My Mental Models

Better Decisions Using A Better Mental Framework

  • What Are Mental Models?
  • Models Checklist
  • Charlie Munger Quotes
  • Charlie Munger Reading List
  • Warren Buffett Books
Home » Mental Model Summary » Mental Model Summary: Skill Stack

Mental Model Summary: Skill Stack

By Andrew McVagh, last updated May 23, 2018 Leave a Comment

Skill Stack

Contents

  • 1 Mental Model
  • 2 Summary
  • 3 Examples
  • 4 Why It Is Useful
  • 5 How It Fits Into The Latticework
  • 6 Next Step
  • 7 Further Reading

Mental Model

Skill Stack, Talent Stack

Summary

A Skill Stack refers to the idea that having a wide range of complementary skills generates a multiplier effect towards success.

This is an idea I learned from Scott Adams, who calls it a Talent Stack (I prefer Skill Stack simply because, to me, Talent implies an innate ability while Skill implies something learned through hard work).

So, for each new skill you acquire, it combines with your existing skills to make you that much more marketable and/or able to create something new that people would be interested in.

It’s worth noting that, while similar, I believe that Mental Models and Skills are different things. Mental Models are filters on reality, helping you understand the truth behind what is occurring and why, while Skills are productive abilities you have acquired that you can use to perform acts to accomplish goals.

The key idea is that additional skills provide you with value exponentially (non-linearly), in an intentional Jack-of-all-Trades kind of way.

Examples

  • Scott Adams: Scott uses himself as an example: he says that, while his drawing and comedy skills weren’t top notch at the time, he was able to combine them with his marketing, sales, persuasion, business, and technology skills to develop Dilbert as a comic for people in the workplace. His additional skills let him identify and create something new for a market other cartoonists couldn’t.
  • Lady Gaga: She can sing and write music like many other musicians, but she also knows marketing/branding, fashion, acting, and a host of other skills that combine to make her uniquely successful. She may not be able to sing like Adele, but it’s hard to argue the meat dress she wore to the MTV music video awards didn’t add buzz to her brand.
  • Peyton Manning: Arguably one of the best quarterbacks in the history of American football, he also has charisma, comedic timing, and a willingness to not take himself too seriously. Tom Brady may have more Superbowl wins but it seems like Peyton is in every other commercial on TV and several hilariously memorable sketches on Saturday Night Live.

Why It Is Useful

Padding your Skill Stack is a great way to make it more likely that good fortune will find you.

Case 1: Imagine two similar software programmers that work on the same team, Abe and Bob. They are both equally good at programming, but Bob has also mastered business writing. Which one is more likely to progress in their career? I imagine the one that can write clearly will more likely make their customers (and boss) happy.

Case 2: Now imagine the same two programmers, but Bob is less proficient than Abe at programming. Which one will likely progress? Here it’s not as clear, but I would argue that Bob would probably still be more successful (provided his software was passable and not just plain awful).

Case 3: For fun, let’s assume Bob is a poor programmer. However, in addition to business writing he is also skilled in persuasion, prioritization, planning, and budgets. I think we all know he’s on the management fast track!

How It Fits Into The Latticework

The idea of a Skill Stack is complementary to other Mental Models in many ways.

As you acquire other skills you are likely to pick up on new Mental Models along the way. When Bob the programmer studies marketing he’s going to pick up on some business-based Mental Models he might not have come across otherwise, such as Scarcity and Social Proof.

Also, you can use Mental Models to make your skills stronger. The programmer that understands Constraints and Redundancy will be able to make faster, more resilient software systems.

Next Step

Take a step back and assess your current set of skills, and where you are in relation to your goals.

Now, what can you do to improve your skills in order to better reach your goals?

One option would be to work on your existing skills so they are stronger, but the Skill Stack model implies you may be better off adding more skills instead of perfecting your existing ones.

Remember, new skills are multipliers, especially when you can apply them together in new ways!

Further Reading

  • Book: Scott Adams – How to Fail at Almost Everything and Still Win Big
  • Author
  • Recent Posts
Andrew McVagh
Andrew has been studying Charlie Munger and his system of Mental Models for over a decade. Now he is helping others use this system to make better, more rational decisions in all aspects of their lives.
Latest posts by Andrew McVagh (see all)
  • Mental Model Summary: Advantages of Scale - June 4, 2018
  • Mental Model Summary: Law of Small Numbers - May 31, 2018
  • Mental Model Summary: Division of Labor - May 30, 2018

 

Popular Posts:

  • Mental Model Summary: The Complete ListMental Model Summary: The Complete List
  • Blinkist Review: How To Make Progress On Your Reading ListBlinkist Review: How To Make Progress On Your Reading List
  • Learn More Study Less: Master Agonizing Material QuicklyLearn More Study Less: Master Agonizing Material Quickly
  • Mental Model Summary: Advantages of ScaleMental Model Summary: Advantages of Scale
  • Mental Model Summary: Law of Small NumbersMental Model Summary: Law of Small Numbers
  • Mental Model: Constraints - Bottlenecks and Weakest LinksThe Weakest Link: How Constraints Can Slow You Down
  • Mental Model Summary: Creative DestructionMental Model Summary: Creative Destruction
  • Mental Models MungerThe Perks Of Being Peculiar: A Checklist For Success From Charlie Munger


Learn Mental Models Through Videos

Udemy has a wide range of videos that cover many of the most important mental models.

Click here to see my list of the best videos on mental models.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • 11 Brilliant And Funny Charlie Munger Quotes (Genius Wisdom)
  • 5 Amazing Warren Buffett Books (Learn How He Really Thinks)
  • The Charlie Munger Reading List (30+ Fascinating Books)
  • The Best Books On Mental Models
  • Blinkist Review: How To Make Progress On Your Reading List
  • Get My Mental Models Checklist

Mental Model Summaries

  • Mental Model Summary: Advantages of Scale
  • Mental Model Summary: Base Rates
  • Mental Model Summary: Checklists
  • Mental Model Summary: Creative Destruction
  • Mental Model Summary: Division of Labor
  • Mental Model Summary: Incentives
  • Mental Model Summary: Inversion
  • Mental Model Summary: Law of Small Numbers
  • Mental Model Summary: Pareto Principle
  • Mental Model Summary: Reason Respecting (Because Why)
  • Mental Model Summary: Redundancy
  • Mental Model Summary: Skill Stack
  • Mental Model Summary: Social Proof

Further Reading:

- What Are Mental Models?
- My Mental Models Checklist
- The Best Books On Mental Models
- The Charlie Munger Reading List
- Mental Model Summaries: The Complete List
- All Posts
 


About | Contact | Privacy Policy | Terms of Service | Disclosure Policy | Site Disclaimer

 

My Mental Models is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates.

© 2023 · My Mental Models