4 Guaranteed Ways To Increase Your Luck and Make a Ton of Money
Have you ever wondered why some people seem to effortlessly make a ton of money while others struggle? The secret may lie in understanding and harnessing the power of luck. In this post, I’ll explore four different types of luck and share strategies to maximize your fortune.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.
Table of Contents
The Four Types of Luck
1. Blind Luck
Blind luck is what most people think of when they hear the word “luck”. It’s the type of luck that smiled upon the guy who liquidated his life savings to invest in Dogecoin, only to become an overnight millionaire when the meme-inspired cryptocurrency skyrocketed in value.
While it’s incredible to think about, blind luck is actually the least interesting form from a strategic perspective. By definition, there’s nothing you can do to increase your chances of being on the receiving end. The universe either bestows its blessings upon you or it doesn’t.
That said, it’s worth acknowledging that every single person alive today is the recipient of an unfathomable amount of blind luck. The mere fact of your existence, with all the variables that had to align across time and space for you to be born, is nothing short of miraculous. So in a sense, you’re already infinitely lucky.
2. Hustle Luck
The old adage is true – fortune favors the bold. Hustle luck is all about putting yourself out there and taking as many swings at bat as possible, trusting that eventually you’ll hit a home run. In today’s world, the consequences of striking out are lower than ever before. Worst case, you get fired or lose a relationship – downsides that pale in comparison to the potential upside of making a ton of money.
The key with hustle luck is gaining momentum. Objects in motion tend to stay in motion. Most people never even get started because summoning the initiative is the hardest part. But once you break through that initial inertia, progress becomes increasingly easy. Take enough shots, and the law of averages dictates you’ll eventually land a lucky break that can change everything.
3. Preparation Luck
Preparation luck occurs when you have the unique combination of skills, experience and foresight to recognize an opportunity that others would miss. It’s about putting in the hard work behind the scenes so that you’re ready to capitalize in that critical moment.
Maybe you spent years honing your craft, giving you the domain expertise to see what’s coming around the corner. Or you read voraciously and connect dots that others don’t see. Preparation luck is ultimately about increasing your odds of being in the right place at the right time to make a ton of money.
The tricky part is that life is infinitely complex. Most people are oblivious to the opportunities right in front of them because spotting them, let alone positioning yourself to benefit, is incredibly difficult. Which leads me to the most important type of luck…
4. Unique Character Luck
Across the vastness of time and space, there has never been and will never be another person exactly like you. Your completely unique combination of knowledge, experiences, skills, interests, fears, and desires makes you singularly equipped to capitalize on certain opportunities better than anybody else in existence.
Imagine you’re the world’s greatest deep sea diver, known for your ability to pull off dives nobody else will attempt. Suddenly, when treasure hunters discover a shipwreck in a treacherous location at the bottom of the ocean, their lucky find becomes your golden opportunity to make a ton of money. Your unique character has transmuted their blind luck into your well-deserved reward.
This illustrates a key insight – when developed properly, your unique character puts you in the enviable position of benefiting from other people’s luck. It’s the most powerful form of luck, but also the one we most commonly overlook as luck at all, instead attributing it to fate or destiny. But make no mistake, your unique essence is a lightning rod for luck.
How to Increase Your Luck
So now that we understand the four types of luck, how do we go about increasing ours to make a ton of money? Simple – focus relentlessly on the third and fourth types, preparation and unique character, since these are the ones most directly under your control.
In my experience, there are four areas to focus on:
1. Energy
To maximize your luck, you need to put yourself out there and take as many shots as possible. This applies to all areas of life:
- How many meaningful conversations are you having with friends, family, colleagues and strangers every day? Success is often more about who knows you than what you know.
- How much are you creating and putting into the world? Whether it’s content, products, services, or art, the more you put out, the higher your chances of a lucky strike. Even the most successful “overnight success” stories are usually preceded by years of tireless effort.
There’s simply no way around it – maximizing luck requires a massive output of energy. So roll up your sleeves, get to work, and trust that your efforts will be rewarded in due time, because they almost always are for those who persist long enough.
2. Curiosity
Curiosity may be an even greater predictor of success than raw intelligence. While both are important, curiosity is what drives you to constantly seek out new knowledge, experiences and perspectives. The more curious you are, the larger your library of mental models to draw upon when spotting opportunities to make a ton of money.
But perhaps more importantly, curious people ask better questions. And in a world where the entire scope of human knowledge is available at our fingertips, the ability to formulate insightful questions becomes the real differentiator. Develop an insatiable curiosity and your path will inevitably be paved with serendipity.
3. Creativity
Creativity is the ability to combine disparate pieces of information in novel ways that are useful. The first part of the equation is a function of the breadth of raw material you have to work with, which circles back to curiosity. But the real magic happens when you develop the mental flexibility to link those inputs together to produce solutions nobody else sees.
The challenge is that our brains are wired for pattern recognition and love to conserve energy by applying the same tried and true approaches. We get stuck in mental ruts, doing things the way we’ve always done them because it’s worked well enough. But making a ton of money often requires a drastic departure from the status quo.
Creativity is the cognitive grease that prevents your mind from getting stuck. Actively search for unconventional ways to connect the dots, even if it’s unnatural and exhausting at first. Original thinking is difficult, but it’s the skill that will lead you to the proverbial pot of gold at the end of the rainbow.
4. Uniqueness
Finally, understand that you are a completely unique collection of traits and experiences. Nobody else has lived your singular life. Embrace that and actively work to cultivate your own flavor of weirdness.
What are you particularly knowledgeable or skilled at? What are your quirks, passions and perspectives? How can you creatively combine your idiosyncrasies into a personal brand that stands out and provides unique value to others?
Becoming a distinct character, with a unique point of view, makes you a one-of-a-kind attractor for luck and a prime candidate to make a ton of money. When special opportunities arise, there will be an unambiguous reason for luck to choose you out of the crowd.
The key is truly understanding yourself. I find that writing is by far the most powerful tool for doing this. By putting your thoughts on paper, you render them physical and force yourself to wrestle with them at a deeper level. You’ll often find that many of your beliefs don’t survive this process of examination. But the ones that do form the core of a rock-solid unique character.
Conclusion
The truth is, you have way more agency over your luck than you probably realized. Obviously you can’t control everything, but you can certainly influence the odds in your favor and position yourself to make a ton of money when fortune does come knocking.
Focus relentlessly on taking massive action, stoking your curiosity, thinking creatively, and embracing your unique essence. Do these things consistently and luck will become your loyal companion. Because ultimately, luck is little more than the universe’s way of rewarding those who do the work and put themselves in fortune’s path.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.