Sources of Advantages
The key factors that create competitive advantage: talent, hard work, curiosity, energy, temperament, and partner.
Also known as: Competitive Advantages, Success Factors
Category: Frameworks
Tags: successes, personal-development, advantages, strategies, self-awareness
Explanation
Shane Parrish identified six key sources of advantage that contribute to success. Understanding these helps you identify where to invest your development efforts and recognize your existing strengths.
**1. Talent**
Natural abilities and aptitudes you were born with or developed early. These are your innate advantages.
**2. Hard Work**
The willingness to put in sustained effort over time. This is often the great equalizer - hard work can compensate for lesser talent.
**3. Curiosity**
The drive to learn, explore, and understand. Curious people continuously expand their capabilities and spot opportunities others miss.
**4. Energy**
Physical and mental vitality. High energy enables more output, faster learning, and greater persistence.
**5. Temperament**
Keeping your head when everyone is losing theirs. Emotional stability and composure under pressure create advantages in crisis situations.
**6. Partner**
Who you choose to work and live with. The right partner multiplies your capabilities; the wrong one diminishes them.
**Using this framework:**
- Audit which sources are your current strengths
- Identify which sources need development
- Recognize that you don't need all six to succeed
- Remember that different endeavors weight these differently
Advantage compounds: strength in one area often enables development in others.
Related Concepts
← Back to all concepts