“Luck is where preparation meets opportunity.”
Kevin Hartz, co-founder of Eventbrite, believes that this quote by Seneca embodies the recipe for success. And because history has the habit of repeating itself, we can easily find this pattern in the past. The “luck equation’ can be found in companies like YouTube and PayPal.
Success is not only about building terrific platforms and great technologies, but also about capturing the moment and the opportunity when that becomes available.
For PayPal, the opportunity was eBay, but sometimes the opportunity can be beyond the business scope. When the tsunami hit in 2004, YouTube was only a small dating site. But at the time, people felt the need to circulate the video footage they had from the tsunami. And YouTube grasped the chance.
Kevin also offers three lessons from his luck equation. What are those lessons? Watch Kevin’s talk to find out.
You can watch more great talks at TNW Video.