Luck, Opportunity, Skill, Hard work
1. Hard work
2. Skill
3. Opportunity
4. Luck
Hard work is arguably the most important quality for economic success, far more than skill. An unskilled person who works tirelessly is completely able to surpass a skilled person who does very little. Personal skill means nothing if it is not put into action. Opportunity is ranked in the third position because without skill or hard work, opportunities for economic success will never arise or never go far. If a businessman wishes to be successful, he first has to be hard working and skilled before he can properly take advantage of his opportunities. Luck is listed lastly for obvious reasons. Luck is completely arbitrary and impossible to control. Someone may think they are "lucky", but fail time and time again or consider themselves "unlucky" and win the lottery. It is a mindset, rather than some situation changing variable. The existence of luck can even be argued. Every person on this planet makes conscious decisions for some reason or another, so why wouldn't everything happen for a reason?
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