How to Make Your Own Luck Print
Thursday, 29th January 2009 (by J.D.)This article is about Psychology, Self-Improvement
The current issue of Newsweek (cover-dated 02 February 2009) has a fantastic article from Ben Sherwood entitled “What It Takes to Survive”. Ostensibly, this piece is about how people handle crises. Why do some people panic, some people lead — and most people stand around in a daze?
This larger topic is fascinating, of course, but even more interesting is the article’s sub-theme: some people are lucky and some are not. But what we think of as “luck” has almost nothing to do with randomness and everything to do with attitude. According to Richard Wiseman, a professor in the public understanding of psychology at the University of Hertfordshire in Britain, only about 10% of life is purely random; the remaining 90% is defined by the way we think. Our attitudes produce our luck.
From the Newsweek article:
“Luck is not a magical ability or a gift from the gods,” Wiseman writes. “Instead, it is a state of mind—a way of thinking and behaving.” Above all, he insists that we have far more control over our lives — and our luck — than we realize.
This echoes almost exactly the sentiments in the book Luck is No Accident, which I reviewed last year. In that slim volume, the authors write:
You have control over your own actions and how you think about the events that impact your life. None us can control the outcomes, but your actions can increase the probability that desired outcomes will occur. There are no guarantees in life. The only guarantee is that doing nothing will get you nowhere.
I’ve certainly found this to be true in my own life. When I sit around and moan about my misfortunes, more misfortunes seem to come my way. But when I attempt to learn from my mistakes, or from the bad things that happen to me, when I take action instead of remaining passive, even bad luck can be turned to good.
In the Newsweek article, Professor Wiseman suggests four reasons that luck favors certain people:
- Lucky people frequently happen upon chance opportunities. But this is more than just being in the right place at the right time. “Lucky” people also have to be aware or the opportunity, and have the courage to seize it.
- Lucky people listen to their hunches. In other words, they listen to their gut instinct. This reminds me of Malcolm Gladwell’s Blink, which argues that often our first instincts are correct.
- Lucky people persevere in the face of failure. You’ve all seen that Nike commercial from Michael Jordan, right? “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”
- Lucky people have the ability to turn bad luck into good fortune. The past couple of weeks have been pretty shitty for me. They’ve sucked. It would be easy to surrender and just give up. Instead, I’ve tried to find the positive, and to build something constructive out of my experience. Instead of focusing on the loss of a close friend, I think, “What can I take from this?” As I wrote and delivered my eulogy, for example, I tried to learn more about speaking in public. (My second eulogy at tonight’s memorial service should be even better.)
I encourage you to read the entire Newsweek article. It’s well worth your time. And it may prove to be the luckiest thing you do all day!
Photo by cimarroncat.

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January 29th, 2009 at 5:32 am
I guess this proves your “luck” with blogging. We see 75,000 readers and nearly 1 million views in a month and think “wow he’s lucky to have such a successful blog.”
Lance Armstrong had a quote that is similar to your third point.
He said “People ask me all the time, ‘How to you do so well, what are you on?’ What am I on? I’m on my bike six hours a day busting my ass. What are you on?”
January 29th, 2009 at 5:36 am
Great post. MJ is such a good example for this since he works so hard to be the best.
January 29th, 2009 at 5:37 am
I do believe that we make our own luck. Sitting around and wallowing in self-pity or complaining about how crappy everything is really won’t get us anywhere. I don’t mean to suggest that there isn’t a time for self-pity and whining, but we need to put a time limit on it. For example, “I’ll allow myself to wallow in this for the rest of today, but tomorrow, it’s time to get moving.” It’s not that the lucky ignore their grief or their struggles, but they do try to learn from them and then use that knowledge to grow. I’m eager to read the rest of the article.
January 29th, 2009 at 5:37 am
Luck is a term that people who don’t work hard use to excuse themselves from being successful.
Luck is a term that people with no skill or drive use to write off the successes of others.
@Chett, great quote from Lance.
January 29th, 2009 at 5:43 am
I think “lucky” people keep busy pursuing opportunities and will consequently find more good opportunities (along with more dead ends and rejections).
You might know someone with a successful home business and think they are lucky - maybe they were to some degree, but more likely they tried a number of different business ideas (that didn’t work) before finding one that worked.
Lucky people just keep working at it.
January 29th, 2009 at 5:49 am
one quote i’ve always lived by “the harder i work, the luckier i get”. it’s all about noticing opportunities and acting on them.
January 29th, 2009 at 5:57 am
I’m not sure that you can attribute all of someone’s success to their own hard work. Certainly you have to grasp opportunities, and work hard - but the opportunities need to exist in the first place. Where opportunities are frequent (say business) then success is down to you. Where opportunities are rare (say art) then not so much.
January 29th, 2009 at 5:57 am
Luck– random chance– is real and has a huge effect on our lives. Of course blaming all your problems on “bad luck” is no way to get ahead in life, but it’s possible to go to the opposite extreme and blame other people’s genuine misfortune on their “bad attitude”. To anyone who believes as #4 above that “Luck is a term that people with no skill or drive use to write off the successes of others,” I am certain that something random could happen to you tomorrow in spite all your skill and drive that would bring down all your success around your ears, and take a long time to recover from (if you were lucky enough to have the chance to recover). And you would not be the first.
I’ve had a string of lousy breaks in the past couple of weeks, and I checked out this post hoping that it might contain useful insight, but all I see here is an overstatement of things I already know and practice. Of course I try to jump on opportunities (and look hard for opportunities that might not be obvious). Of course I focus on personal growth when I can’t control my circumstances. But bad things can and do still happen, and they aren’t magically transformed into good things because I work hard and wish hard. Surely we’re bright and mature enough to recognize that and keep our good attitudes without resorting to made-up 90/10 statistics.
January 29th, 2009 at 6:04 am
You know, this goes right in line with Steven Covey’s habit #1 - Be Proactive. Instead of being reactive. Love the blog, keep up the good work.
