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>The key to a success of this type is luck. What an odd mentality. No, the key to success is skill, with effort (grit?) thrown in there as well. Luck can som

>The key to a success of this type is luck. What an odd mentality. No, the key to success is skill, with effort (grit?) thrown in there as well. Luck can sometimes play a significant factor, all else being equal. But the idea that everyone is equally "good" at things, or put in the same effort, and that it's mere chance that success happens to someone is...pessimistic to say the least.

elliotbnvl 6y ago
Not odd – it's a common misconception. But your point is entirely correct.
hota_mazi 6y ago
They're not keys, they are requirements. And soft requirements, on top of that. But luck is a huge component in getting wealthy. Plenty of people with equal skills, equal expertise, and equal hard work never succeed because they don't get the magical conjunction of right time at the right place.
- Aeolun 6y ago
  Look at Facebook. When it was released there were a hundred products like it, but the specific combination of things Facebook did made it super popular. I cannot believe that was due to skill.
  - a1369209993 6y ago
    You have to have a certain baseline of skill in order to not automatically fail, ie in order to be one of those hundred products in the first place.
  - hnlmorg 6y ago
    It's also worth remembering that Facebook pivoted several times before it became what it is now, taking on ideas that worked for other platforms. For example feeds were added after Twitter became popular.
sudosysgen 6y ago
There is no need to assume that everyone is equally good at things, or puts in the same effort. Some people are much better than others at many things, and yet luck is the biggest determinant of success. That being said, it doesn't mean that one shouldn't hone their skills and try to be successful. It's just that it's not likely that you will have such meteoric success no matter the skill or effort you put in. Luck doesn't just play a significant factor, luck almost always plays the biggest factor. But being skillful and putting in effort is the only thing you can change and definitely does help too.
pwinnski 6y ago
Academic studies have repeatedly found that one of the single biggest determinants in success of just about any kind is luck. It is a very common misconception that hard work results in success, or that talent results in success, but that's looking at the successful from the wrong end. It is rare to find someone very lazy or completely talentless among the most successful, so it must be hard work and talent, right? No, because it's easy to find very hard-working and talented people who are not successful. In fact, according to research[0], the most successful are usually not the most talented, but those of mediocre talent and a lot of luck. [0] https://arxiv.org/abs/1802.07068 https://arxiv.org/abs/1802.07068
doc_gunthrop 6y ago
Kylie Jenner was proclaimed the "youngest self-made billionaire" by Forbes magazine. Remind me, what is her skill or talent again?
- HeyLaughingBoy 6y ago
  Making money is quite a valuable skill.
  - doc_gunthrop 6y ago
    Sure, but the "self-made" claim is entirely laughable in this case.

elliotbnvl 6y ago

Not odd – it's a common misconception. But your point is entirely correct.

hota_mazi 6y ago

They're not keys, they are requirements. And soft requirements, on top of that. But luck is a huge component in getting wealthy. Plenty of people with equal skills, equal expertise, and equal hard work never succeed because they don't get the magical conjunction of right time at the right place.

Aeolun 6y ago
Look at Facebook. When it was released there were a hundred products like it, but the specific combination of things Facebook did made it super popular. I cannot believe that was due to skill.
- a1369209993 6y ago
  You have to have a certain baseline of skill in order to not automatically fail, ie in order to be one of those hundred products in the first place.
- hnlmorg 6y ago
  It's also worth remembering that Facebook pivoted several times before it became what it is now, taking on ideas that worked for other platforms. For example feeds were added after Twitter became popular.

sudosysgen 6y ago

There is no need to assume that everyone is equally good at things, or puts in the same effort. Some people are much better than others at many things, and yet luck is the biggest determinant of success. That being said, it doesn't mean that one shouldn't hone their skills and try to be successful. It's just that it's not likely that you will have such meteoric success no matter the skill or effort you put in. Luck doesn't just play a significant factor, luck almost always plays the biggest factor. But being skillful and putting in effort is the only thing you can change and definitely does help too.

pwinnski 6y ago

Academic studies have repeatedly found that one of the single biggest determinants in success of just about any kind is luck. It is a very common misconception that hard work results in success, or that talent results in success, but that's looking at the successful from the wrong end. It is rare to find someone very lazy or completely talentless among the most successful, so it must be hard work and talent, right? No, because it's easy to find very hard-working and talented people who are not successful. In fact, according to research[0], the most successful are usually not the most talented, but those of mediocre talent and a lot of luck. [0] https://arxiv.org/abs/1802.07068 https://arxiv.org/abs/1802.07068

doc_gunthrop 6y ago

Kylie Jenner was proclaimed the "youngest self-made billionaire" by Forbes magazine. Remind me, what is her skill or talent again?

HeyLaughingBoy 6y ago
Making money is quite a valuable skill.
- doc_gunthrop 6y ago
  Sure, but the "self-made" claim is entirely laughable in this case.