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Increase Your Impact with Justin Su'a | A Podcast For Leaders

Episode 1,883: Luck

Increase Your Impact with Justin Su'a | A Podcast For Leaders

Justin Su'a

Business, Sports

4.91.3K Ratings

🗓️ 1 September 2023

⏱️ 3 minutes

🧾️ Download transcript

Summary

In this episode, I talk about the role of luck in your wins and losses.

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning and welcome to the Increase Your Impact Podcast. I'm Justin Suwa, episode 1883.

0:08.0

I came across a quote today that I really like. And the reason I liked it so much is because it's true.

0:19.0

And have you ever come across those quotes where you hear it and you're thinking, wow, that is so true.

0:25.1

How did I not think about that before?

0:27.9

It's by Morgan Howzel.

0:29.4

He is the author of the book, The Psychology of Money.

0:32.0

And it goes like this, quote, bad luck is easy to identify when you fail.

0:37.1

And good luck is easy to identify when you fail, and good luck is easy to ignore when you succeed.

0:43.4

And it is so true.

0:45.6

Whenever we struggle, whenever we fail, and you particularly see it in sports,

0:51.8

oh, it was the umpire's fault, it was a referee's fault. It was bad weather. It was,

0:56.1

we didn't feel good. We got these injuries. You just think about, you start to list all of these

1:00.6

variables of, uh, of unlucky factors that contributed to why we failed. Lots of excuses, lots of complaining. But when we win, it's all because of excuses, lots of complaining.

1:11.6

But when we win, it's all because of us.

1:15.6

It's because of our preparation.

1:17.6

It's because of our strategy, our prowess, how good we are, how strong we are, how fast we are.

1:24.6

However, very, very, not often do we pause and consider how luck contributed to our success.

1:37.5

The ball bounced in our favor. Maybe we've got a good call from the referee or the empire.

1:42.0

Maybe the market tended to swing our way.

1:45.3

We just happen to be in the right place at the right time. And so today my invitation to you

1:51.4

consider is this. During the bad times, pause to consider the bad luck in addition to the bad luck that you have but also consider

2:04.2

the good things that you did the things that you could have done better how did you

...

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