• 83: Luck Favours The Prepared

  • May 4 2025
  • Length: 11 mins
  • Podcast

83: Luck Favours The Prepared

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  • Summary

  • You’ve probably heard the saying: “The rich get richer during a recession.”

    But here’s the truth: It’s not the crisis that makes people successful—it’s their preparedness.

    In this episode of BusinessIsGood, I share one of the best lessons I’ve learned from Dan Sullivan of Strategic Coach:

    “Give half the credit to luck—and the other half to your ability to take advantage of it.”

    Luck will come. Opportunities will show up. The real question is—will you be ready?

    Using real examples from the COVID lockdowns, I talk about how some entrepreneurs didn’t just survive—they came out stronger. They grew their businesses by:

    • Focusing in on their core clients
    • Trimming unnecessary expenses and complexity
    • Adding new services that created lasting revenue streams
    • Finding themselves with less competition and more market share after the dust settled

    I also talk about the opportunity sitting right in front of us today, during the current financial squeeze—and how those who are prepared (with cash reserves, low debt, and a clear plan) will be the ones who grow while others retreat.

    If luck is where preparation meets opportunity, then this episode is your invitation to get prepared—because opportunity is coming.

    The only question is: Will you come out stronger… or set back?

    Connect with Chris Cooper:

    Website - https://businessisgood.com/
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