Chance Favors Action

The concept of "luck" in entrepreneurship is often misunderstood. It is rarely a passive event or a matter of being in the right place at the right time. Instead, entrepreneurial luck is an active process; it is the natural outcome of persistent, directed action.

This idea can be summarized as "the harder you work, the luckier you get."

How Action Creates Opportunity:

• Increased Surface Area: Every action taken—every cold call, every networking event, every product iteration—increases the "surface area" for fortunate encounters and insights. You cannot have a life-changing conversation with a customer if you never talk to them.
• Commitment as a Magnet: A deep commitment to a business idea and a relentless work ethic attract people and resources. Mentors, investors, and key employees are drawn to founders who are demonstrably "all in."
• Learning and Adapting: Consistent action generates a constant stream of feedback and data. This allows a founder to learn, adapt, and pivot, turning potential failures into stepping stones for success. This is the core of Entrepreneurship as Applied Learning.

While external factors and timing certainly play a role, they are not the primary drivers of success. Success is not about waiting for a lucky break. It's about creating your own chances by consistently putting in the work and pursuing your ideas with unwavering commitment.