Illustration of man climbing a ladder while another is lifted by a balloon
Luck plays a big role in success.
  • Luck is more important to career success than most people think.
  • But talent and effort matter, too.
  • The harder and smarter you work, the luckier you get.

A smart reader asked me to talk about an important element of career success — luck.

He also sent me a fascinating academic paper on the topic.

The paper's conclusion — one I agree with — is that luck plays a much bigger role in success than most people think.

I've often been startled by the extent to which some successful people appear to believe their success is solely (or at least mostly) the result of their own talent and effort. This seems particularly true for people for whom success means money.