money in the companies that I create. I don't believe in the whole thing of just using other people's money. I don't think that's right. I'm not going to ask other people to invest in something if I'm not prepared to do so myself.” quote by Elon Musk
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“I always invest my own money in the companies that I create. I don't believe in the whole thing of just using other people's money. I don't think that's right. I'm not going to ask other people to invest in something if I'm not prepared to do so myself.”

Elon Musk

About This Quote

Source Speech: Tesla Shareholder Meeting, 2020

Investing personal capital aligns risk with commitment, ensuring confidence in one’s own ventures.

In simple terms: Put your own money where your mouth is.

Key Takeaway

Invest in your ideas before seeking external funds.

Themes

entrepreneurship risk integrity

Mood

determined serious

Type

advisory motivational

When to use this quote

  • startup fundraising
  • product development
  • business planning
  • financial planning

Key Concepts

personal finance venture capital ethical investing

Questions to Reflect On

  • Are you willing to risk personal assets for your ideas?
  • How does personal investment influence decision making?
A Different Perspective

External investors may demand control that conflicts with vision.

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