Luck – How Important Is It?

How important is luck in achieving success? This is a common question. People often say that someone achieved success because they were lucky. How true is that? What role does luck really play?

This is a very difficult question to answer because we cannot know what would have happened in a given situation if the element of luck were not present. Here is what we do know about luck or good fortune:

People are born to wealth or are born with tremendous talents every day. Some of those people exploit that wealth or talent and accomplish great things. However it is also true that many people squander inherited wealth and fail to use their talent and even fail at life in general. Other people seem to have little luck; they are born in poverty and may appear to have little talent and yet they excel. Luck is certainly an advantage if it is exploited. If it is not it seems to do little good.

Most successful people acknowledge that luck plays a role. However almost all of them will tell you that luck alone did not get them where they are. They had to be prepared to take advantage of the luck that comes along. People with talent must work very hard to use that talent to achieve. Some will tell you that luck was a minor player in their success and that their discipline and hard work were the key factors.

Luck is like someone knocking on the door – it is a form of opportunity. Unless you are prepared to answer that knock and take advantage – to act on it – it may be of little consequence.

All people have bad luck now then then. All people have good luck now and then. Neither good nor bad luck decide the outcome. They only frame the circumstances we live in. How we react to opportunity or “luck” is far more important than the good or bad fortune that befalls us. This has been demonstrated so many times by those who fail despite good fortune and those who succeed in spite of bad fortune.

Luck happens. It comes to us in good and bad forms all the time. How we go about reacting to it and living our lives with good luck or in spite of bad luck is the most powerful determination of our success.

Do not let luck dictate your outcome. Be prepared to take advantage of good luck and to overcome the bad… in the end that has more to do with success than luck does.

Wishing you success and prosperity,

Daniel R. Murphy
Helping People Learn to Build Wealth

Wishing you Success and Prosperity,

Daniel R. Murphy

Wishing you well,

Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.