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Perseverance: The Secret Sauce to Building Personal Wealth

One of the most important components of billionaire intelligence is perseverance.  The ability to keep going and stick to it – especially when times are tough – is a cornerstone to many of the greatest accomplishment achieved by the self-made Super Rich (net worth of $500 million or more).

  • Failure is not optional – it’s given. Therefore, perseverance is essential to building wealth.
  • Perseverance stems largely from having self-efficacy – the ability to say “I can” in specific situations, and believe it.
  • Perseverance can be learned and strengthened over time through resources like mastermind groups, red teaming exercises, and working with consultants and peers.

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Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.