Luck definitely plays a role, as many talented, skilled and hardworking individuals have never found success in various professions across industries, despite their best efforts.

However, dedication and smart choices can help shape one’s own luck. When you combine multiple small aspects of career or lifestyle–it all gives the right synergy to create an ecosystem within you which is destined for success.

Luck is one factor, then there is skill development, hard-work, perseverance, strategic actions and maybe also a support system of friends or family or both — which often makes a significant difference.

Consider the life and success of Bill Gates, Jeff Bezos and Elon Musk. They have the right habits stuffed into them through “family” and the environment they grew up in.

I would say–some element that can be labelled as luck in lieu of scientific accuracy is true. If suppose, lot of things are technically favorable and still a specific location of office or shop faces losses no matter who rents that place–maybe there is some unknown or unnoticed element that is causing the failures among its tenants. Maybe we call it luck because we have not figured out what’s the cause of series of failures.

Same can be said of a person or an organisation.

Just ignoring it won’t make it disappear as it lingers still, invisibly as before with its haunting presence. Disbelieving it won’t stop its effects from repeating.

Also — the best measurement of luck is habit — those who cultivate the various factors that make a person or business successful — make it a habit to keep cultivating and nourishing these factors, balancing them out and making the most of limited ability to harness or improve them.

Maybe some part of these habits may give you insight into any bad luck plaguing you or someone you know.

Does it matter ? Luck matters is my conclusion–whether you consider luck in the traditional sense or more as an abstract structure yet to be identified as one of the commonly known factors that is in poor form causing failure or loss to persons or businesses.