Please watch the following video ...
Peter Thiel: Luck Is Just An Excuse For Not Working Hard Enough
Thinking about courage as we have defined it here in class, as not being fearless but rather as acknowledging fear and then stepping forward through it, answer the following questions ...
1. How do Peter Thiel's comments on luck not really being lucky at all relate to our definition of courage?
2. Thiel also comments that, in the past when he was uncertain about something and basically did not have or use courage to move forward decisively, he has almost always regretted it. What lesson can you take from his experience?
3. Finally, Thiel makes the statement that 'luck' is often used as an excuse for not working hard enough or to stop thinking about the future. There is a great deal of uncertainty regarding the future, especially in business today. How can we - as leaders - have the courage to keep thinking about the future ... and take action - even though it might be risky, uncertain ... and take some courage?