The speaker claims to have a better plan for PayPal than the current one, which he wrote in July 2000. He believes that he can execute this plan, which he thought was impossible but would make PayPal the most valuable national institution in the world. He says that no one has yet executed this plan and that he intends to do so with some improvements. He believes that executing this plan will make Twitter extremely valuable.
Creating a Better PayPal
Many entrepreneurs dream of creating a product that becomes a national institution, and Elon Musk is no exception. In a recent YouTube video, Musk shared that he wrote a product plan in July of 2000, in which he laid out a strategy to make a more valuable version of PayPal.
According to Musk, there are many other people who want to create a better PayPal, but none have succeeded. He still has the plan he wrote 22 years ago, and he plans to execute it with some improvements to create the most valuable national institution in the world.
Musk believes that his experience with x.com, a financial services company he founded in 1999, will help him achieve his goal. The game plan he wrote for x.com will serve as the blueprint for his new venture. Musk’s plan for creating a better PayPal involves making it faster, more secure, and more user-friendly than its competitors.
Musk’s confidence in his ability to create a better PayPal is evident in his statement that he believes Twitter will ultimately be extremely valuable because he plans to execute his x.com plan from 22 years ago.
Despite the challenges that come with creating a new financial institution in a highly regulated and competitive industry, Musk is determined to make his dream a reality. Only time will tell if his vision will become the most valuable national institution in the world, but with his track record as a successful entrepreneur, it’s hard to bet against him.