Someone posted this article on facebook…
… as I was reading it, a few paragraphs struck me as extremely relevant to business owners so I’ve decided to extract the relevant paragraphs here, all credits go to the original source/author of carlist.my, I couldn’t have put it better:
“In 1993, Swedish psychologist K. Anders Ericsson published his research paper titled “The Role of Deliberate Practice in the Acquisition of Expert Performance” in the journal Psychological Review. It argued against traditional believes that geniuses are born. Instead, Ericsson’s research convinced him that not only genuises are not born, but genius is the result of continuous practice under a good mentor.
Ericsson quantified the threshold for one to become an expert is 10,000 hours of practice – 20 hours every week, for 10 years. Ericsson’s work laid in obscurity within the walls of academia for over a decade before Malcom Gladwell pushed this theory into popular consciousness when he promoted the so-called ’10,000 hours rule’ in his book ‘Outliers.’
Gladwell cited examples of Mozart, The Beatles, Bill Gates, and several top-class athletes, all whom had good talent but they were certainly not the prodigy that people later assumed them to be.
The 10,000 hours theory attracted a lot of controversy within academic circles, but many of the counter-arguments ignored the fact that both Gladwell and Ericsson advocated not just 10,000 hours of deliberate practice, but also practicing under the guidance of a mentor (else taxi drivers would’ve been top-class racing drivers).”
Have a profitable week ahead!
The Familybiz Works Team.
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