Erin Herrenkohl's latest Performance Principles e-letter talks about the ten-year rule. Researchers say it takes 10 years of hard work before you can become a world-class performer, be it in music or business.
His Performance Principle: It takes a long time to be an overnight success. Accept the fact that there are no shortcuts!
If you want to become a master of your craft --
1. Master the basics. Every craft, business, medicine, art -- has its technical skills and mastering those technical skills can be tiresome. But you have to master the basics if you want to be world class.
2. Cultivate relationships. Technical ability is rarely sufficient to get you to the top. Be intentional about developing relationships and staying in touch with people throughout your career. Look for opportunities to connect and reconnect.
3. Use compounding interest to your benefit. If you can improve your results by 10% per month, in 7 months you will be 100% better than you were when you started. Don't be afraid to make small improvements and allow them to build on one another.
4. Enjoy the hard work itself. To sustain a long-term commitment to our work, we have to find some rewards in the work itself.
5. Get the word out. It's not enough to be good at something. Communicate the problems that you solve through your expertise, and to build a brand for yourself and your abilities that creates credibility and draws people to you.
6. Don't every quit. Most people give up just when they're about to achieve success.