Talent is a natural aptitude to accomplish something.
Back in high school, I realized I could run farther and faster than most of my teammates in track. But there was a boy named Chad that regularly missed workouts and had a bad attitude about team practice when he did show up. But Chad killed it on the races, leaving all of us in his dust. I think he ran a 4 minute 41 second mile in high school…he was that good. He had a natural aptitude.
Skill is the learned ability to accomplish something.
While Chad would easily win all races without consistently training, I would come in third or fourth place only because I trained hard every day. I put in the time, and developed the skill.
The point is that you can build a skill, regardless of your talent.
I ran a 4 minute 52 second mile in high school. I was a full eleven seconds slower than Chad in the mile race. I was good, but not great. I had some talent, but — more so — I put in the time and worked hard.
While Chad gave up on his running after high school because it wasn’t challenging for him, or he didn’t enjoy it, or didn’t get fulfillment from it — whatever the reason — I continued to train through college and eventually joined the GE national track team. Six years after graduating from high school, I ran a 4 minute 41 second mile at a track meet. It was the same time that Chad ran back in high school.
Some people are born with talent that gives them the ability to run fast without training hard, or pick great brandable domains without doing any research, or have the vision to see that domain names would have value before other investors.
But being jealous of other people’s talents is not productive. What is productive is learning, practicing, honing your skill.
Kobe Bryant, one of the greatest basketball players of all time — a person with a ton of natural talent — worked harder than everyone else. He showed up for practice at 5am, and was in a full sweat before his teammates even showed up for practice. He stayed later than everyone else, often past 7pm, and he wouldn’t leave the court without throwing at least 400 practice shots.
Frank Schilling spent his early investing days — all day long — in front of his computer, looking at expiring domains, registering domain names, understanding how traffic leads to inquiries which leads to sales. Like Kobe, Frank put in the time on top of his natural talent and became one of the best in the world at domain name investing.
The best players in any professional sport or any business area, show up early, work smarter and harder than others, and stay later. They practice, practice, practice.
When you accomplish something, it always looks easy to someone who only sees what you’ve achieved. They don’t know if you accomplished it through innate talent or acquired skill.
But it really doesn’t matter. It’s the accomplishment that matters.
So what are you doing to become the best domain name investor you can?
What are you doing to learn, practice and increase your skills?
Some people are born with money, family connections and talent. Others have to work hard for it. I can assure you that those who had to work hard, regardless of what was given to them, achieve more and appreciate it more than those who don’t.