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Build Personal Moats

eriktorenberg.substack.com

21–30 of 84 posts

Re: Build Personal Moats

#21
This isn't a very useful article.

Marc Andreessen's "Guide to career planning"[1] is a much better piece for almost everyone. My takeaways were:

1) You probably won't be the best in your field. Aim for top 25% in two or more (disparate) fields and becoming the best at the intersection of those is achievable. (This is actually advice from Scott Adams that Andressen quotes)

2) Better to be a small fish in a big pond.

[1] https://pmarchive.com/guide_to_career_planning_part2.html

Re: Build Personal Moats

#22
I think the framing of this article is awful, and folks' responses here show it.

I didn't build a moat, I found one, and I keep digging. Generalization is really quite valuable, because it helps you find a passion and from there, you can find depths. Plumb some breadth as you go down, and repeat.

Or, don't. You can also just be good at stuff that there's high demand for, if you're the sort who keeps their nose up for the next thing to try. Otherwise, you might find yourself specializing in outdated tech. Which can be its own reward.

Re: Build Personal Moats

#24

Blah blah blah, of course, it would be amazing if everyone could build personal moats, but guess what, very few people can. There's one Elad Gil. One Tim Ferriss. If 10,000 people try, perhaps one of them could roughly replicate Tim's success. Personal moats are great. And incredibly tough to build. I prefer advice that is actionable, and can bring results for most people following that advice. This one is not advice…

The sum of it seems to be that you should strive to be really good at something. Of course that’s not super profound and I think most of us could come up with it.

Re: Build Personal Moats

#25

Blah blah blah, of course, it would be amazing if everyone could build personal moats, but guess what, very few people can. There's one Elad Gil. One Tim Ferriss. If 10,000 people try, perhaps one of them could roughly replicate Tim's success. Personal moats are great. And incredibly tough to build. I prefer advice that is actionable, and can bring results for most people following that advice. This one is not advice…

I think he chose some really bad examples. They don't have personal moats, they have personal carrier battle groups. And combining ikigai with the moat analogy was also IMHO a red herring. One has little to do with the other.

As a consultant my personal moat is a blend of my experience and current relevant knowledge. My 20 years in IT combined with my and MBA & my deep knowledge of cloud architectures is my moat. Previously it was my 15 years experience and my deep knowledge in automation.

What makes my moat changes over time, and if I stop learning new things my moat will vanish.

Re: Build Personal Moats

#26

I dunno... I got a lot of value from this article. Nevermind the impossibility of everyone becoming a reputable master of their niche. 1) working towards that has benefits regardless of achieving the pinnacle of noteworthy in the examples given 2) being self-aware enough to be able to articulate the value you bring is not something most people are good at, but it’s definitely something everyone should practice.

Yeah, "obvious" advice isn't always obvious to everyone, nor always actionable. I at least take it as a reminder of the need to get some sort of unique qualifier in my career, and the idea of "you might not be the best X or Y, but you can be the best XY".

Re: Build Personal Moats

#27

I found this article difficult since "personal moat" is used as a target rather than as the side effect of a behavior. My experience here is limited of course to engineers and academics, generally technical people I've known over the years as they have grown professionally. The ones who have "moats" are the same people whose career choices have been deliberate rather than opportunistic. When I meet people who are del…

Oh there are so many of us with those FAX personal moats. You work on something, a framework, a data interchange thingy that only you know, and over time others keep moving but you become the one indispensable guy ... until one day you are not.

It's interesting that this seems to be much worse in software than in hardware. This is one reason (among many, including personal reasons) why I've focused my career on hardware rather than software. JavaScript might (or might not) reign for a hundred years, but transistors are forever.

Re: Build Personal Moats

#28
post #20

I found this article difficult since "personal moat" is used as a target rather than as the side effect of a behavior. My experience here is limited of course to engineers and academics, generally technical people I've known over the years as they have grown professionally. The ones who have "moats" are the same people whose career choices have been deliberate rather than opportunistic. When I meet people who are del…

Even if your specialization continues to be valuable, it's still something that can easily and insidiously turn from a moat to a pidgeon-hole to a set of golden handcuffs. I think the distinction comes in how portable your specialization is, ie. "I'm really good at rapid prototyping" vs. your example of "I know everything there is to know about FAX". If anything, I'd be cautious of building a personal moat based on k…

unless the thing you know everything about - like say FAX - is something that keeps expanding all the time, then once you know everything about it you should be able to structure your time to learn a fallback you can switch to if the necessity arises, which is basically what I did when my specialty was no longer in great demand.

Re: Build Personal Moats

#29

Look at the premise here: your life is a competition, a fight. People are coming for you and you'd better have a moat if you want to keep your position. Also, solve the ikigai which has 4 simultaneous variables to optimize. Protip: live simply, save at a decent rate, get financial freedom and you can solve the much simpler 3-dimensional ikigai.

I definitely take life a little easier than most of my colleagues. The more they doubt their own skill the more they revert to scheming and try to make themselves irreplaceable — they do things purely because they think these things will fly, never because it is just the thing they'd like to do.

I always wondered if — maybe — it is me that is too playful, too improvised, too spontaneous: what if they are right and I am wrong? I have always been intrinsically driven by a broad range of topics. This arguably served me more over the years than any moat plan of any of my colleagues. I could more or less pick what to do next, while they were in their most and more or less stuck there, often complaining about the size, shape and color of the moat.

Moats are there to protect you from the outside, but they also stop you from being able to surf the waves and go with the flow.

Re: Build Personal Moats

#30
Nice article, triggering some personal career thinking. That said, digging into your "moat" and specialising in one thing becomes problematic once you lose interest in it. I have always enjoyed programming for most of my life, including 20 career-years. Until I didn't enjoy it any longer per se. I was lucky to have the opportunity to switch to becoming a teacher in this field recently, but the last few years became increasingly boring.
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