January 29th, 2009 at 6:08 am
Anonymous wrote: Luck– random chance– is real and has a huge effect on our lives.
Yes. Absolutely. I don’t mean to make it sound as if happenstance has no effect on us. Hell, I was born a white male in the United States. By most accounts, that’s a sort of privileged existence in this world, a very real sort of “luck” over which I have had no control. Each of us can cite instances in which we’re more fortunate than others. We can also cite instances in which we’re less fortunate.
And I agree that the 90/10 statistic is arbitrary.
But the larger point remains: Though we cannot change the hand we’re dealt, we can choose how we play it. Too many people fold when they could keep playing…
January 29th, 2009 at 6:09 am
Isn’t it simply the psychology of attribution at work? If I attribute my successes to luck rather than hard work and talent, then I will continue striving because my success is a fluke rather than well-earned.
Also, I think plonkee is on to something. Don’t we drain the meaning out of the word luck if it becomes a proxy for hard work and expertise? I wouldn’t use luck to describe either Jordan or Armstrong’s success. I would use it to describe me making a half court shot or winning a leg on the Tour de France.
January 29th, 2009 at 6:09 am
I often think about my career up to now as being quite “lucky”. But when I look at it from outside, I’ve always been planning, and learning.
So, when my job was looking a bit uncertain, I sat down and planned out what I would do if I was made redundant. I talked to people about the plans. It meant I wasn’t scared of redundancy. But it also meant that when a friend saw an advert that matched my plans, they told me. I never was made redundant. I answered the advert, decided that I’d rather do my “emergency plan” than hang around getting despondent with my job in jeopardy, and completely changed the course of my career.
Lucky? Only partly. There was a small element of luck, but most of it was actually being proactive, making plans, and most importantly, telling others about them.
January 29th, 2009 at 6:24 am
Luck is what happens when preparation meets opportunity.
You take care of the preparation, and when the opportunity comes along you can choose whether to avail yourself of it - or not.
If you’re not constantly preparing and learning (and saving!), when an opportunity arises you won’t be able to take advantage.
Hang it on the wall, and it’ll help you prepare (work) more/better every day.
Luck is what happens when preparation meets opportunity.
January 29th, 2009 at 6:35 am
Luck isn’t pure chance . . .
I am with Paul– You need to be prepared for good fortune (aka opportunity).
The expression I always remember is:
“Better to be prepared and have no opportunity, then to have an opportunity, and not be prepared . . . “
January 29th, 2009 at 6:37 am
@B I think you missed the point. The common person will look at someone and their success and want to call that person lucky (their perception not the reality) what people often don’t see is the preparation and awareness of opportunities that the “lucky” person possessed.
True luck would be more along the lines of the lotto, but hey I guess they’re right on that one as well “You can’t win if you don’t play.”
After I read the article I wondered does Wiseman discuss anywhere how to move from the 80% or bottom 10% to the top 10%? On my site there are a lot of people that have defeated mentalities and I would like to help them move to a mindset that they can control their outcome to a certain extent. I think that is what “anonymous” was alluding to in the failed concept of the percentages.
January 29th, 2009 at 6:46 am
I believe much of the “luck” in business,and other areas of life, happens for people who are more in tune with their “gut feelings.” As J.D. mentions, Gladwell had it right when he said our first instincts are usually right. However, most of us have been taught to analyze things, sleep on decisions, avoid risk,etc, and so we miss the window of opportunity. While some analysis is prudent, sometimes you just have to go with your gut.
Preparation is also key, as we have to stay in the right frame of mind to make these gut-feel decisions. Like golfer Gary Player said, “The harder I work, the luckier I get?”
January 29th, 2009 at 6:48 am
I have an uncle who has been very successful. When I was a kid, I used to ask him how he got so lucky all the time. He looked at me and said, “Todd, you make your own luck - no one’s going to give it to you.” It has always stuck with me as good advice on how to be successful. Find opportunity in the things you do.
January 29th, 2009 at 7:03 am
“I’ve tried to find the positive, and to build something constructive out of my experience. Instead of focusing on the loss of a close friend, I think, “What can I take from this?” As I wrote and delivered my eulogy, for example, I tried to learn more about speaking in public. (My second eulogy at tonight’s memorial service should be even better.)”
I agree with your points above, but this last one is extremely callous. One should never flip a tragedy to find personal gain for oneself. Take comfort in the memories of his life, learn what you can about love, live, friendship, and mortality; but the loss of someone’s life is not an opportunity for you to work on your speaking skills. Its an insult to a person’s memory.
January 29th, 2009 at 7:19 am
Great blog you have going here! THANK YOU!
Today’s post reminds me of an exercise i do with people who take my meditation class. It meets one night per week for eight weeks, and the first night, i ask the attendees to play a little game with me for the duration - pretend that EVERYTHING that happens to you is your fault. The objections come fast and furious - “If i stop at a stop sign, and a meteor hits me, it’s my fault?” “You’re the one who chose to drive and stop at that sign. Yes.” By the end of the class, people are amazed at how much more powerful and in control of their lives they’ve become. One of the best things *i* get out of the class!
January 29th, 2009 at 7:29 am
I read this article last night and agree it is well worth the read. It was a wonderful article!
January 29th, 2009 at 7:31 am
It’s interesting to watch this same theme show up over and over again. Napoleon Hill popularized it in “Think and Grow Rich”, but it was an idea before that.
J.D., I believe that you chose even your place and time of birth as well as who you were going to be in this life and what major lessons you wanted to learn.
Life gets a lot more interesting the more you believe you are in control of it. Car accidents are no accident. Illnesses and deaths aren’t, either. Once you accept the reality that whatever happens to you (including “accidents”) is completely under your control, your viewpoint changes in quite a profound way…
Once I started accepting the reality that any sickness I got was my fault and not some random chance, I began realizing I needed to change. I changed my diet, got more exercise, and started learning to ask my colds what lesson they held for me. Result? I’m healthier than I’ve ever been before, and I feel much better on a daily basis.
