{"id":93762,"date":"2026-04-17T09:03:41","date_gmt":"2026-04-17T14:03:41","guid":{"rendered":"https:\/\/www.bricktowntom.com\/blog\/?p=93762"},"modified":"2026-04-17T09:03:41","modified_gmt":"2026-04-17T14:03:41","slug":"is-your-success-due-to-hard-work-or-luck","status":"publish","type":"post","link":"https:\/\/www.bricktowntom.com\/blog\/04\/is-your-success-due-to-hard-work-or-luck.html","title":{"rendered":"Is Your Success Due To Hard Work Or Luck?"},"content":{"rendered":"<p>Let\u2019s watch a TED talk today. Have you watched this talk from social psychologist\u00a0Paul Piff \u2013 <strong>Does money make you mean?<\/strong>\u00a0Their research team conducted various experiments to see how wealthy people behave. I\u2019m very curious about the role of luck in life. Let\u2019s see what they did in the Monopoly experiment.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-ted wp-block-embed-ted\">\n<div class=\"wp-block-embed__wrapper\">\n<\/div>\n<\/figure>\n<h2>Winning in Monopoly<\/h2>\n<p>I\u2019m sure everyone played Monopoly at least a few times when they were young. It\u2019s one of the most well-known board games in the world. Even I played the game as a kid in Thailand. I never liked Monopoly much, though. Someone always cheated and the game would finish with a fight. I also remember the game taking way too long and I\u2019d lose interest after a while. In contrast, RB40Jr (our son) loves Monopoly. <\/p>\n<p>Paul Piff ran a very interesting Monopoly study with hundreds of people at UC Berkley.\u00a0 First, they determine a \u201crich\u201d and a \u201cpoor\u201d player with a coin toss before starting the game. The \u201crich\u201d player had more starting money, rolled more dice, and received double $$ as they pass GO. The game was rigged so the \u201crich\u201d player can\u2019t lose.<\/p>\n<p>The result was quite interesting. The rich players consumed more (pretzels), became louder, more assertive, more confident, and yes, more full of themselves. When the game was over, the rich players attributed their success to their skill and talent. They felt\u00a0they deserved to win because <b>they played well<\/b>. Largely forgotten was the coin toss at the beginning to determine who would get the advantage in the game. I\u2019m sure the loser didn\u2019t forget that coin toss, though.<\/p>\n<p>Wow, that\u2019s an interesting result. As a <a href=\"https:\/\/retireby40.org\/spouse-early-retirement-strategy\/\">successful early retiree<\/a>, I feel like I\u2019m doing very well in the game of life. I attributed this to hard work, perseverance, entrepreneurial spirit, and the ability to try something new. I didn&#8217;t think luck has anything to do with it until recently. Now, I realize luck is a huge factor. I\u2019m extremely lucky that I have a supportive family and a good education. I also feel incredibly lucky that I live in the good old U.S. of A. Unlike many of our readers, I wasn\u2019t born here. My parents immigrated to the US when I was 12 and that made a huge difference in our lives.<\/p>\n<p>Sure, it was difficult in the beginning as immigrants, but we worked hard and improved our lives over the years. I have no idea where I\u2019d be if we stayed in Thailand. Most of my cousins there are college educated, but there are not many good employment opportunities. Most jobs don\u2019t pay enough for them to buy their own home and many of them still live with their parents. That\u2019s the norm over there, though. One cousin kept changing majors and she is having a difficult time finding a good career. Some started their own businesses and they are doing okay. Everyone is making do, but I feel incredibly lucky to be where I am \u2013 a stay-at-home<a href=\"https:\/\/retireby40.org\/happy-stay-home-dads-easy\/\"> dad\/blogger<\/a> in the US.<\/p>\n<h2>Start with a good hand<\/h2>\n<p>Now that I think about it more, I realize I started out with a lot of advantages.<\/p>\n<ul>\n<li>My parents were college educated and they valued education highly. <\/li>\n<li>My parents were middle-class city folks in Thailand when most of the population worked in agriculture.<\/li>\n<li>We lived a modest lifestyle when I was a kid and it became habitual.<\/li>\n<li>My dad was entrepreneurial and he was never afraid to extend himself and try something new.<\/li>\n<li>My parents were intelligent. Thanks to genetics, I did pretty well in school. My brothers are way smarter than me, though.  <\/li>\n<li>I&#8217;m very lucky that I married the right person. Mrs. RB40 is frugal, smart, supportive, and reliable. She is a team player. <\/li>\n<li>I\u2019m a <a href=\"https:\/\/retireby40.org\/lucky-optimist\/\">lucky optimist<\/a>. Is this genetic? I don\u2019t know, but I\u2019m glad I see the best things in life.<\/li>\n<\/ul>\n<p>Anyway, I know many of us believe we make our own luck, but is that really the case? In the personal finance blogosphere, we have to believe that hard work makes a difference. If you think it\u2019s all down to blind luck or faith, then there really isn&#8217;t much to blog about.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cLuck is what happens when preparation meets opportunity.\u201d <\/p>\n<p><cite>Seneca<\/cite><\/p><\/blockquote>\n<p>Yes, I completely agree. I\u2019m also sure that wealthy folks have much more opportunities and they are more prepared to take advantage of them. Poor folks have to spend a lot of time and effort just to make ends meet. They have fewer opportunities and they can&#8217;t take advantage of them.\u00a0In the end, we probably shouldn&#8217;t dwell on whether we got the good flip of the coin. We just have to play the hand we&#8217;re dealt and work hard to be more successful. Of course, keep an eye open for those opportunities and be ready to take advantage of them. <\/p>\n<p><em><strong>What do you think? Are you successful and is it due to your hard work and dedication? Did you start out with a good hand in this game of life?<\/strong><\/em><\/p>\n<p>Passive income is the key to early retirement. These days, I\u2019m investing in commercial properties with&nbsp;<a href=\"https:\/\/retireby40.org\/crowdstreet\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>CrowdStreet<\/strong><\/a>. They have many projects across the United States. It\u2019s been working so well that I\u2019m planning to sell our rental condo so I can invest more. Sign up for a free account and go check them out!<\/p>\n<p>Disclosure: We may receive a referral fee if you purchase or signup for a service through the links on this page.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/retireby40.org\/success-luck-or-hard-work\/\">Is Your Success Due To Hard Work Or Luck?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/retireby40.org\">Retire by 40<\/a>.<\/p>\n<p>Source: Retire By 40<\/p>\n<p id=\"kc_opp\"><small>Republished by  <a href=\"http:\/\/www.blogtrafficexchange.com\/\">Blog Post Promoter<\/a><\/small><\/p>","protected":false},"excerpt":{"rendered":"<p>Let\u2019s watch a TED talk today. Have you watched this talk from social psychologist\u00a0Paul Piff \u2013 Does money make you mean?\u00a0Their research team &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[52],"tags":[105],"class_list":["post-93762","post","type-post","status-publish","format-standard","hentry","category-a-head-start","tag-strategy"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3k0YU-ooi","jetpack-related-posts":[{"id":92104,"url":"https:\/\/www.bricktowntom.com\/blog\/04\/what-is-an-nft-the-complete-guide-to-non-fungible-tokens.html","url_meta":{"origin":93762,"position":0},"title":"What is an NFT? The Complete Guide to Non-Fungible Tokens","author":"admin","date":"April 30, 2026","format":false,"excerpt":"Non-fungible tokens (NFTs) are a new type of crypto asset taking the blockchain world by storm. It\u2019s hard to go a day without hearing something about NFTs. But what are they, and why are they so popular? 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Can I really quit working full-time at 38 and sustain a comfortable retirement for 30 to 60 years? Mrs. RB40 is still working, but she plans to retire early at some point as well. Finance is a big consideration, but\u2026","rel":"","context":"In &quot;A Head Start&quot;","block_context":{"text":"A Head Start","link":"https:\/\/www.bricktowntom.com\/blog\/category\/a-head-start"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bricktowntom.com\/blog\/wp-content\/uploads\/2022\/08\/krabi2.jpg?fit=400%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":92138,"url":"https:\/\/www.bricktowntom.com\/blog\/05\/a-tale-of-two-teams-and-their-fans.html","url_meta":{"origin":93762,"position":2},"title":"A tale of two teams \u2013 and their fans","author":"admin","date":"May 4, 2026","format":false,"excerpt":"The word fan comes from the word fanatic, meaning an enthusiastic devotee, usually as a spectator. 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