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Increase Your Business Luck

Written by: Jay Hamilton-Roth

Article Overview: I recently read "The Luck Factor" (Dr. Richard Wiseman), a scientific study of luck. After three years of study, Dr. Wiseman determined that "Luck is something that can be learned". His research boiled down to four principles:

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Increase Your Business Luck

I recently read "The Luck Factor" (Dr. Richard Wiseman), a scientific study of luck. After three years of study, Dr. Wiseman determined that "Luck is something that can be learned". His research boiled down to four principles:

* Principle One: Maximize Chance Opportunities
In business, do you spend more time trying to sell your product than paying attention? Increase the number of people you interact with (not just the obvious business networking groups). Increase your relaxation. Listen more. Pay attention to what people are saying and doing.

* Principle Two: Listening to Lucky Hunches
If you know what the return on investment (ROI) is, the decision-making is easy ("black and white"). Unfortunately, many business decisions have incomplete information ("gray"). To be lucky in business, increase your "centered-ness" to build (and trust) your intuition.

* Principle Three: Expect Good Fortune
We create our own realities. If your expectation is an increase of sales, you'll be less affected by problems and focus on things that can produce good fortune. Others will sense your focus on the positive, and will react accordingly.

* Principle Four: Turn Bad Luck to Good
Big business opportunities come from fixing what's broken or missing, not from improving the status quo a little bit. When something breaks, remember it could always be worse, and find the gift in the problem. Then fix it.

It's all about changing our (business) attitude. Focus on the positive. Smile. Be thankful. Help others. Trust. Breathe deeply.

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About the Author: Jay Hamilton-Roth
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Jay Hamilton-Roth founded Many Good Ideas (http://www.ManyGoodIdeas.com) to help small businesses brainstorm, design, and implement effective marketing strategies. He combines creativity with common sense to demystify the process of getting great results. He has used his high-tech background from MIT to help him launch five businesses. He consults with companies in a wide range of industries and publishes a monthly marketing newsletter and daily marketing blog (http://ask.ManyGoodIdeas.com). He is the host of the new TV series "Business With Passion" (http://TV.ManyGoodIdeas.com).

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Related Forum Posts
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Domain name sugestion Re: Domain name sugestion - Hi Anelly, Good Luck with any name you choose, let us know what it is.
Re: Hello all Re: Hello all - Hi Anelly, Welcome to the forum, if you found it interesting and informative by now, you will learn more by participating. Good Luck
2007 Goals 2007 Goals - My yearly goals for December 2007: 1. Add 10-15 new "ideal" clients to our client roster 2. Increase revenues by $500,000 3. Average at least 1 paid speaking engagement per month.
Re: Quote of the Day - "Long shots do come in Re: Quote of the Day - "Long shots do come in - Earl Nightingale also said, "Luck is when preparation meets opportunity." So we need to prepare and persevere in all we do


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