Wednesday, February 26, 2020

1 Dollar per day challenge

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1 Dollar per day challenge 

Long before he gained a net worth of an estimated$40bn, launched SpaceX and Tesla and before he became a millionaire at 28 after selling his first company, Zip2, Elon Musk lived off just a dollar a day.
Forcing himself to live mainly off hot dogs and oranges wasn't the result of poverty or some charitable movement, but an experiment to see if he had what it takes to lead a life as an entrepreneur
He decided to see if a $30 food budget could get him through a month. He bought mostly hot dogs and oranges in bulk and would occasionally switch it up with some pasta and jarred tomato sauce.
In a interview he said that.
"So I was like, oh, okay. If I can live for a dollar a day – at least from a food cost standpoint – it is pretty easy to earn $30 dollars in a month, so I'll probably be ok,".
It gave him the assurance that he didn't need a comfortable salary to survive, allowing him the freedom to pursue his loftier goals, he added.


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