“We are all lucky. If you live in a free society, you are lucky. Luck surrounds us every day; we are constantly having lucky things happen to us, whether you recognize it or not. I have not been any more lucky or unlucky than anyone else. The difference is when luck came my way, I took advantage of it.”
-Sir Richard Branson in The Compound Effect
The Irish, they say, are quite a lucky bunch. One could surmise that this is based on leprechauns per capita or the number of rainbow-forming rain showers throughout each day, but what if there were a formula for luck?
Darren Hardy, author of The Compound Effect seems to think there is such a formula, however, he doesnt think the old adage “Luck is when opportunity meets preparation,” is quite enough. Here is his supplement to that equation:
Preparation + Attitude + Opportunity + Action =☘Luck ☘
Let’s investigate the components of his equation, as they are defined in his book, to understand a little better.
In this case, your preparation is all previous personal growth – everything you’ve done leading up to this point that has shaped who you are as a person. Improving and honing skills, knowledge, expertise, relationships and resources is the only way to be adequately prepared when luck “strikes” you.
This is comprised of your personal beliefs and your mind set – the lens through which you view the world. As Mr. Hardy points out, you can’t see what you don’t look for.
Quite simply, opportunity is nothing more than a good thing coming your way, and more importantly your ability to recognize it.
Recognizing the opportunity presented to you and doing something about it! However your luck came to you, be it karma, the baby Jesus, or whatever other theories you may subscribe to, it means nothing unless you act upon it.
The Irish may have the upper hand in locating pots of gold, but with this formula who’s to say you can’t create a little luck of your own?