I’ve grudgingly come to admit that there’s some luck in the world. A belief that luck doesn’t exist is useful for getting a lot and developing a sense of internal control over one’s life, but okay, there’s random variables that hit. A new definition of luck, then, is something like – Luck: The outcome of [...]

The organizational structure you put people in has a huge bearing on how they perform. If a person is in a small town, they’ll act differently than a large city. It’s not that they’ll consciously choose different options, per se – instead, they’ll naturally have different stimuli. Add in different constraints and incentives, and you [...]