Is luck a skill?
Luck is often seen as random and uncontrollable.
But luck can be more like a skill you can develop.
Dr. James Austin describes 4 kinds of luck.
Understanding each is helping me on my journey.
Blind Luck: Random Chance Events
The first type of luck is pure chance.
Finding a $20 bill on the sidewalk.
You didn’t do anything to cause this event.
We can’t control this kind of luck.
Recognizing it when it happens and making the most of it is essential.
Motion Luck: Luck from Taking Action
“Throw enough mud at the wall, some of it will stick.”
This type of luck comes from effort.
This means constantly networking, pitching ideas, and seeking new opportunities.
The more actions you take, the more likely you will encounter lucky breaks.
Hard work increases your chances of success.
Spotting Luck: Recognizing Opportunities
This is the luck of preparation and awareness.
It’s about developing the ability to see opportunities others might miss.
For example, identifying a market gap and creating a service to fill it.
This kind of luck often comes from experience and learning from mistakes.
It’s about being in the right place at the right time and knowing it.
Attracting Luck: Building a Unique Character & Skillset
The final type of luck is about becoming a magnet for good opportunities because of who you are.
This means building a strong reputation and demonstrating expertise.
When you are known for excellence and integrity, opportunities come to you.
Being known as a reliable and innovative leader will draw clients and projects.
Understanding these 4 types of luck is helping me navigate my personal and professional life.
Give without expecting something in return.
Network more.
Build my personal brand.
Grind, even when I don’t feel like it.
Look for opportunities.
Luck is what happens when preparation meets opportunity.
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Nearly 3 years ago, I embarked on an exciting entrepreneurial journey.
It was the late 90s.
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