Makaveli2007 - 2:50 pm on Oct 21, 2009 (gmt 0)

@buckworks: I agree that the harder you work the "luckier" you get it seems, but if there's a correlation between how "lucky" you are and how hard you work then obviously that isn't really luck imho.

I would define luck as factors that are beyond your control, not something you can improve through hard work.

Defining an online entrepreneur...that one is tricky, I guess :-). I would simply define it as somebody trying to earn a living running websites. Whether it's selling his (or her) own product, or affiliate products, or adsense.

And being s uccessful I would define as making a normal income that can support himself/herself the same way a day job could.

@piatkow:

That's not what I meant, at all. I meant it as in taking a "portfolio approach". If someone who has been working as an SEO consultant for a long time, decides to run his own show, and they're successful at it, they'll usually end up running more than one single site, in the end (if they're successful at it)...whether they start them one after another, or a few at the same time.

Business owners/offline entrepreneurs usually can't run more than one business at the same time.

And the more "investments" you have in your "portfolio", the less likely luck is to play a role in the long run.