paint-brush
How the 10,000 Hours Rule Applies to Entrepreneurshipby@partha79
160 reads

How the 10,000 Hours Rule Applies to Entrepreneurship

by Partha ChakrabortyDecember 20th, 2023
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The article delves into the entrepreneurial journey, drawing parallels with the 10,000-hour rule popularized by Malcolm Gladwell. From initial mistakes to mastery, it outlines the stages: 1,000 hours for basics, 5,000 hours for pattern recognition, and 10,000 hours for operating on instinct. The message? Success in entrepreneurship, like playing the violin, comes from deliberate, repetitive practice.

Company Mentioned

Mention Thumbnail
featured image - How the 10,000 Hours Rule Applies to Entrepreneurship
Partha Chakraborty HackerNoon profile picture


When I started my first startup as a young founder with stars in my eyes, I had no idea what I was getting myself into.


Launching a company is no small feat. It requires long hours, tough decisions, sleepless nights, and plenty of mistakes along the way.


In those early days, I sometimes wondered if entrepreneurship was my calling.


But when things got hard, I remembered the 10,000-hour rule.


What's that, you ask? I'll explain.


The Origin of 10,000 Hours

In the 2008 bestseller, Outliers, author Malcolm Gladwell popularized the idea that it takes roughly 10,000 hours of deliberate practice to master complex skills like playing the violin or coding.


The concept originated from a 1993 research study by psychologist Anders Ericsson. He found that virtuoso violinists had accumulated over 10,000 hours of purposeful practice by the time they were 20 years old.


Ericsson concluded that deliberate practice over such a long period fundamentally changes the way the human brain works. All those hours forge new neural pathways, allowing top performers to hit notes or write code in ways that others simply can’t.


When the going gets tough, I remember that time-tested principle.


Entrepreneurship is no different than playing the violin.


It requires skill development from loads and loads of hands-on work.


Are You Just Starting Out?

When I look back on my earliest days as a founder, I cringe a little. I made every mistake possible:


  • Hiring the wrong people

  • Making bad technology choices

  • Failing to understand customer needs

  • Burning through cash with no revenue


If you’re in those same shoes today, don’t lose hope.


I’ve talked to countless successful founders, and they all have one thing in common: their first ventures were disasters too.


We all start as novices. But with enough hours of practice, entrepreneurial skills do improve.


Let’s explore what that journey tends to look like.


1,000 Hours: Building Foundational Skills

Imagine taking your first violin lesson and expecting to sound like Yoyo Ma. Not realistic, right?


When starting any complex skill, focus first on fundamentals. For entrepreneurs, that means basic business skills like:


  • Market sizing

  • Competitive analysis

  • Financial modeling

  • Hiring processes

  • Pitch decks

  • Fundraising


None of those capabilities come naturally at first. But after roughly 1,000 hours of practicing them in real startups, they start to become second nature.


5,000 Hours: Recognizing Patterns

Once basics are covered, skills advance to the next level: seeing recognizable patterns for the first time.


An experienced violinist can listen to a new piece and quickly identify common chord progressions. Similarly, seasoned entrepreneurs detect familiar playbooks.


For example, I might review a pitch deck and immediately recognize untested assumptions in the business model. Or meet with a sales lead and detect their true underlying objection without asking.


Those instincts don’t happen overnight. But after thousands of hours across different startups, pattern recognition kicks in.


10,000 Hours: Operating on Instinct

This is the mastery phase experts talk about.


Playing complex violin concertos feels like second nature. Similarly, serial entrepreneurs rely on grounded instincts during high-stakes decisions.


Common examples include:

  • Rapidly assessing startup viability
  • Intuitively adapting products to fit emerging customer needs
  • Making quick hiring calls based on culture fit
  • Judging timing for pivotal moves like funding raises


At this stage, skills feel almost subconscious. But that gradation only emerges after 10,000+ hours of entrepreneurial experience.


Putting in Your Reps

Aspiring violin virtuosos don’t just dream about skills. They spend tiresome hours deliberately practicing difficult techniques.


Startup founders need similar grit.


It may take years for your entrepreneurial skills to advance. But if you remain dedicated and keep accruing startup experience, mastery will come.


On days when it seems impossible, ignore short-term emotions. Instead, reflect on the hours you’ve already invested and remember why this journey matters to you in the first place.

Then replenish your motivation, straighten your backbone, and get back to deliberate practice.


Whether it’s refining business models, building new features, or pitching investors, put in those long hard “reps.”


Greatness comes from repetition. Even if progress feels slow, remember the 10,000-hour rule.


Your skills are advancing, whether it feels like it or not. Over time, all those little wins will compound into mastery.


Now if you’ll excuse me, it’s time to get back to work. My 10,000 hours are still a long way from complete!