Success in business – and to make it simple I’ll define that as achieving a significant improvement in profitability and business value – often comes bundled with a big serving of luck. Of course, you may say luck is where preparation and opportunity intersect, and one definition I particularly like is luck is putting yourself in the way of serendipity. But at the end of the day luck takes many different forms, for example a roulette win is pure luck because it’s a game of chance. On the other hand if you win at poker it’s due in large measure to your skill relative to that of your opponent(s). There is also luck in the game of business but it’s more complex and is the result of preparation, opportunity, and serendipity.
Continue reading “Mindset, Success, and Serendipity”