Time and Luck

Success is attributed to a combination of time, luck, hard work, and being at the right place at the right time. Qualifications and hard work are essential, but timing plays a significant role. An individual's success story often involves being in the right place at the right time, like founding a virtual company ahead of its time and benefiting when the market conditions align. Despite hard work and qualifications being the 'price of admission,' true success may come from seizing the opportunities presented by favorable timing. Financial strategies like focusing on net income over revenue growth and controlling expenses as a company scales are crucial for sustainable growth and avoiding potential failures.