Specialist vs. Generalist

Any chance you’re one of those folks who resists specializing and yet still hasn’t gotten their expertise business to where they want—with a lushly full pipeline of ideal clients?

We hear you, which is why Jonathan and I untangle the strands of specializing and generalizing so you can decide what mix will work best for you:

The two ways you can decide to be a specialist or a generalist.

A four quadrant approach to choosing where you want to take your business on the generalist to specialist continuum.

How to make a generalist skill set work in a hyper-differentiated market place.

Why experimenting between the quadrants will lead you to your ideal balance between specializing and generalizing.

Quotables

“In the etch-a-sketch metaphor there’s these two knobs you can dial…one would be who you help and the other is what you do.”—JS

“Is there a market for this? And how big is that market?”—RM

“(When you’re in that lower left quadrant) that’s a rough place to be because that’s the place where you have downward pricing pressure. You’re commoditized.”—JS

“If you just pick one of these two axes, I think most people know right away which feels better.”—RM

“If you really want to be a generalist, I’d say, okay. Stay general in your skills, but pick a vertical, pick who you help.”—JS

“This can be an experiment, but even if it doesn’t work, what do you learn from that experiment? Well, you learn what you didn’t like, so how do you get closer to what you DO want?”—RM

“You create a moat around yourself that almost surely no one else will be able to cross.”—JS

“You can think about which quadrant am I in? And is it the right quadrant for me and for my business? “—RM

SUBSCRIBE
SUBSCRIBE TO THE BUSINESS OF AUTHORITY

Recent Episodes:

April 22, 2024

It’s A Wrap!

We have a BIG announcement wrapped in a short episode of The Business of Authority. If you’re a fan, you’ll definitely want to tune in. We talk about where we’re taking the show and how your feedback will impact our next steps.

April 15, 2024

April Dunford – Obviously Awesome REPLAY

When I started reading April Dunford’s book, I couldn’t wait till we had her on the show. In Obviously Awesome, she simply yet powerfully explains the importance of positioning and how to do it. She’s no less fabulous on the show—she not only clarified what positioning is and why it’s important, but she also shared her own journey to her current positioning and niche (hint: it’s wildly successful).

April 08, 2024

The Passion Economy with Adam Davidson REPLAY

You may have heard our guest Adam Davidson on NPR (he co-founded their Planet Money podcast), but his—well, passion—is what he calls “The Passion Economy”. He makes the case—including some mesmerizing stories—that we can create deeply impactful, financially successful businesses from our deepest talents and passions.

April 01, 2024

In Defense of Repetition

How do you get better at anything? You practice. LeBron shoots free throws—Gaga sings scales. Consulting and advisory is no different. Upping your game requires embracing repetition— continually practicing all the elements of your craft and the business skills you need to flourish

March 25, 2024

Genius Zone vs. Productivity

When Louis Grenier of Everyone Hates Marketers called out working in your genius zone as a recipe for burn-out, well, Jonathan and I had to push back. We argue that working in your genius zone is not about being “hyper-ultra-mega productive”, but about working in flow state

March 18, 2024

The Pros And Cons Of An Application Process

Have you considered adding an application process for your service(s), but weren’t sure whether it would help or hurt? Jonathan and I have both used applications for different programs and purposes and we dive into how to make them work for you