The 3 Types of Luck — What 10x Winners Do Differently
Tim Ferriss and Morton break down three types of luck and explain why 10x winners stand out not by getting more luck, but by capitalizing on it better.
The gist
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Luck has three defining elements: you didn't cause it, it carries significant consequences, and it comes as a surprise.
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10x winners get no more lucky breaks than peers; the difference is how much return they generate when a luck event hits.
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Who luck, like meeting a mentor or spouse, is often undervalued but ranks among life's most consequential chance events.
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Positioning yourself in high-activity environments, like Silicon Valley for startups, increases your surface area for beneficial luck.
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