4.9 • 1.8K Ratings
🗓️ 7 March 2025
⏱️ 4 minutes
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A crisis can either be a catastrophe—or an opportunity. Elon Musk saw his moment and placed a $50 million all-or-nothing bet. The question is: where is your big bet waiting to be made? Darren Hardy reveals the bold move that changed an entire industry. Learn how you can do the same in this amazing episode!
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0:00.0 | Welcome to Darren Daly on demand, your most trusted resource to help you become better every day. |
0:07.3 | Here's your success mentor, Darren Hardy. |
0:13.0 | In September 2016, South Australia experienced an apocalyptic storm involving 80,000 lightning strikes and at least two tornadoes, knocking down dozens of electricity pylons, causing cascading failures throughout the regional electricity grid and casting virtually the entire state of 1.7 million residents into darkness. |
0:35.6 | Australian Prime Minister Malcolm Turnbull tried to blame the state's recent turn towards renewable energy. |
0:41.3 | So a fierce debate soon emerged over how to manage the grid. |
0:46.3 | That is when Elon Musk, the Iron Man himself, saw his opportunity to be a white knight and make an audacious bet, |
0:53.3 | saying loudly on Twitter |
0:55.3 | that he could deliver 100 megawatts of storage in 100 days, or it would be free. |
1:02.1 | Australian billionaire Mike Cannon Brooks took to Twitter to ask if Elon was serious. |
1:08.8 | Musk replied, Tesla will get the system installed and working 100 days from |
1:13.9 | contract signature or it's free. That sounds serious enough for you? Soon after, the South Australian |
1:20.6 | government unveiled a $550 million energy plan meant to respond to the crisis and stabilize the grid going |
1:28.3 | forward. |
1:29.3 | Elon Musk made an all-or-nothing $50 million bet that Tesla could bring the world's biggest battery |
1:36.3 | in in a hundred days. |
1:38.8 | The contract was signed on September 29th, kicking off the 100-day all-or-nothing deadline, |
1:45.8 | must stepped up to the challenge and delivered on his big bet. |
1:50.2 | He won with 40 days to spare. |
1:53.4 | He later admitted that the cost of losing that bet would have been around $50 million. |
1:59.3 | Think about it. |
1:59.9 | There are opportunities abounding for you |
2:03.5 | to step up and step in as a white knight to save the day. So what big bets can you make in that effort? |
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