Luck and Effort Both Play a Role

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Success is a combination of luck and effort. Many successful individuals attribute their achievements to both luck and hard work, emphasizing the importance of grit, passion, and perseverance. It's a mistake to dismiss the role of luck or effort entirely, as both are critical. When asked about the balance of luck and effort in their success, individuals who acknowledge the role of luck display humility and a realistic understanding of their journey. Some successful leaders, like the founder of Qualtrics, are open about the significant role luck played in their success, demonstrating humility and gratitude for the fortunate aspects of their achievements.

Do you really deserve the credit for your accomplishments? Should college admissions be determined by lottery? And how did Mike’s contribution to a charity auction change his life?

SOURCES:
- Warren Buffett, investor and philanthropist.
- James Flynn, political philosopher at the University of Otago.
- Robert Frank, professor emeritus of management at Cornell SC Johnson College of Business.
- Rogé Karma, staff writer at The Atlantic.
- Nicholas Lemann, professor of journalism and dean emeritus at Columbia Journalism School.
- Daniel Markovits, professor of law at Yale Law School.
- Charles Munger, investor and philanthropist.
- John Rawls, 20th-century legal and political philosopher.
- Guy Raz, creator and host of How I Built This and Wisdom from the Top; founder and C.E.O. of Built-It Productions.
- Michael Sandel, professor of government at Harvard University.
- Martin Seligman, professor of psychology at the University of Pennsylvania.
- Ryan Smith, founder and executive chairman of Qualtrics; owner of the Utah Jazz.