TMS #109: Why Grit, Not Talent, is the Key to Millionaire Success

Insights from Grit: The Power of Passion and Perseverance

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Read time: 5 minutes

Hey there, MindLeaders!

If you're reading this, you're probably on the journey to becoming a millionaire.

Or maybe you’re dreaming about it.

Either way, I want to share something today that could be the game-changer you've been looking for.

We live in a world that celebrates talent.

You see it everywhere... on social media, in movies, in the stories we tell our kids.

Talent is often painted as the golden ticket to success. 

But here’s the thing, and I want you to really absorb this - talent isn’t what makes millionaires.

Grit is.

Yep, you heard me right.

Grit.

In today’s post, I’m diving into what grit really is and why it’s more important than talent when it comes to building a successful, wealthy life.

We’re going to unpack some insights from Angela Duckworth’s brilliant book, Grit: The Power of Passion and Perseverance.

So, grab a coffee, sit back, and let’s get into it.

1. What is Grit?

Let’s start by getting clear on what grit actually means.

Grit, according to Angela Duckworth, is a combination of passion and perseverance.

It’s that unshakeable drive to keep going, no matter what.

It’s the fire in your belly that keeps burning even when the odds are stacked against you.

Grit isn’t about running a sprint. It’s about running a marathon.

It’s about showing up every single day, putting in the work, and staying focused on your long-term goals.

Now, let me ask you this: Have you ever noticed how some people seem to just “have it”?

They’re not necessarily the smartest in the room, but they’re always the ones who come out on top.

That’s grit in action.

2. Why Talent is Overrated

Okay, so why isn’t talent enough?

Let’s be real.

Talent is great.

It can give you a head start.

But here’s the thing: talent can only take you so far.

Think of it like this:

Talent is like having a fancy car.

It looks impressive, sure.

But without fuel (that’s grit), you’re not going anywhere.

Take a moment and think about the most successful entrepreneurs you know.

Are they the ones who were naturally gifted?

Or are they the ones who hustled day in and day out?

More often than not, it’s the latter.

Talent might get your foot in the door.

But grit is what keeps you in the room.

3. The Power of Perseverance

Let’s talk about perseverance.

This is the part of grit that’s all about sticking with something, even when it gets tough.

And trust me, it will get tough.

Imagine you’re climbing a mountain.

The higher you go, the harder it gets.

The air gets thinner, the path gets steeper, and every step feels like a struggle.

Perseverance is what keeps you going when every part of you wants to turn back.

In the world of entrepreneurship, perseverance is everything.

You will face setbacks.

You will have days where nothing seems to go right.

But those are the moments that separate the successful from the rest.

Those are the moments where your grit gets tested.

And guess what?

If you’ve got grit, you’ll push through.

You’ll find a way to keep going, even when it seems impossible.

4. Passion Fuels Perseverance

Now, let’s talk about passion.

This is the other half of grit, and it’s just as important as perseverance.

Passion is what gives you the energy to keep going.

It’s what makes the long hours and the hard work worth it.

When you’re passionate about what you’re doing, it doesn’t feel like work.

It feels like purpose.

Take Steve Jobs, for example.

He wasn’t just building computers.

He was on a mission to change the world.

That passion drove him to keep pushing boundaries, even when things got tough.

And look where it got him.

When you’re passionate about your goals, perseverance becomes easier.

It’s like having a compass that always points you in the right direction.

You might not always know the exact path, but you know where you’re headed.

5. Grit in Action: Real-Life Examples

Let’s bring this concept to life with some real-world examples.

These are stories of people who weren’t necessarily the most talented, but their grit propelled them to incredible success.

  1. J.K. Rowling

    Before Harry Potter became a global phenomenon, J.K. Rowling was a struggling writer.

    She was rejected by 12 different publishers before one finally took a chance on her.

    Imagine if she had given up after the first rejection.

    Or the fifth.

    Or the tenth.

    But she didn’t.

    She kept going because she believed in her story.

    That’s grit.

  2. Elon Musk

    Elon Musk is another example of grit in action.

    He’s faced countless challenges - from almost losing both Tesla and SpaceX to dealing with public criticism.

    But Musk kept pushing forward.

    He believed in his vision and was willing to do whatever it took to make it a reality.

    Talent didn’t get him there.

    Grit did.

  3. Sara Blakely

    Sara Blakely, the founder of Spanx, is another incredible example.

    She wasn’t a fashion expert.

    In fact, she was selling fax machines when she came up with the idea for Spanx.

    But she had grit.

    She believed in her idea and didn’t stop until she turned it into a billion-dollar business.

    These are just a few examples, but they all share a common thread.

    Grit, not talent, was the key to their success.

6. Building Your Grit

So, how do you build grit?

Is it something you’re born with, or can you develop it?

Good news—you can absolutely develop grit.

Here are some actionable tips to help you build your grit muscle:

1. Set Long-Term Goals 

Grit requires a clear vision.

Start by setting long-term goals that truly matter to you.

Write them down.

Make them a part of your daily routine.

2. Embrace Challenges 

Don’t shy away from challenges.

They’re opportunities to build grit.

When something feels difficult, remind yourself that this is where growth happens.

3. Stay Consistent 

Consistency is key.

Show up every day, even when you don’t feel like it.

Over time, those small, consistent actions will compound into big results.

4. Learn from Failure 

Failure isn’t the end.

It’s a stepping stone.

Learn from your failures and use them to fuel your next attempt.

Remember, grit is about getting up every time you fall.

5. Find Your Passion 

Passion is the fuel that keeps you going.

If you haven’t found what you’re passionate about, keep exploring.

Once you find it, hold onto it tightly and let it guide you.

7. The Millionaire Mindset and Grit

Let’s tie this back to the millionaire mindset.

If you want to be successful, you need to think like a millionaire.

And guess what?

Millionaires aren’t just talented.

They’re gritty.

They understand that success doesn’t happen overnight.

It takes years of hard work, persistence, and yes, a lot of grit.

When you adopt the mindset that grit is more important than talent, you start to see challenges differently.

They’re no longer roadblocks.

They’re opportunities to build your resilience and get closer to your goals.

So, if you’re serious about building wealth and creating a life of success, start focusing on your grit.

8. Final Thoughts

Here’s what I want you to take away from today’s post:

Talent is great, but it’s not the be-all and end-all.

Grit is what truly sets successful people apart.

It’s what keeps you going when things get tough.

It’s what helps you push through failure and stay focused on your long-term goals.

So, the next time you face a challenge, don’t get discouraged.

Instead, ask yourself, “How can I use this to build my grit?”

Remember, it’s not about how fast you run the race.

It’s about how long you’re willing to keep going.

That’s the true secret to millionaire success.

Until next time, keep pushing forward, stay gritty, and level up your life and business.

Good luck out there, MindLeaders!

Keep Evolving,

Chris Founder - Mindtutorial
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TL;DR

Why Grit, Not Talent, is the Key to Millionaire Success

  1. Set clear long-term goals.

  2. Embrace and tackle challenges.

  3. Stay consistent every single day.

  4. Learn and grow from failure.

  5. Discover and fuel your passion.

  6. Develop a resilient mindset.

  7. Prioritize grit over talent.

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