Competition legitimizes the winners. A job candidate chosen after interviewing and testing 1000 candidates is considered more legitimate and assumed to be more qualified than someone who was hired without an elaborate and intense process.

But that's not how it works, according to two studies from researchers at Oxford and The University of Gothenburg. In Does the cream rise to the top?, Thomas Noe and Dawei Fang try to determine whether the winners of highly competitive, high-stakes contests are talented or merely lucky.

My high school football coach always said that luck is when preparation meets opportunity.

If that’s the case, putting yourself in a position to get more opportunities is really the best way to win in a remote market.