The Neumann series criterion states that for a bounded linear operator on a Banach space implies
with convergence in the operator norm. In particular, suffices for invertibility of .
If , apply this criterion to . It gives
Thus no such belongs to the spectrum, and
For each integer , if , then is invertible by the same argument. The commuting factorization
then gives a bounded two-sided inverse for , namely the displayed sum multiplied by . Hence every satisfies . Taking the supremum over the spectrum and then the infimum over proves

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