By Andrew Mattner
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November 25, 2025
Luck. It’s a word that elicits mixed emotions in business. Some entrepreneurs downplay its significance, chalking up success to hard work and strategy. Others attribute failures solely to misfortune. The truth lies somewhere in the middle: every business owner experiences luck events, both good and bad. But what separates thriving businesses from struggling ones is the ability to generate a return on that luck. Good Luck: Leveraging Opportunity Good luck often appears as a favorable product-market fit, an unexpected economic boom, or a viral moment. It’s easy to bask in the glow of these fortunate events, but the real question is: what do you do with them? Recognise It: The first step to leveraging good luck is recognising it. Sometimes, luck doesn’t come with flashing lights and sirens; it might be an emerging trend you’ve stumbled upon or a partnership offer that’s better than it seems at first glance. Act Fast: Luck is fleeting. A surge in demand for your product or service won’t last forever. Scaling operations, locking in advantageous contracts, or doubling down on marketing while momentum is high can turn a stroke of luck into lasting success. Build Resilience: Use good luck as a springboard to fortify your business. Invest in systems, people, and processes to ensure you can weather less fortunate times. Bad Luck: Turning Setbacks Into Growth Bad luck is inevitable. A key supplier goes bankrupt, a pandemic disrupts your industry, or a competitor undercuts you on price. While you can’t prevent bad luck, you can control your response to it. Stay Calm and assess: When bad luck strikes, panic is your worst enemy. Take a step back, evaluate the situation, and determine the scope of the impact. Often, the initial shock of bad luck feels worse than the actual consequences. Adapt quickly: Businesses that survive bad luck are those that adapt. This might mean pivoting to a new market, renegotiating terms with stakeholders, or finding alternative suppliers. Flexibility is a key determinant of whether bad luck becomes a temporary setback or a business-ending event. Extract lessons: Every unlucky event has a lesson. Maybe it reveals a weakness in your supply chain, a gap in your market research, or a flaw in your risk management. Use these insights to build a stronger, more resilient business. Luck’s ROI: A Key Differentiator Luck, good or bad, doesn’t guarantee a particular outcome. It’s what you do with it that matters. Imagine two business owners hit the same patch of bad luck—a major client unexpectedly cancels their contract. One panics, cuts costs indiscriminately, and demoralises their team. The other uses the opportunity to refocus on customer diversification and emerges stronger. Similarly, consider two entrepreneurs blessed with good luck—a product that suddenly becomes the darling of social media. One celebrates the spike in sales but fails to invest in capacity or customer retention. The other uses the windfall to build a scalable infrastructure, cementing their position in the market. Luck Favours the Prepared Preparation doesn’t eliminate luck, but it does strengthen your ability to take advantage of good fortune and soften the blow when things go wrong. Businesses that plan for uncertainty, stay agile, and stay focused on long-term strategy turn unpredictability into a competitive advantage. That’s exactly where Your Success Lab comes in. We help business owners build the structures, strategies, and financial resilience they need to handle whatever comes their way. From unexpected opportunities to sudden challenges, with the right planning and support, uncertainty becomes something you can navigate confidently, not fear. So the next time luck strikes, good or bad, ask yourself: “ What’s the return I’m generating on this?” Because in business, it’s not the hand you’re dealt that matters; it’s how you play it. If you want to strengthen your business against the unexpected and make smarter, more confident decisions, Your Success Lab is here to help. Book your free 15-minute clarity call and start building a business that’s prepared for anything.