By all accounts Henry Kravis is a jolly decent chap, with a likeable disposition and good sense of humour.
He does, however, suffer from a phobia which has severely impacted his life. Henry suffers from quitophobia: he has an intense fear of quitting.
Henry says his phobia lies at the root of his success in business.
Henry Kravis is co-founder of private equity firm Kohlberg Kravis Roberts, has a personal fortune of $5.4billion, and has given away over $250million to good causes.
Kravis says that his quitophobia has helped him persist through the
that he has faced over the years.
It turns out that Churchill’s, “Never, never, never give up,” was more than just a platitude.
Extensive research by Professor Angela Lee Duckworth shows that more than IQ, talent or any other factor, the No. 1 predictor of a person’s success is their unbreakable commitment to a long-term goal, or as she says, their grit.
In short, no grit in life = no pearl in life.
That’s why having a backbone is far more important than a wishbone.
I’ll leave the last word on the subject to General Douglas MacArthur who said, “Age may wrinkle the body, but quitting wrinkles the soul.”
Live big & love deep.