Learning Equals Earning. True or False?
The answer is True.
It might surprise you how many people think the answer is false. And they use the examples of well-known people who are extraordinarily wealthy but did not finish school. The most frequently used example is Bill Gates, who famously dropped out of Harvard and went on to become the wealthiest person on the planet.
But very few of us will be like Bill Gates. Rather, most of us earn income the old fashioned way – by getting jobs that pay well.
Learning is part of economic survival for most of us. If we don’t stay current, up to date, and continuously re-skilled in our professions (regardless of what they are), we fall behind. Thomas Picketty, the economist who wrote Capital in the 21st Century, stated it clearly in the quote below:
Over more than 300 years of history, the only predictable factor that drives individual earnings potential is “skills and knowledge.”
Learn and grow, or go obsolete.
Bonus: Read the Review of Capital in the Twenty-First Century by Bill Gates | gatesnotes
“Once you believe that you are Ripe, You are Ready to Rot!”
“Well, I did do a good job and definitely deserve a break!”
Well, it’s fine to feel satisfied with your past efforts and achievements. BUT……….And its a BIG BUT……….The problem is that it’s now your PAST
So, you can’t sit and think of your past achievements as your source of contention because the future is still open for you – and for a lot of others too. And they might, in all probability, challenge your past achievements and leave you sitting like an exposed duck!
The answer to this scenario must be to stop thinking that you’re all ‘Ripe’ and ‘Great’ now and slowly crawl out of your comfort zone seeking the next challenge, the next project, the next achievement, and then the next, and then the next till you know how much you still need to do!
A sure-shot way of dealing with this is to always set very high goals, sometimes beyond any possible conception of achievability, and compare your performance in any skill-set to the best that has ever been.
The following James Cameron quote on this subject is my personal favorite –
“If you set your goals ridiculously high and it’s a failure, You will fail above everyone else’s success!”
I’ll end this post with a question to all of you, a quote from Ray Kroc:
“Are you Green and Growing, Or Ripe and Rotting?