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Train Wreck

Read all 'startups' posts in Train Wreck

April 21, 2008 8:57 AM PDT

How important is luck in high-tech business?

by Steve Tobak

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After describing a particularly exciting consulting opportunity, a friend called me "lucky." That got me thinking: Is he right? Is luck a component in business success, or is it all about knowledge and experience. And if luck does play a role, how important is it? Can it be influenced, or is that taboo by definition?

To answer those questions I first did a little research. The Merriam-Webster online dictionary defines luck as "a: a force that brings good fortune or adversity, or b: the events or circumstances that operate for or against an individual."

Gee, "luck" sounds a lot like "competition" to me. ... Read More

Topics:: CEOs,; Strategy,; Careers

Tags:: Luck,; startups,; Apple,; Microsoft,; Steve Jobs,; Bill Gates,; IBM,; Starbucks,; Howard Schultz

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About Train Wreck

Steve Tobak is a marketing consultant and former chip industry executive. Train Wreck provides insight into dysfunctional corporate behavior, among other things. When he's not airing the industry's dirty laundry, Steve likes to hang around the house, make believe he's working, and drive his wife crazy. Find out more at www.invisor.net or email Steve at trainwreck@invisor.net. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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