I've spent nearly two decades

observing what makes people luckier than others

and trying to help people increase their luck.

You see, I teach entrepreneurship,

and we all know that most new ventures fail,

and innovators and entrepreneurs need all the luck they can get.

So what is luck?

Luck is defined as success or failure apparently caused by chance.

Apparently.

That's the operative word.

It looks like it's chance

because we rarely see all the levers that come into play to make people lucky.

But I've realized, by watching so long,

that luck is rarely a lightning strike,

isolated and dramatic.

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