Tag: expertise

A hedgehog or a fox?

Are you a hedgehog or a fox? This is based on Stephen Covey’s writing…

While it is naturally appealing to be a fox (to be good at many things, but not world class in anything), should our goal be to become a hedgehog (be laser focused on mastering one thing, being world class at it, and benefitting from it)?

The idea here is to go deep in one particular subject. Read about it, write about it, talk with others who have already done it (mentors), talk with others who are on the same path (mastermind), listen to books and podcasts, and teach it (to those “behind” you on the path and to those who are not yet traveling on that path).

Learn even more by experiencing it yourself…You’ll make mistakes along the way, but as long as you take the time to figure out what went wrong (or what you think went wrong) and then get back up and try again – you’ll be better for it. In fact, some people think failing quickly and failing often is the key to success.

Because we are amateurs when we first set out to do anything, we don’t know what we don’t know. Nothing will ever be perfect and if we wait for perfection to get started then we’ll never get started. There is no perfect time. The “perfect” time to get started is right now…

If we do finally decide to take action, despite all of our preparation (aka procrastination), we will still make mistakes. So it’s best to get those mistakes out of the way and “fail” quickly! Because, in reality, it’s only a failure if you give up. Otherwise it’s only a bump in the road.

Go deep. Master one subject then try to expand to other related areas after you’ve truly grasped one. If you spread yourself too thin, you might be able to become a Jack of all trades and a master of none. But that will take a long time. If you focus on one (like a laser), you can “quickly” master it and move onto another subject if your heart desires.

Four keys to success (inspired by a recent BiggerPockets podcast episode)

1. Decisiveness – clearly define what it is you want. Then ask yourself, will whatever action you’re about to take bring you closer to that goal? If yes, do it. If no, don’t do it. Not sure? Give yourself a set period to decide then take action.

2. Build momentum. Does an airplane start the engine then it’s up in the air flying? No. It has to build up speed to take flight. Once in the air, it’s easy to maintain. Determine what is the most important next action step, then do it (preferably, it should be easy to implement so you can “check it off the list” and build momentum). When you do that, figure out the most important next step and do that. Repeat, repeat, repeat.

3. Measure what matters. Keep track of the most important numbers. What are the lead measures and lag measures you need to hit to achieve your goals? Budget your time, actions, money, etc.

4. Become an expert. What did I do yesterday? How could I have done it better? What did I do that I should stop doing? What do I need to learn to be considered an “expert” in my field.