TINK!
Industrial Age Thinking (pre-1980's)
1. Get a college degree
2. Find a job with good retirement. A government career is best in terms of security and retirement benefits.
3. Read manuals and find written instructions for anything unfamiliar. You don't want to make mistakes.
4. Warranties and name brands all important. Made in USA the goal.
Information Age Thinking (1980 - 2010ish)
1. Go to college but expect to change your major several times.
2. The JOB you get most likely won't be in your major. Make your own retirement via 401Ks.
3. Learn by Playing. All new electronic devices are quickly mastered by playing. Who reads manuals anymore? Making mistakes is how you learn; the more mistakes, the faster the rate of learning.
4. Forget warranties as you will quickly give up older devices for the New. Most products made outside USA.
Entrepreneurial Thinking (2010 - Current)
1. Forego college and attendant +$100K Student Debt (now collectively over one Trillion Dollars). Teach yourself off the internet either selectively or thru Lydia, Skillshare, Udemy etc.
2. Create your own Job for yourself and for others. Everyone's a consultant/independent contractor. Create your own retirement that's recession and inflation proof.
3. Create services and products people wonder how they ever did without.
4. Get a percentage of products made both in the USA and from without.
The rate of Job creation is currently unable to keep up with the population increases. There are not enough Jobs to go around and the competition will only increase in the future.
1 comment:
A few problems with that.
1. For one reason or another most people aren't able to create their own job much less create services and products other people wonder how they ever did without.
2. We need well rounded people, not just folks who have selectively learned what they need to know in order to make money.
3. If everybody is a consultant/independent contractor where do these consultants and independent contractors get their employees? "Hi, I'm your hamburger consultant, do you want fries and a soda with that?"
4. "Create your own retirement that's recession and inflation proof." That is really funny when you realize the problem caused by a recession and/or depression is that they destroy wealth. Sure, some people will do ok during a recession, maybe even make money. But on average people will lose wealth.
5. Finally, if "The rate of Job creation is currently unable to keep up with the population increases." And, "There are not enough Jobs to go around and the competition will only increase in the future." How do you propose we fix those problems? Or, do we just let folks starve?
6. One last question. 40 or 50 years ago when I went to school student debt wasn't as crushing as it is now. What happened?
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