drivers of success
Sources:
Key Drivers of Success
Rich Diviney highlights several attributes essential for success based on his experiences as a retired Navy SEAL and author:
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Grit Attributes:
- Courage: Overcoming fear to take action.
- Perseverance: Staying committed despite challenges.
- Adaptability: Adjusting to new situations and environments.
- Resiliency: Bouncing back from setbacks.
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Drive Attributes:
- Self-Efficacy: A belief in one's ability to achieve goals, combining confidence, initiative, and optimism.
- Discipline: Consistent effort and control in pursuing long-term objectives.
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Mental Acuity, Leadership, and Team Ability: Effective functioning within different roles and contexts, often grounded in personal and collective attributes that drive performance and achievement 1.
Geoff Lewis, a venture capitalist, emphasizes slightly different aspects in the context of winning deals and success in the venture capital market:
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Timing:
- Identifying and acting on opportunities at the right moment, especially when they are not yet on everyone’s radar.
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Diligence:
- Conducting thorough due diligence to validate decisions, even while trying to move quickly.
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Pricing Discipline:
- Maintaining discipline in valuation and pricing to ensure sustainable investment strategies 2.
These insights suggest that success is multi-faceted, involving a combination of personal attributes like grit and self-efficacy, strategic actions like timing and diligence, and contextual awareness depending on the field of endeavor.
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