University Of Success Ch 38

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Questions and Answers

What attitude is considered most hostile to success according to the content?

Emphasizing cause and effect

Believing in hard work

Seeking external validation

Trusting to luck (correct)

How is the concept of luck described in relation to cause and effect?

Luck cannot exist in a law-governed universe (correct)

Luck has no connection to cause and effect

Luck is a natural phenomenon

Luck arises from external circumstances

What does the phrase 'as you sow, so shall you reap' suggest?

Circumstances control success

Fate determines outcomes

Hard work leads to rewards (correct)

Success comes without effort

What does the speaker suggest about consistently 'lucky' individuals?

They are industrious and able Signup and view all the answers

Which of the following statements reflects the view on luck mentioned in the content?

Luck is often a misconception for hard work Signup and view all the answers

What can be inferred about the relationship between work and results?

Hard work consistently produces results Signup and view all the answers

According to the content, how should opportunities be approached?

They should be pursued actively Signup and view all the answers

What does the content suggest is a common misconception about luck?

It occurs randomly without effort Signup and view all the answers

Who is referenced as an example of achieving success through non-lucky means?

Lord Beaverbrook Signup and view all the answers

What does the phrase 'Trust to circumstances outside our control' imply?

It encourages passive behavior Signup and view all the answers

What is suggested about individuals born into poverty compared to those born into wealth?

They may develop resilience and stronger character. Signup and view all the answers

What is the primary reason the author discourages trusting in luck?

Success is more about personal effort and judgment. Signup and view all the answers

What does the author describe as a common misconception about successful individuals?

They possess a special psychic ability to foresee outcomes. Signup and view all the answers

How does the author define the fate of someone who relies solely on luck in business?

They are doomed to fail before they even begin. Signup and view all the answers

Which of the following statements reflects the author's view on hard work?

Only those who work hard can find true success. Signup and view all the answers

What does the term 'the genius of the untried' refer to in the text?

Those who blame their failures on external circumstances. Signup and view all the answers

What can be inferred about the author's perspective on youth and luck?

Belief in luck can be detrimental to youth's future. Signup and view all the answers

What does the author suggest about failures and learning?

Learning from failures is essential for future success. Signup and view all the answers

What does the author mean by 'wooing Luck'?

Neglecting real opportunities while waiting for luck. Signup and view all the answers

How does the author characterize luck in relation to work and brains?

Only hard work and intelligence lead to real success. Signup and view all the answers

What does the author imply is a more reliable approach to achieving success than relying on luck?

Developing consistent work habits Signup and view all the answers

Which statement reflects the author's view on the nature of luck?

Luck can be cultivated through hard work. Signup and view all the answers

What is warned against as detrimental to one's prospects for success?

Believing in luck’s influence Signup and view all the answers

According to the content, what attitude is described as foolish in relation to success?

Relying on external circumstances Signup and view all the answers

How does the author view the connection between consistent hard work and recognition as 'lucky'?

Consistent effort leads to eventual recognition as lucky. Signup and view all the answers

Study Notes

Don't Trust Luck

The text argues against relying on luck, emphasizing the power of hard work and judgment.
There's no such thing as luck in a universe governed by cause and effect.
People often attribute success to "luck" when it is actually the result of dedication and competence.
"Trust to luck" is actually "trusting to circumstances beyond your control,” which is unwise.

Luck Versus Industry and Judgment

The text points out that those who succeed are often mistakenly perceived as "lucky," when their success is due to their hard work, skill, and consistent efforts.
It also emphasizes that "bad luck" can often be explained by a lack of these qualities.
The gambler's creed, which believes in luck and chance, is a flawed approach and can be detrimental to success.

Beware of the "Genius of the Untried"

The text contrasts those who place their faith in luck with those who proactively pursue opportunities, regardless of their size.
The former group, often referred to as those with the "genius of the untried," wait for a perfect opportunity and end up missing out on smaller chances that could lead to success.
They mistakenly believe their success is solely dependent on a magical "golden plate opportunity" instead of developing their skills and creating their own chances.

Opportunities and Judgment

The text argues that seeking opportunity, even in seemingly small or insignificant ways, is crucial for success.
The individual who actively seeks and seizes opportunities, learns from their mistakes, and ultimately achieves success.
The text emphasizes that experience and knowledge, acquired through diligent effort, are key to making sound "psychic bids."
Success, ultimately, is the result of judgment and experience, not luck.

Don't Believe in a "Lucky" Speculator

The text discounts the idea of a "lucky" speculator who experiences fleeting success followed by disastrous failure.
True and lasting success is built upon judgment and industry, coupled with good health, and is not dependent on a fickle hand of fate.

Summary

The text asserts that relying on luck is detrimental to success and that hard work, dedication, judgment, and seizing opportunities are key to achieving long-term success.
The "genius of the untried" syndrome, which is characterized by waiting for the perfect opportunity, should be avoided.
The text concludes by stating that work is the ultimate path to success and that there are no shortcuts.

Trusting in Oneself, Not Luck

Luck plays no role in success as the universe is governed by cause and effect.
Attributing success to luck obscures the consistent hard work and ability of successful individuals.
Rather than relying on external factors, we should strive to control those factors within our grasp.
Even adverse situations like financial ruin can be seen as opportunities for personal growth and development.

The Illusion of Luck and the Importance of Industry

The gambler's belief in luck often leads them to perform actions intended to influence fortune.
Skill and judgment consistently win out over luck in games of chance and in life.
Successful individuals consistently make decisions based on their vast knowledge and experience, not mere intuition.
Genuine success is built on judgment, hard work, and health, while luck alone provides only temporary gains.

Refusing Opportunity in the Pursuit of Luck

Young, ambitious individuals who rely solely on luck for success may miss opportunities due to their high expectations.
They often become disillusioned and blame external factors for their lack of achievement.
Instead of blindly waiting for luck, individuals should take advantage of every opportunity, learning from mistakes and refining their skills to achieve success.

There Is No Substitute for Work

Youth should be aware that genuine success requires hard work and talent, rather than relying on luck.
Consistent effort can even cultivate talent, ultimately leading to greater success.
Those who avoid work will likely struggle to achieve a stable and fulfilling life.

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Description

This quiz explores the themes of hard work, judgment, and the misconceptions surrounding luck in achieving success. It argues that true achievement stems from dedication and skill rather than chance. Participants will reflect on the dangers of relying on luck and the importance of proactive effort.