There is another element of success that is mentioned over and over again in the stories of wealthy men and women. It is the factor of luck. Luck is a form of leverage and it is part of every great success. Fortunately, luck is largely predictable and happens to people for specific reasons. In many respects, you actually create your own luck by the things you do, or neglect to do.
Luck is largely a matter of probabilities. There is a probability that virtually anything can happen, and these probabilities can be calculated with considerable accuracy. In almost every case, you can increase or decrease the likelihood of something happening or not happening.
For example, there is a certain probability that you will be killed in a traffic accident. But you can reduce this probability by driving sober, more carefully, and wearing seatbelts. Some people drive all their lives and never have an accident or a speeding ticket.
There is a five percent probability that you will become a millionaire in the course of your working lifetime. This means that there is a 95% probability that you will work all your life and retire poor or dependent on others. One of the main purposes of this book is to help you increase the likelihood of achieving financial independence by giving you the knowledge and tools practiced by the top five percent.
One thing we know, for example, is that luck is a function of activity. The more things you try, and the faster you try them, the more likely it is that you will try the right thing at the right time that will bring you the success you desire. The fact is that most things don‘t work the first time, and often, they don‘t work the first ten times. Nonetheless, if you keep trying new things, and learning from every setback, you will inevitable develop the skills and experience you need to succeed.
There is a saying that, —luck is when preparation meets opportunity.“ The more time you take to learn, study and prepare yourself in your chosen field, the more luck you will seem to have. The better prepared you are, the more often you will both recognize and be prepared enough to take advantage of opportunity when it arises.
Most importantly, luck seems to happen to people with clear goals and detailed plans of action. When you know exactly what you want and you are working diligently to achieve it every day, all kinds of wonderful things happen to you to move you more rapidly toward your goals, and your goals toward you.
When you are clear about your goals, you trigger the law of attraction and begin to attract into your life people, ideas, circumstance and resources that help you to achieve them. A series of happy coincidences and serendipitous events occur that help you in ways that you cannot now explain. I will explain more about becoming a money magnet and attracting luck in the next chapter.