I heard Grant Hill of Duke Basketball and the NBA say, describing the UK/Duke NCAAB game from the early 1990's - which really may be the greatest college basketball game ever played - that "Luck favors the prepared...". I agree. In terms of entrepreneurship and business, I believe that that means having an economic apparatus which capture "lucky" events and swallow then into the project or organization. And, this requires a strong capacity of patience, since luck is rare.
