Luck.
Even with all the smarts and guts, you don't get the glory without some luck. Requisite elements of fortuitous timing, serendipitous encounters, or inexplicable higher connections come in handy. Yes, people can create the circumstances for luck, but that should not discount the value of Lady Luck's gracious blessings. Recognizing that luck is part of the success formula helps maintain the necessary and important humility during the entrepreneurial journey and beyond. Circumstances beyond one's control will always occur. Accepting this vulnerability and understanding that sometimes you just need the cards dealt in your favor is necessary to maintain the conviction, courage, and momentum of entrepreneurial enterprises. As I think back on the ups and downs of my prior entrepreneurial experiences, I am certainly grateful for my kismet being on the right side more often than wrong. The central philosophy of my investment firm, Cue Ball, is that human capital trumps everything else out there. We consistently say it is all about the people, and we would take a B business plan with an A team over an A plan with a B team any day. And in that A team, there's likely to be a good triple dose of SGL. What about you? Have you seen any other key traits necessary for entrepreneurial success?
Even with all the smarts and guts, you don't get the glory without some luck. Requisite elements of fortuitous timing, serendipitous encounters, or inexplicable higher connections come in handy. Yes, people can create the circumstances for luck, but that should not discount the value of Lady Luck's gracious blessings. Recognizing that luck is part of the success formula helps maintain the necessary and important humility during the entrepreneurial journey and beyond. Circumstances beyond one's control will always occur. Accepting this vulnerability and understanding that sometimes you just need the cards dealt in your favor is necessary to maintain the conviction, courage, and momentum of entrepreneurial enterprises. As I think back on the ups and downs of my prior entrepreneurial experiences, I am certainly grateful for my kismet being on the right side more often than wrong. The central philosophy of my investment firm, Cue Ball, is that human capital trumps everything else out there. We consistently say it is all about the people, and we would take a B business plan with an A team over an A plan with a B team any day. And in that A team, there's likely to be a good triple dose of SGL. What about you? Have you seen any other key traits necessary for entrepreneurial success?
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