October 9, 2023

Luck vs Skill

This week on TBOA, Rochelle and I explore the roles of luck vs. skill in making the best decisions for your expertise business.


Talking Points

Why the stories we tell ourselves about our luck vs. skill aren’t always true.

Why most of your business bets will be small-ish stakes (a series of pivots) vs. flinging yourself into the volcano.

The early signs your bet is working—or not—and why we tend to ignore them.

How to make your feedback loops shorter to increase your longer-term likelihood of success.

Why it’s helpful to determine the roles luck vs. skill played in past big decisions (and the factors we consider).

Sharing is caring!

If you enjoyed this episode, please consider sharing it with a few friends who might find it useful. Thanks!



P.S. Have you ever thought about starting your very own podcast but gave up on the idea?

I’ve got good news for you!

If you can run a Zoom call, you can host a podcast.

In my 5-Day Podcast Challenge, you will learn exactly what to do (and NOT do) to get your podcast off the ground in as little as five days.

The October 2023 session of 5DPC started TODAY!

It’s not too late to enroll, but it will be at 11:59pm ET.


I hope to see (and hear) you there!