The Luck of the Entrepreneur
By You often hear about entrepreneurs getting lucky – getting on Oprah or selling their business for $50 million to a big conglomerate. When you hear these stories of seeming overnight success, it makes you think, “Wow, they are sooo lucky.” But what sometimes appears to be luck is actually the result of a well laid plan and strategy that is finally coming to fruition. Every time you hear the story of an entrepreneur’s big win, you are probably not going to hear about the 100 times before that they failed, but trust me, they did.
What allowed them to eventually get to their big win? They didn’t beat themselves up after they failed, nor did they let it make them fearful of taking future risks. Instead, they viewed each small failure as simply a stepping-stone on the path to success. The good news is you can improve your luck. When you recognize that there is no such thing as “the overnight success story” and instead make the goal of each day to move the ball one step closer to your goal, you’ll increase your odds every day. If so-called good luck is really just persistence, creativity and determination that have finally paid off, there are some ways to stack the deck in your favor.  (more…)
