2.2 - Success Factors

Opportunity

Luck

Hard Work

Skill

While all four of these factors are invaluable to achieving economic success opportunity is by far the most important. This is because all three of the other factors are useless without opportunity. Hard work becomes meaningless without a somewhere to direct it, the same reasoning applies to skill. Luck and Opportunity can be looked at as the same. The more opportunity you have for success the more likely you are to achieve it. Luck reaches the same end but without the ability to control how many chances you have. Hard work and skill are also similar in the same way as luck and opportunity. Having either in excess fulfills the same need. However, Hard work is more valuable than skill for 2 reasons: without any hard work skill limits itself and, more importantly, hard work can generate opportunity which make hard work far more valuable.

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Semester II Final

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