• Richard Branson on Why Entrepreneurship Favors the Bold

     

    http://www.entrepreneur.com/article/240816When I was a child, my mother told me that I would miss all the shots that I didn’t take. Her words didn’t make complete sense at the time, but after almost 50 years in business, I have come to truly understand what she meant: You can’t rely on luck, but on the other hand, fortune favors the bold. I believe that what people refer to as “luck” is one of the most misunderstood and underappreciated factors in life. Businesses and entrepreneurs that are generally considered to be more fortunate or luckier than others are usually those that are prepared to take chances and experiment with new approaches — and to fall flat on their faces every so often.

    Yet a vast majority of people seem to view their chances of “getting lucky” in business in much the same way that they view the likelihood of their being struck by lightning: They think they have zero control. Well, that could not be further from the truth — anyone who makes an effort at whatever they hope to accomplish can, and will, seriously improve their chances of succeeding. Read more…