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Personally, I think there's a Luck component separate from Opportunity that needs to be factored as well. You can start with a great opportunity and get absolu
by mdorazio 5y ago
Personally, I think there's a Luck component separate from Opportunity that needs to be factored as well. You can start with a great opportunity and get absolutely destroyed or outlandishly rewarded by bad or good luck separate from anything you do (ex. COVID destroys one kind of business while pushing another through the roof). Something like...
Success = Hard Work * Opportunity^2 * Luck
- ryandrake 5y agoThis equation's better but you need to factor in "starting point" as another poster put it. Consider person A and B, with the same hard work, opportunity, and luck. If person A starts out with a $10M trust fund, he will have more success. Success = (Hard Work + Head Start) * Opportunity^2 * Luck
- dougmwne 5y agoI would personally lump both head start and luck into opportunity. Opportunity can come from many things. It basically just means an open door instead of a locked door. I think it encompass all environmental factors such as class, education, upbringing, genetic lottery, connections, support network, citizenship, gender, ethnicity, economy, unsolved problems, unaddressed needs and on and on.