The Luck Factor?

“It’s an overnight success.”

“He’s done it again with his billion dollars ventures.”

“One in a million success story right in our city.”

We have heard it all. There are those ‘elite’ business people who just keep getting it right. These are the people that fill the headlines of business magazines. They are the ones everyone else listens to. People want to learn the ‘secrets’.

If only such secrets exist.

In reality every (well, unless it’s inherited) successful business people work hard during their business life. Not only that but most of them have no idea if their ventures would succeed or not. They just keep doing it, keep improving it, and keep innovating.

Then one day, they got it. They became an overnight success.

How does that happen?

I would like to present: “The Luck Factor”

It does have a lot to do with luck but more to do with preparation, speed, and hard work.

See, opportunities are everywhere. There is never a lack of opportunity around us. The only problem is not everyone can grab the opportunity and makes something out of it.

When someone see an opportunity, grab it, do it better and faster than his competitor, he is ‘in luck’, or is he?

He/she has:

  1. Ability to see the opportunity. While opportunity is everywhere, not everyone is able to see it. Most people just focus on what they want to see. Some people argue it is because we are supposed to focus on market niche. It is true that we are to focus on market niche – in our effort to market ourselves. However, that doesn’t mean we close our eyes on everything else. Remember, market niche moves around. They don’t stay still. Focusing on market niche requires speed and flexibility because they don’t stay still.
  2. Ability to do it better and faster. Now that opportunity is discovered, I bet you there are other people out there who see the same thing. So, it is now speed and quality. Can you turn this from discovered opportunity into real business opportunity? Faster and better – that’s the game now, and it is not an easy game.

So, when someone is ‘in luck’ – he/she needs to work hard to turn that luck into something tangible, something real.

Or like a wise man said:

“I find that the harder I work, the more luck I seem to have” –Thomas Jefferson

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