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Tenacity vs Intellect: What Makes an Entrepreneur?

via ForaTV

As I read  and watch videos about successful entrepreneurs, this same question pops up in my head. Was the cause of this persons success due more to to this person being an egghead, or them being passionate and driven? Leonard Brody eloquently answers this question by intelligence is a commodity- you hire smart people- but passion is the driving force. When I look at the Forbes Richest people list many of them were college drop outs and some never finished high school. I have no doubt this these people aren’t all intelligent, their success was due more to the fact that they had a passion  to succeed or fear of failure.

There’s a good article on Street Capitalist which underscores this point. The author writes about Warren Buffet talking about Rose Blumkin who had a grade school education but was able to turn her investment of $500 into the biggest furniture store in North America.

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1 Comment»

  trygoogleme wrote @

Great video and subject. I believe in hiring/engaging smart people. But can you really start a project and make it profitable anyhow – just with tenacity, or are you also dependent on some being there at he right time as well.


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