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What is the one quality all successful people have in common?

If you’re looking to go back to business school, my guess is that you’re interested in being successful. Certainly the word success means different things to different people. For some people it’s all about making a certain amount of money. For others it’s about achieving a certain status in society, perhaps being elected to public office, or even just proving the naysayers wrong.

I remember in high school I was voted “Most Likely to Succeed” by my peers, and so it’s a concept I’ve thought a lot about. I remember when I made the decision to go back to business school, part of me did so because I thought it would be a vehicle to move me more quickly up the corporate ladder and toward that esoteric concept of “success.”

While in business school I took a hard right turn toward entrepreneurship. You see, for me, I’ve come to realize that success has a lot more to do with having time freedom and choice — that is, having the time and money to pursue things that have the ability to make a positive and lasting difference in the world. I’ve been a full-time entrepreneur for 8+ years now and I’ve launched a number of successful businesses, and I’ve certainly seen some people succeed and others fail in launching businesses very similar to my own.

What’s the difference? Is there a secret? I’m still not sure there’s a magic bullet to creating success, but I do agree with the premise of one of my favorite business and personal development coaches, Brian Tracy, which is outlined in this short video. Whatever success means to you — on the GMAT, in business school, and beyond — I hope the content of this video moves you further along your path!