Why Most Successful CEOs Have This Specific Trait

One personality trait that all CEOs have in common is our narcissism. And it's strange that we would think that being a narcissist is a good thing. But you need to be. And here's why. Narcissists believe that they're right. And you have to believe that you're right when you put out a project or you put out a goal, or you're driving towards a vision, because everyone is going to tell you that you're wrong. The banks are going to say no, your board is going to say no. Or be cautious. Your lawyers, your accountants, your customers. You're constantly bumping into obstacles along that path to something that you just know feels correct. I'll give you a strange example of this. But back in the summer of 2008, Wednesday night, two o' clock in the morning, I'm being pitched by this entrepreneur on this amazing business idea that he's got. And four of the five people listening to him told him that it was the stupidest idea that we'd ever heard.