There’s No Such Thing As Luck In Business

There’s No Such Thing As Luck In Business
By Howie Nestel
Business Features Editor
SA Monthly Magazine
March 2023

Many people believe in the power of luck when it comes to achieving success in business. They attribute their accomplishments to being in the right place at the right time or having good fortune on their side. However, I do not believe in relying on luck as it pertains to business.

Success in business is more often a result of hard work, dedication, and a strategic approach. While “luck” may play a role in some situations, relying solely on luck is, most certainly, not a sustainable strategy for achieving long-term success. Instead, successful businesses are built on a foundation of careful planning, diligent execution, and a willingness to adapt to changing circumstances.

Furthermore, attributing success to luck can be detrimental to one’s mindset and motivation. If someone believes that their success is due solely to luck, they may become complacent and stop putting in the effort required to maintain that success. On the other hand, recognizing the role that hard work and strategic planning play in achieving success can motivate individuals to continue striving for excellence as they reach for that brass ring.

Suffice to say, that while luck may occasionally play a role in business success, I say, don’t count on it. Instead, focus on building a strong foundation of hard work, making smart decisions, having a focused dedication, and planning strategically to achieve those goals proven to maintain long-term success.