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Luck and smartness in business success

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You might have hit the two factors. It is true that luck can play a big part in success. Sometimes it is about being in the right place at the right time or having opportunities presented to you that others don't. And smartness- which can mean different things, from academic intelligence to street smarts-is definitely important and the best to apply in business.

But it is not always a single equation of luck + smart = success. What do you think about the role of other factors, like perseverance, hard work, and maybe even a bit of risk-taking? Do you think those are important too? I am curious to hear more about your thoughts.
 
Here merit, hard work, experience does not matter in the internet sector, some well connected fraud housewives and other cheaters are getting great powers, monthly government salaries only for robbing data and making fake claims of domain ownership since 2010.
 
Being smart leads you to the potential luck. Another factor is persistency and perseverance. Also, having a unlimited patience will lead you to success of your business and whatever endeavors you want to achieve successfully.
 
Over here when running a business, being smart plays a very important role. Once smart and are able to notice opportunities and make use of them, it can be considered as being lucky.
 
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