Long before reaching billionaire status, Elon Musk challenged himself to live off $1 a day for a month.He was a teenager wondering whether or not he had what it takes to be an entrepreneur and figured he could get a good idea of the answer after completing (or failing) this $1-a-day experiment.As he explained to astrophysicist Neil deGrasse Tyson in an episode of Tyson's StarTalk Radio podcast, "So I was like, 'Oh, okay. If I can live for a dollar a dayat least from a food cost standpointit's pretty easy to earn $30 dollars in a month, so I'll probably be ok."He passed his own test, living mainly off hot dogs and oranges for 30 days.Roughly a decade later, he became a self-made millionaire at age 27and today, the 44-year-old SpaceX and Tesla CEO has an estimated net worth of $10.5 billion.For the month of January, I decided to put Musk's "training diet" to the test to see how much it really toughens you up, and on a broader scale, to see if I could make it as a bootstrapping entrepreneur.I increased the amount I could spend to $2 a day to account for inflation, and I found out that the challenge was more than possible with strategic bulk shopping, a commitment to eating the same foods day in and day out(pasta and bananas were some of my staples), and a healthy dose of will power and self control.It showed me that I don't need as much money as I may have thought to surviveand if I ever want to pursue an entrepreneurial or otherwise cash-strapped path, it gave me the confidence that I could probably make it work with a friend's couch to sleep on and a tight food budget.Perhaps more profound, I learned in a very real way that if you put your mind to itif you truly commit to doing somethingyou can do pretty much anything.Going into the challenge, I didn't have high expectations. I reasoned that it was probably impossible, but I would give it a shot, last a couple weeks, and write about failing. After doing the math and realizing just how far you can stretch $2, my perspective on the challenge changed drastically. While it certainly would not be a glamorous way to eat for a month, it was more than possible. In that moment, I committed to finishing out the month.Mentally committing was a huge turning point. Once I settled it in my mind that I was going to endure the 31 days, it wasn't a question of "Will I fail or succeed'"it was a question of "How exactly am I going to make this work'"I can't promise the challenge will lead to billionaire status or successful entrepreneurial endeavorsnor do I recommend this nutrient-starved lifestyle (and neither does Musk). But in my experience, it changed my perspective on what truly is possible.As Tyson said after Musk described completing his experiment: "Not to put words in your mouth, but that's a starting point to launch anywhere you want to go.""Yeah. Absolutely," Musk replied.SEE ALSO:I took the 'Elon Musk Challenge' and spent only $2 a day on food for a month ' and it was easier than I expectedJoin the conversation about this storyNOW WATCH: We tried the 'Elon Musk food challenge' and lived off $2 a day for a month
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