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

Tags: business, Malcolm Gladwell, success

This entry was posted on Tuesday, June 2nd, 2009 at 1:41 pm and is filed under Planning, business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.