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Nine sources of advantage


Raw talent/intelligence - Some people are just naturally better and smarter.

  1. Hard work - Some people work harder.

  2. Differentiation - Seeing the world differently. Doing something different. Reading different books. Interpreting the same information differently.

  3. Process / Discipline - Creating a process and following it. Working out every day is a great example.

  4. Talent Collector - The ability to hire the best people and get the most out of them.

  5. Patience - A lack of patience changes the outcome.

  6. Ability to take pain - Are you willing to look like an idiot to get better? How much risk are you willing to take, AND, importantly, can you handle the losses?

  7. Temperament - Keeping your head when everyone else is losing theirs.

  8. Luck

Source : https://fs.blog/brain-food/august-20-2023/

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