The Formula For Good Luck

Updated: June 18, 2019

Last Wednesday, I met some friends for dinner.

One of them came a few minutes late, which was not really a big deal. But in any case, we asked if traffic was bad, and he confessed that the reason why he’s late was because the lotto lines were long.

“The Grandlotto 6/55 jackpot is now P200M!” he shares with excitement. “That’s why I decided to brave the long line and buy a ticket. Who knows, I might get lucky.”

We all got excited for him, and even imagined and shared what we would do if we won that much money.

Then yesterday, I sent him a text message to ask if he won.

Unfortunately, he didn’t – and the most he got was just 2 numbers out of his 5 tickets.

“Oh well, better luck next time,” I replied back.


Many of us consider “luck” as some random event that just happens – be it good luck or bad luck – and I agree at some level. But I also believe that everyone is capable of creating their own luck.

That is, if you want good things to happen to you… then you have to learn to open your world, take risks, be optimistic, and have perseverance – I believe this is how you create your own good luck.

Roman philosopher, Seneca puts it best when he said:

Luck is what happens when preparation meets opportunity.

And indeed it is like that for me…

I remember almost six years ago, my cousin approached me asking if I wanted to invest in her company. She and her partners are planning to expand and instead of applying for a business loan, they decided to try getting investors first.

They needed a few hundred thousand pesos, and after hearing their business expansion strategy, I decided to take the risk and invest.

Now their company or rather, OUR company, has grown into a multi-millon peso business – and the dividends alone that I receive from it can already cover my basic monthly expenses.

Was I just extremely lucky?

On one part – yes. I am lucky to have a very entrepreneurial cousin.

But for the most part, it was my preparation – the many years of religiously saving money and building my investment fund that really allowed me to seize the opportunity.

A lot of people are waiting and looking for opportunities to come to their life, but only a few are actually prepared to “grab it by the neck” when it comes.

So always remember this formula if you want the odds to ever be in your favor.

Luck = Preparation + Opportunity

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Photo credit: coolmel


  1. “Luck = Preparation + Opportunity”

    This is very true. I first heard it when I was still active in an MLM company before. And I agree that rich people are rich because they have prepared for it even before the opportunity came.

    I also don’t believe that once you win in the lotto, you are already rich. Yes, you maybe a “millionaire”, but if you don’t invest in financial literacy, in 5 years or less, you will also lose that money.

    That is why it is very important to invest in our financial education. 🙂

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