If you really believe it, eventually you will get to the point where you don’t buy insurance. Why buy insurance if all events in your life are 100% under your control? That’s when you know you’ve stepped into that reality. It’s absurd for most people in our society to think about, but remember, for 99% of humanity’s time on Earth we’d be considered the weird ones.
-Erica
January 29th, 2009 at 7:43 am
The best way to predict the future is to CREATE it! I was just listening to Earl Nightingale’s classic “The Strangest Secret” in which he says all of the great philosophers agree on ONE thing - we become what we think…
January 29th, 2009 at 7:45 am
Balance is needed! On the one hand, a positive, optimistic attitude makes for a more pleasant existence. On the other hand, it won’t do anyone any good to say that randomness doesn’t exist as part of the physical laws of the universe. We can’t control everything in our lives and we can’t blame those who have had bad luck (experienced random negative events) for their situation. Nor can we think it will never happen to us because we are making our own luck.
January 29th, 2009 at 8:03 am
“You can’t direct the wind, but you can set your sail.” I agree completely with this, and this article. I’m in the midst of unraveling some recent mistakes to see how I could have prepared better or made better choices.
That said, I’ve seen that “You make your own luck.” is really good to motivate yourself, not so much as a comment to someone in the middle of a hard situation. It might be right, it may even be the best advice they could get, but if they’re not ready to hear it…
And from reading comments here, I think there is some confusion of the meaning of luck. It seems like some use it as pure random chance, and others as ‘where preparation meets opportunity’. A lot of that has to do with how we see very successful people as lucky.
It seems like most people get a whole lot of the random luck - some good, some bad. Occasionally extremely good or bad - airplane crash, war nearby, being born to the Kennedys, etc. Of course, how often are we exposed to ‘extreme luck’? Anyone here grew up next to a war, been in an airplane crash, or such? Possibly, but not many.And barring the extreme, your perception, preparation, and attitude decide nearly completely what that ‘luck’ means in your life.
Most people then confuse the ‘luck’ with the result. “He was lucky to buy all that land before they decided to put in the new park.” No, we were all lucky to live here and have the chance - he was perceptive and prepared to take advantage of the situation.
Maybe even more significant, “You experience what you believe, unless you believe you won’t, in which case you don’t, which means you did.” Belief changes how we see things, so the person who believes they can’t get ahead won’t see the land or will assume that something will go wrong. The person who believes in their own success will be looking for opportunities, see them easier, and trust that they will work out. Leading to some spectacular crashes, but often great success.
@Chet (#15): Beliefs are given to you by trusted sources. If you want to help your readers’ mindset, you need to help them with new beliefs - by trusted sources, you or through tasks that they can see success and become their own trusted source. I’ve had the experience of ‘I don’t need faith: I’ve seen this happen.’ And that was a powerful force for change in me.
January 29th, 2009 at 8:04 am
People say others are ‘lucky’ because they are jealous about someone else achieving and not them. They ignore the hard work and efforts by that person, mainly because that would make them see that it is possible for them to do more with their life if they just tried harder.
Erica: “Car accidents are no accident.”
I don’t understand that. You say that I was in control and let the guy plow right into me? I let him make an illegal turn and hit me? Please explain, as I would rather read what you have to say about that versus just making some snarky remark.
January 29th, 2009 at 8:04 am
I completely agree with this post. I have learned that I have a direct connection to the luck that I have in my life. About a year ago, I was in a state where I was not making enough money to pay bills. I spent about a month feeling sorry for myself. Nothing of any good happend to me.
I decided that I needed to do something about what was going on in my life. I did not know what at the time but I worked to make my “luck” happen. I started writing very part time and it snow balled into my writing career today. People often ask me how I got so lucky to become a freelance writer. I just smile and say that they wouldn’t believe me if I told them.
January 29th, 2009 at 8:06 am
Jean-Pierre wrote: I agree with your points above, but this last one is extremely callous. One should never flip a tragedy to find personal gain for oneself.
Hm. Maybe I did a poor job of making my point. I’m not saying, “Wow, Sparky died! Let’s see how I can turn this to my advantage.” I’m trying to find a way to channel my mourning into something productive. Is it callous to attempt to learn from the things we do, even when the things are unpalatable? Even when the things hurt us? If so, then yes, I’m being callous. But I certainly don’t feel callous. All I feel is sorrow and grief.
I actually think Sparky would be proud of what I’m doing. The last day we spent together was at my public speaking gig last November. He helped me prep for it, and then gave me feedback afterward. In a way, I feel like this is an extension of the time we spent together.
January 29th, 2009 at 8:07 am
I agree with the post. I don’t believe in luck, but I do believe in increasing your chances of success which usually involves ACTION.
In my life, I’ve definitely tried to associate with people who make their own luck as opposed to hoping to win the lottery.
Great post!
January 29th, 2009 at 8:12 am
@Erica and @Victor
I don’t buy the “car accidents are no accident” either. When I was rear-ended in March (or was it April?), this was sheer happenstance. My action (or inaction) played no role in it. Yes, of course, the other driver had a role (a 100% role, actually), but I had no control over whether he was going to crash into the rental. That’s an example of the portion of life that is luck, or chance, or happenstance.
Actually, I just re-read Erica’s comment, and I completely disagree with this: I believe that you chose even your place and time of birth as well as who you were going to be in this life and what major lessons you wanted to learn.
January 29th, 2009 at 8:16 am
A cursory understanding of statistics will show you that not everything is even. Over time, given a large enough sample, you will usually find a nice distribution, but if you look at actual data or a handful of data points it doesn’t look that way.
When you go to a casino every pull of the slot machine or roll of the dice is a practice of luck. There will be some people who walk out as millionaires. And there will be people who lose everything. But on the whole an unskilled bet returns ~99%. If you take enough data you will see that.
