#1 Trait in Successful Founders

Summary

• We've taken businesses from single mom-and-pop shops to over 50 locations, led by adaptable and resilient people.
• Focus on being adaptable and resilient; be willing to become what you need to be to grow the business.
• When faced with a deficit in yourself, don't get sad or dwell on it. Instead, ask, "How do I fix it?" and take responsibility.
• Remember that being successful often means being willing to do what's required, no matter the circumstances.

Video

How To Take Action

I would suggest implementing strategies that focus on adaptability and resilience. For example, when you face a problem, don’t get upset or linger on it. Instead, ask, "How can I fix it?" Taking responsibility is key to personal and business growth.

A good way to be more adaptable is to always be willing to learn. Read books, watch videos, and listen to podcasts that can help you become what your business needs. Knowledge is often free or very cheap and can provide high value.

Another low-cost, high-value strategy is to surround yourself with people who have a growth mindset. Join local business groups or online communities where you can trade ideas and get support from like-minded individuals.

Create a simple daily routine to check on your main goals. This helps keep you focused on doing what’s necessary, no matter the circumstances. Even small, consistent actions can lead to big results over time.

Lastly, practice resilience by setting small, achievable goals. When you meet these goals, celebrate your success but also analyze what you learned. If you face setbacks, see them as lessons rather than failures.

By focusing on these steps—taking responsibility, constantly learning, connecting with growth-minded people, maintaining a goal-focused routine, and building resilience through small wins—you can steadily grow both personally and professionally.

Full Transcript

we've taken businesses that were single mom and pop shop and blown them up into more than 50 locations the person that was leading the business was so adaptable and so resilient that he was able to become or she was able to become whoever they were whatever they need to be to grow the business and I think what I lost sight of when we first started investing was like why have I been successful and I think what I've really always pined on is like I'm willing to do what's required and if I realize there's a deficit in myself I don't get sad I don't dwell in it I just say how do I fix it it's my resp responsibility no matter how it happened