MBA Takeaways - Part 2

Formula for success = 10% What you know + 40% Who you know + 50% Luck

Some people call it being at the right place at the right time. Some call it luck. But I realized it plays a big role in success. What you know or how capable you are are not the biggest factors. Who you know is another way to say how well you can network. I just can't emphasize the importance of that. But then, in the end, did you network with the right guy at the right time? Or in other words, were you lucky? I don't know the answer yet.

Bottomline is that my notion that a superman will be successful always was totally transformed. There are several factors that go into the equation, and other intangible factors sometimes dominate. I would end by quoting what Jim Whitehurst told a group of MBA students (including me) - A CEO who says that he was successful only because of his capability is either lying or is too insecure. Luck plays a critical role!