Do entrepreneurs need to be generalists or specialists?

The apparent conflict between being a specialist versus a generalist is something that has been discussed for some time now, with the catalyst typically being the increasingly deep well of knowledge required to function in a particular field.

What began with The Wealth of Nations and the lauding of specialization has taken on a new hue as the amount of knowledge has increased.  To excel in a particular area, therefore, often requires you to specialize in ever narrower niches.

Specialist versus generalist

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