Jun 2, 2009
Only 1000 hours to go
I was reading Outliers: The Story of Success by Malcolm Gladwell last weekend and was struck by a quote and its’ relation to the 90% Rule. Neurologist, Daniel Levitin, writes, “The emerging picture from such studies is that ten thousand hours of practice is required to achieve the level of mastery associated with being a world class expert — in anything”
It just makes sense that your next big opportunity lies in the extension of your business or brand to an adjacent market or business vertical … by my thinking this approach already puts you 9,000 hours of the way to being an expert in your business’ next big opportunity.
Extend your current capital base don’t over-leverage to acquire a new one.
– Ken Tencer
Category: Business