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Makes me wonder - is it all luck at some level? After the fact one can look and see - what made all the successes successful? What attributes do they all share? Is it only that they succeeded?


I don't think it's 100% luck. Larry and Sergey liked working on search engines and said "hey, let's make a company". It turned out that other people liked their search engine too, so they made money.

If you have the same passion for something else, that's only half the battle. The other half is making sure your passion aligns with the passion of people willing to give you money. I've come up with a few good ideas in my life that I'd love to do as my "real job", but I know nobody else would be interested. That is why I am not a millionaire :)

Of course, the luck is being able to predict what people will want.


They were lucky they happened upon an algorithm as smart as they did.

They were lucky to get initial funding.

They were lucky to find a great income model.

They were lucky that nobody else took search serious.


Luck is when opportunity meets preparation


I hear what you are saying - I'm just thinking luck is the multiplier - ebay, google, etc - how many other search engines aren't as successful? how many ebays does no one know about? I guess luck is timing to some degree - but its also plain luck. All of the monday morning quarterbacking that goes on seems obvious in retrospect, but the future is still completely uncertain. VC's expect 1 in 10 to fail b/c thats just historically what has happened. If they knew what made the 1 hit they wouldn't fund the 9 losers. I'm just saying, really nothing new I guess, that the business of predicting the future by looking at the past is colored by confirmation bias. What characteristic do all self made men have in common? They took alot of risk. However, thats also the same trait incarcerated bank-robbers have in common. I'm just saying prediction is impossible.

By all means do what you love b/c if it crashes and burns at least you won't have hated the last 2 years of your life.


It would be even better if you were able to share your passion with others and then capitalize on that ensuing demand.

It seems Google may have reached that point when every one of their new products is praised and lauded - they make the market where none existed yet.


Sometimes it's about staying in the game long enough to get your first deal. And I quote, "10% luck, 20% skill, 15% concentrated power of will, 5% pleasure, 50% pain, and 100% reason to remember the name." - Linkin Park

Corny but applicable. :)


Very corny, but it is by Fort Minor which I think has one of the dudes form Linkin Park.




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