Through various affiliate programs, we earn a commission from qualifying purchases when you click affiliate links. This is at no extra charge to you and offsets our cost of creating this content.
Finding success in business and in life is something that most people aspire to achieve. However, despite their best efforts, success can often be elusive. Many people feel like they are stuck in a rut, unable to achieve the success they desire, no matter how hard they try.
The truth is most of us have been shown the wrong ways to find success. These traditional methods don’t work. We will peel away the complex layers of finding success and break it down to simple, yet effective steps. You can then find the success that is missing in your life.
Table of Contents
- The Role of Luck in Finding Success
- How to Succeed in Business and in Life
- Step 1: Set Clear Goals
- Step 2: Develop a Growth Mindset
- Step 3: Build Strong Relationships
- Step 4: Continuously Learn and Improve
- Step 5: Take Calculated Risks
- Why These Steps Are Effective
- Putting It Together: The 80/20 Approach to Succeed in Business and Life
- Additional Reading for Helping You Succeed in Business and Life
- Conclusion
The Role of Luck in Finding Success
Daniel Kahneman, a Nobel Prize-winning psychologist, once said that success is a combination of talent and luck. While talent is something we can control, luck is something that we can’t. Great success, however, is a combination of a little more talent and a lot of luck. This means that while we can work on developing our skills and talents, luck and chance also play a significant role in our success.

How to Succeed in Business and in Life
Now that we understand the importance of developing new strategies for finding success, let’s dive into the details of the steps that can help us achieve our goals in business and in life. These steps require effort, dedication, and persistence, but the rewards are worth it. By taking action on these steps, we can increase our chances of finding success and creating a life that we love.
Step 1: Set Clear Goals
Setting clear goals is the foundation for achieving success in business and in life. It provides us with direction and purpose, helping us to prioritize our time, energy, and resources. Clear goals also help us to stay motivated and on track, especially during challenging times. When setting goals, it’s important to make them specific, measurable, achievable, relevant, and time-bound. By doing so, we can clearly define what success looks like and track our progress along the way.
Step 2: Develop a Growth Mindset
A growth mindset is the belief that we can always learn, grow, and improve. It’s essential for success in business and in life because it allows us to stay resilient and persevere through setbacks and challenges. With a growth mindset, we embrace failures as learning opportunities and see challenges as opportunities for growth. We focus on the process of learning and improvement rather than solely on the outcome. To develop a growth mindset, we can start by recognizing our fixed mindset tendencies and making a conscious effort to reframe our thoughts in a more positive and growth-oriented way.
Step 3: Build Strong Relationships
Building strong relationships is crucial for success in business and in life. It involves developing connections with people who can support, inspire, and challenge us. Networking is a powerful tool for building relationships, but it’s important to approach networking with a genuine interest in getting to know others, rather than simply seeking out potential business opportunities. Building strong relationships takes time, effort, and trust, but the benefits are immeasurable.
Step 4: Continuously Learn and Improve
Continuous learning and improvement are key to success in business and in life. It involves seeking out new knowledge, skills, and experiences that can help us grow and achieve our goals. By continuously learning and improving, we can stay ahead of the curve, adapt to change, and find new opportunities for growth and success. To continuously learn and improve, we can read books, attend seminars, take courses, seek out mentors, and embrace new experiences.
Step 5: Take Calculated Risks
Taking calculated risks is necessary for success in business and in life. It involves stepping out of our comfort zone and pursuing opportunities that have the potential for great rewards. However, it’s important to do so in a calculated way, weighing the potential risks and rewards and taking steps to minimize potential negative outcomes. By taking calculated risks, we can push ourselves to grow, learn, and achieve our goals.
By following these steps, we can increase our chances of finding success in business and in life. Setting clear goals provides direction and focus, developing a growth mindset helps us stay resilient, building strong relationships provides support and resources, continuously learning and improving helps us stay ahead of the curve, and taking calculated risks helps us pursue opportunities with potential for great rewards. It’s time to take action and put these steps into practice to achieve the success we desire.
