What’s Luck Got to do With It?

In a recent post by my buddy @jamesoliverjr, founder of WeMontage, he asked if successful entrepreneurs are just lucky. He concluded success boils down to luck, and he is not alone.

From a distance, some success stories defy logic, but a consistent pattern emerges upon closer examination. This is true for a number of successful entrepreneurs and peak performers of all types.

luck
photo credit: wilhei55 via photopin cc

Let’s see if we can uncover this mystery by dissecting one of these “lucky” individuals. For this experiment, Bill Gates is the perfect specimen.

So, what is the pattern?

Obsession

Many talk about following your passion but the ultra successful have something closer to obsession. To understand the difference, study the lyrics of the 1980s hit “Every Breath You Take” by The Police:

Every breath you take

And every move you make

Every bond you break, every step you take

I’ll be watching you

 

Every single day

And every word you say

Every game you play, every night you stay

I’ll be watching you

 

Oh can’t you see

You belong to me

How my poor heart aches

With every step you take…

 

Clearly, this guy needs a restraining order.

A passion is something you love but can do without, while an obsession is something you have to have now and will do almost anything to get. The word obsession carries a negative connotation, but how else would you describe someone like Gates? Judge for yourself.

In interviews, Gates describes his early exposure to programming and how he coded for up to twenty to thirty hours a week in his early teens. While his parents slept, he would sneak out in the middle of the night to code at a nearby university. The fact he did not have permission to use the university computers was not enough to stop him. He needed to code. By the time he was seventeen, Gates logged thousands of hours of programming experience. This during a time when few others had access to computers at all.

Passion? This behavior sounds like something much stronger and puts the next trait on autopilot.

Insane Effort

This is not ordinary effort but painstaking, tedious work that would make most people want to yank their eyeballs out. You would think this obsessed group has a special contract with the universe granting them 30 hours in a day. The difference is they steal time where others kill it. Instead of playing Farmville while standing in line at the DMV, they read, research, plan and write. They start the day hours before everyone else and stay up long after their friends enter dreamland.

Quick Action

An obsession is difficult to hide, because the obsessed become so consumed in the activity. If the need arises for someone with his or her skills, everyone knows whom to call.

This happened with Gates during his senior year of high school when he was asked to work on a project with TRW. He jumped at the opportunity to further pursue his obsession. He spent the spring coding under the tutelage of a much older and seasoned programmer, like the young padawan Sky Walker learning at the feet of Yoda.

Surely, those around him marveled over his stroke of “luck,” but he was not lucky. He was ready!

When opportunities come along, there is no need for the obsessed to get ready or prepare. Preparation happens years in advance.

Balance

Though this group is anything but balanced, they recognize the need to have others around them who are. Gates started Microsoft with Paul Allen, who was three years older and more mature. He later hired his friend Steve Ballmer to manage the business side of Microsoft. Would Gates have been as successful without his team of balancers? We can never know for sure, but I doubt it.

What’s Luck Got to do With It?

Even Gates describes himself as lucky because of the access he had to computers, but his small group of piers had the same access. What they lacked was the obsession.

We can all learn a lot by studying the lives of the so-called “lucky” instead of attributing their success to the alignment of the planets. Then, we need to analyze ourselves to see how we measure up.

If your obsession involves standing outside of Macy’s for hours watching the girl at the counter, seek professional help. If it is a skill or talent with the potential to provide value or solve problems, go for it. But find some strong personalities who can pull your head out of the weeds and provide you with a balanced focus.

Godspeed and I look forward to seeing you in The Players Lounge.

What do you think, is success dependent on luck, or the right sequence of actions? Please leave your comments below!

Derrick Jones
Derrick Jones is a former Marine, serial entrepreneur of three tech start-ups and author of "Presidents, Pilots & Entrepreneurs - Lessons from the Trenches for the Everyday Entrepreneur." In his book, he chronicles what he calls the good, the bad and the ugly of entrepreneurship with key lessons for beginning entrepreneurs. He is a regular speaker at schools and trade organization on the subjects of entrepreneurship, leadership and technology. He mentors aspiring entrepreneurs on his own time and through his volunteer work with SCORE. He also shares his experiences on his blog www.PresidentsPilotsEntrepreneurs.com.

