What is the role of luck in Entrepreneurship?

Entrepreneurs DIG…
If they are smart enough to find a proper place to dig, they increase their possibility of finding a mine. But they will find a gold mine if they are also luckly.

Entrepreneurs FISH…
If they are experienced enough to fish in the right place, they increase the possibility of catching various fishes.  But they will catch the big fish if they are also luckly.

Luck is certainly a parameter in the success of an entrepreneur but no one knows the weight of this factor in the final calculation. For some people, it may be sheer luck, for others it is just a 1%.

If luck is important, then do we have control on our luck? Sometimes luck is something which people attribute to others who selectively perceive opportunities.

Moral of the story: If your mind is tuned for receiving opportunities (open-minded), you are already prepared for the opportunities. Other people may call you lucky, but you know the secret. Dream, work hard, and believe that you can succeed. Then, just wait for the miracles.They will come sooner or later, but they will certainly come.

About ozgurzan

Professional: 1999- Co-founder and Managing Director of Done Information & Comm. Systems http://www.donetr.com http://www.donelabs.com Academic: 2008 Ph.D. Organization and Management - Yeditepe University 2002 MBA - Yeditepe University 1994 Computer Engineering - Bogazici University
This entry was posted in Entrepreneurship, Management and tagged , , . Bookmark the permalink.

6 Responses to What is the role of luck in Entrepreneurship?

  1. Burak says:

    As L. Pasteur nicely said: “Luck favors the prepared mind.”

    I think it also makes sense to ask the following question:

    “What is the role of enterpreneurship in luck?” 🙂

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