Should I Be a Specialist or a Generalist?

Everywhere we look we see that small business owners are opting for contractors instead of full-time employees. From Inc Magazine to Entrepreneur.com to Fast Company, this change is flooding content channels. (Here’s an example). And in fact, we’ve seen the number of contract hires in PredictiveTalent soar in the past couple years.

This trend isn’t going anywhere, so when we contemplate which is more beneficial – being a specialist or a generalist – we choose the former. For small business owners it is far more economical to hire a specialist for projects than to hire a generalist full-time to do a series of jobs. Specialists can be as varied as accountants, illustrators, researchers and administrative assistants, and for the financially conscious small business owner, delegating work to someone who really knows his or her craft is the superior choice. Always.

When you’re faced with the choice between being a jack-of-all-trades or a very skilled professional in one field, which one are you going to choose?

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