He's not writing an essay on the relationship between taste, skill and creativity and how they feed back into each other. I think he's just saying stick in there. It's tough for everyone in the beginning, and this is one reason why.
It'd still all ring true, and be more general, in the sense that one's taste is linked to who one is (your unique background and life experience). So in general this condition of relative uniqueness, saying nothing of it's subjective quality or goodness, could still be enough to make one's creative efforts worth something, inasmuch they'll probably be relatively unique.
Something that's not mentioned in the quote but that I think is really important is the fact that the media he was consuming in training his "ear" was - in our culture of mass-media - predominately produced by some of the very best of the very best (by some metric). Of course your early efforts are going to pale by comparison.
On the whole, I agree with his sentiment that hard work will get you success, but the idea he magically started out with some kind of innate talent for telling whether or not things are good is the same type of illogical thinking he's talking about being discouraging to beginners.