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#12668524 - 03/12/18 08:49 AM Re: The role of luck in success and failure [Re: Hancock]
Finesse Master/ Dropshot king Online   content
Extreme Angler

Registered: 12/18/15
Posts: 1451
Loc: Arlington
Originally Posted By: Hancock
Half or more scientific discoveries are attributed to luck.


+1

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#12668531 - 03/12/18 08:55 AM Re: The role of luck in success and failure [Re: Jpurdue]
Jpurdue Online   content
Extreme Angler

Registered: 04/28/14
Posts: 2184
Loc: NW Houston
Agree John. Lots of potential problems with the study. It also doesn't define rich. Million bucks? 10 Million? 100 million? Billion plus?

The main thing it points out is that hard work and intelligence seem to be more common in the general population than wealth. And luck isn't just good things that happen to people but also bad things. Sickness, bad timing, unscrupulous actors, even when your parents die matters.

The book Outliers also looks into this. Turns out professional athletes are disproportionately older than their classmates growing up. This is tied back to when in the year they happened to be born. If your birthday made you one of the older kids in the class, you were on average a little bigger, little faster, etc... than your peers. Coaches notice this and paid a little more attention to you. This bred confidence and created a positive feedback loop that ultimately increased the odds of athletic success. Just an example of how "luck" could play into success.


Edited by Jpurdue (03/12/18 08:57 AM)
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#12668533 - 03/12/18 08:55 AM Re: The role of luck in success and failure [Re: Jpurdue]
Bass&More Offline
TFF Celebrity

Registered: 06/04/08
Posts: 9919
Loc: Jack County
Nothing more lucky than peep


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#12668534 - 03/12/18 08:56 AM Re: The role of luck in success and failure [Re: Jpurdue]
Trebor Neil Offline
TFF Guru

Registered: 08/08/02
Posts: 14181
Loc: Fruitvale, Texas
A very important consideration here is:

CHOICES
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#12668540 - 03/12/18 08:59 AM Re: The role of luck in success and failure [Re: Trebor Neil]
Moto-Moto Offline
TFF Guru

Registered: 04/25/09
Posts: 26820
Loc: Krum, TX
Originally Posted By: Trebor Neil
A very important consideration here is:

CHOICES


This exactly!
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#12668547 - 03/12/18 09:03 AM Re: The role of luck in success and failure [Re: Jpurdue]
butch sanders Offline
TFF Guru

Registered: 03/17/05
Posts: 26762
Loc: Arlington, Texas
if you are at the top of your industry
you got there by hard work

the next step is where luck comes in

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#12668555 - 03/12/18 09:08 AM Re: The role of luck in success and failure [Re: Moto-Moto]
Hancock Online   content
TFF Guru

Registered: 10/06/12
Posts: 16234
Loc: Estonia
Originally Posted By: Moto-Moto
Originally Posted By: Trebor Neil
A very important consideration here is:

CHOICES


This exactly!


Yep. If people hadn't worked hard and made the right choices they wouldn't have been in a position to take advantage of opportunity.

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#12668581 - 03/12/18 09:18 AM Re: The role of luck in success and failure [Re: Jpurdue]
grandpa75672 Offline
Super Freak

Registered: 05/14/05
Posts: 50988
Loc: Elev 482 ft 33.03 �N, 96.14 ...
Good luck is recognizing an opportunity when it arises.
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I know a little about a lot of things but not a whole lot about anything....CGD

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#12668583 - 03/12/18 09:22 AM Re: The role of luck in success and failure [Re: Jpurdue]
joebass2 Offline
TFF Team Angler

Registered: 12/11/04
Posts: 4144
Loc: Lewisville, texas
I don't believe in the luck thing, but having the right connections is at least as important as skill and/or hard work. One of the reasons the rich get richer.