That is what luck is, and that is what intersects your attitude and preparation in life. We will all have bad things happen, some of us more than other because that is the way the universe works. How bad it effects you is determined by your preparedness. I analyze my life and determine my exposure to bad things happening. How likely is my car to break down? My house to go up in flames? My husband to die? I have insurance against those things from which I can’t insulate myself. I have a fund for car repair, home insurance, and life insurance. When I have a string of bad luck it hasn’t broken me because I knew SOMETHING was coming. It always is.
That is where the discussion of “luck” meets “getting rich slowly”. You WILL have setbacks. What people see as good luck is often people who are prepared to defend against the bad, not just take advantage of the good.
So real luck is out of our hands, but attributing things that ARE in our power to luck isn’t smart. Take power and responsibility for things that go wrong. How could you have been more prepared or handled things better? This isn’t for self incrimination but to TAKE CONTROL OF YOUR LIFE AND TAKE RESPONSIBILITY FOR YOUR DECISIONS. It’s amazing how empowering it is to me to think of how I could have handled things better. And you wouldn’t believe how often I’m able to apply those lessons.
January 29th, 2009 at 8:18 am
Excellent post, as it really makes me think about the times I pushed myself and obtained success. =)
Post car-accident, I hobbled into my Bosses office. Leaning on my cane I told him “My body is broken, but my mind is sharp. Is there anything you suggest I work on to move up?” I was given the opportunity to prove myself and became MCSE in 6 months. Lots of early/late hours studying, and for that I am now in a better position. I just heard someone tell me how lucky I was. Silly people!
Shara: TAKE CONTROL OF YOUR LIFE AND TAKE RESPONSIBILITY FOR YOUR DECISIONS. –Awesome quote! Totally agree with you. =D
January 29th, 2009 at 8:20 am
You do make your own luck. When you do the right things, good things do happen. Still, we’ve had some “Murphy” happen in our life — and we’ve been able to pay it all off with cash. We’re still on the right track. If you keep doing enough of the right things, you’ll win in the end. We’re proof, though we have a long way to go before we finally win.
January 29th, 2009 at 8:29 am
Luck is such an odd concept. Often, we can’t even decide whether an event is good luck or bad luck (a house burns down but no one is injured, for example), but still we want to ascribe it to luck. I agree with most of the comments here that luck is what you make of it, both good and bad.
My partner had an accident on his motorcycle two years ago and we wound up with about $8,000 in out of pocket medical bills. Bad luck about the accident, bad luck about the portion of bills not covered by insurance.
Due to our habit of saving, we covered the bills without debt. Was that good luck? Due to his incredible work ethic, his boss kept paying him for several weeks for little to no work because he was so valuable that they didn’t want to lose him. Was that good luck? Due to his habit of generosity and helping others both my parents and his boss offered to pay the bills for us, which we declined. Was that good luck? Due to his obsessive ideas about motorcycle safety and 25 years of riding over 300,000 miles, this was his first accident and he was able to limit the extent of his own injuries (pelvis broken in 3 places but not a *scratch* on him). Was this good luck? I remember sitting in the hospital before we knew if he’d need surgery (he didn’t) thinking that we might have to sell the house to pay the hospital bills. Was I lucky to have a house to sell or unlucky to think we might lose it?
Luck is just too murky an idea to really take hold with me. I don’t believe that we have control over every aspect of our lives as Erica does, but that which we do control has much greater influences on our lives.
January 29th, 2009 at 8:32 am
@ Jean Pierre the title of your blog is appropriate for your shot at JD and the point he is trying to make. Maybe the final mention of “My second eulogy at tonight’s memorial service should be even better” is the part that bothered you.
Why can’t someone use another persons death to inspire change, and development of others? Isn’t that the reason we celebrate MLK? I don’t think people thought to themselves “great he was assassinated, now it’s my time to shine.” He motivated people to do more with themselves and inspire change around them. I’m not trying to compare JD’s friend to MLK, but he had a positive impact in a friends life and the message is JD is using that as an opportunity to do the same for others. JD I think readers here would like the opportunity to hear your eulogy, maybe then Jean could get the correct context of your comments.
My overall purpose in life is to make a positive difference in the lives of others, both in my classroom and the friends around me. If I find out after I die that they did nothing with it, I’ll be pissed and probably come back to haunt them.
Okay I’m finished commenting for the day. I had another snow day today and have been sitting at the computer working on a book and keeping popping in to follow this thread.
January 29th, 2009 at 8:42 am
A big area of luck is, some people are passionate about doing things you can get paid a lot of money to do, and some people aren’t. The person who is driven to be a social worker may be just as passionate and work just as hard as the person who is driven to be a software engineer, but the lifestyle isn’t going to be the same.
January 29th, 2009 at 8:44 am
I like it - if you can’t live with the way things are - get out and make your own luck.
January 29th, 2009 at 8:47 am
@Steph
Good point. It isn’t luck but LIFE. People who believe in luck often seem to have a tally sheet of *bad* luck and *good* luck, like it’s a score and you win if you have one or the other. It was *bad* luck that your partner was in an accident and *good* luck that the injuries weren’t more serious. Beyond that it wasn’t luck, but circumstances, most of them a compilation of decisions and opportunities which I don’t consider luck at all.
Bad things happen, good things happen. Luck exists in the form of chance. But many people seem to use it as an excuse why something isn’t their fault/responsibility. But what is IS, jump in and do what needs to be done.
January 29th, 2009 at 8:54 am
I came across a very similar article few days ago. The author talks about the same 90/10 principle.
http://www.boreme.com/boreme/funny-2006/principle-90-10-p1.php
Good discussion!
January 29th, 2009 at 9:05 am
So true!
If you see misfortunes and misfortunes they’ll become bad luck. If you misfortunes and opportunities they usually become good luck.
I think it’s often more about personal resposibility and drive. Some people don’t want to take responsibility for the consequence of their actions, it’s easier to blame bad luck. Others don’t want to work hard and invest in themselves to make their lives better so they blame it on bad luck, not bad personal management.
