So true. This is also the 'Dilbert Theory of Value Creation' that I have used to great profit. Scott Adams likes to say, he is not the funniest guy around but funnier than most people. At best, he'd be a mediocre comedian. He can also draw better than most but hardly a Picasso. And yet, by combining both skills he has something "rare and valuable" that has led to enormous financial success.
He also adds that it easier to do this (combining two or more skills) than it is to be the very best at one thing e.g. an NBA player--it is actually easier, statistically, to become a billionaire than it is to become an NBA player.
There are more than 2,000 billionaires worldwide but only about 480 NBA players (32 teams with roughly 15 people on the roster). And if you think about it, becoming a billionaire usually involves multiple skills (good at programming + business, bill gates. Good at research/analysis + cultivating a rare temperament that allows you to act on the insights produced by the research even when everyone around you is losing their shirt, Warren Buffett etc, etc).
Being an NBA player requires one skill at a minimum. Being tall!
He also adds that it easier to do this (combining two or more skills) than it is to be the very best at one thing e.g. an NBA player--it is actually easier, statistically, to become a billionaire than it is to become an NBA player.
There are more than 2,000 billionaires worldwide but only about 480 NBA players (32 teams with roughly 15 people on the roster). And if you think about it, becoming a billionaire usually involves multiple skills (good at programming + business, bill gates. Good at research/analysis + cultivating a rare temperament that allows you to act on the insights produced by the research even when everyone around you is losing their shirt, Warren Buffett etc, etc).
Being an NBA player requires one skill at a minimum. Being tall!