Techcrunch recently published an excellent article on How to be the best entrepreneur in the World.

According to the article, its a combination of experience (pending), self analysis(checked), mentor(pending), history(pending), talking(checked), failure(pending), explore(pending) and balance(checked). But perhaps the most important takeaway for me was:

You donʼt have to be the best in history to be above average. But most things that are worth doing (being an entrepreneur, amassing a good amount of money as a result) have a very steep learning curve and then it flattens out. So maybe 1000 hours gets you better than most people (above average) and then the next 2000-5000 hours gets you to be the best in your circle of colleagues (i.e. good enough to make a great living at it) and then from 5000-10,000 hours is the subtle refinements that are needed to be the best in the world.

I find it interesting because I have read the Outliers by Malcolm Gladwell some 1-2 years ago and of course, he says, to be good in something, there is the 10000 hour rule where you have to spend 10000 hours on a particular something before you are someone who is really good, or probably the best in the world. But it never came across to me that the improvements is a gradual process. Its a marathon and not a sprint. Malcolm put it across to me in his book, that you will only be really good at that particular subject when u reach the 10000th hour mark spent on whatever you are working on.

10000th hour, no kidding. But if you look at it as a gradual improvement learning curve + process, then it make sense because after all, our whole lifetime is a learning process, and what this realization means is that, one should/must work hard on a particular subject that you are interest in (to sustain the motivation and drive), and not only you will get better each day, but you will be among the good ones in your primary circle during the 2000-5000th hour spent. This will further sustain and motivation you to work harder because you will only get better at it, and when you reached the 10000th hour mark, you’re an outlier. =)

And to put it in simpler words, Success is a Journey, not a Destination.


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