Business Quote by Marc Randolph
“When entrepreneurs talk about their success, they rarely talk about luck. I think that's because most of them think the concept denigrates the hard work and smart thinking they put into their projects. But luck is a huge part of any successful business.”
About This Quote
Source Interview: Startup Lessons, Marc Randolph, 2015
Success is often attributed to effort, but chance plays a major role in outcomes.
In simple terms: Hard work matters, but luck also matters.
Key Takeaway
Recognize luck’s influence and stay humble.
Themes
entrepreneurship
success
humility
Mood
reflective
balanced
Type
advice
insight
When to use this quote
- pitch meetings
- investment decisions
- product launches
- career planning
Key Concepts
probability
bias
recognition
Questions to Reflect On
- How do you balance credit between effort and chance?
- Can you mitigate luck’s impact?
A Different Perspective
Overemphasis on luck can diminish accountability for actions.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)