Expand your luck surface area. Success requires smarts, hard work (not the old way of just putting in more hours), patience (commitment to your Vision) and a bit of luck….
So the question is how do you expand your luck surface area. There are a few theories on this, I will share mine.
Hang out with successful people and meet new successful people. Theory suggests you are the average of the 5 people you spend the most time with. Are these folks big thinkers? Do they want the best for you? Do they think different than you? Challenge you? Inspire you?
One thing I have learned is you never know where a relationship will take you. Example, I went to lunch 20 years ago with a banker and I thought.. this is going to be a waste of time.. it turned out his bank is still our bank. It changed my thinking about who to meet with and who to talk with.. that is, we can learn things from anyone. One of my habits is to think, “what can I learn from this person?”
I also think it’s important to meet with people who are successful and think differently than you.
Examples: Spend time with clients who can teach you something, other business folks who are successful in different industries and generally people who are successful doing something outside of business. Variety is the spice of life.
In summary, do things that expand your luck surface area. “if you don’t take a chance, you don’t get a chance.”
Imagine an NHL type expansion draft being applied to your accounting firm. Ice hockey tragic Colin Dunn asks who would you expose, who might you lose, and would you even care?
One of our definitions of leverage is to use something to maximum advantage.
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