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October 29, 2013

Video: GDL Root Access: The Intersection of Skill and Luck

In the seven-plus years I've run this blog, one of the more frequent discussions is around how the factors of skill, effort, opportunity and luck intertwine to result in a positive outcome (or not) for companies and individuals. Earlier this month, we talked about how you need to do more than just show up in Silicon Valley to gain traction, and back in 2009, I took on the required intersection of skill and luck, wondering aloud how good employees at unsuccessful ventures differentiate themselves from bad employees at successful places. Unfortunately, no magic.

So fellow Googler +Don Dodge and I talked about this very thing on a +GDL Root Access event last week, making it clear that for every great story of startup success you read about on the Web, there are handfuls more that you might not ever hear about, or close down with a whimper. I've long said that celebrating failure never helped anyone, but we should be aware of it, and learn from it. Tune in to our embedded YouTube discussion below. The debate runs just over seven minutes.