Today on the Entrepreneur Stories by Work Theater, we cover Nikola Tesla. His journey is one of a kind and will awaken the hidden genius in you.
Born on July 10, 1856, in Smiljan, Austrian Empire (modern-day Croatia), Nikola Tesla was an inventor, electrical engineer, mechanical engineer, and futurist. He was the son of an Orthodox priest and displayed exceptional intelligence from an early age. Tesla attended the Austrian Polytechnic in Graz and later studied at the Charles-Ferdinand University in Prague, where he delved into electrical engineering.
Nikola Tesla faced numerous struggles and setbacks in his career, including a lack of funding and understanding for his innovative ideas. He moved to the United States in 1884 and began working for Thomas Edison, but the two men had conflicting views on electrical systems, leading Tesla to leave Edison’s employ. Despite these challenges, Tesla continued to work on his own projects and eventually secured funding from George Westinghouse, an American entrepreneur and inventor, who supported Tesla’s alternating current (AC) electrical system.
Tesla’s Rise to Prominence
Tesla’s rise to prominence began with his invention of the AC induction motor and transformer, which allowed for more efficient transmission of electricity over long distances. His inventions and contributions to the field of electrical engineering earned him a place in the history books and led to the widespread adoption of the AC electrical system. Tesla’s other notable inventions include the Tesla Coil, wireless transmission of electricity, and early contributions to the development of radar technology and X-ray machines.
Legacy of Tesla
Tesla’s legacy is one of unyielding innovation and forward-thinking. Despite facing financial difficulties and skepticism from his contemporaries, Tesla’s perseverance and commitment to his vision have left a lasting impact on modern society. His inventions have shaped the course of history and laid the groundwork for many of the technological advancements we enjoy today. Even after his death in 1943, Tesla’s work continues to inspire scientists, engineers, and entrepreneurs worldwide.
Business Philosophy and Key Learnings
Nikola Tesla’s business philosophy was centered around innovation, creativity, and a relentless pursuit of knowledge. Here are 27 key learnings from his business philosophy:
Believe in your vision: “The present is theirs; the future, for which I have really worked, is mine.”
The importance of imagination: “Imagination is more important than knowledge.”
Embrace failure: “I have not failed. I’ve just found 10,000 ways that won’t work.”
Work relentlessly: “I do not think there is any thrill that can go through the human heart like that felt by the inventor.”
Prioritize problem-solving: “The scientific man does not aim at an immediate result.”
Focus on the long-term: “It is not a dream, it is a simple feat of scientific electrical engineering…”
Collaboration: “Great moments are born great opportunity.”
Embrace curiosity: “I don’t care that they stole my idea. I care that they don’t have any of their own.”
Persistence: “My method is different. I do not rush into actual work.”
Boldness in experimentation: “One must be sane to think clearly, but one can think deeply and be quite insane.”
Adaptability: “Life is and will ever remain an equation incapable of solution.”
Thirst for knowledge: “The day science begins to study non-physical phenomena, it will make more progress in one decade than in all the previous centuries of its existence.”
Visionary thinking: “What one man calls God, another calls the laws of physics.”
Intellectual humility: “Of all things, I liked books best.”
The power of persistence: “I could only achieve success in my life through self-discipline, and I applied it until my wish and my will became one.”
Pursue innovation relentlessly: “Invention is the most important product of man’s creative brain.”
Respect for nature: “Our virtues and our failings are inseparable, like force and matter.”
Selflessness: “The desire that guides me in all I do is the desire to harness the forces of nature to the service of mankind.”
Challenge conventional thinking: “The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane.”
Embrace intuition: “Instinct is something which transcends knowledge.”
Maintain a global perspective: “Peace can only come as a natural consequence of universal enlightenment and merging of races.”
Learn from your environment: “Every living being is an engine geared to the wheelwork of the universe.”
Focus on the essential: “It is paradoxical, yet true, to say that the more we know, the more ignorant we become in the absolute sense.”
Seek simplicity: “The secret of life is to simplify.”
Maintain a sense of wonder: “The wonders of yesterday are today common occurrences.”
Strive for continuous improvement: “We crave for new sensations but soon become indifferent to them.”
Nikola Tesla’s journey as a business magnate, inventor, and visionary serves as an inspiration to countless entrepreneurs and innovators. His unwavering dedication to his work, creativity, and pursuit of knowledge left an indelible mark on the world. As we reflect on Tesla’s life and legacy, we are reminded of the importance of believing in our vision, embracing curiosity, and pushing the boundaries of what’s possible. Stay tuned for the next entrepreneur story, and let Tesla’s journey inspire your own path to success.