Have you ever wondered if you are suited to work as a teacher, or an engineer, or a salesman?
Do you wonder what you are good at?
What are your talents?
Why are some people so good in sales, or good in analysing something?
Why are some so good in what they do?
The trick is that most likely, these people know what they are good at and are leveraging their strengths in whatever they do.
What do you know about yourself?
There’s a saying: “Knowing oneself is the key to fighting and winning hundreds of battles.”
If you don’t know about yourself, whatever you try to do is a difficult process.
Malcolm Gladwell’s 10,000-hour rules state that if you practice long enough, you can become an expert in what you do.
That’s only partly true, because although you can be good in something by practicing for 10,000 hours, a person who has a talent practicing the same 10,000 hours will far surpass what you are good at.
The Pareto Principle
Have you ever heard of the Pareto Principle?
Pareto is an Italian mathematician and economist who studied the distribution of wealth in various nations.
To his surprise, he found that 80 percent of the wealth belongs to the 20 percent of the people in Italy.
He found it interesting and started to study other nations and a pattern emerges.
He found that majority of the rewards always belongs to the same small number of people. The numbers were never quite the same, but the trend was amazingly consistent.
That idea came about the theory to account for the majority of the results which is the Pareto Principle, more commonly known as the 80/20 rule.
The 1 Percent Rule
Now, what happens when somebody can harness the power of the 80/20 rule and constantly outperforms his competitors?
James Clear talks about the accumulative advantage by just being better than the average – just by being slightly better than the others, you win.
Outperforming just by a small percentage gives the person an advantage to take it all. The winner takes it all.
Imagine in a 100m dash race, the first person who crossed the finish line is the first, even he is just 0.0001 seconds ahead of the other. He still is the winner.
A small difference in performance can bring about huge unequal distribution of reward when it is done consistently.
This can be seen almost everywhere from companies like Apple with their iPhones being sold worldwide, stock traders who made billions of dollars because they have better information from the rest to musicians who performed hundreds of concerts or children who scored better than his peers.
You only need to be slightly better than your competition to keep reaping the rewards.
James Clear call this the 1 Percent Rule. The rule states that over time the majority of the rewards of the given field will accumulate to the people or organisation that maintains a 1 percent advantage over the others.
You don’t need to be twice as good, just need to be slightly better.
How to Become Good and Better Than Your Competitors
First, you need to learn about yourself.
You may not know it, but you have certain talents which you are really good at naturally.
Instead of wasting time to learn something that you are not good in, concentrate on building the skills on which you are good at.
What am I good at? You ask?
There are many personality tests that help you to find out who you are.
But here I prefer to introduce better tests which truly reflect what you are born with.
The Strength Finder Tests
There are 3 tests which I recommend you to take all in order to find out your true talent.
1. Brigg-Myers Test
The most commonly used test by many organisations when they are hiring a good fit for their company.
This test helps you to find out what personality you have and what occupation that might be suited to your personality.
It can be done free and I treat it as an entry level to find out about yourself.
Take the Brigg-Myers Test here.
2. Strengths Finder 2.0
The Strengths Finder 2.0 is currently now a top test to truly find out what you are good in.
This is a paid test which you answer about 100 questions about yourself to find out what your natural talent lies in.you can choose to get the top 5 strengths of yourself or pay slightly more to get all 34 strengths listed in order.
You can choose to get the top 5 strengths of yourself or pay slightly more to get all 34 strengths listed in order.
I recommend getting all 34 strengths which will come with a book included to teach you how you can leverage on them or how to deal with people of that type.
Take the Strengths Finder 2.0 here.
3. Bazi Analysis
Bazi Analysis is a great tool to find out about yourself as the test is based on your date and time of your birth.
It has hundreds of years of research and it is very accurate if interpreted correctly.
As it is based on your birth, you can truly discover your hidden talents that you might not even discover from other personality tests.
I recommend taking the Bazi and Strength finder to truly hone in on what you REALLY are good at.
Taking The Next Step
Once you have got to know about your talents and strengths, you need to build on them.
A talent without the skills will not produce results, just like if Mozart did not learn and practice music, he would not be the famous composer we would have known now.
You have to invest in learning the skills to build your talent. And this is why building the right habits is very important.
Once you spent 80% of your time to build that 20% of top talents, in time, you will be rewarded when you truly needed them.
Because you will only need 20% of the effort to produce 80% of the results compared to others who spent 80% of the time to get 20% of the results.
There’s where the power of Pareto Principle comes in.
In time using the strengths and skills, you can build a very successful career or even build a wealth and life the life you wanted.
Keep building your strengths and I guarantee you in a year,
Your career, your life will change.
*If you like to start, join our inner circle facebook group Think Rich Grow Rich!