Edited by joebass2 (03/12/18 09:22 AM)

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#12668589 - 03/12/18 09:29 AM Re: The role of luck in success and failure [Re: Jpurdue]
Jpurdue Online   content
Extreme Angler

Registered: 04/28/14
Posts: 2184
Loc: NW Houston
I would characterize myself as reasonably successful. Particularly for my age. I believe I'm a hard worker, but I also recognize the role luck has played. My first job was a game changer for me. The only reason I got it was because I happened to be dating a gal at Purdue who lived in Texas. The only reason I applied for that job was because it was headquartered out of Texas near this gal. The gals gone, but I am still in the same industry.

I also like to say I've made a million bucks playing poker. Not in winnings, but I've played a lot of home games with executives that have wound up resulting in very good relationships which has lead to a whole bunch of promotions over the years. If I hadn't been interested in poker, I truly believe many of those doors would not have been opened. Luck? Maybe.

So anyway. Yes, 100% believe in hard work, but I also recognize the role luck has played. I've also been blessed with reasonably good health.
_________________________
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L.

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#12668608 - 03/12/18 09:41 AM Re: The role of luck in success and failure [Re: Jpurdue]
Pilothawk Offline
Pumpkin Head

Registered: 01/14/03
Posts: 76455
Loc: Kentucky Lake
Luck is often the marriage of opportunity with preparation.
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#12668609 - 03/12/18 09:42 AM Re: The role of luck in success and failure [Re: Jpurdue]
921 Phoenix Offline
TFF Team Angler

Registered: 06/21/11
Posts: 3188
I don't believe in luck. I believe in hard work and following God's leadership, he opens and shuts doors

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#12668624 - 03/12/18 09:47 AM Re: The role of luck in success and failure [Re: Jpurdue]
Tallgrass05 Online   content
bill maher's protege

Registered: 03/02/05
Posts: 42263
Loc: Kansas
Chance favors the prepared mind.

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#12668663 - 03/12/18 10:07 AM Re: The role of luck in success and failure [Re: Jpurdue]
John175® Online   happy
Super Freak

Registered: 10/21/05
Posts: 67816
Loc: Realville
A very good book that addresses some of the issues brought up in the study is "Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else" by Geoff Colvin. I have the audible book and it does present some interesting perspectives.
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#12668678 - 03/12/18 10:13 AM Re: The role of luck in success and failure [Re: Jpurdue]
Duck_Hunter Offline
TFF Guru

Registered: 03/24/14
Posts: 14634
Loc: North Texas
Originally Posted By: Jpurdue
Originally Posted By: Mark Perry
If someone truly does not think hard work and determination are not keys to success then so be it. I have seen far too much firsthand that contradicts that study. Hard work, determination, and the power of chasing a dream cannot be measured by a computer.


What percentages of business start ups fail? Were those people not hard working dream chasers? I'm not sharing this study to discourage anyone. And by all means, I fully believe you should work hard. In terms of things you can control, there is zero doubt in my mind it matters a great deal. That said, the study shows the things you can't control matter more.

In all probability we would have never heard the name Bill Gates if he hadn't been born exactly when and where he was. He was born right at the start of the computer age and within a few blocks of one of two super computers that were open to public access at the time. This access sparked his interest in code. No doubt he's a hard worker, but if he was born in Indiana he would not have founded Microsoft.


Some might say Bill Gates benefited from fate, destiny or chance and hard work. Life isn’t fair, being in the right place at the right time is huge, knowing the right people can help, but it still takes hard work for the vast majority of the people that are successful.

You’re right, Gates benefited from the time he was born and growing up down the street from a place that had super computers open to the public and needed people to code. He still put in countless hours learning to code and then applying that learned knowledge to building an empire.

I don't consider that aspect of his life (being born at the right time and location) luck. I think he had some luck along the way, but it was taking some chances as he built Microsoft and the ball bounced his way.

I agree with Jacob, though. How did the study define luck? Without a definition (and depending on the definition) it’s hard to agree with the study’s findings.
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