Investing in character
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Investing in character is highlighted as a crucial aspect in various contexts by multiple experts:
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Jacqueline Novogratz on the emphasizes that character is her number one investing criterion, particularly in challenging markets. She believes entrepreneurs need perseverance, grit, and the ability to build trust and take feedback to transform entire systems effectively. An example includes entrepreneurs who changed their nations' basic services ecosystems 1.
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Adam Grant on the asserts that character skills might be the most enjoyable and worthwhile long-term investment. He highlights an experiment in Africa where entrepreneurs learning character skills outperformed those learning cognitive skills financially 2.
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Charlie Songhurst discusses different investing styles on the , noting that success can come from understanding the character of entrepreneurs, focusing on business structure, or emulating successful peers, showing that different approaches to evaluating character can all lead to success 3.
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Rick Buhrman also on the talks about the importance of character in investment. He notes that the best teams are defined by judgment and character, emphasizing long-term trust and alignment of values 4.
These discussions collectively emphasize that investing in character—whether in individuals or teams—can be vital for successful, transformative outcomes in various domains.
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