One of the main goals of sport psychology is to identify those psychological factors that are relevant for sport performance as well as possibilities of their development. The aim of the study was to determine whether the set of specific psychological characteristics [generalized self-efficacy, time perspective, emotional intelligence (EI), general achievement motivation, and personality dimensions] makes the distinction between athletes based on their (non)-participation in the senior national team, that is, their belonging to the subsample of elite or non-elite athletes depending on this criterion. According to the group centroids it can be said that elite athletes are characterized by a positive high score in self-efficacy, emotionality, present fatalistic time perspective, past positive time perspective, and openness to experience. They are also characterized by low past negative time perspective, emotional competence, and future time perspective. Non-elite athletes have the opposite traits. The results have been discussed in the context of their application in the process of talent selection and development in sport as well as the development of life skills in athletes.