Monday Morning Motivator
  

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The 4 Types of Luck

This week we share a powerful message from author, entrepreneur and investor, Sahil Bloom. Sahil’s message gives us a great perspective on luck and how we can cultivate it.

Check Out Our Video Of The Week – Be a Mr. Jensen


The Oxford Languages English dictionary defines luck as "success or failure apparently brought by chance rather than through one's own actions."

But all you need to do is perform a simple search of the phrase "quotes on luck" to reveal a great many perspectives that differ from this definition:

"Diligence is the mother of good luck." - Benjamin Franklin

"Luck is where opportunity meets preparation." - Seneca

"Luck is a dividend of sweat. The more you sweat, the luckier you get." - Ray Kroc

So maybe there is more to luck than meets the eye. Perhaps it's possible, as these quotes suggest, to manufacture luck.

In today's piece, we will walk through the most valuable framework I've encountered for thinking about luck: The 4 Types of Luck.

In 1978, a neurologist named Dr. James Austin published a book entitled Chase, Chance, & Creativity: The Lucky Art of Novelty.

In it, Dr. Austin proposed that there are four types of luck:

  1. Blind Luck
  2. Luck from Motion
  3. Luck from Awareness
  4. Luck from Uniqueness

Here's how to think about each type:

Type I: Blind Luck

"The good luck that occurs is completely accidental. It is pure blind luck that comes with no effort on our part."

Type I Luck is completely out of your control. It includes:

  • Where you are born
  • Who you are born to
  • Base circumstances of your life
  • "Acts of God"

Type I Luck covers the truly random occurrences of the universe.

Type II: Luck from Motion

"Something else has been added—motion...A certain [basic] level of action 'stirs up the pot', brings in random ideas that will collide and stick together in fresh combinations, lets chance operate."

Type II luck is a result of your motion.

You’re creating motion and collisions through hustle and energy that you are inserting into an ecosystem.

Type II Luck is derived through the expansion of your luck surface area from simple movement. The increase in collisions opens you up to more lucky events.

Type III: Luck from Awareness

"[Luck] presents only a faint clue, the potential opportunity exists, but it will be overlooked except by that one person uniquely equipped to observe it, visualize it conceptually, and fully grasp its significance. [Type III Luck] involves involves a special receptivity, discernment, and intuitive grasp of significance unique to one particular recipient."

Type III Luck is a result of your awareness and depth of understanding of a specific domain.

This depth of understanding within a given arena allows you to become very good at positioning yourself for lucky breaks to benefit you.

The entrepreneur and investor Naval Ravikant summarized this type of luck beautifully: "You become very good at spotting luck." You can “spot luck” from a mile away because of your depth of knowledge and experience.

Type IV: Luck from Uniqueness

"[Type IV Luck] comes to you, unsought, because of who you are and how you behave...the links of [Type] IV can be drawn together and fused only by one quixotic rider cantering in on his own homemade hobby horse to intercept the problem at an odd angle...[This type] favors those with distinctive, if not eccentric hobbies, personal lifestyles, and motor behaviors."

Type IV Luck occurs when your unique set of attributes attracts specific luck to you.

It actually seeks you out.

The Art & Science of Luck

Typically, Type I, Type II, and Type III Luck will arrive in stages:

  • Type I dictates the early years of your life.
  • Type II comes into play as you begin to hustle in your 20s.
  • Type III sets in as you develop deep experience in your 30s and beyond.

Type IV is more dislocated from age dependency.

As a useful rule of thumb for your journey, always consider my Luck Razor:

When choosing between two paths, always choose the path that has a larger luck surface area. Ask yourself: Which of the two paths is more likely to lead to me getting lucky? Act accordingly.

If your business needs marketing that works, give us a call. We're here to help!

Have a great day unless you chose otherwise!

Drago

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Baan Lao Fine Thai Cuisine – www.Baanlao.ca

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Primary Logistics – www.Primarylogisticsinc.com

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Quote of the Week

Someday is not a day of the week.

 

Word of the Week

Celerity (suh-lair-uh-tee): a formal word that means “swiftness of motion or action.

Eg: When the developers’ intentions became clear, the community came together with celerity to preserve the town’s beloved wetlands for future generations.


 

Proverb of the Week

Fools show their annoyance at once, but the prudent overlook an insult.

(Proverbs 12 verse 16 The Bible)

 

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