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What aspect of business is "luck"? It's lucky to be born beautiful, athletic, have an amazing voice etc. But even those "lucky" aspects require application. Business requires knowledge, drive, calculated risk, & logical thought at every turn. Literally the antithesis of luck.
I’m talking possibilities, not probabilities. I generally agree that business is about skill, but it is *possible* to be lucky (and not work hard or make consistently great decisions) and still get rich. Problem is that because it’s possible, onlookers assume that much is luck.
I agree there might be the perception of luck, but other than inheritors of wealth, who gets rich by luck? Even if you identify & leverage a new trend, it still required some aspect of skill. I think we have aggressive anti-capitalists convincing people it's all "luck."
I think you're arguing with the wrong person. I'm not a proponent of the "success is luck" idea - I'm just explaining that the reason for that perception in business only (vs sports, etc) is that it's *possible* to get lucky in business, but impossible in others.
There's 4 ways to become rich. 1. Trade your time for money 2. Trade other people's time for money 3. Build something other people trade time and money for 4. Inherit money But if you are number four, the people you inherited it from did one of the first three.
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