This means to take the time and consider the projects you choose to pursue based on the skills and the relationships you will be able to develop that have the potential to last even after those projects will finish.Skills to consider: public speaking, writing, and negotiation. These are examples of marketable skills that can be transferred to other areas outside those particular projects.

Winning even if you fail

It's what Tim Ferriss recommends in this ever-changing world. Being a specialized generalist means aiming to combine a few skills that are not usually combined.If you associate two valuable skills that are even more valuable together (for example, computer science and a law degree, or math and public speaking), you will have a competitive advantage that allows you to reach the top of the earning power.

Being a specialized generalist

Warren Buffett, the famous investor, stated that his most important investment was in Dale Carnegie's speaking course because being a good communicator (both in speech and in writing) highlights, even more, the other skills you happen to have.

Warren Buffett's best investment

Specialization makes sense when you know you can reach the top of the domain you are trying to excel in.If you want to specialize and become a basketball player, for example, you have to reach the top 0,001% to have phenomenal financial gains.

When specialization makes sense

Should you specialize or be a generalist? | Sign up for Tim's free "5-Bullet Friday" newsletter: https://go.tim.blog/5-bullet-friday-yt/ SUBSCRIBE: http://bit.ly/1dSzTkW About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 400 million downloads and been selected for “Best of iTunes” three years running. Connect with Tim Ferriss: Sign up for "5-Bullet Friday" (Tim's email newsletter): https://go.tim.blog/5-bullet-friday-1/ Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/ Visit the Tim Ferriss BLOG: https://tim.blog/ Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/ Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/ Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/

personaldevelopment

Personal Development

Should you specialize or be a generalist? | Sign up for Tim's free "5-Bullet Friday" newsletter: https://go.tim.blog/5-bullet-friday-yt/

SUBSCRIBE: http://bit.ly/1dSzTkW
 
About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 400 million downloads and been selected for “Best of iTunes” three years running.

Connect with Tim Ferriss:
Sign up for "5-Bullet Friday" (Tim's email newsletter): https://go.tim.blog/5-bullet-friday-1/ 
Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/
Visit the Tim Ferriss BLOG: https://tim.blog/
Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/
Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/
Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/

Tim Ferriss has been listed as one of Fast Company’s “Most Innovative Business People” and one of Fortune’s “40 under 40.” He is an early-stage technology investor/advisor (Uber, Facebook, Shopify, Duolingo, Alibaba, and 50+ others) and the author of five #1 New York Times and Wall Street Journal bestsellers, including The 4-Hour Workweek and Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers. The Observer and other media have called Tim “the Oprah of audio” due to the influence of The Tim Ferriss Show podcast, which is the first business/interview podcast to exceed 100 million downloads. It has now exceeded 800 million downloads. 

Listen to The Tim Ferriss Show podcast: https://tim.blog/podcast
Sign up for Tim's "5-Bullet Friday" free email newsletter with 1.5M+ subscribers: https://tim.blog/friday 
