A formula for luck

Luck = Time + Place + Awareness + Action

Many people argue that getting lucky is about being in the right place at the right time. To an extent I agree with this. Timing and Context are two very important factors for someone to get “lucky”. However, I do not think that they are the only ones. I think that in order for someone to get lucky they need Awareness and a bias towards Action.

In order to get lucky a person not only needs to be in the right place at the right time but they also need to be aware that they are in the right place at the right time. Many of us might have been in the perfect time and place to start the next big thing but we fail to recognize the opportunity.

To get lucky a person also needs to have a bias towards action. By this I mean that even if the person is in the right place at the right time and with the necessary Awareness they won’t get lucky unless they take action on whatever it is that they could get lucky with. This is pretty straightforward. At a baseball game if a player hits a homerun you might be in the right seat at the right time to catch the ball but unless you’re aware that you’re in the region where the ball will fall AND you extend your hand to catch the ball(over the other kid who wants that ball) then you simply won’t get lucky enough to take a homerun ball back home.

Sorry if that’s a bad analogy. I don’t go to many baseball games but I thought it would be a nice way to visualize my point.

I am not taking this formula as something definitive (although maybe I should). Instead it’s a mental model that tries to capture the elements that produce successful outcomes.

It is, as everything else, a work in progress…