Why These Steps Are Effective
By following these steps, we can increase our chances of success. Setting clear goals provides direction and focus. Developing a growth mindset helps us stay resilient and persevere through setbacks. Building strong relationships provides support and resources. Continuous learning and improvement help us stay ahead of the curve, and taking calculated risks helps us pursue opportunities with potential for great rewards.
Putting It Together: The 80/20 Approach to Succeed in Business and Life
The 80/20 approach to finding success in business and life involves focusing on the 20% of actions that will yield 80% of the results. By setting clear goals, developing a growth mindset, building strong relationships, continuously learning and improving, and taking calculated risks, we can identify the 20% of actions that will have the greatest impact on our success.
By focusing on these key actions and prioritizing them above all else, we can achieve our goals more efficiently and effectively.
The 80/20 approach also involves embracing the concept of minimalism, which involves removing unnecessary distractions and simplifying our lives. By eliminating the clutter and noise that can hold us back, we can focus more fully on the key actions that will bring us closer to our goals.
This can involve simplifying our work processes, decluttering our physical space, and cutting back on non-essential activities. By streamlining our lives and focusing on what truly matters, we can achieve greater success in business and in life.
Additional Reading for Helping You Succeed in Business and Life

When and how to take risk and increase your success in business and in life.
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets 2nd Ed.
By Nassim Nicholas Taleb, Random House, New York, NY 2008.
Conclusion
If we put these steps into action, we can increase our chances of finding success in business and in life. By setting clear goals, developing a growth mindset, building strong relationships, continuously learning and improving, and taking calculated risks, we can overcome obstacles and achieve our goals. It’s time to be bold enough to try out these steps and give ourselves the best chance of finding success. With determination, hard work, and a little bit of luck, we can achieve great success in business and in life.
Throughout the negotiation, you should be aware of how the other party is reacting to your anchor and adjust your approach accordingly. If they are receptive to your position, you may be able to push for more favorable terms. If they are resistant, you may need to make concessions or explore other options.
Shaun Mendonsa, PhD is an influencing expert and pharmaceutical development leader. He writes on the topics of influence and persuasion, and develops next generation drugs in human pharma by advising international pharmaceutical CROs and CMOs. He can be reached at [email protected].
Keywords
Daniel Kahneman, Leadership Development, Personal Development, Nassim Taleb, 80/020 Rule, Simplification, Career Development
As an Amazon Associate we earn from qualifying purchases.
Advertised Business Content
Advertisement
LEGO Minifigures Marvel Series 2 6 Pack 66735 Mystery Blind Box, Surprise Collectible Characters for Role Play or to Add to a Minifigure or Marvel Collection, A Gift for Disney and Marvel Fans
$29.99Taco Cat Goat Cheese Pizza
Magic Mixies Pixlings. Unia The Unicorn Pixling. Create and Mix A Magic Potion That Magically Reveals A Beautiful 6.5" Pixling Doll Inside A Potion Bottle!
$17.99Gabby’s Dollhouse, Purrfect Dollhouse with 15 Pieces including Toy Figures, Furniture, Accessories and Sounds, Kids Toys for Ages 3 and up
Play-Doh Handout 42-Pack of 1-Ounce Non-Toxic Modeling Compound, Kid Party Favors, School Supplies, Assorted Colors, Ages 2 and Up
$16.99STAR WARS The Black Series Baylan Skoll, Ahsoka Collectible 6-Inch Action Figure, Ages 4 and Up
$24.99LEGO Star Wars The Mandalorian’s N-1 Starfighter Microfighter 75363 Building Toy Set for Kids Aged 6 and Up with Mando and Grogu 'Baby Yoda' Minifigures, Fun Gift Idea for Action Play
Pokémon TCG: Scarlet & Violet — 151 Ultra-Premium Collection
Litand Soft Stacking Blocks for Baby Montessori Sensory Infant Bath Toys for Toddlee Toddlers Babies 6 9 Month 1 2 Year Old
Sassy Stacks of Circles Stacking Ring STEM Learning Toy, Age 6+ Months, Multi, 9 Piece Set
Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.