Return on Luck

I continue to be intrigued by Jim Collins and Morten Hansen’s ideas on “Return on Luck.” Now comes a longer piece in the New York Times: What’s Luck Got to Do With It? If you haven’t already begun reading their new book, Great by Choice,  you can read further about their idea in the article.

My summary in a earlier post focused on the importance of the “who” in luck. I continue to value my trusted advisors who have helped me make important decisions.

What is your perception on what luck has to do with it? Is luck important or do other factors weigh more heavily? Do you make the most of the chances you’ve been given?