The Feedback Loop

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Whatever it is you do for a living, requires skills. Most skills are ordinary, meaning most everyone can replicate them in a short period of time.

But other skills are extraordinary, meaning they require many years of focused, dedicated practice before an individual becomes expert in performing those skills.

Playing the piano is an example. Performing surgery is another example. Shooting a basketball through a hoop, anywhere on a basketball court, with a 50% accuracy rate is another example.

One of the common habits of high achievers is Deliberate Practice.

Deliberate Practice involves focused practice in subsidiary areas that transform one’s competency in a particular skill from ordinary to extraordinary. Those who are able to transform an ordinary skill into an extraordinary skill become virtuoso’s in that skill and the world rewards their expertise by paying them more money to perform that skill.

What transforms an ordinary skill into an extraordinary skill?

Research Professor K. Anders Ericsson spent years studying high achievers. In his revolutionary research, he identified 10,000 hours of practice as the magic number of hours necessary to become a virtuoso.

But there’s more to the story. You see, there’s practice and Deliberate Practice. What’s the difference?

Something called The Feedback Loop.

All high achievers, all virtuoso’s, have one thing in common – some means by which they are provided immediate feedback after performing a skill.

This feedback is typically provided by a coach.  But it can also be provided by video, which the high achiever studies over and over again, often with others, who, together, provide feedback on the high achiever’s performance.

But not everyone has the resources to become a virtuoso. What they do have is the ability to seek feedback from others, in an effort to help them become better at what they do.

Mastermind Groups can become your Feedback Loop.

Clients or customers can become your Feedback Loop.

A mentor can become your Feedback Loop.

Family and friends can become your Feedback Loop.

Internet groups can become your Feedback Loop.

Your supervisor can become your Feedback Loop.

You can be your own Feedback Loop by evaluating your own performance (videos, review your own work, etc.)

Or you can spend a little bit of money and periodically high a coach to act as your Feedback Loop.

If you really want to improve, you must seek feedback. Finding you own Feedback Loop is how you do it.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
 
Phone Number: 732-382-3800 Ext. 103.
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