INTRODUCTIONElon Musk is a South African born American entrepreneur who started with a small software company and presently one among the worlds most successful business leaders. Elon Musk used his technology skills and business savvy to become a successful US-based serial entrepreneur. His first company, Zip2, which he cofounded with his brother shortly after leaving the graduate physics program at Stanford University, provided online content publishing software for local news organizations and was acquired by Compaq. As a founder and early driving force behind the online payment-processing company PayPal, Musk reaped significant financial rewards from PayPal's initial public offering (IPO) in early 2002the first successful IPO of a technology show more content
1. Ask a question.2. Gather as much evidence as possible about it.3. Develop axioms based on the evidence and try to assign a probability of truth to each one.4. Draw a conclusion based on cogency to determine: Are these axioms correct, are they relevant, do they necessarily lead to this conclusion, and with what probability5. Attempt to disprove the conclusion. Seek refutation from others to further help break your conclusion. 6. If nobody can invalidate your conclusion, then you're probably right, but you're not certainly right.Musk utilizes these six questions any time he needs to come up with an idea, solve a problem, or decide to start a business. He values this kind of evidence-based decision making, and criticized individuals who can't separate fact from. (Jackson, 2017)For example, when Musk and his team were trying to estimate how much the first SpaceX rockets would cost, they could have just looked at the products on the market. But as the blog 99u points out, his team didn't settle for that analogy-based argument. Instead, they figured out what the necessary parts of a rocket were, and then found out how much the raw materials of those parts would cost. The result was startling: SpaceX could build a rocket for about 2% of the typical price. (Baer,

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