What separates one investor from another?

[Sharad M.]

Hello all,

So I have been attending a local REIA in my area for last few months and I have seen couple of people who attend every meeting but haven't done any deal. I read some where on this forum that 90% of the real estate "investors" never actually do any transaction.

What do you guys think separates 90% majority from 10% of those who actually get things done. Is it motivation? Laziness on the part of 90%? I don't think it's intelligence, because I have seen some really smart people who fall in the 90% category.