This document discusses the importance of perseverance and courage for achieving success. It defines perseverance as "staying in power" and "finishing", and argues that talent provides hope for accomplishment but perseverance guarantees it. It identifies common enemies of perseverance like making excuses. The document also discusses how courage tests our talent, such as when our convictions are challenged or when we must face our weaknesses. It provides examples of qualities of courageous leadership like having convictions stronger than fears.