High agency is a critical personality trait characterized by four key elements: locus of control, intentionalism, resourcefulness, and high bias fraction. Individuals with high agency exhibit a belief in their ability to influence outcomes (locus of control), have a clear direction for their aspirations (intentionalism), demonstrate the capability to achieve desired results (resourcefulness), and maintain a proactive approach by taking action before fully comprehending all details (high bias fraction). This trait is often more significant than intelligence, charisma, or technical skills, as evidenced by its importance in successful founders. In contrast, those lacking high agency might be described as hapless, indicating a tendency for life to happen to them rather than taking charge. Ultimately, high agency is an inherent attribute, not easily altered, similar to timing in life choices like entrepreneurship.

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