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Action Academy | Replace The Job You Hate With A Life You Love cover image

Wealth Wisdom From A $200M Family Office Manager Matt King (CEO Of Gobundance) (VAULT)

Action Academy | Replace The Job You Hate With A Life You Love

NOTE

Exploring Different Types of Luck

Luck can be categorized into four types: luck of the draw, luck from motion, luck from preparation, and luck by mastery. Luck of the draw refers to rare one-off opportunities like winning the lottery. Luck from motion occurs when one takes consistent actions which eventually lead to benefiting from scattered opportunities. Luck from preparation emphasizes the importance of staying ready so that when opportunities arise, one is prepared to act. Luck by mastery comes from mastering a skill or domain, making one so proficient that new opportunities naturally gravitate towards them. The notion of 'magic' often attributed to mastering a craft is in reality the result of hard work, preparation, and the ability to increase probabilities in one's favor.

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