Elon Musk, a tech mogul, has counseled Indian business owners to create practical goods and services. Musk expressed his admiration for those "who want to build" in a podcast with entrepreneur and investor Nikhil Kamath.
"Anyone who aspires to build has my utmost admiration. In the interview, the founder of Tesla stated, "I think anyone who wants to make more than they take has my respect."
Additionally, he suggested that instead of focusing on making money, businesses should focus on creating their product.
"You don't pursue it if you want to produce something profitable. The greatest course of action is to genuinely pursue offering beneficial goods and services.Additionally, he said that one should "expect to grind super hard" if they are attempting to make a business successful.
"Accept that there's some meaningful chance of failure, but just be focused on having the output be worth more than the input," Musk said.
Musk also talked about the US's H-1B visa program and recent changes to the nation's immigration laws.
He claimed that talented Indians who immigrated to the United States greatly benefited the country.
"I believe that the talented Indians who have immigrated to America have greatly helped the country. Yes, India's talent has greatly benefited America.
Musk acknowledged that the H-1B Program has been abused, but he also emphasized that he does not support its complete termination.