What does it take to be successful? Is it all about burning the midnight oil until you get where you want to be, or is some measure of good fortune involved?

In this year’s edition of MaltaCEOs 2021, we asked 50 of Malta’s top business minds what they thought about the recipe for success, and the age-old question: is it built on hard work or dumb luck?

Well, here’s a spoiler: it’s often a bit of both.

The majority of business leaders point to the importance of hard work – with 51 per cent affirming that success simply wouldn’t be possible without putting the work in. “The only place where success comes before work is in the dictionary,” as MAPFRE MSV Life CEO David Curmi eloquently puts it.

Referencing self-made business leaders, Jimmy Cutajar, CEO at Global Freight Solutions goes a step further, maintaining that he doesn’t believe in luck. “Jeff Besos, Elon Musk and Richard Branson all started from nothing. You make your own luck.”

Indeed, EBO CEO Gege Gatt describes “discipline, hard work and continuous focus” as the principal pillars of success, but while we certainly won’t argue with that, many CEOs also note that sometimes, being at the right place at the right time can come into play.

Without downplaying the importance of working hard, 47 per cent of the CEOs we interviewed admitted to both hard work and luck playing a part in being successful, noting that, as MAPFRE Middlesea CEO Felipe Navarro puts it, “nothing happens without a little bit of luck.”

But, while that may be true, the overarching belief is that we are the masters of our own destiny, or, as Evolve CEO Christopher Busuttil Delbridge maintains, “the harder you work, the luckier you become!”

‘No one has a monopoly on ideas’ – Trust Stamp CEO, Gareth Genner

2 June 2021
by MaltaCEOs

With an extensive background in entrepreneurship and tech, Gareth Genner combined his passions to launch start-up company, Trust Stamp.

‘Our ethos is quality’ – Reuben Lautier, Director of Natural Stone Workshop

30 May 2021
by MaltaCEOs

Reuben has been running the business, set up by his father in 1984, for almost 20 years.

‘I relish the opportunity to inspire young people to learn, and to learn from them’ – Miriam Teuma

25 May 2021
by MaltaCEOs

Agenzija Żghażagh provides young people with the time and space to make friends, learn new things and develop their talents.

‘People don’t work for a company, they work for a leader’ – Gege Gatt

23 May 2021
by MaltaCEOs

The CEO of EBO, an artificial intelligence firm established to connect businesses with their customers through AI-based conversation automation, shares ...

Close Bitnami banner