Post by Ajay Srinivasan
Founding CEO of Prudential ICICI AMC (now ICICI Prudential AMC), Prudential Fund Management Asia (now Eastspring Investments) and Aditya Birla Capital; | Advisor | Mentor
The world will watch twenty-two players walk out for the World Cup final on Sunday. It rarely asks what each of them had to walk through to get there. Nico Williams was born eight years after his parents completed their walk across the Sahara. Felix and Maria left Ghana hoping traffickers would take them to the UK; instead, they were abandoned in the desert. Arrested at the border, they claimed asylum and eventually settled in Pamplona. Felix later spent years working the turnstiles at Chelsea’s Stamford Bridge in London to support them from afar, and Nico grew up to play on the left wing for the country his parents had reached on foot. Lamine Yamal's full name honours two strangers who helped his parents pay their rent. His mother was 16 when she had him. His father, Mounir, a building painter who emigrated from Larache in Morocco as a boy, walked him to training in Rocafonda, the Mataró neighbourhood whose postcode Yamal still signs with his fingers after every goal. Lionel Messi's obstacle was his own body. At eleven, a growth hormone deficiency threatened to end his career before it began. His family in Rosario could not afford the treatment until Barcelona flew him over and covered the cost. At 39, in what he has all but confirmed is his last World Cup, the boy who might have stopped growing captains Argentina, seeking to become only the second player after Cafu to play in three finals. Julián Álvarez grew up in Calchín, a Córdoba town of 3,500 people, the son of a truck driver and a kindergarten teacher, getting around by bicycle in a place with no professional pathway. Coaches debated whether he had missed his window, too old to be worth the gamble. Rodrigo De Paul, the youngest of three brothers, was raised in Sarandí, a working-class, tannery-scarred suburb of Buenos Aires. His parents separated when he was young, and his mother and grandfather effectively raised him. De Paul has since funded youth academies in Sarandí for children in the same circumstances he grew up in. The pattern in all these cases is what economists call a low base rate of expected success, met with a refusal to accept that base rate as destiny. The individuals who compound over decades are rarely the ones with the cleanest starting conditions. They are the ones who treat adversity as a variable to be managed rather than a constant to be obeyed. None of these five lacked ability, which is assumed at this level. What separated them was how they used a starting position that offered no statistical basis for confidence. Difficult starting points are common. What separates those who transcend them is simple to state but hard to practise: keep playing anyway, and don’t let the beginning write the ending.