Should I Specialize or Generalize?
Choose a Specialty That Has a Broad Market. If Your Specialty Is Too Narrow, You Might Find It Somewhat Limiting. Don't Choose Something That Will Put You in...
Choose a specialty that has a broad market. If your specialty is too narrow, you might find it somewhat limiting. Don't choose something that will put you in less demand. In summary Generalization offers better job security than specialization does.
Is specialization better than generalization?
However, the main reason for specializing is an important one: more money. "So, generally speaking, the common wisdom out there is it's always better to specialize and that you can demand a higher salary if you specialize.” To explain her way of thinking, Olinger uses a fairly common situation – choosing a restaurant.
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Why is it good to Specialise?
The individual with the specialty is viewed as authoritative. When your business decides to specialize, it automatically garners a higher perception of authority in the marketplace. This can allow you to charge more, while also accepting fewer clients. Generally speaking, specialization leads to higher conversions.