It seems like virtually all successful entrepreneurs have at least one story about how they caught a lucky break. They were in the right place at the right time and now they’re rich and famous.
It’s certainly true that luck plays a major role in almost all success stories, but that doesn’t mean that we should attribute success to randomness. Luck doesn’t just happen, it’s manufactured. Here are some ways you can manufacture your own luck:
Get started….now!
Do you know what every lottery winner has in common? They all bought lottery tickets. Obviously I’m not suggesting you literally go out and buy a lottery ticket, but my point is that you can’t win a game if you don’t play.
The first step to success is getting started. You can spend all the time in the world planning and brainstorming, but your business can’t get lucky if it doesn’t actually exist.
Cast a wide net
When you’re fishing, the bigger your net is, the more likely you are to find an area with lots of fish. Finding fish is still somewhat random, but that doesn’t mean that you can’t stack the odds in your favor.
If you’re promoting your business, try as many different avenues as possible. In the end, you won’t care about the thousands of strategies that didn’t work — You’ll just care about the one strategy that did work.
Interact with as many people as you can
Most stories about luck involve getting help from already successful people. If you’re a blogger, your lucky break might be getting a link from a major blog. If you’re in a band, you just need to make friends with the right producer. If you run a restaurant, one positive review from the local paper could be all it takes.
I’m really shy, so I’m not very good at traditional networking, but that doesn’t stop me from interacting with lots of people. I’m working to reach out by posting comments on blogs, contributing to message boards, and participating in social networking sites. The key is to be genuine. People can tell if you’re just trying to sell them something.
So what do you think? Is luck totally random, or is it inevitable if you take the right approach? I’d love to hear what you’re doing to manufacture your own lucky break in the comments. To get you started, I’ll tell you the most recent thing I’ve done to cast a wide net and interact with new people: I just guest posted on this blog.
Great Reads
19 Responses to “How to Manufacture Your Own Lucky Break”
Trackbacks/Pingbacks
-
-
Jun. 06, 2010
[...] This post was mentioned on Twitter by Ryan Biddulph, LessAnnoyingSoftware. LessAnnoyingSoftware said: How to Manufacture Your Own Lucky Break http://bt.io/FMdI [...]




Jun. 06, 2010

Author
I had a professor who always said that luck favors the prepared mind (adapted from a Louis Pasteur quote). It’s since been something that I’ve become a firm believer in. As to what I’m doing, well, I just commented on your guest post…
Tom´s last blog post: The Monday Comic
Tom, that’s a great quote. Thanks for sharing it.
Tyler King´s last blog post: Product Update: Reminders and Improved UI
I really like the analogies of this post.
Taking the first step is an interesting concept to think of. People are so afraid to fail so they never start but if you never start, you’ll always fail.
I also agree that you need to spread your word out to as many as possible – don’t put your eggs in one basket. The more you can get a hold of, the higher chances you’ll have at finding that one break.
Murlu´s last blog post: How To Make An Extra $20 Online Today
Thanks Murlu. I’m reminded of those cheesy posters they put up in the gyms at elementary schools that say things like “you miss 100% of the shots you don’t take”. It’s corny, but I guess that’s true in the startup world too.
Tyler King´s last blog post: Product Update: Reminders and Improved UI
Great great great topic. I definitely believe there is some type of luck at play in business. Many people that are not entrepreneurs just like to say… oh that person got lucky. But they fail to realize the countless hours they spent in manufacturing/creating their luck. I certainly believe networking and meeting people is one way to create your luck. There’s a great book that I read recently, Lucky or Smart, written by Bo Peabody. He founded Tripod, the original web publishing software that allowed anyone to create their own websites. In his book, he basically talks about how he got lucky but was smart enough to realize it.
TeenBusinessForum´s last blog post: Certified Entrepreneur From NVTC Fasttrac TechVenture
That’s a great tip that I didn’t think of. I guess getting lucky is only half the battle. It takes a lot of courage to realize that you got lucky and go all in when an opportunity presents itself.
Tyler King´s last blog post: Help Microsoft Office and Google Docs Users Coexist With OffiSync
There is a technique to making money online.
A lot of people simply believe that ‘luck’ will be the only factor in their business.
‘…I hope someone buys…’
Do you really believe you can run a business like that?
What is needed for this business is hard work and solid understanding.
Most website owners are too desperate to make money immediately.
They do not understand the importance of the the relationship with their visitor.
You’re right Nabeel. Being patient and building trust with your users will definitely maximize your chances of creating “luck”
Tyler King´s last blog post: Help Microsoft Office and Google Docs Users Coexist With OffiSync
In my opinion, sometimes we need some luck in our blogging journey. However, we cannot just depend on luck. We need to put effort on what we wish to do.
Yet, like what you said, luck can be manufactured. I believe it. Thanks for your sharing!:)
KS Chen´s last blog post: MyBlog2Day Contest – $800 Cash Prize and Premium Themes Giveaway
Yeah, luck is a big part of most success stories, but there’s also a lot of hard work that we don’t hear about as much because it’s not as exciting.
Tyler King´s last blog post: Find better alternatives to your current software on AlternativeTo.net
Even though luck is somehow in some businesses success, I don’t think the success of a business is solely based on that. I think the success of a business is based on many things including the points you outlined above, which are great ones
, hard work, determination, planning, and a whole lot of other things
.
I think networking as you said, is a really critical thing in every business’ success
.
Thanks for the comment Shirley. I agree that luck is just one of many things that contribute to success. Unfortunately, advice about hard work and dedication is generally pretty uninteresting.
It’s a shame, but that might be one of the most common misconceptions many aspiring entrepreneurs have. Blog posts (mine included) talk about tips and tricks and shortcuts, and it’s definitely a reality check when you get started and realize how much work is involved.
Tyler King´s last blog post: Find better alternatives to your current software on AlternativeTo.net
Im a firm believer of “you create your own luck” and this article seems to in par with it ! Just sitting in a corner waiting to let the luck hit you is not going to pay off ! You need to get out there and work !Anyway , Great Article Tyler !
Sebin´s last blog post: 5 Alternatives to that E-book you are writing !
Thanks Sebin!
Tyler King´s last blog post: Facebook launches a new mobile site – is this the future of the web?
I agree with Sebin, you create your own luck for sure!
You dont have to be great to get started but you have to get started to be great!
Aaron Darko´s last blog post: Coach Deb Interview – How New Media Is Changing The Way We Do Business
That’s a great quote Aaron. Thanks
Tyler King´s last blog post: Help Microsoft Office and Google Docs Users Coexist With OffiSync
Your absolutely right, whilst planning for your business is good, it is really important to get yourself out there, so you can start promoting yourself ASAP. As for making contacts, it’s a really beneficial way to meet people that could become friends, or even potential customers or business partners! Great blog!
Thanks! You bring up a good point. Even if you are starting a business that needs a lot of planning, you can still get something online like a blog.
Tyler King´s last blog post: 7 tools to help small businesses find online success