January 29th, 2009 at 9:07 am
I believe this more and more each day. Luck, positive thinking, opportunities all have been playing in my mind for a while now. I’m enjoying the process. We have built in an emergency fund and as such “bad luck” things haven’t derailed us. We have found our strengths and have maximized them. WE have also found joy. We are “lucky”
Thanks for the article
January 29th, 2009 at 9:17 am
I believe a lot of luck lies in positioning yourself to take advantage of opportunities. I wrote about digging myself out of $20,000 in credit card debt in one year, I freely admit luck played some part in making that happen. But it’s not the kind of “blind luck” associated with gambling or playing the lottery. I went to college, got a degree, worked hard and built up a good reputation in my field. I was able to use those skills to negotiate a signing bonus and large raise when another company was desperate for my help. I was lucky that another company really needed me, but if I hadn’t put in the work beforehand I never could have taken advantage of the opportunity before me. The unprepared will always appear to be “unlucky”.
January 29th, 2009 at 9:23 am
I totally agree that having an acute sense of awareness will often lead to a prosperous result, thus the association of luck.
If you were to ask people to define ‘luck’, I would be surprised if there were similar answers. I would expect many people would encompass their own personal experiences to derive their own thoughts on ‘luck’ or what being lucky means to them.
‘It’s better to be lucky than good’ as the saying goes in poker.
Stupidly Yours,
Matt
January 29th, 2009 at 9:34 am
I think there is a difference between luck and simply improving your situation. I don’t believe you make your own luck at all. I believe you improve your situation and increase the probability the outcome will be what you want. Many people think they are unlucky, because they simply do not shape their environment to better themselves. Luck is by chance that has no bearing on anything that you do.
January 29th, 2009 at 9:43 am
Hmm… I think there IS luck, i.e. a set of circumstances just coming together without an innate logic behind this being so. But I agree that recognising, and then following up on, opportunities is a BIG factor in the lives of so-called “lucky” people.
I also think that this is what Napoleon Bonaparte meant when he asked of his officers due for promotion to general: “Does he have luck?” Spotting opportunities is surely a major ability needed by a senior military officer.
The opportunity-recognition thing was drilled into me by my mother, along with going the extra mile (or two, or three, if needed) to follow up on them. I guess a real piece of luck in my life was to be born to such a mom (who was widowed early, btw, and raised me on her own.) A lot of my personal luck had to do with simply learning of a job or a public or private programme (anything from scholarships to housing), and then mailing off an application. The rest of the edge comes from not following the herd, particularly in terms of personal finance.
But people usually refuse to believe it was that easy, mostly I think as an excuse for themselves to not even research these things, never mind following them up.
January 29th, 2009 at 10:02 am
Make your own luck is what I say. You need to be open to opportunities to be lucky. Luck seldom falls in your lap. It’s often a result of seeing the opportunity and taking it before it gets away. Great post!
January 29th, 2009 at 10:25 am
I guess I need to have a better attitude to win the lottery. Yep. No such thing as random chance.
January 29th, 2009 at 10:39 am
This is an excellent and well timed post! Right now there are so many opportunities to be either totally afraid or totally engaged, and obviously engaged is the better way to go.
My teacher (I’m a singer) has a saying that you have two choices at every challenge: Shame or talent. You could also say death or life, no luck or luck, faithless or faithful, 0 or 1, off or on etc.
We always have the choice!
January 29th, 2009 at 10:50 am
1000 percent true. I have always believed we make our own luck. After turning our hurricane katrina disaster into a new happy life, I believe it even more.
I once had a friend who thought everything was just handed to me and that I was super lucky. she never saw the adversity. I didn’t have any fewer obstacles than she did, she would just give up, or freak out and make bad decisions.
Your luck is the culmination of all your little decisions.
January 29th, 2009 at 11:13 am
Yes, it’s true that hard work makes people seem more lucky, but it’s also true that actual, honest to God chance does affect people’s lives in very real and significant ways. It’s important to remember that for the sake of both humility, and for keeping one’s own failures in perspective. It’s not an either/or thing between chance and will.
January 29th, 2009 at 11:24 am
Another perfectly good stand-in for good luck is good connections. Is it luck when you find out through back-channels about a perfect job opening? Or meet a future friend or spouse? In my opinion, not so much. It’s the result of time spent connecting with people, being genuine, and offering value. So many “lucky” events revolve around personal connections that have been cultivated over time.
I’m also in the camp that will not be cutting my insurance anytime soon. No matter how awesome I may be (and let me tell you, I can be pretty awesome at times…), I can’t control everything, just my response.
January 29th, 2009 at 11:26 am
Lottery… Let’s see. I put $5 a month into Powerball tickets for 20 years - that’s $1,200 spent for 1,200 tickets. According to Justlottery.com, I have hit the odds for 1.5 ‘3 Matched’, we’ll say twice, for $14 paid out. Probably haven’t hit the 1 in 195 million chance for Grand Prize.
Or that same $5 invested at 4% over 20 years turns into $1,839.99.
I’d say I made my own luck by not buying into the ‘I need to win the lottery to get rich’ mentality, and not buying lottery tickets…
January 29th, 2009 at 11:40 am
@ JD Comment #29
But you DID have a role in getting rear-ended. You couldn’t have been rear-ended if you had not been driving. You know that it is dangerous to drive, and you chose to take that risk. There are many things that can be done to reduce that risk: batch errands, order online, ride the bus (risky, but less so). You created the OPPORTUNITY for that bad luck to happen to you. It would be less likely to happen to someone that doesn’t drive. (And, yes, other things could happen to that person. But that is a different set of risk/reward. To the bus rider whose bus gets hijacked, the same rules apply).
January 29th, 2009 at 1:07 pm
Actually, at the level Erica (#21) is talking about, J.D. is 100% responsible for the accident. This is a level of spirituality, not what we normally consider reality. At that level, some dissatisfaction of J.D.’s (that Cooper) invited the world around him to help get rid of his current car, thus allowing him to move forward to what he truly wants. In fact, I’ve been waiting to hear him mention an accident since I caught the running theme of the Cooper.
