One of the better speakers at the Willow Creek Global Leadership Summit last week was Jim Collins.
In speaking about companies that exhibited superior performance over a long period of time he discussed the concept of return on luck.
In his research he found that most companies had about the same experience with luck (both good and bad). That is to say that the companies experienced relatively similar amounts of luck.
The difference between the great companies and the good ones was their “return on luck”. Were they able to take a good break or some good fortune and multiply it to get better results for the company.
What an awesome concept for our personal lives as well.
What is your return on luck?
What are you doing to make sure that the next time something good comes your way you multiply it?
We all face both bad and good luck every day. The key is what you do about it.
Make it a lucky day.
Jake