Create Your Own Good Luck

Ever feel like you just need a little “good luck” on your side to do well in business. TechCrunch has a few ideas on how you can create your own.

As Wayne Gretzky says, “skate to where the puck is”. Don’t start a soft drink company competing against Coca-Cola. Start a company in a fast growing industry that has a wide, gaping hole in it. It’s not hard to identify those industries and holes.

Learn how to negotiate.

Nourish relationships. The size of your network increases your luck exponentially. But relationships take Time to nourish.

Passion. Luck will always follow your passion. Warren Buffett was, of course, extremely lucky that his passion was investing in 1950. But almost every passion can be used to make money if you have all of the above.

Photo by Chris Neal

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