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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