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.”
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.
Invest in your ideas before seeking external funds.
Themes
Mood
Type
When to use this quote
- startup fundraising
- product development
- business planning
- financial planning
Key Concepts
Questions to Reflect On
- Are you willing to risk personal assets for your ideas?
- How does personal investment influence decision making?
External investors may demand control that conflicts with vision.