Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
Tom Brady shares what he tells every college athlete he meets and it's not what they expect.
"I hope this experience is hard for you. I hope it's not easy."
"I hope today in this game you're losing in the 4th quarter and you look at each other in the eye and try to figure out solutions to how you're gonna win the game."
"That's how you're gonna find out what you're made of."
You find out who you are when you are challenged. Expect adversity. Expect tough moments.
"Life is hard. The challenges of life are hard."
"This program is hard. It's built on toughness. It's built on resilience. And that's what I wanna see from this team."
You can't wish for easy or hope for easy.
Adversity is a gift if you let it be.
(🎥 Fox)
Mitch Johnson shares the biggest lesson he learned from Gregg Popovich.
"How important people and relationships are."
"He understands people and relationships and the significance of every moment and every touch point with every person."
The best leaders and coaches invest in people.
Then he explained what investing in people really looks like:
"That can be having to yell and hold someone accountable. And that can be to put your arm around someone's shoulder and love 'em."
The best leaders combine high standards with high support.
"He did it better than anybody, I think, that's ever walked the sidelines."
"I will attempt to do it my way in whatever that looks like moving forward."
Great leadership isn't one style. It's knowing your people well enough to give them what they need.
Invest in the relationships. Care about people, hold them to their potential, and lead in your style.
(🎥 KENS5 - San Antonio)
John Beilein walked so Dusty May could run.
9 years before Beilein: UofM was 145-135 with 0 tourney appearances
Then came Beilein in 2007:
• 278-150 (most wins at MI)
• 9 NCAA app
• 5 Sweet 16
• 2 Final Fours
• 4 B1G titles
Tonight isn’t possible without John Beilein.
DUSTY MAY WINS IT ALL IN ONLY HIS SECOND YEAR AS MICHIGAN’S HEAD COACH 😤
He’s just the fifth coach in NCAA history to become a champion in his first two seasons at a school 👏
For the Fab 5. For Trey Burke. For John Beilein. For the Big 10. For Sweet 16 Tommy. For Willy and GBR. For Titus who doesn’t have a basketball program. For the Michigan Man way. For Jolin. For winning with class. For the Mud Bowl. For the Team The Team The Team . For Connor Stallions. For the Block M. For proving those who stay will become champions! For Dusty May. For proving you can have elite academics and athletics. For all the Walmart Wolverines. For every kid that dreamed of going to Michigan but didn’t get in and went to MSU. For greatness. For immortality. For all the Wolverines across the globe. Let’s go get this title for us! #Goblue 🇺🇸
Not saying that Michigan isn’t loaded, and not saying they didn’t spend a fortune on their roster, but it’s amazing that they are THIS dominant with
• A transfer from UAB
• A transfer who UNC fans DID NOT want back who “couldn’t shoot”
• A Non Starter at UCLA
• A Non Starter at Illinois
• 2 Players that played on Michigan’s 8-24 Team
• A guard who shot sub 30% from 3 the last two seasons in the Big 10
• A Freshman
This has been a masterful job by Dusty May and company putting this group together bringing it to life
@SkinsHoops86 Completely agree. I learned so much working for John Beilein at Michigan. That carried on to the Marine Corps, McKinsey, startups, coaching college and HS basketball, family life, ect. Go Blue!