Lucky Bamboo

Do Entrepreneurs Need Good Luck?

To get the results you want, you need to write your own rules of good luck

We once heard a mathematics professor state, "The parameters of luck are unknown to us." In other words, luck can't be explained by any specific factor; it's a matter of chance. We thought the statement made a lot of sense, but we were intrigued by the notion that what we call "luck" could be explained by a set of variables or elements that had not yet been studied. So we carried out our own research.

We spoke with people who thought their lives had been blessed by good fortune to try and figure out what factors they had in common. After four years of research, we could clearly identify a list of five principles for good luck.

What our research revealed can be summarized in a single simple sentence: In business, we make our own good luck.

What do these creators of good luck have in common? How can entrepreneurs make their own good luck as they’re making their businesses successful? The principles are summarized below:

1. Responsibility
   Business owners who feel that they have had good luck also feel responsible for their own actions. When things go wrong or the outcome of any given situation is other than intended, they never point the finger of blame at external factors or other individuals. Instead, they look to themselves and ask, "What have I done for this to occur?" Then they act accordingly to solve the problem.

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