Specialization Pays, But Adjacent Innovation Supercharges Results

Medium - Requires some preparation

There’s a standing debate: is it better to be a generalist or a specialist? In practice, the highest-leverage path involves building depth in one area and then deliberately moving into adjacent possibilities—places where your expertise meets new opportunities. This strategy doesn’t mean chasing every trend; it means finding what’s next at the edge of your skill set.

Startups and innovative organizations follow this pattern instinctively. A tech investor or engineer might become an expert in networking, then systematically back or build a series of companies that each refine or apply that knowledge slightly differently. Sometimes, one of these adjacent bets will become the breakout hit no one could have predicted. The key is not to get stuck in a rut or chase wild distractions but to keep finding the next likely step informed by real-world need and capability.

Academic research on creative success shows that the most prolific innovators master a core discipline, then recombine or stretch it in fresh, nearby directions—never by abandoning their strengths, but by applying them differently. This ‘adjacent innovation’ approach balances safety and boldness for smarter, higher-impact results.

Reflect on where your skills or interests are deepest, and make a deliberate plan for how you might extend that expertise into a closely related space. Start by piloting a quick project, partnership, or experiment and use feedback to decide if you’ll go further. The magic happens when you stay open but don’t overextend: adjacent moves are more likely to stick, and the biggest breakthroughs often arise from surprising recombinations. Try it this season and see how your own adjacent innovation pays off.

What You'll Achieve

Accelerate breakthroughs by recombining or expanding your deepest strengths; avoid wasted scattered effort and build a track record of results that compound over time.

Deepen Your Focus, Then Explore the Next Logical Step

1

Identify your current specialty or area of deep skill.

Make a list of the domains or projects where you have the most expertise, knowledge, or reputation.

2

Find the ‘adjacent possible’—the next logical direction from where you are.

Brainstorm what closely related fields, tools, or audiences are just one step removed from your specialty. Look for unmet needs or newer versions of existing solutions.

3

Pilot a project that links your deep skill with this adjacent area.

Test out an offering, collaboration, or study focused on the overlap, rather than leaping to something unrelated.

Reflection Questions

  • What’s the area I know best today?
  • Where could my skills solve a new, adjacent problem?
  • Who is already succeeding in these nearby domains—and what can I learn from them?
  • Am I stretching smartly, or chasing distractions?

Personalization Tips

  • As a musician: If you’re expert in blues guitar, try writing a song that fuses blues with a pop arrangement.
  • In software: Move from designing web interfaces to exploring voice-based interactions as a logical next field.
  • In coaching: If you’re strong in youth mentoring, start a workshop for parents as an adjacent audience.
The Power Law: Venture Capital and the Making of the New Future
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The Power Law: Venture Capital and the Making of the New Future

Sebastian Mallaby
Insight 8 of 9

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