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Posted: January 04, 2012

Five tips to improve your luck in work and life

It's a choice

Theresa M. Szczurek

 

Over lunch last month, I asked a successful businessman what attributed to his great success. After all, as CEO he had sold his previous company for over $25 billion and then went on to found, grow, and recently sell another successful billion-dollar revenue-producing firm. He said, "I'm lucky, and I take risks."

What's your definition of luck?

Oprah Winfrey says, "Luck is a matter of preparation meeting opportunity." The Oxford American Dictionary states luck is ‘chance thought of as a force that brings good or bad fortune. ‘

In his recent New York Times article, "What's Luck Got to Do With It?" Jim Collins, bestselling author of Good to Great and co-author of the new book Great by Choice, states "Luck, good and bad, happens to everyone, whether we like it or not. When we look at 10xers [companies that are 10 times more successful than expected] we see people who recognize luck and seize it, leaders who grab lucky events and make much more of them."

A new and better definition of luck would be ‘good or bad fortune based on chance or destiny and the individual's response to the situation.'

What can you do to improve your luck?

1. Be Open. See situations and recognize them as lucky opportunities.
2. Take Action. Grab the event, make a decision on how to respond, and then act. Take advantage of luck.
3. Surround Yourself with Proper People. Find people who believe they are lucky and who take action in response to opportunities.
4. Have a Lucky Attitude. Just like the successful CEO mentioned above believe you are lucky. Look to the bright side of things.
5. Think Like a Billionaire. Learn and live by the wisdom Rick Sapio discerned from his interviews of 23 extremely wealthy people as shared in this article.

You have a choice. Success is self-determined. In the end, business and life are exactly what you choose to make of them. Choose to be lucky!
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Theresa M. Szczurek, Ph.D., co-founder and CEO of Radish Systems, is a serial technology entrepreneur. The story of her last start-up, which sold for more than $40 million in less than six years, is included, along with her strategies for success, in the Amazon-bestseller Pursuit of Passionate Purpose: Success Strategies for a Rewarding Personal and Business Life. www.RadishSystems.com, www.radishsprouts.typepad.com and @TheresaSzczurek on twitter.

Enjoy this article? Sign up to get ColoradoBiz Exclusives. The opinions expressed in this article are solely that of the author and do not represent ColoradoBiz magazine. Comments on articles will be removed if they include personal attacks.

Readers Respond

I agree -- luck is a valuable tool for all managers. As Principal of our elementary school I would try to find "lucky" places. I found our music teacher by his posting at the local post office. I watch for cheap or free materials by looking for other charter schools going out of business. By Rick Winter on 2012 01 05
Interesting article regarding "luck" but fails to mention important wordly skills; education, money, chance, DNA. Timely piece regarding luck with the coming of a new year as well. Additionally, isn't "businessman" spelled as such? As written, you have as two separate words. Just wonderin'. By T on 2012 01 04

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