Quote:
Originally Posted by Klen
Well, long time ago, i said how luck is also one of important factors for success, not just skill , finances and usual stuff which we associate with it. There are tons of example where many companies would fail if they didn't got financial aid in last moment and since then they are working fine. Local electric vehicle manufacturer , Rimac Buggati, also was on verge of bankruptcy till it found Chinese investor in last moment, and later Porsche also invested.
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Reminds me of this story:
How Fred Smith rescued FedEx from bankruptcy by playing blackjack in Las Vegas
Fred Smith took FedEx's last $5,000 and won $27,000 playing blackjack in the company's early years
FedEx began operations in April 1973 and quickly grew. However, rising fuel costs eventually caught up with the young company, putting FedEx millions of dollars in debt, Entrepreneur reported.
Investors declined to give FedEx more money and Entrepreneur reported that "bankruptcy was a distinct possibility."
When the company had only $5,000 left, Smith pitched General Dynamics for more funding, but the board refused.
On his way home, Smith took a detour to Las Vegas and won $27,000 playing blackjack, which he wired back to FedEx, Forbes reported.
"The $27,000 wasn't decisive, but it was an omen that things would get better," Smith said about the gamble, according to Entrepreneur.
https://www.foxbusiness.com/money/fr...inning-formula
Risking your company's future on the flip of a deck cards it pretty ballsy.
But yeah, for sure there's a lot of luck and timing involved with success.
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Tom Brady was drafted number 199 in the 2000 draft and his NFL career almost never happened. Aside from almost not being drafted, what if Drew Bledsoe didn't get injured in the second game of the 2001 season, giving Brady his chance to prove himself?
I didn't get the playing time in sports I thought I deserved as a kid in middle school as I was a late bloomer. Because of that, I never wanted to let my fate ultimately be in the hands of another person and I decided to be an entrepreneur way before it was the cool thing to do like it is today.