--- title: "Meaning & Key Takeaway of: When companies are successful, it is…" description: "\"“When companies are successful, it is natural to assume that this is a result of leaders making shrewd decisions. Those leaders go forward believing th..." image: "https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg" --- # When companies are successful, it is natural to assume… ![“When companies are successful, it is natural to assume that this is a result of leaders making shrewd decisions. Those leaders go forward believing that they have figured out the key to building a thriving company. In fact, randomness and luck played a key role in that success.” quote by Ed Catmull](https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg) [Download](https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg) [Open image](https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg) > ““When companies are successful, it is natural to assume that this is a result of leaders making shrewd decisions. Those leaders go forward believing that they have figured out the key to building a thriving company. In fact, randomness and luck played a key role in that success.”” [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Success often masks the role of chance; leaders attribute outcomes to skill while luck is a hidden factor. **In simple terms:** Luck matters more than we think. Key Takeaway Acknowledge randomness in achievements. Themes leadership success luck decisionmaking Mood reflective analytical Type insightful critical When to use this quote - business strategy - career planning - investor evaluation Key Concepts probability cognitive bias serendipity Questions to Reflect On - How can you measure luck in your own successes? - What safeguards protect against overconfidence? A Different Perspective Overemphasis on skill can ignore systemic factors. ★ ★ ★ ★ ★ No ratings yet [Building Thriving](https://sms4smile.com/quotes/about/building-thriving-4876368/) [Business](https://sms4smile.com/quotes/about/business/) [Companies Successful](https://sms4smile.com/quotes/about/companies-successful-3243329/) [Decisions Leaders](https://sms4smile.com/quotes/about/decisions-leaders-4876369/) [Leadership](https://sms4smile.com/quotes/about/leadership/) [Randomness Luck](https://sms4smile.com/quotes/about/randomness-luck-4876367/) [Success](https://sms4smile.com/quotes/about/success/) [Thriving Company](https://sms4smile.com/quotes/about/thriving-company-1512929/) ## Related quotes > [“Toy Story went on to become the top-grossing film of the year and would earn $358 million worldwide. But it wasn’t just the numbers…](https://sms4smile.com/quotes/ed-catmull/toy-story-went-on-to-become-the-top-grossing-film-of-the-year-and/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [The people are learning that you cannot leave decisions only to leaders. Local groups have to create the political will for change, rather than…](https://sms4smile.com/quotes/wangari-maathai/the-people-are-learning-that-you-cannot-leave-decisions-only-to/) [Wangari Maathai](https://sms4smile.com/quotes/author/wangari-maathai/) > [Science and technology are a propellant for building a thriving country, and the happiness of the people and the future of the country hinge…](https://sms4smile.com/quotes/kim-jong-un/science-and-technology-are-a-propellant-for-building-a-thriving/) [Kim Jong-un](https://sms4smile.com/quotes/author/kim-jong-un/) > [When companies are successful or not successful, they almost immediately jump to the wrong conclusions about how they got there or why they got…](https://sms4smile.com/quotes/edwin-catmull/when-companies-are-successful-or-not-successful-they-almost/) [Edwin Catmull](https://sms4smile.com/quotes/author/edwin-catmull/) > [The companies that are successful, they start out to make meaning, not to make money.](https://sms4smile.com/quotes/guy-kawasaki/the-companies-that-are-successful-they-start-out-to-make-meaning-not/) [Guy Kawasaki](https://sms4smile.com/quotes/author/guy-kawasaki/) > [The key is not to figure out what the best people are doing and try to emulate it - rather, figure out what causes…](https://sms4smile.com/quotes/anonymous/the-key-is-not-to-figure-out-what-the-best-people-are-doing-and-try/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [In private companies that are successful, the management have learnt to put their staff first, customers second, shareholders last.](https://sms4smile.com/quotes/harry-enfield/in-private-companies-that-are-successful-the-management-have-learnt/) [Harry Enfield](https://sms4smile.com/quotes/author/harry-enfield/) > [Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your…](https://sms4smile.com/quotes/peter-thiel/every-tech-story-is-different-every-moment-in-history-happens-only/) [Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/) > [Companies that are successful, it starts with the CEO and starts with the CEO's priorities.](https://sms4smile.com/quotes/julie-sweet/companies-that-are-successful-it-starts-with-the-ceo-and-starts-with/) [Julie Sweet](https://sms4smile.com/quotes/author/julie-sweet/) > [“You might say I’m an advocate for humility in leaders. But to be truly humble, those leaders must first understand how many of the…](https://sms4smile.com/quotes/ed-catmull/you-might-say-i-m-an-advocate-for-humility-in-leaders-but-to-be-truly/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“How, then, do