My First Million Framework Friday: The Secret to Being Lucky
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Oct 28, 2022 Dive into the fascinating world of luck and risk! Discover the four types of luck and how being prepared can turn chance encounters into golden opportunities. Uncover how building your reputation can attract success, just like early adopters who recognized game-changing trends. Plus, learn about the different levels of risk entrepreneurs navigate, from market uncertainties to execution pitfalls. This insightful conversation will inspire you to embrace risks while enhancing your fortune!
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Luck and Risk
- Luck and risk are crucial for success, but many perceive them as external factors.
- A nuanced understanding of these concepts is essential for entrepreneurial success.
Blind Luck
- Blind luck is pure chance, like winning a raffle; you can't influence it.
- Example: Shaan Puri's cousin gave him raffle tickets, and he won a Dolly Parton painting.
Motion Creates Luck
- Increase your luck by being active and creating opportunities (motion).
- "I've never heard of someone stumbling onto something good while sitting down."