Running a Successful Business Takes More Than Just Good Luck

Success means the achievement of something desired, planned, or attempted. There are several ingredients that lead to success; one of them is luck. Luck is defined as an unknown or unpredictable phenomenon that contributes to a favorable outcome. Many important discoveries have been made by accident, and many inventions that brought significant breakthroughs have been created while people were actually trying to invent a different device. Running a business sometimes also needs good luck. For …

…Blitzer et al. says, "managers who are upfront about possible layoffs may promote a greater sense of security than those who hide the fact" (59). Thus, employees who have high self-esteem will make great contributions to the company. In conclusion, running one's own business is not only a great opportunity but it also is a challenge today. In order to succeed in a business, people should develop perseverance, accept help and advice, and build employees' self-esteem.