In this motivational talk, Bryan Cressey shares four principles he believes drive entrepreneurial success, originally compiled for his daughters and now offered to a broader audience. He argues that successful entrepreneurs focus on their strengths rather than fixing weaknesses, aggressively prioritize the most important tasks, specialize deeply in a narrow field, and view mistakes as essential learning opportunities. Cressey illustrates each principle with personal anecdotes—such as delegating organization to leverage his idea‑generation talent, emphasizing the impact of completing a few critical priorities over many, highlighting a CEO who turned a failing acquisition into a thriving healthcare business, and recounting his own trial‑and‑error journey. The talk also establishes Cressey’s credibility as a co‑founder of multiple top private‑equity firms and concludes with a promotion for his book, "Be a Winner," which promises additional strategies for personal and professional fulfillment.
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I'm Bryan Cressey, and I'm going to share things I've learned that create success. I originally compiled these for my 3 daughters, and now I want to share them with everyone so that all will benefit from these lessons I've learned. When your life improves, our world improves, and I love that. How do great entrepreneurs succeed? I've worked with great entrepreneurs. Here's the 4 ways I've observed they create success.
Bryan Cressey, co-founder of 4 of the most successful private equity firms in the United States, is one of the country's greatest investors. He's an innovative builder of companies and leadership talent, and he wants to help you become financially successful Personally fulfilled and enthusiastic about life.
First, contrary to popular belief, entrepreneurs do not work to improve their weaknesses. They work on their strengths. They live their strengths. They enthusiastically implement their gifts and their talents. That's how they build great companies. An example, I'm not highly organized. My strengths are creating ideas and action. So I have someone else help with the organization while I create new ideas and I take action. That works great. Admit your weaknesses and find teammates who are good in your weak areas. Living your strengths. is where you improve the world. Second, entrepreneurs prioritize aggressively. They don't try to do everything. Entrepreneurs do that which is most important. They don't try to finish long lists of priorities. I've learned that success goes not to the person who works the longest hours, Instead, it goes to the person who gets their most important things done. Shockingly, although a person may have 10 priorities for a year, if that person completes only 3 of those, the 3 most important ones, they win big. I've experienced this many times with CEOs. CEOs that allocate time trying to accomplish the most number of priorities lose. Those that focus on completing their most important priorities are highly successful. Entrepreneurs' 3rd key is they specialize in something and become great at it. Even a narrow specialty is a big market in our world economy. Winners are those who focus and become great at something. The 4th way entrepreneurs succeed is surprisingly, they make lots of mistakes. My greatest education has come not from school, but from my mistakes. I make lots of mistakes. But I learned from them. Here's the secret. During school, to achieve top grades, one must make zero mistakes, right? After graduation, the world changes 180 degrees to the opposite. But nobody told us that, right? I'm sharing that important truth with you now. He or she who makes the most mistakes wins. Why? Because learning to succeed is a trial and error process. Think about all the famous entrepreneurs who have failed so many times and then succeeded big. If you learn from your mistakes, you actually want to make plenty of them because each mistake is a new teacher. After making enough, you've learned enough to become very successful. One of our CEOs made an acquisition that looked like a mistake. It was performing badly. Though he was age 65, he moved to that company, dove into the problems, made a lot of smart changes, and in 6 weeks living there, Got it working well. He said, quote, I made the mistake, so I felt responsible to our team to fix it. How would you guess he's done since then? He's grown so successfully that his healthcare company now helps 6 million patients per year. So there's the 4 key ways entrepreneurs achieve success. To learn more ways to supercharge your life with joy and success, explore my new book, Be a Winner, which contains hundreds of ways to build your life and your happiness. Thank you.
Bryan's book, Be a Winner, discusses how to become financially successful, personally fulfilled, and enthusiastic about life. Available at Amazon and all major booksellers.