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26 Comments on "What’s Luck Got to do With It?"


Guest
imtiyaz
2 years 3 months ago

Luck is simply – how we 'M'ake use of opportunity and beforehand how we 'P'repared ourselves to undertake opportunity and having knowledge 'W'hen and from 'W'here opportunity will emerge

Guest
imtiyaz
2 years 3 months ago

Luck is simply – how we 'M'ake use of opportunity and beforehand how we 'P'repared ourselves to undertake opportunity and having knowledge 'W'hen and from 'W'here opportunity will emerge

Guest
awovi
2 years 3 months ago

Hi Derrick, your friend James introduced me to your blog because I also wrote a blog post with the same title. I believe There are some things we have no control over but for those we can control, our attitude will determine whether we are lucky or not.

Guest
Cendrine Marrouat
2 years 4 months ago

What a fantastic article, Derrick! I often find myself discussing the secret of success with people who think I am where I am because I spent my time smelling the flowers and watching YouTube videos.

While luck may play a role in helping us take our stuff to the next level, the most important element is indeed obsession.

Without obsession, hard work, and consistency, you will land nowhere. And of course, a hand-picked team of great people who want your success and theirs as much as you do!

Guest
djoneslucid
2 years 3 months ago

So true Cendrine. From a clinical perspective, obsession is a bad thing and points to inadequacy in other areas of one's life according to psychologists. So, I expected a lot of push back on this piece because of the stigma. But the more I dug, the more obvious the pattern. It kept popping up! Some people, Bill Gates included, admit to having an obsession more than a passion.

So, I conclude obsession can be a really good thing if directed at something useful and if there are others involved to provide balance.

Guest
Demian
2 years 4 months ago

First off, how do you define success? I said it in another comment, but I'll say it again: I know people who are lucky and never been obsessed with anything, are lazy. I know people who are obsessed workaholics and are average–even failures.

Being prepared is meaningless if you never get a lucky break.

Luck plays a huge part in our success. You pointed out that Gates was chosen to work for TRW. That's a lucky break for him–and not his peers whom you pointed out had equal access to software. I'd love to be able to say that most people make logical decisions (the hiring recruiter objectively evaluated all of the talent before him), but that's just not true–so much of those decisions are gut–or we have a connection with an influencer we got because we happened to show up at one bar instead of another (because it was closed). That's luck.

I will say this, consistency will make you more successful because you don't give up…how many of us have gotten those lucky breaks but were unprepared for it, only to have a similar situation reappear ten years later when we were ready for it. << But you can't make those opportunities happen.

We are thinking way to highly of ourselves if we think we are the causes of our success, and not recognizing the luck involved. I'll get off my soapbox now. :)

Guest
James Oliver, Jr.
2 years 3 months ago

BOOM! That's exactly the point I was trying to make in my earlier post here, Demian, when I was on my "soapbox." http://www.steamfeed.com/are-successful-entrepren...

Would love to get your take on it.

Guest
djoneslucid
2 years 3 months ago

Good points Demian and I think you hit on some important distinctions. Being obsessed with something you would do for free is not the same as being a workaholic. Many people are workaholics who do not like what they do. This differs greatly from being obsessed or passionate about something you love.

Gates did not go through an interview process with TRW. Gates used to go to a place called C-Cubed and coded after school for hours. When that company went bankrupt, a company called ISI granted him free computer access in exchange for helping them with a piece of their software. I didn't put this in the article but Gates said, "It was my obsession."

One of the founders of ISI got a call from TRW looking for talent. Gates was the first and only recommendation. This was not luck. This guy put in the work when few others did because he found a "useful" obsession. Something others could benefit from.

As for the definition of success, this is in the context of James Oliver's original question. Success in the monetary sense. Not that this is the only form but it's just the context of this discussion.