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"Successful founders have a healthy vision of what they can control and what they can't, and they try to maneuver their companies into a position to succeed bas
by mgkimsal 11y ago
"Successful founders have a healthy vision of what they can control and what they can't, and they try to maneuver their companies into a position to succeed based on the state of the world as they see it at the time. What looks like luck from 30,000 feet was actually the result of a concerted effort day-in and day-out, usually over the course of years, to put themselves in a position to succeed"
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Isn't calling something a "healthy vision" also a post-hoc explanation of events? I see people putting in "a concerted effort day-in and day-out... to put themselves in a position to succeed" but they generally don't know ahead of time all those factors necessary, so after several years of not succeeding... what did they do wrong?
Each path to 'success' at the level most people think of it, with respect to deca-millionaire levels of wealth - generally doesn't appear to be reproducible at all.
- dasil003 11y agoThe difference that I'm trying to highlight is that calling something "luck" takes away the responsibility of the actors. This is a dangerous mentality for a founder, because their own actions and decisions are all they have in the pursuit of success. > I see people putting in "a concerted effort day-in and day-out... to put themselves in a position to succeed" but they generally don't know ahead of time all those factors necessary, so after several years of not succeeding... what did they do wrong? They took wrong actions in pursuit of their goals. Whether they can pinpoint specific actions is up to the individual, and ultimately it's a guessing game. But to throw your hands up and declare luck is a weak-minded excuse—certainly we must acknowledge that given infinite possibilities, success was possible, they just didn't find the right path.
- ElComradio 11y agoLuck is a necessary but not sufficient condition. Any success story that does not acknowledge that some level of unforseeable fortune contributed to the success is someone deluding themselves, or trying to mislead you, possibly to sell you a book.
- timr 11y ago"calling something "luck" takes away the responsibility of the actors. This is a dangerous mentality for a founder, because their own actions and decisions are all they have in the pursuit of success." On the other hand, I've met plenty of depressed, completely delusional startup founders who were convinced that their business failure meant that they did something wrong, because hey...it's never luck, right? You're setting up a false dichotomy: it's possible -- essential, really -- too acknowledge that luck plays the most important part in any startup. You still have to maximize your chances of getting lucky, and that's the part you can control.
- mgkimsal 11y agoI'm not sure why calling something "luck" is weak-minded but having "a guessing game" is fine.