From the 1750s to 1950s, we enter the Industrial Age, Industrial Revolution.
Something happens. Something happened. This is the first time in history,
there are people who were born poor, could be rich. First time in history, people who were
born poor with no land but they created something that made them rich. In the
Industrial Age machines equals wealth do more and more of the hard work thousands
of years in the Industrial Age and now we're transitioning Industrial Age all
the farmers who were peasants farmers they have a little shack to live in
right that's how it works the industry the industrial tycoons and they say to
the farmers hey instead of working every day seven days a week 14 15 16 hours
every day come work in my factory you only work five days a week only 9:00
to 5:00 you can take the weekends more than that
if you do that you come don't work in the farms come work in my factory by the
time you get to 65 I would take care of you now think about it if you were a
farmer working all your life under the Sun seven days a week someone comes
along make you this offer what would you say say sign me up let's do it sign me
up and then your life is about to change forever
and back then Rockefeller Carnegie Henry Ford JP Morgan they became the richest
people in the world because they created machines to make mass production
possible and what happens is this in the first time in history a new class of
people was born that's the middle class for the first time in history now people
have extra time they have extra income because before working every day nothing
to do now they've got weekends and they've got to do something with that
extra time extra income so maybe they'll go away little bit take a little
vacation so now not two classes you have what the poor you have the middle class
and then you have the rich another thing that was born a new revolutionary
concept was born and that is called retirement retirement was born out of
the Industrial Age I'm gonna work at this job 95 for 40 years if it's good
I'm gonna retire that's the concept from the Industrial Age and what happens is
this you go home and you talk to your family so imagine Joe working in a
factory right one day the manager comes to Joe and say hey Joe
you are doing a very good job in the factory doing things you're productive
he's what we gonna do the manager tells Joe why don't I send you back to school
get some education if you do that you come back
I'm gonna give you a great choice like yeah of course you would Joe working in
a factory manager comes to say get some couple years education I'm gonna give
you a pay raise so you don't need to work in the factory I know you gonna
Incept work in the factory you're gonna manage the people work in
the factory so Joe comes home sitting down with the kids hey kids you know the
boss comes to me today and he said if I go to school for a couple years and then
I go back there I don't need to work in the dirty factory anymore I'm gonna get
a raise we're gonna make more money until tells all the kids kids if you
don't walk one to work in the factory like I did what do you need to do you
got to go to school the children are quiet cry oh baby you got to get good
grades so don't need to like what can i factor like your dad did these boys are
spiking the kids like okay dad I get it I'm mature go to school okay good grades
it's working it's now managing the people who works the machines couple
years later the manager goes to Joe Hey Joe you doing such a phenomenal job tell
you what why don't you go back to school for two more years get an MBA then you
don't even need to manage the people who manage the machine you'll manage the
people who manage the people who manage the machine and I'm gonna pay your stub
on what you're making like it's always like what is he gonna say sign me up I
went back to school for two more years graduated now I have that piece of paper
now Joe's making twice as much managing the people who manage the people who
manage his machine and Joe goes back and sits down with the kids at the inner
table again
you know what not you don't just go to school for four years go to school for
six years you don't even need to manage the people who manage a machine you can
skip that shit just go right up to middle management you can skip all of
that does that sound familiar that's where the concept was born from the
Industrial Age at a time the key to success in the Industrial Age was
traditional education if you don't have a good job you won't succeed and a
really good job it's you're running the people who are running the people who
are running machines that's a very good job you work forty years five days a
week we tired they take care of you does that work for most people anymore most
people struggle financially but it down because they're trying to create wealth
with an idea that was created from the Industrial Age in the 1950s
we're in the 21st century from the nine your family is feeding your idea they're
giving you the formula for success from 1950s and you wonder why they struggle
and they think let me if one job is not enough if the formula doesn't work what
do I do I get a say if that is not enough I get a third jobs not only they
don't get ahead they get behind they get left behind
you