Did you hear about the CEO of a successful food delivery company who sold his 15-year-old company for $589 million? That’s exciting for him, no doubt. But did you hear what he did with $27 million of his new fortune? He shared it with more than 100 employees who were high performers and who had been with the company for more than two years. The average bonus worked out to be 150 months of wages.
Most of us love to hear stories like that, probably because those who received the bonus happened to be at the right place at the right time and otherwise would never have imagined themselves receiving such an unexpected windfall. We share their joy in part probably because we can picture ourselves in that situation. And maybe that gives us hope that it could happen to us. Think about what you would do with 150 months of wages!
The truth is, your chances of winning the lottery, or being left a multi-million-dollar inheritance, or receiving an extraordinarily large bonus, or being the recipient of some other windfall are, well, slim to none. In other words, don’t bet on it. Take for example the lottery. A recent Mega Millions lottery jackpot that was worth more than $250 million had winning odds of about 1 in 100 million. You know what they say about those odds: You have a better chance of getting struck by lightning (odds: 1 in 280,000).
More than likely, you will never be attacked by a shark, though the odds of that happening (1 in 11.5 million) are probably more in your favor than, say, winning the next Mega Millions jackpot. You have a better chance of losing your computer data because of a hard drive failure; leaving your computer (or smartphone or tablet) on a plane, train, or taxi; having someone steal it; or causing a user error that ultimately results in a permanently deleted file. Of course, any one of those beats getting hit by lightning or sharing the water with a hungry shark.
Sure, we will be happy for you if you win the lottery or receive an unexpected bonus equal to 150 months of salary. But that’s probably not going to happen. We will not be happy for you if you lose your data because you have not backed it up. So, just to increase your odds of never losing an important file or other valuable data, be sure that you’re backing up your files with the latest version of the Mozy backup software. If your hard drive fails; if someone steals your computer; if you survive a plane crash but your laptop doesn’t (yes, that really happened to a Mozy customer); if you accidentally delete a favorite photo—or an entire folder structure—if your home or business burns down; if you experience a catastrophic flood; or if you forget your laptop on a plane, train or taxi…. No matter what disaster happens, we hope that (1) you or your loved ones are safe and unharmed, (2) you are able to get back on your feet quickly, (3) you’ve backed up your important data.
So as you continue to enjoy the rest of the summer, be safe!