They Call Me Lady Luck

I’m getting really good at winning the lottery. This is really extraordinary for me. And not normal at all. When it was first invented I was convinced I was going to win and win big and I did get the first four numbers in the order they were read out on the first New Year’s Eve. When the lottery machines were working again after the weekend and the Bank Holiday and I could find out the quantum of my win, I must confess to my disappointment with a somewhat paltry sum for a 4-number match. Then I decided that the lottery was […]

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Entrepreneurs Must Embrace Lady Luck: Luke Johnson

Luke Johnson keeps providing thoughtful material which I share here in case you didn’t read him in the Financial Times: One of the reasons business is so fascinating is that success is unpredictable. So many apparent negatives can be turned into positives. There are winners who have overcome dyslexia, a stammer, a lack of academic qualifications, or being fired. A common complaint from would-be entrepreneurs is the lack of finance to start a business. But an inability to raise funding can eventually become a bonus. Founders who keep their shares do not suffer early equity dilution. If the business works, they […]

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