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Success Quote by James Cash Penney

"Luck is always the last refuge of laziness and incompetence"

About this Quote

“Luck” here is a punchline with teeth: a word people reach for when they want the story of failure to feel less personal. Penney, a merchant who built a retail empire on systems, standards, and relentless execution, isn’t denying randomness exists. He’s attacking the way “luck” gets used as a moral alibi. In his framing, it’s not a neutral description of chance; it’s a rhetorical hiding place, the last place you crawl when the ledger of decisions comes due.

The intent is managerial and disciplinary. Penney is drawing a hard line between outcomes you can influence and excuses you can’t audit. Calling bad results “bad luck” becomes a way to avoid the uncomfortable accounting: Did we prepare? Did we learn the market? Did we treat people well enough to earn loyalty? Did we work? The subtext is Protestant-capitalist severity, the idea that competence looks like boring habits repeated until they become infrastructure.

Context matters: Penney’s America was increasingly industrial, competitive, and obsessed with self-making. In that world, “luck” threatens the core myth that effort equals reward. So he flips the script: blaming luck isn’t humility, it’s evasion. The line also functions as a cultural weapon in the workplace. It pressures employees to translate misfortune into process improvements, not narratives. That’s bracing, even motivating. It can also be cruel: the same logic can erase structural disadvantage, recessions, illness, and the very real volatility of markets.

That tension is why the quote still lands. It’s both a goad toward responsibility and a warning about the stories we tell to stay comfortable.

Quote Details

TopicWork Ethic
SourceHelp us find the source
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Citation Formats

APA Style (7th ed.)
Penney, James Cash. (2026, January 17). Luck is always the last refuge of laziness and incompetence. FixQuotes. https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/

Chicago Style
Penney, James Cash. "Luck is always the last refuge of laziness and incompetence." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/.

MLA Style (9th ed.)
"Luck is always the last refuge of laziness and incompetence." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/luck-is-always-the-last-refuge-of-laziness-and-60363/. Accessed 12 Feb. 2026.

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About the Author

James Cash Penney

James Cash Penney (September 16, 1875 - February 12, 1971) was a Businessman from USA.

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