Grit: A Key Determinant of Your Company’s Success
By Brett Hickey, Founder & CEO, Star Mountain Capital
Finance is an inherently quantitative discipline, at least from the perspective of a portfolio manager, chief investment officer and investment team. Successful investors tend to be organized thinkers, oriented towards data-driven decision making. That’s not to say those with a penchant for management, sales or communications cannot become successful investment professionals, but ultimately, financial performance is measured in numerical results.
In my experience building Star Mountain Capital and Star Mountain Charitable Foundation over the past seven years, as well my observations from being on the boards of the Young Presidents’ Organization (YPO), Harvard Entrepreneurs’ Alumni Association NY and the Small Business Investor Alliance (SBIA), I have observed a common characteristic among highly effective executives across roles and industries. It defies quantitative assessment, and I am convinced it is critical to long-term, consistent success: Grit.
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