Understanding where you have an edge and where you don't can help you prevent problems, spot opportunities others miss, and rapidly learn. W
We all have a circle of competence – an area in which we have a lot of earned knowledge.
The size of that circle is not important. What is important is knowing when you are approaching the perimeter.
Within your circle of competence, you operate with an advantage. As you approach the perimeter (the limitations of your knowledge), your advantage starts to reduce. As you cross the perimeter, not only does your advantage vanish, but it transfers to other people. Suddenly, you find yourself playing in an area where others have an edge.
Just because you are good at something doesn’t mean you are good at everything.
