Published Nov 18, 2022
2 mins read
439 words
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Economics
Technology

Twitter Will Prove To Be Musk's Big Mistake

Published Nov 18, 2022
2 mins read
439 words

The Chief Executives who are dictatorial in nature and like to clamp down on things, are always in limelight and remain the subject of discussion and debate. They are completely free from the compulsions and limitations that bind ordinary executives, when they go up, they go very high and when they fall down, they measure very deep. Today we are talking about the richest person in the world, Elon Musk, who touched the heights of the sky with Tesla, but now with Twitter, he is going to fall down equally fast.

Last week, I spoke with Vivek Wadhwa, a writer, scholar, and entrepreneur based in Silicon Valley, to get a better understanding of what goes on inside the head of an authoritarian CEO. In the year 2016, Wadhwa wrote an article for Quartz, titled The World's Best Companies Who Are Commanded by Intelligent Discussion, in which he said that when you are a visionary, big ideas come to your mind. You think these ideas can change the world, but no one is ready to believe you. Well these visionaries have to reverse normal logic. Keeping a tight track of things becomes their compulsion and they unwittingly turn into a charismatic personality. He had to be tough to lead people in the direction he chose

in the hands of dictators. with me

At the same time, they also have to develop the art of taking everyone along.

For such leaders, their work is like an obsession and they do not consider failure as an option. When Musk was launching Ambien, a new model of Tesla, he worked 120 hours a week. Apple co-founder Steve called a Google executive to work on Sunday. The yellow O in Google's logo, they wanted to talk about color blending in the context of the iPhone. Walt Disney almost bet all his savings on an animated film called Snow White and the Seven Backs, and Twitter may turn out to be his Waterloo. Had gone bankrupt.

When such autocrats are working in a startup, then this spirit of theirs proves to be useful. Because they know how to fight for success till the last moment. But when the company becomes big, then these habits of theirs start putting obstacles in the work. Because there is a world of difference between running a startup and managing an established company. What is right for one may not be right for another. Maturity, calm attitude, habit of listening, consensus building etc are necessary to run a big company. This is where Musk becomes a problem. They figure that what worked for Tesla will work for Twitter as well.

Twitter
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richa.vedpathak 11/18/22, 10:42 AM
Nice blog.
noorul.ruwaitha 11/20/22, 4:39 PM
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sheetal.thakur 11/24/22, 1:48 AM
Please view my blogs
akira 9/16/23, 12:46 PM
Truly said 👍

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