The Atlantic's CEO Nicholas Thompson chose his role not because he was the best at it, but because his skill in building journalism business models was stronger relative to his peers. This focus on comparative advantage, rather than absolute best skill, guided his successful pivot from journalism to business leadership.
Early in your career, output is key. Past a certain threshold of success, however, you are compensated for the quality of your judgment, not the quantity of your work. Your highest leverage activity becomes making correct bets, which requires reorienting your life to maximize decision-making quality.
Instead of having a fixed career goal, Ryan Smith evaluated opportunities against core attributes he valued, such as uncapped potential and leadership. This allowed him to recognize the massive opportunity in enterprise software, a field he never would have considered otherwise.
Many skilled professionals are overlooked for promotions or new roles not because their work is subpar, but because they fail to articulate a compelling narrative around their accomplishments. How you frame your impact in interviews and promotion documents is as crucial as the impact itself.
Career growth isn't just vertical; it can be more powerful laterally. Transferring skills from one industry to another provides a unique perspective. For example, using music industry insights on audience behavior to solve a marketing challenge for a video game launch.
Instead of striving to be the best in a single domain, find a unique intersection of skills you're good at. Being able to negotiate across both design and engineering, for example, creates a niche where you are the "only" person with that combination, making you more valuable than being just another "good" specialist.
The most impactful career advice is to focus on becoming world-class in your innate strengths rather than trying to become mediocre in areas of weakness. It's more effective to elevate a core skill to an 'A' grade than to struggle to raise a weakness from a 'D' to a 'B'.
David Solomon, who describes himself as an 'unlikely CEO,' advises future leaders to concentrate on acquiring a broad range of skills by taking on diverse roles. He suggests focusing on mastering the craft rather than targeting the top job allows for serendipity and a more organic path to leadership.
Significant career advancements often stem from changes in self-perception and belief. Adopting a mindset where you believe you belong at the next level and can own your value changes how you act and how others perceive you, creating opportunities that skills alone cannot.
Instead of competing to be the best in a crowded field, find a unique niche or combination of skills where you have no substitutes. This is the key to long-term success, as demonstrated by the PayPal Mafia members who each carved out their own distinct paths.
A linear career path is not required for success. Businesses ultimately value high performers who demonstrate an ownership mentality and consistently drive impact. Focusing on helping the business win creates opportunities to move across roles and industries, making your journey more valuable.