Success and Luck book cover

Success and Luck by Robert H. Frank Summary

Success and Luck
Robert H. Frank
3.7 (1227 Reviews)
Economics
Business
Self-growth
Überblick
Wichtige Erkenntnisse
Autor
Häufige Fragen

Overview of Success and Luck

In "Success and Luck," economist Robert Frank reveals how fortune shapes achievement despite our meritocracy myths. After surviving cardiac arrest because an ambulance happened to be nearby, Frank challenges readers: What invisible advantages propelled your success story? A provocative rethinking of who truly deserves what.

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Wichtigste Erkenntnisse

1

The Luck Factor: Why Success Isn't Just About Hard Work

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What if your entire life hinged on a random phone call? For Robert Frank, it did. After suffering sudden cardiac death while playing tennis - an event with a 98% mortality rate - he survived only because his friend performed CPR without formal training and an ambulance happened to be nearby. While most acknowledge luck in life-or-death scenarios, many fiercely resist the notion that marketplace success depends significantly on fortune. Yet as Bill Gates once admitted about his own extraordinary success: "I had better exposure to software development at a young age than anyone in that period, all because of an incredibly lucky series of events." This tension between merit and chance forms the heart of our complex relationship with success.

2

Winner-Take-All: When Small Differences Create Massive Rewards

3

The Mona Lisa Effect: How Random Events Create Extraordinary Success

4

The Psychology of Denying Fortune's Role

5

The Hidden Costs of Denying Luck's Importance

6

The Golden Opportunity of Collective Action

7

Embracing Luck: The Path to a More Grateful Society

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@Chloe, Solo founder, LA
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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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@Jaded_Falcon
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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likes
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"Makes me feel smarter every time before going to work"

@Cashflowbubu
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star
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@Moemenn
platform
star
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
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star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
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star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
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