you make failure into something people can face without fear? Part of the answer is simple: If we as leaders can…](https://sms4smile.com/quotes/ed-catmull/how-then-do-you-make-failure-into-something-people-can-face-without/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“Under the treaty of Sevres in 1920 Greece had been given Smyrna, and by 1922 the Greek army was trying to push its way…](https://sms4smile.com/quotes/sebastian-faulks/under-the-treaty-of-sevres-in-1920-greece-had-been-given-smyrna-and/) [Sebastian Faulks](https://sms4smile.com/quotes/author/sebastian-faulks/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [It is absolutely necessary... for me to have persons that can think for me, as well as execute orders.](https://sms4smile.com/quotes/george-washington/it-is-absolutely-necessary-for-me-to-have-persons-that-can-think-for/) [George Washington](https://sms4smile.com/quotes/author/george-washington/) > [“If you want to build a ship, don’t drum up the men to gather wood, divide the work, and give orders. Instead, teach them…](https://sms4smile.com/quotes/antoine-de-saint-exup-ry/if-you-want-to-build-a-ship-don-t-drum-up-the-men-to-gather-wood/) [Antoine de Saint-Exupéry](https://sms4smile.com/quotes/author/antoine-de-saint-exup-ry/) ## More by Ed Catmull > [“So I tell myself that I have time, even when I don’t. As in, ‘Okay, I’m going to proceed as if I have time—I’m…](https://sms4smile.com/quotes/ed-catmull/so-i-tell-myself-that-i-have-time-even-when-i-don-t-as-in-okay-i-m/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“How, then, do you make failure into something people can face without fear? Part of the answer is simple: If we as leaders can…](https://sms4smile.com/quotes/ed-catmull/how-then-do-you-make-failure-into-something-people-can-face-without/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“Andrew Stanton says, adding that on each of his own films, he has made a point of doing this on a smaller scale, separate…](https://sms4smile.com/quotes/ed-catmull/andrew-stanton-says-adding-that-on-each-of-his-own-films-he-has-made/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“This was a success in itself, but it came with an added and unexpected benefit: The act of thinking about the problem and responding…](https://sms4smile.com/quotes/ed-catmull/this-was-a-success-in-itself-but-it-came-with-an-added-and-unexpected/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“This principle eludes most people, but it is critical: You are not your idea, and if you identify too closely with your ideas, you…](https://sms4smile.com/quotes/ed-catmull/this-principle-eludes-most-people-but-it-is-critical-you-are-not-your/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“You might say I’m an advocate for humility in leaders. But to be truly humble, those leaders must first understand how many of the…](https://sms4smile.com/quotes/ed-catmull/you-might-say-i-m-an-advocate-for-humility-in-leaders-but-to-be-truly/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“Rejecting failure and avoiding mistakes seem like high-minded”](https://sms4smile.com/quotes/ed-catmull/rejecting-failure-and-avoiding-mistakes-seem-like-high-minded/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“The most productive creative sessions allow for the exploration of myriad trains of thought.”](https://sms4smile.com/quotes/ed-catmull/the-most-productive-creative-sessions-allow-for-the-exploration-of/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“My rule of thumb is that any time we impose limits or procedures, we should ask how they will aid in enabling people to…](https://sms4smile.com/quotes/ed-catmull/my-rule-of-thumb-is-that-any-time-we-impose-limits-or-procedures-we/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“Toy Story went on to become the top-grossing film of the year and would earn $358 million worldwide. But it wasn’t just the numbers…](https://sms4smile.com/quotes/ed-catmull/toy-story-went-on-to-become-the-top-grossing-film-of-the-year-and/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“THERE IS NOTHING quite like ignorance combined with a driving need to succeed to force rapid learning.”](https://sms4smile.com/quotes/ed-catmull/there-is-nothing-quite-like-ignorance-combined-with-a-driving-need-to/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“What makes Pixar special is that we acknowledge we will always have problems, many of them hidden from our view; that we work hard…](https://sms4smile.com/quotes/ed-catmull/what-makes-pixar-special-is-that-we-acknowledge-we-will-always-have/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“Every morning, as I walk into Pixar Animation Studios—past the twenty-foot-high sculpture of Luxo Jr., our friendly desk lamp mascot, through the double doors…](https://sms4smile.com/quotes/ed-catmull/every-morning-as-i-walk-into-pixar-animation-studios-past-the-twenty/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“What makes Pixar special is that we acknowledge we will always have problems, many of them hidden from our view; that we work hard…](https://sms4smile.com/quotes/ed-catmull/what-makes-pixar-special-is-that-we-acknowledge-we-will-always-have-2/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) > [“I believe that managers must loosen the controls, not tighten them. They must accept risk; they must trust the people they work with