TBL Episode 115: The role of luck in your financial success - podcast episode cover

TBL Episode 115: The role of luck in your financial success

Jan 25, 202128 minTranscript available on Metacast
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Episode description

Starting an online business takes a lot of work. Owning an online business that generates a full-time income takes even more work. It is hard work that makes entrepreneurship, especially in the online space, such a meritocracy. If you work hard enough, you will get to where you want to be. But what about luck? What about circumstances? What about chance? There is no question that the year of COVID has shown how much of a role luck can play in a business’s success (be it good luck or bad luck). Hard work can take us far in life, but it’s also important to understand the role luck plays in our businesses so we aren’t comparing ourselves to other people who simply found themselves in more fortunate circumstances. That’s why for this episode, we discuss:
  • The importance of hard work and how far it can take you in the online business world
  • What COVID taught us about good and bad fortune as business owners
  • The difference between luck and opportunity
  • How smart business strategies can make hard work more valuable so luck can just be the icing on the cake
  • Why every business can be financially successful, regardless of luck
Link to article: https://www.businessknowhow.com/money/earn.htm