It’s your choice what to believe, but there certainly are levels of reality that we can’t perceive. UV light for instance - you can’t see it, but it can give you a burn nonetheless. Okay, bad example in Oregon… As one friend asks me - if you don’t believe what you can’t see, why do you pay your electricity bill?
I think I’ll continue these musing on my site and not distract from this topic any further…
January 29th, 2009 at 1:12 pm
As interesting as the conversation about luck is, I think it is also important to get specific and look at it in terms of “getting rich slowly”. Part of getting rich slowly is being financially prepared for both bad luck and good luck (hence forth referred to as ‘chance’ to disassociate from preparedness).
This ties back to a post a couple weeks back about emergency accounts and where/how to keep that money ready. If you keep a credit account rather than cash for an emergency account you are more exposed to the chance of both having an emergency and the credit account closed at the same time.
On the flip side if you have the chance to take two steps forward by taking one step back (like starting a business or taking a lower paying job with a start up) financial solvency gives you the opportunity to take time off or take a pay cut.
In both of these instances the chance could lead to your bad luck being reduced and good luck enhanced by your financial preparation by following the principals of GRS.
On another note I would like to point out how open to interpretation a person’s *fault* is in a situation. Des pointed out how when one is the victim of an accident one has a responsibility for being in that place at that time. Just because one didn’t KNOW what the outcome would be of an action doesn’t absolve one of the responsibility for that action. At the same time you can’t hold the victim just as responsible as the perpetrator if there was no reasonable way to foresee the outcome.
It is the law of unintended consequences and reminds me of a Thomas Sowell quote I keep in my office: “Half of the harm that is done in this world is due to people who want to feel important. They don’t mean to do harm–but the harm does not interest them. Or they do not see it, or they justify it because they are absorbed in the endless struggle to think well of themselves.”
I think that applies for harm to ourselves as well as harm we do to others. We want to absolve ourselves of blame of bad and grant ourselves credit for the good.
January 29th, 2009 at 1:58 pm
Wow #21 Erica…good luck with that. Umm…I guess you are an atheist also. We are responsible for our actions, however they are planned and supervised by a higher power. I’m not trying to convert you, but no insurance?? That is extremely risky and I hope you don’t have that attitude with your kids (if you have any).
January 29th, 2009 at 2:44 pm
Which is it?
January 29th, 2009 at 2:58 pm
I agree JD…but what about the people with the good attitude that still get clobbered. We all know that happens too. My sense is that, like anything, its not all or nothing. My experience tells me that we do have to learn to make lemonade out of lemons. Attitude is great but not a cure all.
January 29th, 2009 at 3:19 pm
I may not have been clear: I’m not saying it’s all or nothing. I’m well aware that many people get dealt crappy hands that they cannot overcome. For most of us, though, our attitude plays a greater role than our circumstances. Not all of us, but most of us. For some, fate is fickle friend. For others, she brings unexpected (and, possibly, undeserved) fortune. But for most of us, our destiny is in our own hands.
January 29th, 2009 at 4:12 pm
bill gates once said that the biggest contribution to his success was luck.
knowing the history of bill gates and microsoft, i totally agree with bill gates’ statement.
luck do play a large part in our lives.
i am 5′8 and although i want to play pro basket ball like kobe bryant. there is no way i can be kobe bryant even if i practice 16 hours a day.
we do have control over our life but dismissing luck totally is just simply foolish.
January 29th, 2009 at 4:32 pm
@rubin
The point is that with the bad luck that you could never play pro-ball some people quit. Obviously you can’t be happy or successful if you can’t play pro-ball, right? So bad luck has condemned you to a life empty of money and full of misery. Some people think that way, or at least hint at it. Why try if luck is against you? When *luck* closes a door do you stare at the closed door or find an open window?
January 29th, 2009 at 4:32 pm
by the way, dos which made microsoft successful was purchased by bill gates from 2 guys in seatle. these 2 guys in turn copy dos from dr dos which was originally developed in california.
January 29th, 2009 at 5:28 pm
JD, did you ever think this topic would start a commentroversy? There seem to be people on both sides who are having a very visceral reaction to the article summary you presented.
I read the whole article and think it was great idea to link it from GRS. I am firmly in the camp of “prepare for opportunity,” and also in favor of using bad events, bad decisions, or bad circumstances as learning experiences.
It is always interesting to drop in here! Maybe you should give your readers an assignment … something along the lines of, list five “good” and five “bad” things that have happened in your life (event, decision, circumstance) and describe your reaction and the consequences. Some of the reactions in the comment cloud today are very revealing.
January 29th, 2009 at 5:46 pm
I think that attitude does play a role in how we perceive luck- if I am having a good week I am more inclined to be aware of and remember “lucky” occurances- arriving at the bus stop at the perfect time, the rain starting only as I get in my front door.
If however I am feeling like the heavens already have it in for me I notice the spilt tea, or remember the driver that cuts in front.
Another example- I have a chronic medical condition which requires a fair number of prescriptions and rather unpleasant, invasive investigations every few years- am I unlucky to have this condition, or lucky that I don’t have something worse? It really depends on the type of day I am having.
Although I see that according to Erica @ 21 I brought this all on myself!
January 29th, 2009 at 5:57 pm
I hold with the idea: “Luck is what happens when preparation meets opportunity.”
This means several things for me:
1) Knowing what opportunities you are looking for. I’m on my annual “So, what kind of work would be a better fit for me” quest. I think too many people never step back and figure out what they really want. If you don’t know, then how will you spot an opportunity when it bites you?
2) Being prepared to take calculated risks to achieve success. Be financially sound. Practice your craft. Meet people who can help you and vice-versa. Learn all you can.
3) Being prepared to succeed at the new opportunity. Practice if you can, talk to mentors, learn all you can.