and…](https://sms4smile.com/quotes/ed-catmull/i-believe-that-managers-must-loosen-the-controls-not-tighten-them/) [Ed Catmull](https://sms4smile.com/quotes/author/ed-catmull/) [Explore all 226 Ed Catmull quotes ](https://sms4smile.com/quotes/author/ed-catmull/) ## More Business quotes > [Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't…](https://sms4smile.com/quotes/doug-mcmillon/companies-with-cultures-that-celebrate-diverse-opinions-and-encourage/) [Doug McMillon](https://sms4smile.com/quotes/author/doug-mcmillon/) > [You can laugh at me, but I understand show business.](https://sms4smile.com/quotes/ksenia-sobchak/you-can-laugh-at-me-but-i-understand-show-business/) [Ksenia Sobchak](https://sms4smile.com/quotes/author/ksenia-sobchak/) > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Take some books and read; that’s an immense help; and books are always good company if you have the right sort.”](https://sms4smile.com/quotes/louisa-may-alcott/take-some-books-and-read-that-s-an-immense-help-and-books-are-always/) [Louisa May Alcott](https://sms4smile.com/quotes/author/louisa-may-alcott/) > [I'm a business first and foremost so whatever my business is, it's separate from my personal. It's like whatever I do business wise, it's…](https://sms4smile.com/quotes/snoop-dogg/i-m-a-business-first-and-foremost-so-whatever-my-business-is-it-s/) [Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/) > [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/) [Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/) > [Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I…](https://sms4smile.com/quotes/ryan-kavanaugh/nobody-has-a-crystal-ball-and-part-of-evolving-a-business-plan-is-to/) [Ryan Kavanaugh](https://sms4smile.com/quotes/author/ryan-kavanaugh/) > [I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And…](https://sms4smile.com/quotes/g-dragon/i-think-a-business-guy-is-different-from-an-artist-they-walk/) [G-Dragon](https://sms4smile.com/quotes/author/g-dragon/) > [ “\[S\]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once,… ](https://sms4smile.com/quotes/nora-ephron/s-ometimes-when-you-are-a-food-person-the-possible-irrelevance-of/) [Nora Ephron](https://sms4smile.com/quotes/author/nora-ephron/) > [If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then…](https://sms4smile.com/quotes/jack-ma/if-you-have-a-different-mindset-you-will-have-a-different-outcome-if/) [Jack Ma](https://sms4smile.com/quotes/author/jack-ma/) > [“Some say the Earth is angry Because he wants no company; I say the Earth is angry Because he lives alone.”](https://sms4smile.com/quotes/n-k-jemisin/some-say-the-earth-is-angry-because-he-wants-no-company-i-say-the/) [N.K. Jemisin](https://sms4smile.com/quotes/author/n-k-jemisin/) > [ If the State does not acquire supremacy over \[vast private\] enterprises, it becomes their puppet, and they become the real State. ](https://sms4smile.com/quotes/bertrand-russell/if-the-state-does-not-acquire-supremacy-over-vast-private-enterprises/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) > [It's not just that families can't buy a home or start a business without some savings tucked away.](https://sms4smile.com/quotes/jim-cooper/it-s-not-just-that-families-can-t-buy-a-home-or-start-a-business/) [Jim Cooper](https://sms4smile.com/quotes/author/jim-cooper/) > [I'm not into business at all.](https://sms4smile.com/quotes/freddie-mercury/i-m-not-into-business-at-all/) [Freddie Mercury](https://sms4smile.com/quotes/author/freddie-mercury/) > [I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation…](https://sms4smile.com/quotes/ronald-reagan/i-ve-long-believed-one-of-the-mainsprings-of-our-own-liberty-has-been/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) [Browse all 39,016 Business quotes ](https://sms4smile.com/quotes/about/business/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“When companies are successful, it is natural to assume that this is a result of leaders making shrewd decisions. Those leaders go forward believing that they have figured out the key to building a thriving company. In fact, randomness and luck played a key role in that success.”", "creator": { "@type": "Person", "name": "Ed Catmull" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ed-catmull/when-companies-are-successful-it-is-natural-to-assume-that-this-is-a/", "about": { "@type": "Thing", "name": "Business" }, "@id": "https://sms4smile.com/quotes/ed-catmull/when-companies-are-successful-it-is-natural-to-assume-that-this-is-a/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg", "contentUrl": "https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg", "url": "https://sms4smile.com/quotes/i/557/ed-catmull-1553_business_when-companies-are-successful-it-is-natu_2207838.jpg", "width": 1080, "height": 1080, "caption": "“When companies are successful, it is natural to assume that this is a result of leaders making shrewd…” — Ed Catmull", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ed Catmull", "item": "https://sms4smile.com/quotes/author/ed-catmull/" }, { "@type": "ListItem", "position": 4, "name": "“When companies are successful, it is...", "item": "https://sms4smile.com/quotes/ed-catmull/when-companies-are-successful-it-is-natural-to-assume-that-this-is-a/" } ], "@id": "https://sms4smile.com/quotes/ed-catmull/when-companies-are-successful-it-is-natural-to-assume-that-this-is-a/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```