Get All Access for $5/mo

Do You Really Need 10,000 Hours to Become an Expert? If you can't share you're knowledge, you're not an expert -- even if you've put in the time.

By Jeff Rose

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Jeff Rose details a time when he completely bombed an interview to become a financial advisor. He details how he let self-doubt get to him even though he considered himself an expert.

Rose points out that while he was knowledgable in the technicalities of financial planning, he was not able to deliver all the information he had learned. This inevitably meant he actually was not an expert, despite the certificates and education he had received.

After this experience, Rose consideed being an expert as doing something that others haven't. Others who do not have your experience, may be willing to pay a certain cost to hear what you have learned; Rose points to a few bloggers who have done exactly that and made impressive profits.

Some of the steps Rose recommends to become an expert include doing research and studying it, as well as attending conferences to stay current on industry knowledge.

Hear Jeff Rose's complete list for becoming an expert by clicking on the video.

Related: Only 3 Percent of People Can Answer These Basic Money Questions. Can You?

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Jeff Rose

This Certified Financial Planner Explains How to Invest $10,000

How I'm Picking the Best Stocks Right Now

Michael Jordan's Top 7 Rules for Success

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Growing a Business

3 Non-Financial Factors That Could Impact Your Business' Value

For healthy companies that want to maximize their value, the qualitative indicators can be bundled into three main categories.

Business News

She Tracked Her Missing Luggage With an Apple Device — Straight to an Airport Employee's Home

Paola Garcia flew into Terminal 4 at Fort Lauderdale-Hollywood International Airport last month when she noticed her luggage never made it to the carousel — then her Apple Watch started pinging.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.