Talent is an important component of success but it is not the only one.
Hard work is also extremely important — as is discipline and focus — but I would also put resilience up there among the most important predictors of success.
Many would-be business people, investors, and entrepreneurs dream of financial freedom and start the journey by reading all the right books, researching the market and lining up their financial ducks in a row. Then they hit a hurdle.
Cash flow tightens, business turns down or they miss out on a property. It all gets too hard and they give up.
Resilient types know how to take these setbacks in their stride.
Most often, this resilience has been built from a young age, where their parents taught them how to fail and pick themselves up again.
If you were a child who dealt well with failure you will most likely be an adult with the internal reserves to handle setbacks.
Hard work is also extremely important — as is discipline and focus — but I would also put resilience up there among the most important predictors of success.
Many would-be business people, investors, and entrepreneurs dream of financial freedom and start the journey by reading all the right books, researching the market and lining up their financial ducks in a row. Then they hit a hurdle.
Cash flow tightens, business turns down or they miss out on a property. It all gets too hard and they give up.
Resilient types know how to take these setbacks in their stride.
Most often, this resilience has been built from a young age, where their parents taught them how to fail and pick themselves up again.
If you were a child who dealt well with failure you will most likely be an adult with the internal reserves to handle setbacks.
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