Luck denotes something that seems to happen by chance rather than as a logical consequence. Many people believe in luck especially when it comes to being rich and successful in business. But is there really such a thing as good luck? Alex Rovira and Fernando Trias de Bes, conducted their own research and spoke to people who they believed were blessed with good fortune in order to determine what they have in common. Their findings ended in one conclusion: “We make our own good luck.” In their book, Good Luck: Create the Conditions for Success in Life & Business, they outlined five principles that make a successful entrepreneur:
1. Responsibility
Entrepreneurs are 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 or 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.
2. Learning from Mistakes
Creators of good luck don't see a mistake as a failure. Instead, a mistake is an opportunity for learning. Thomas Edison is the classic example. More than 1,000 attempts to invent the first long-lasting electric light bulb led to bulbs that only stayed lit for a few minutes. One of Edison's colleagues asked him, "Mr. Edison, don't you feel you are a failure?" Lacking any sense of vanity, he answered, "Not at all. Now, I definitely know more than a thousand ways how NOT to make a light bulb."
Sure enough, just a few days later, he turned his inspiration into a practical concept. By the way, the very first light bulb was invented by Sir Joseph Wilson Swan, who demonstrated the theoretical concept but gave up trying to develop a practical application after only three attempts. By contrast, Edison made his own good luck and designed a working light bulb.
3. Perseverance
Creators of good luck don't give up or postpone. When a problem or situation arises, they act immediately to either solve it without delay, delegate, or forget about it. This allows them to focus their energy on producing favorable results.
4. Confidence
The most powerful principle is often the most overlooked. Confidence is divided into two parts: confidence in yourself and confidence in others.
Confidence in one’s self is essential, and those who create their own good luck have high degrees of assertiveness and self-esteem. They keep to their purpose, persevere, and work to create the conditions that ultimately help them achieve success. Entrepreneurs are visionaries. They are very clear with their goals and work out ways to make them a reality.
Closely linked to assertiveness and self-esteem is trust in others and respect for them - seeing other people as major sources of opportunity. Building relationships with people and working with them makes a vision or goal more attainable.
Without confidence there is no way to "give yourself" to the situation. Without it, one would not open up and share an opinion or insight. There will be no opportunity to contribute to anyone.
5. Cooperation
Synergy is key. Trust in others leads to solid a network of work colleagues and friends, which, in turn, provides more resources to carry out projects than if they were managed alone. Think cooperation rather than competitiveness. At the most basic level, any project or undertaking takes place in the context of the broader group, and everyone should have the chance to emerge a winner.
As we have seen, whether or not one can create good luck basically depends on an attitude towards oneself, towards others, and towards life. It is also tied to the perception that the individual is much more of a cause than an effect. Above all, to the realization that one must make oneself the creator of the conditions that foster success and the achievement of specific, visualized goals.
We think of luck -- the sort that wins lotteries -- as random. It can be favorable or not, but it is always occasional, brief, and temporary. We have found that of the people who have won big sweepstakes prizes, many lose everything they gained, typically within four years to seven years of hitting the jackpot. Furthermore, their personal relationships with family, friends, and colleagues often suffer.
On the other hand, since those who create their own good luck owe success only to themselves and their own initiatives, not just to a random roll of the dice, they are acutely aware of the origins of their good fortune. Moreover, having seen it work before, they know how to repeat it.
The problem is that we often seem to forget old principles based on common sense, which basically says that we must work, be aware of our actions, and take responsibility for correcting them when the need arises. The person who grasps that wisdom is lucky indeed.
http://entrepreneurs.about.com/od/becominganentrepreneur/a/goodluck.htm
http://erclk.about.com/?zi=20/%5dOK
http://www.GoodLuckTheBook.com
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