Framework Friday: The Secret to Being Lucky

Luck and risk are two of the most important words for anybody who wants to be great. But they kind of I think for most people feel like it's something that's outside of your control, right? Luck is this magical thing that either happens to you or it doesn't. Or uh Risk is this thing that you either get screwed by or you don't. And I don't think that's true. I think there's a lot more to risk and luck than most people recognize. It's the same way that uh

I think Eskimos have like forty or fifty words for snow. Right, when we see something just falling from the sky that's White and fluffy. We just think that's snow. Whereas They have forty or fifty different words to describe the different types of snow. As you would if you lived in an extremely snowy environment, you would develop that vocabulary. And so similarly, for an entrepreneur who is going in an environment of trying to make great success happen, maybe we need some nuance, some differentiation between the different types of luck.

the different flavors of risk. And so that's what I'm gonna tell you today. These are the four flavors of luck and the four flavors of risk. Let's start with luck. So this I got from um Mark Andreessen back in the day. He had a blog that he used to keep up. It's down now. There's an archive of it up online somewhere called PM Archive.

We already have this episode, so unlocking it is cheap and permanent: the full transcript, segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

10 free credits is 10 episodes like this one a month. Episodes nobody has transcribed yet cost their length in hours, because we have to actually transcribe them.