Why Luck Isn't Necessarily Overrated

More

As one famous person's life proves, the right circumstances can have a dramatic effect on success

tenner_gates.jpg

Reuters


Can luck be quantified? Jim Collins and Morton T. Hansen think so in an essay in the New York Times. Their poster child is Bill Gates, of course, and they rightly point out that many other affluent young white people had similar educations and early exposure to computing. And perhaps if you tote up all their "lucky" and "unlucky" events and weight them equally he was no luckier, they argue, his actual and potential competitors.

But some breaks are luckier than others. The authors mention Bill Gates' luck that negotiations between Digital Research and IBM to license the CP/M operating system broke down, but they don't cite another well-known break. From the same newspaper's obituary of Mr. Gates' mother, Mary:

She was . . . appointed to the board of the United Way of America; in 1983, she became the first woman to lead it.

Her tenure on the national board's executive committee is believed to have helped Microsoft, based in Seattle, at a crucial time. In 1980, she discussed with John R. Opel, a fellow committee member who was the chairman of the International Business Machines Corporation, the business that I.B.M. was doing with Microsoft.

Mr. Opel, by some accounts, mentioned Mrs. Gates to other I.B.M. executives. A few weeks later, I.B.M. took a chance by hiring Microsoft, then a small software firm, to develop an operating system for its first personal computer.

The success of the I.B.M. P C gave Microsoft and its MS-DOS (for Microsoft Disk Operating System) a lift that eventually made it the world's largest software company for personal computers. Sales now exceed $3 billion.

Yes, some lucky people fritter their breaks away with poor execution. And others rebound from adversity creatively through great execution, turning negative people to their advantage. As Larry Ellison put it: "I had very strong authoritarian figures, both in school and at home, which served as wonderful examples of how not to be." (I've called that schmentoring.)  Still even some brilliant, resourceful managers, through no fault of their own, don't find the right opportunity. Luck may be rarely sufficient, but sometimes it's necessary. And the Gates case, at least, shows it still helps to choose your parents wisely.

Jump to comments

Edward Tenner is a historian of technology and culture. He was a founding advisor of Smithsonian's Lemelson Center and holds a Ph.D in European history. More

Edward Tenner is an independent writer and speaker on the history of technology and the unintended consequences of innovation. He holds a Ph.D. in European history from the University of Chicago and was executive editor for physical science and history at Princeton University Press. A former member of the Harvard Society of Fellows and John Simon Guggenheim fellow, he has been a visiting lecturer at Princeton and has held visiting research positions at the Institute for Advanced Study, Woodrow Wilson International Center for Scholars, and the Princeton Center for Information Technology Policy. He is now a visiting scholar in the Rutgers School of Communication and Information and an affiliate of the Center for Arts and Cultural Policy of Princeton's Woodrow Wilson School. He was a founding advisor of Smithsonian's Lemelson Center, where he remains a senior research associate.
Get Today's Top Stories in Your Inbox (preview)


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Miami: The Next Big Start-Up City?

How the city became a center for innovation

Video

Video

A Brief History of Romantic Comedies

From The Atlantic's Chris Orr

Video

Life in 'the New Arctic'

A moving portrait of a fading landscape

Video

Video

The Rise of New York City

A fascinating look at Manhattan in the 1940s

Video

What Is Methane Hydrate?

"Flaming ice" is a vast natural energy source

Video

NASA's Time-Lapse of the Sun

Now with epic dubstep music

Video

Shaken Not Tuned: Cocktail Experiments

Can a tuning fork improve a cocktail?

Video

Video

Is He Cheating? A 1950s Guide

'That little blonde secretary from the office?’

Video

New Yorkers: Vintage Vacuum-Tube Amps

Risking electric shock to restore old amplifiers

Video

The DIY Piano-Bicycle

Everybody needs a hobby

Writers

Up
Down

More in National

In Focus

Photos of Tornado Damage in Moore, Oklahoma

From This Author