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Researching trends in technology and society is necessary to understand more completely a business idea as an entrepreneur, so you can think/act effectively in the context of accelerating change. How this applies in a personal and career context was what I considered after having just finished the following:
- Mark Cuban — Blog post on May 13, 2012
The Coming Meltdown in College Education and Why the Economy Won’t Get Better Any Time Soon - Reid Hoffman — The Startup of You
Executive Summary - Bloomberg Article on December 25, 2012
American Dream Fades for Generation Y Professionals
In trying to distill the message of these sources to get a unifying theme, it seems that competence and skill acquisition necessary to be competitive, both in ability and in thought, can be viewed as a hierarchy.
First-order competence concerns your current knowledge and skill set. This may include the particular professional training in an academic context and from work experience.
Second-order competence, in contrast, concerns your ability to acquire new knowledge and skills in order to remain viable in a fiercely competitive market — whether you’re competing in the labor market or the market of ideas to execute on a business idea.