Be it in winning or be it in losting, timing plays an important role. One of the reasons why you should not try to duplicate somebody’s success. While you may be able to copy the actions by this successful person, you can be certain that you can’t recreate the timing of those actions.
The other events to watch out for is when you are wildly successful in something (too good to be true) or you fail miserably (too bad to be true) that’s a sign that timing has played – positively in the former case and negatively in the latter case.
For those of us living in the Silicon Valley for a while, we got to witness the importance of timing in a glaring fashion between 1997 to 2000. It was a wild ride dubbed as the “dot com boom”. Almost every company with or without a reasonable business model was making money. The circumstances were clearly a demonstration of the old saying “the rising tide lifts all.”
When I bring this up in my talks, there is typically an argument stating that I am stretching this to an extreme. May be I am. But the point I am making is that when you succeed splendidly or when you fail miserably, please take note of what role “timing” has played in those events. This will help you to determine whether to try and replicate (or not replicate in case of failure) the actions to repeat the success or just learn from what happened.
Note: For other articles in the same series, please see my Squidoo Lens on the same topic
Squidoo Lens: Distinguish Yourself