Sumo Blog

Are People Luckier than You?

Posted by Admin in Sumo Blog

One day you see an entrepreneur sell his company for hundreds of millions of dollars. Another day you see a three year old startup raise over 250 million dollars. Then you see a 5 year old startup IPO for billions of dollars. You sit and wonder if these guys are luckier than you.

The truth is that these guys are no luckier than you they just take advantage of their luck opportunities. When Richard Branson was asked if he felt luck played a part in his success, he answered, “Yes, of course, we are all lucky. If you live in a free society, you are lucky. Luck surrounds us every day; we are constantly having lucky things happen to us, whether you recognize it or not. I have not been any more lucky or unlucky than anyone else. The difference is when luck came my way, I took advantage of it.”!
How do you take advantage of your luck opportunities? Here is a formula to make it simple. Preparation + Attitude + Opportunity + Action = Luck

1) Preparation - By consistently improving and preparing your skills, knowledge, expertise,
relationships, and resources you then have the wherewithal to take advantage of great
opportunities when they arise (when luck “strikes”).
2) Attitude - This is where luck evades most people, and where Sir Richard Branson is spot-on
with his belief that luck is all around us. It’s simply a matter of seeing situations, conversations, and circumstances as fortuitous. You cannot see what you don’t look for, and you cannot look for what you don’t believe in.
3) Opportunity - It’s possible to make your own luck, but the luck I’m talking about here isn’t planned for, or it comes faster or differently than expected. In this stage of the formula, luck isn’t forced. It’s a natural occurrence, and it often shows up seemingly of its own accord.
4) Action - This is where you come in. However this luck was delivered to you it is now your
job to act on it. This is what has separated you from Richard Branson.

Now is the time to stop complaining about the great defeats you suffered, or any other challenging circumstances you have faced. Many other individuals have had more disadvantages and greater obstacles than you, and yet they’re wealthier and more fulfilled. Luck is an equal-opportunity distributor. Lady luck shines on us all, so remove your umbrella from over your head, and put your face to the sky. When it comes down to it, it’s all you, baby! There’s no other way to explain it.

Written By: Corey Cormier, CEO Legal Monkeys