advice

I believe that there is a difference between luck and good fortune.

Luck is the result of random chance. We may have good luck, but this is not something we can rely on.

In fact, if we factor luck into any decision we make, we will be sorely disappointed in the long run. The odds are against us.

Being fortunate may seem the same as being lucky, but there is a key difference. Good fortune often comes to those who position themselves to be in place when opportunity strikes.

We have some level of control over our good fortunes. We also bear some responsibilities for our misfortunes when things don’t work out.

The key is to stop thinking that luck is anything more than gambling with our fates. We cannot build a business on luck, but we can position ourselves in fortuitous ways.

Today we delve deeper into the differences between lucky and fortunate.