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Jan 23rd, 2013
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Re: The role of luck in success and failure [Re: Hancock] #12668524
03/12/18 01:49 PM
03/12/18 01:49 PM
Joined: Dec 2015
Posts: 1,702
Arlington
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Finesse Master/ Dropshot king Online content
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Arlington
Originally Posted By: Hancock
Half or more scientific discoveries are attributed to luck.


+1

Re: The role of luck in success and failure [Re: Jpurdue] #12668531
03/12/18 01:55 PM
03/12/18 01:55 PM
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Posts: 2,776
NW Houston
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Jpurdue Online content OP
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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.

Last edited by Jpurdue; 03/12/18 01:57 PM.

"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L.

www.LunkerLore.com

Re: The role of luck in success and failure [Re: Jpurdue] #12668533
03/12/18 01:55 PM
03/12/18 01:55 PM
Joined: Jun 2008
Posts: 10,381
Jack County
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Bass&More Offline
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Posts: 10,381
Jack County
Nothing more lucky than peep


Re: The role of luck in success and failure [Re: Jpurdue] #12668534
03/12/18 01:56 PM
03/12/18 01:56 PM
Joined: Aug 2002
Posts: 14,535
Fruitvale, Texas
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Trebor Neil Online content
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A very important consideration here is:

CHOICES


You bettcha!

oofta!
Re: The role of luck in success and failure [Re: Trebor Neil] #12668540
03/12/18 01:59 PM
03/12/18 01:59 PM
Joined: Apr 2009
Posts: 27,264
Krum, TX
Moto-Moto Offline
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Originally Posted By: Trebor Neil
A very important consideration here is:

CHOICES


This exactly!

Re: The role of luck in success and failure [Re: Jpurdue] #12668547
03/12/18 02:03 PM
03/12/18 02:03 PM
Joined: Mar 2005
Posts: 27,936
Arlington, Texas
butch sanders Offline
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butch sanders  Offline
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if you are at the top of your industry
you got there by hard work

the next step is where luck comes in

Re: The role of luck in success and failure [Re: Moto-Moto] #12668555
03/12/18 02:08 PM
03/12/18 02:08 PM
Joined: Oct 2012
Posts: 16,818
Estonia
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Hancock Online content
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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.

Re: The role of luck in success and failure [Re: Jpurdue] #12668581
03/12/18 02:18 PM
03/12/18 02:18 PM
Joined: May 2005
Posts: 52,098
Cross the road from Wieland Ce...
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grandpa75672 Offline
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Cross the road from Wieland Ce...
Good luck is recognizing an opportunity when it arises.


It ain't what they call you, it's what you answer to.... W.C.Fields

I know a little about a lot of things but not a whole lot about anything....CGD
Re: The role of luck in success and failure [Re: Jpurdue] #12668583
03/12/18 02:22 PM
03/12/18 02:22 PM
Joined: Dec 2004
Posts: 4,265
Lewisville, texas
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joebass2 Offline
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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.

Last edited by joebass2; 03/12/18 02:22 PM.
Re: The role of luck in success and failure [Re: Jpurdue] #12668589
03/12/18 02:29 PM
03/12/18 02:29 PM
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NW Houston
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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.

www.LunkerLore.com

Re: The role of luck in success and failure [Re: Jpurdue] #12668608
03/12/18 02:41 PM
03/12/18 02:41 PM
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Kentucky Lake
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Luck is often the marriage of opportunity with preparation.


KANSAS JAYHAWK BASKETBALL - Where tradition comes from
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Re: The role of luck in success and failure [Re: Jpurdue] #12668609
03/12/18 02:42 PM
03/12/18 02:42 PM
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Posts: 3,753
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I don't believe in luck. I believe in hard work and following God's leadership, he opens and shuts doors

Re: The role of luck in success and failure [Re: Jpurdue] #12668624
03/12/18 02:47 PM
03/12/18 02:47 PM
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Kansas
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Tallgrass05 Online content
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Chance favors the prepared mind.


"...to guard against the impostures of pretended patriotism."
~George Washington, Sept. 19, 1796
Re: The role of luck in success and failure [Re: Jpurdue] #12668663
03/12/18 03:07 PM
03/12/18 03:07 PM
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Realville
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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.


Hatred corrodes the container it's carried in.
Re: The role of luck in success and failure [Re: Jpurdue] #12668678
03/12/18 03:13 PM
03/12/18 03:13 PM
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North Texas
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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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