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Luck vs Talent: Why Billionaires are successful

Whether you an entrepreneur starting a business or a veteran in your industry, you can’t deny that luck has some influence on your success. Sure! resilience, hard work, and talent does play a significant role in success but as Google billionaire Eric Schmidt puts it; there’s another that can’t be left off the list….. Luck! Looking on as the world contends with the Covid-19 epidemic, It’s inevitable that most people will be looking towards the future for answers. Hard work will suffice to say be an important element in rebuilding the economy. But, there will only be a few very fortunate businesses and people who will rise to the top. My interest in the topic is to identify what will make these people or businesses luckier than most. But, also to what extent do the perceptions of luck discourage people from becoming entrepreneurs. Mark Zuckerberg, during a Facebook Live event, acknowledges that one of the reasons he was able to do what he could is because he was raised with a cert...

5 Things I Learnt As A Rookie Investor




1. Work on your mindset - nothing holds truer than having the right mindset. There have been countless times where going into a problem with the wrong mindset lead to some hard lesson for me. So learn as much as you can through books, workshops and networking, and surrounding yourself with the right people. The learning will never stop.

2. Network Often - There’s that saying, your network is your net worth, but it's also a lot of fun and you get to meet interesting people.

3. Know your numbers - I’m not too fond of maths and accounting but you have to understand how the numbers work. Practice as much as you can and after some time you will find it a lot easier to deal with. The numbers are the true deciding factor in any deal, learning to let go of emotion and rely on the numbers comes with experience.

4. Mistakes are not a bad thing - This holds true with having the right mindset. Starting off in a new field will have a lot of failures. That being said my failures have given me the opportunity to learn faster, raise my level of awareness and strengthen my confidence.

5. Find a Coach or Mentor - Having someone experienced to direct you on your journey is priceless.

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