4) Being willing to fail (or at least, make some big mistakes), then learn from the failures to do better next time.
5) Repeat.
Too many people aren’t willing to do the preparation, set themselves up financially, risk failures, and just plain work hard. Those are the people who tend to use “luck” as an excuse for what they settled for.
Yeah, I’m lucky (US-born, white, middle-class, well-educated, healthy, etc), but I could easily have ended up in a far less fulfilling place, had I not taken a number of risks.
And seriously, I tend to regret the opportunities I didn’t take because of fear and “bad timing”, instead of the ones I took and didn’t succeed at.
And JD — I get what you meant about taking something productive out of Sparky’s death. When my aunt died of cancer and I flew 2000 miles to attend her funeral, I took the opportunity to meet my new nephew. I called that “making lemonade” out of the bitter/sour situation. Sparky sounds like the kind of person who would cheer you on.
January 29th, 2009 at 6:30 pm
I believe that there is no such thing as luck. You must know what it is that you want to do and when an oppurtunity appears you must be prepared to not only open that door but also walk through that door with an abundance of confidence in your ability.
January 29th, 2009 at 6:50 pm
Luck: an unknown and unpredictable phenomenon that causes an event to result one way rather than another
It is, by definition, not something you make yourself. If it’s predictable, it’s not luck.
Let me give you three scenarios as an example:
1) The captain of a ship runs aground on a shallow spot marked on his chart. The shallow spot happens to be sandy, and no damage results to his ship. At high tide, he floats off the bottom and sails away.
2) The captain of a ship runs aground on a shallow spot marked on his chart. The shallow spot is sharp rocks, they puncture his hull, and his ship sinks.
3) The captain of a ship reads his charts ahead of time, and goes around the shallow spot. He never runs aground.
Now, based on the way I use the word “luck”, the first captain was a lousy captain but lucky. The second captain was a lousy captain but unlucky. The third captain Was a good captain, and as a result we don’t know if he’s lucky or not, because he didn’t test his luck.
I don’t know how other people use the word “luck”, but I use it to mean “a measure of the favorability of the outcome of a random event”.
I don’t believe that people are in general lucky or unlucky, but individual events will have lucky or unlucky outcomes.
January 29th, 2009 at 8:32 pm
“Illnesses and deaths aren’t [an accident], either.”
Gosh, Erica, what a horrible thing to say. I’m sure the lady I know with MS invited the loss of control over her body and the rapidly oncoming loss of her dignity somehow. And those people who are diagnosed with pancreatic cancer in their 40s and die after horrible suffering in less than a year? Clearly they should have worked harder on being…non-cancery. Really, you should try telling that to their faces. I’m sure they’d appreciate your wisdom.
January 29th, 2009 at 9:16 pm
J.D.–If I recall, you said you didn’t believe in The Secret a while back. Just wanted to point out that these are the same concepts. How we approach our lives drastically impacts what happens in them. I think almost everyone can agree on that.
Shirley
January 29th, 2009 at 11:11 pm
Shirly: not the same concepts. The Secret is all about believing stuff will happen, and if you believe hard enough it will. The Secret has people saying, “I just thought about checks coming in the mail — and they did!” It also has people saying, “The victims of the Holocaust somehow willed it upon themselves.” I find both statements ludicrous.
There are external forces that we cannot control. But I believe that by maintaining a positive attitude, and by making the best of your situation — taking real action on your beliefs, not just sending your thoughts out to some cosmic vibration — you can create your own luck…
Also, for those debating the definition of luck: I’m not a big believer in the traditional concept of luck, which is probably why my use of the word is so nebulous. Sorry.
January 30th, 2009 at 2:32 am
Late to the party, here, but all of this was summed up most succinctly and elegantly by Louis Pasteur more than 100 yrs ago: “Chance favors the prepared mind”
January 30th, 2009 at 4:29 am
J.D.–Don’t want to get into a big debate, but the folks who speak on The Secret apeak about taking action, not just wishing. But, one has to be able to believe good things can happen first (e.g., Obama’s, “Yes, We Can.”) I can’t even begin to defend anyone who says things like that about the Holocaust victims bringing it upon themselves. However, I do believe in a lesser way that when we take on a victim mentality we attract more of that type of thing. But back to the basics, most people don’t just get motivated or take an action and things start happening. They think positive, they take an action, they see results and the cycle repeats. When you became debt free over time, imagining and believing it was going to happen had to be a big part of the equation. That’s all I am saying.
Shirley
January 30th, 2009 at 4:37 am
Yeah I don’t see this and The Secre being in the same vein.
I was just thinking about this stuff as I reflected on my current job. I wanted to get into advertising for the longest time (couple of years) and it just wasn’t happening. Then I got this job as a “financial blogger.” Which, OK, it was better than the job I had before.
Then that magically morphed into a agency-ish job. As soon as I saw that possibility I went after that little bit of daylight hard and here I am. Doing advertising.
Lucky, lucky, lucky. But I was also ready.
January 30th, 2009 at 8:17 am
So how to explain Luck with Lottery ?
January 30th, 2009 at 9:59 am
Luck is only what you preceive it to be.
January 30th, 2009 at 10:52 am
They’ll do it every time the economy goes south. It’s not the state of the economy, we’re told, it’s not one’s location, one’s life circumstances or just plain random chance. It’s YOUR attitude. It’s YOUR willingness to WORK HARD. And if you fail, it’s YOUR OWN FAULT. And remember, anyone can get rich!
People do overcome adverse circumstances, some rather splendidly. The right attitudes can help a lot, as can knowledge of one’s circumstances and options and how to make the most of them. But to suggest (yet again) that survival in a depre– excuse me, recession is simply a matter of will power, or that chance and circumstance have nothing to do with one’s chances of success? Please, give me a break! These myths fly in the face of every business principle.
