2. Luck & Risk

• Risk is when the factors that determine success or failure are out of your control, but the odds of success are known.
• Uncertainty is when the factors that determine success or failure are not out of your control but are simply unknown. It is play...

Risk-taking is often necessary for growth and success, but smart people with low self-esteem tend to avoid it at all costs.

• They often avoid taking risks.
• This is due to a fear of failure and potential damage to their self-esteem.
• Their...

Luck is often a combination of the right connections, the right timing, and many other influences that cannot be predicted. Hard work typically gets better results than you would with less effort.

Luck matters more in an absolute sense a...