This document discusses the assets and attributes of successful companies. It contrasts "wizards" and "executors", noting that both are needed for success. Key assets include having a great team with a clear purpose of creating "raving fans", a unique value proposition, capital, and the right location. Important attributes include humility, risk tolerance, privately creative thinking, health/fitness, continual learning, and unbridled passion. Diversity in leadership is also highlighted. Successful companies and their leaders embody both wizard-like and executor-like qualities.