Is success a result of being lucky or is because of hard work?

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Hard work is what we are told is the foundation of success. It is the combination of dedication, persistence and effort over a period of time. Many people have achieved success after persistent efforts. I graduated as an engineering student. I did put efforts in college and hence ended up with a job once out of college. There are few who did not fare well in the grades compared to mine. As I look back after the college time, today these few who did not fare well are doing relatively well in professional and financially better than me. Looking at them , I feel luck undeniably plays a big role when it comes to success. They could seize the right opportunity at right times , whereas even with persistent efforts , the open doors of success has not opened for me. Do not get me wrong, I am happy for them but then when I look at myself , I feel I have not reached where I should be in life and still struggling financially. So do you believe success a result of being lucky or is because of hard work?