Elon Musk On Importance Of Feedback For Improving Things Better and Better

 

Elon musk is inspirational Canadian-american business entrepreneur and he is the founder of many innovative companies including spaceX, TESLA motors and paypal…etc.He is famous for his researches and achievements in the projects related to space and solar power.He is not only a famous entrepreneur, but one of the richest businessman in the world with net worth estimated at $11.5bn as of june 2016.

As an aspiring entrepreneurs, we can learn many lessons from him for our personal and business success.Here, he is speaking about the importance of feedback and improving ourselves.

“I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better.I think that’s the single piece of advice:Constantly think about how you could be doing things better and questioning yourself”.

The most famous entrepreneurs and companies in the world implementing various advanced strategies and techniques for collecting the feedback/opinion from their ideal customers.Because this is the best and only way  to know the quality and experience of our product’s end users and the collected feedback will help us to improve more and more as per quality and price.

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