From Paul’s Newsletter article – Success is for the lucky
It doesn’t matter if the past 10 ideas you launched did well. It doesn’t matter if you have the best advisers on the planet. It especially doesn’t matter if you use an existing model that someone else has used with a ton of success.
Paul talks about several other factors which seem to lead to success but really do not. I love his conclusion.
This is the only common thread with successful entrepreneurs: they keep trying different ideas until one sticks.
How True! Past performance is no guarantee of future success. I have seen this (and experienced it) from my own ventures as well as several friends of mine.