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Focus on One Business, Because You Don't Have The Time To Become an Expert at Everything

by Guest Author 30 July 2019 09:14

We've all had those moments where we've watched someone who has mastered a skill or craft, and felt in awe of their abilities. Whether it's a guitarist shredding on stage, a painter completing a canvas, or an athlete at the top of their game in the Olympics, it is truly impressive what time and dedication allows someone to accomplish. However, too many of us forget that our own lives aren't a montage scene in a movie; you're not going to get good at something overnight. You probably aren't even going to get out of the novice stage until you've been working at it for at least a year or more.

That's why it's important to pick one business plan, and to get serious about it. Because you don't have the time, or the energy, to diversify when it comes to these interests.

The 10,000 Hour Rule

You've likely heard of the 10,000 hour rule. In short, it says that to go from a novice to a master, you generally need to dedicate roughly 10,000 hours worth of effort to mastering a particular skill. According to Eureka, the rule comes from author Malcolm Gladwell, who spoke about the lives of famous composers (in addition to citing other research). Generally speaking, it took musical composers roughly ten years from when they first began their craft, to when they were considered masters of it.

While there have been researchers who have disputed the 10,000 hours (or roughly ten years) that it takes to truly master a skill or craft, one thing that everyone agrees on is that it will take years of strenuous effort to become truly good at something.

The question you need to ask yourself is how much time do you have for your investment to pay off? Because if it takes you a decade to truly master your craft, do you really have time to run three or four different businesses like that?

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