If quality of opportunity follows a power law, you should spend almost all your time searching.
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Umm. Only in fields where execution is like throwing a switch. Like investing.
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Not if you run out of time, money, or motivation looking for it. Search is generally a cost sink, time sink, and motivation killer. There’s also an opportunity cost in terms of learning. Should you get 2x better at your craft working in half as good an opportunity? Often, yes.
Almost all the blog posts I’ve written were not worth writing by your measure and I should have held out for a better one to strike. Yet blog post impact is indeed power law. My top 3-4 posts out of 500+ account for most of my reputation.
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The problem there is a) I can’t tell accurately how good the idea is upfront b) skill development at execution is an input variable into the valuation of future opportunities c) unlike money time cannot be concentrated and deployed at scale.
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