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MINDSET
The Four Types of Luck
Imagine cracking the code to something that has perplexed humans for centuries:
Luck.
Yes, luck is more than a mystical, chance-driven force..
It’s something you can actively influence.
James Austin’s insightful book, "Chase, Chance, and Creativity," guides you through four dynamic ways to amplify your own luck.
Let’s get into it…
Luck #1 - Serendipity: Finding Hidden Gems in Daily Life
Serendipity is about uncovering hidden treasures in the most unexpected places.
So, how do you invite serendipity into your life?
Embrace curiosity.
Keep your senses alert, engage in conversations with strangers, explore new routes on your daily commute, or check out the quaint new café around the corner.
Life is brimming with hidden opportunities—your task is to be vigilant and embrace them as they arise!
Real Talk: Remember the story of someone finding their future business partner while queuing for coffee? That’s serendipity at work. It's more common than you might think.
Luck #2 - Momentum: Crafting Your Own Luck Daily
Think of luck as a long-term project.
The secret?
Consistency.
Every small step you take today is a building block for monumental success tomorrow.
Be it enhancing your skills, growing your social circle, or perfecting your talents, persistence is key.
The more effort you put in, the luckier you become.
Pro Tip: Imagine it as compounding interest—your consistent, small investments can accumulate into a substantial impact.
Luck #3 - Instinct: Trusting Your Inner Voice
There's immense power in trusting your instincts.
Sharpen your intuition by continuously learning and immersing yourself in new experiences.
The more you know and experience, the better your instincts will serve you in recognising opportunities.
Case Study: Consider Richard Branson's legendary swoop into the airline industry. Frustrated by a flight delay, Branson saw an opportunity where others saw inconvenience. He chartered a plane, sold tickets to stranded passengers, and thus seeded the idea for what would become Virgin Atlantic Airways. His decision to start an airline, spurred by an immediate need and his gut feeling about its potential, showcases how powerful instincts can be when combined with a visionary outlook.
That’s the magic of instinct—and it's definitely a skill you can develop.
Luck #4 - Perspective: Expanding Your Viewpoints
A broadened perspective can significantly increase your "luck surface area."
By engaging with different people and learning across different disciplines, you'll encounter opportunities that you never knew existed.
Imagine This: Consider a software developer who also practices yoga. Recognising a lack of apps catering to programmers' mental wellness, she creates an app that integrates mindfulness techniques with coding exercises to help reduce burnout. Her dual expertise helps fill a niche market, illustrating how combining different life experiences can uncover unique opportunities.
This is how a widened perspective can create new opportunities.
Action Steps to Amplify Your Luck:
Begin by focusing on one area to enhance….
Serendipity - Meet more strangers, be more curious, ask more questions.
Momentum - Write down a list of things you’re committed to showing up daily and doing. Then make a commitment to show up every day and get them done.
Instinct - What has your “inner voice” been telling you lately? act on that voice.
Perspective - Are there a few disciplines you’re currently practising that would be even more awesome combined? A love of exercise combined with playing retro games, perhaps?
By embracing these four types of luck, you're not just prepared to seize opportunities.
You're creating an environment where luck naturally flows into your life.
NEW PODCAST
Take a Risk
This episode is all about taking risks in life and entrepreneurship.
Why taking risks is essential for personal and professional growth.
Why being naive to start and stubborn to finish is a key mindset for success.
How documenting your journey can provide motivation and help you learn at a deeper level.
I hope you enjoyed this week’s Knowledge Bomb Newsletter.
See you next week for another instalment.
Jay Alderton
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