January 30th, 2009 at 11:47 am
The lottery isn’t about luck, it’s just statistics and (long) odds. Someone will win eventually and everyone else will lose, every time. A person doesn’t win because he or she is lucky but because they have the correct, randomly selected winning numbers. “Lucky” is semantically null. If one must be lucky prior to playing the lottery in order to win, then why do “unlucky” people play (the vast majority who lose over and over yet continue to play)? If winning proves that a person is “lucky” then the result defines the quality! And if you really want to belabor the point, look at the bankruptcy statistics for lottery winners - much higher than the general population.
Quit looking at the lottery as a matter of luck and call it what it is: the Bad Math Tax.
January 30th, 2009 at 2:49 pm
This concept reminds me of some articles from my grad school days (background in rhetoric). A fellow named Lloyd Bitzer argues in “The Rhetorical Situation” that certain situations force rhetors into action - he calls such situations exigencies.
Then, in another article by Richard Vatz called “The Myth of the Rhetorical Situation,” Vatz argues that rhetors describe situations in ways that make action seem inevitable when it isn’t. There you go - reactive v. proactive, it’s the way of the world.
January 31st, 2009 at 2:50 pm
You know that it is dangerous to drive, and you chose to take that risk.
Nice. I bet you’d be a hit at a crisis-counseling line. “Well, ma’am, you CHOSE to be raped. You know that it’s dangerous to become involved in romantic relationships with men….”
This kind of attitude (you make your own luck, you ‘chose’ to have bad things happen) is called “defensive attribution”. If I always blame the victim, then on some level, I am reassuring myself that bad things cannot happen to me, because you don’t have those things happen unless you choose to take certain actions; therefore, I will choose not to take those actions and will be perfectly safe.
Yes, we make our own attitude, and preparation is important for opportunity. But it’s really tiresome when “you make your own luck” is used as an excuse to ignore when we HAVE been lucky, and perhaps even undeserving. It’s a lot easier to prepare for opportunity when opportunity comes thick and fast to you.
February 1st, 2009 at 2:29 pm
People will sometimes say to me: “You are so lucky!”
And every time I say “Luck had nothing to do with it.”
Some people smile and nod but most just look confused..
February 1st, 2009 at 10:33 pm
“But the larger point remains: Though we cannot change the hand we’re dealt, we can choose how we play it. Too many people fold when they could keep playing…”
This is so true! I love this post, I really do. It’s easy to sit back and think that everyone else gets lucky but ourselves. My family has a saying, in fact, that if it weren’t for our bad luck, we wouldn’t have any luck at all. For my part, I realize that is somewhat self-defeatist and I’ve been working on turning that sort of negative attitude around. I’m trying to be more positive. I’m trying to play my hand in a better light. But, I’m naturally a negative person - partly because of my upbringing and partly because of habit. So, the turning a crappy day into a positive experience is TOUGH! Thanks for sharing this article and Dr. Wiseman’s blog! I’ll be reading through for more tips!
February 2nd, 2009 at 5:00 pm
Interesting comments, and I totally agree with this: Luck is what happens when preparation meets opportunity.
My husband lost his job last month. Unlucky right? After I wallowed for a couple of days, we started looking around.
There were plenty of jobs, but my husband isn’t qualified - no tertiary education, just 20 years experience.
We put in 4 weeks of hard work. Applied for every job going, spent all day on the phone to people and travelling to interviews.
From the time we started looking for work, to now, we’ve changed his career 3 times. We’ve enrolled him in external tertiary education. He’s contacted every boss he’s ever had for references and had to deal with one of his most recent bosses (as in the last 6 years) giving him a bad reference because “he left us in the lurch” Apparently 6 weeks notice isn’t enough. We’ve spent days claiming unemployment, arguing with insurance companies over income protection insurance that wouldn’t pay out, administrators that can’t pay entitlements, and assorted government departments over the illegal acts of the company he worked for.
This week he got a job doing something he couldn’t have imagined 12 months ago. In a location we want to be. Paying more than he was earning before. Doing work he wants to do.
Was he unlucky to lose his job? No way. Two months ago I wouldn’t have disagreed with you if you’d said we were unlucky, but now I consider us extremely “lucky” it happened then, because our economy (in Australia) in six months time will have thousands and thousands of people looking for work.
When it happened I spent a lot of time reading about how people cope with redundancies, and invariably people end up better off. When I read that I changed my attitude. That would be us. We would end up better off.
We looked at other opportunities. Other locations. Through hard work and perseverance it now looks like we will be getting a payout from the company. I have a business starting up, and he has a job that will keep a roof over our heads and food on the table and the job satisfaction he has been chasing.
Are we lucky? Maybe. Maybe too we were just prepared to take advantage of any opportunity that presented itself.
August 26th, 2009 at 8:38 am
The concept described in this post is one that I have been struggling with recently. My husband and I are quitting our well-paying stable jobs very soon and leaving to travel around the world beginning in mid-September for a year or so. Often, we get the comment that “we are so lucky” to be doing this. But, luck had absolutely nothing to do with our round-the-world trip — we scrimped and saved and are doing this trip debt-free with money left in the bank for when we get home. We deliberately planned our career goals so that we could manage to take a career break and so my husband could continue doing contract work while we are abroad.
When I expressed my irritation about how people call us “lucky” on our blog, other long-term travelers responded that they, too, are viewed as being lucky even though they sacrificed much to be able to travel in this way. There is certainly such a thing as “happenstance” or “accidents” over which we have no control but choosing a way to live—whether working at home or traveling long-term—is the product of a self-made luck.
November 19th, 2009 at 6:24 am
I believe much of the “luck” in business,and other areas of life, happens for people who are more in tune with their “gut feelings.” As J.D. mentions, Gladwell had it right when he said our first instincts are usually right. However, most of us have been taught to analyze things, sleep on decisions, avoid risk,etc, and so we miss the window of opportunity. While some analysis is prudent, sometimes you just have to go with your gut.
Preparation is also key, as we have to stay in the right frame of mind to make these gut-feel decisions. Like golfer Gary Player said, “The harder I work, the luckier I get?”