well, like WiiHugger said, that depends how you define luck. if one person is succesful because they’re smart, and another’s not because they’re stupid, then that means the amount of nerve connections they were born with meant everything.
but yes, geographic situation is everything. the Austrian kingdom was historically not major. all the major powers in global history were coastal (save a few very short-lived blitzkrieg expenionist empires based on sudden unities of nomadic barbarian chiefdoms). and almost all the richest places in the world both in history and present are peninsulas, or sometimes an island just off of several coastlines.
with the exception of the region in the middle of the Middle East, which is historically the cradle of society, and is located on a stretch of land in the middle of five seas.
yes, if you study history (and i mean actually study history, not getting programmed by the education system on the school-subject known as “History”, which is not history, but modern, Western politicology and culturology), you will find that geography is everything.
why is the Netherlands (my country) such a merchant nation? because it’s at the end of the river Rhine, where the aorta of Europe connects to the oceans.