In this HBR blog Anthony Tjan, CEO, Managing Partner and Founder of the venture capital firm Cue Ball, vice chairman of the advisory firm Parthenon, and co-author of Heart, Smarts, Guts, and Luck (HBR Press, 2012) is giving advice how to harness serendipity. His research showed “that 25% of the companies studied turned out to be what we call Luck-dominant (only Heart-dominant was more common).”
Anthony talks about Lucky Attitude, where humility, intellectual curiosity and optimism play a big part. He also describes Lucky Networks to be characterized by vulnerability, authenticity, generosity, and openness.
“A Lucky Network is not something that can premeditated. It is not a targeted list of must-have relationships, but rather it is a set of relationships built out of curiosity and friendship that somehow ends up encompassing people who turn out to be pivotal. The net present value and strategic fit of a given relationship or initial introduction in one’s Lucky Network might be foggy at best, but unintended benefits often manifest for those who embrace relationships with openness. In our research, 86% of the Luck-dominant credit a key part of their success to towards an “openness to new things and people.”
The whole blog can be read here