Return-on-luck refers to the % of lucky breaks that you take advantage of.
High return-on-luck means you make the most of your lucky breaks.
Low return-on-luck means most lucky breaks escape your grasp.
Most people have low return-on-luck.
Why?
Because they’re not prepared.
Most people are not in a position to seize the moment, and so their lucky break passes them by.
Whilst you’re waiting for your lucky break, prepare yourself.
Keep you overheads low. Get out of debt. Build your savings. Read business books.
That way, when opportunity comes knocking you can jump onboard.
You can make the most of your lucky break, rather than watch it go by.
Maximise your return-on-luck.
Be prepared.

