The same principle can be applied to knowledge acquisition when starting a business. The first time you do something is probably the greatest increase in applied knowledge. From one to two, and two to three there is a significant increase knowledge acquisition. However, after roughly the third time there is something of a law of diminishing returns. You will learn more and quite possibly more profound knowledge, but the incremental increase in knowledge is much smaller.
Last point is no matter how many times you do it you will never reach that 100% there is always more to learn.
“The more I learn, the more I realize how little I know.” – Socrates
- Ian Graham