Emerging Technologies

A physicist developed a simple formula for achieving long-term success

DAVOS/SWITZERLAND, 26JAN13 - Albert-Laszlo Barabasi, Director, Center for Complex Network Research (CCNR), USA; Global Agenda Council on Complex Systems speaks during the Session 'Science Uncovered with Nature Magazine' at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 26, 2013.Copyright by World Economic Forumswiss-image.ch/Photo Urs Jaudas

Albert-Laszlo Barabasi explaining his research Image: Flickr - World Economic Forum

Andy Kiersz
Quant Reporter, Business Insider
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Emerging Technologies?
The Big Picture
Explore and monitor how Values is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Values

The key to success comes down to a mix of finding what you are good at and sticking with it.

Physicist and network scientist Albert-László Barabási recently published a book, " The Formula: The Universal Laws of Success," laying out his and his colleagues' research into the nature of success.

In an excerpt from the book at TED, Barabási describes his basic findings in the form of a simple equation. The degree of success for a given product, scientific paper, artwork, or other endeavor, denoted "S," is broken down into two components: The essentially random quality of the underlying idea, symbolized by "r," and the ability of the creator behind the project to actually bring ideas in a given field to fruition, which Barabási calls the "Q-factor."

With that framework in mind, success is the product of the random initial idea and the Q-factor of the creator: S = Qr.

As an example of the importance of both components of the success formula, Barabási points out that Steve Jobs — someone with an undoubtedly high Q-factor in the realm of designing consumer electronics — had a list of unsuccessful products to his name as well. Barabási wrote, "Think AppleLisa, NeXT, the G-4 Cube, MobileMe. Never heard of them? They're in the graveyard of Jobs's many failures. If an idea has a small r value, no matter how high the Q, the product will be cheapened."

Of course, Barabási also noted that a strong combination of a capable, high-Q-factor creator with a really good initial idea can create extremely successful results: "When the Q-factor and r are both high, they enhance each other, leading to a career-defining breakthrough. Think of the iPhone — a fantastic idea with brilliant execution, resulting in the product that defined Jobs's legacy."

One perhaps surprising result Barabási and his colleagues found was that a given individual's Q-factor in a particular field tended to stay more or less constant over time. That is, they found that a creator's ability to take advantage of good ideas in their field neither improved with experience nor atrophied with age.

Have you read?

That presents a double-edged sword to anyone trying to find success in their career. On the one hand, repeated struggles in a particular field could suggest an underlying lack of talent in that field. Barabási wrote, "if our Q-factor isn't resonating with our job, we should consider if we've pinned our hopes on the wrong career path."

On the other hand, Barabási noted that the relative constancy of a Q-factor in a given field means that one's best work can happen at any point in their career. Barabási gave the example of the physicist John Fenn, who after a long and fairly low-impact scientific career developed a revolutionary technique for measuring the masses of large molecules at the age of 67. Fenn would later go on to win the 2002 Nobel Prize in Chemistry for his late-career work, Barabási noted.

Barabási's research suggests that a good way to succeed is to find what you are good at and then keep trying new things in that field. "The key to long-term success from a creator's perspective is straightforward: let the qualities that give you your Q-factor do their job by giving them a chance to deliver success over and over," he wrote.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Emerging TechnologiesEducation and Skills
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

CEOs and CFOs, take note: The 3 pillars of successful GenAI adoption

Kalin Anev Janse and José Parra Moyano

April 22, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum