- Should you go to college or
should you drop out of college?
Is college really worth it?
Here is an article from CNBC, the future of work
won't be about college degrees, it will be
about job skills.
I have been saying this for years on social media
and being interviewed hundreds of times.
I've been keep saying this.
I'm so glad that CNBC agrees with me.
That we're no longer in the job economy,
we're in the credential economy.
Now we are transitioning to the skilled economy.
That's an industrial age idea that hey you can go to school,
get good grades, get a good job, work for company
until you're 65 and then
maybe you will retire comfortably.
While a lot of those companies won't be around
with technology, with AI with so many changes that are
happening in the marketplace.
They're thinking, they're having their piece of paper
that'll give you security.
That will no longer give you security.
Now we have to transition, our thinking, from just
you know what maybe their economy that is dead, the job
economy is dead.
So today I want to share with you three powerful insights
that I want you to consider if now you are thinking
of going to college right or you're in college, you're
in university, you're thinking is it really worth it,
should I stay here or if you are parents and you're thinking
should I send my kids to college?
Right those are some the questions you have.
So, insight number one and that is this, you don't just
wanna think like a student,
you wanna think like an investor.
See, according the survey, Freelancing in America 2018,
released Wednesday, 93 percent of freelancers with
a four-year college degree say skills training was useful
versus only 79 percent who say their college education
was useful to the work they do now.
Sixty-five percent of the children entering
primary school, listen to this,
will end up in jobs that
don't yet exist, reveals the World Economic Forum.
If you want to think like an investor, think about it,
as an investor would you invest, lets say,
a thousand dollars into something, knowing that you don't
know what return you're gonna get and you don't know
when you're going to get those returns and you don't know
when you're gonna get that money back.
As an investor would you invest in something like that?
You probably wouldn't.
So, when it comes to your education, when it comes to your
college degree, I want you to think like an investor.
An investor, we always talk about the
term return on investment right.
What's my return, I'm spending a thousand dollars, I'm
investing a thousand dollars, ten thousand dollars,
fifty thousand dollars, what is my return?
That's number one.
Number two is return on time invested.
Our OTI.
Return on time invested,
if I'm investing three years,
four years, five years, six years off my life, time that
you're never get back into something, into a degree,
into a diploma, whatever it is you're studying for.
What's my return on time invested?
What's my return?
What am I going to get back as a result, don't just blind
and listen to the media, listen to anybody in fact that
they say you should get it because that's what you're
supposed to have.
And that's what most people have.
Put that aside.
Think critically, think for yourself, think independently.
What's my return on investment and what's my return
on time invested.
Insight number two.
Now here it talks about something very very profound.
Twenty million students started college this fall,
and this much is certain: The vast majority of them
will be taking on debt, in fact a lot of debt.
In fact, comment below if you're going to school right now
that you actually have to borrow money, you're getting
student loan to support yourself throughout
this period of time in order for you to get that piece of
paper, to get that degree,
to get that diploma, comment below.
A lot of students, they are getting into debt.
Not knowing that hey, when
are they going to pay this off.
It would take them years and only if they could
actually even find jobs.
Even if they have jobs, after they graduate it would take
them years, years to pay that off.
Just think about it.
So insight number two, I want you to think about this.
I want you to think like business only.
That as we are transitioning from the job economy to the
skill economy.
You are acting as your own mini CEO, with the more you do.
We all are.
That imagine you're running your own little business.
That your skills, your knowledge, expertise,
that's your product.
That's what you bring into the marketplace, right.
That's what you're delivering to the marketplace,
in exchange of money so the more valuable you are,
the more value you can deliver, the more value you can
create, in the marketplace,
the more money you're gonna make.
So it's no longer just hey I have a degree, it doesn't
matter your degree or not it matters if you can
deliver real value to the marketplace
and that marketplace will
recognize the value and pay you for it.
So if you think like a business owner,
you will ask yourself
is what I am doing, what I am learning,
is what I'm studying, do people want this,
is there a need for my skillsets.
That's a very key question.
Is there a need for my skillset?
Number three, very very important.
Too often, degrees are still thought of as lifelong
stamps of professional competency.
Now you know the truth.
They tend to create a false sense of security,
perpetuating the illusion that work - and the knowledge it
requires- is static.
It's not.
It is not, things are changing faster than ever.
Wouldn't you agree?
Right, there's so many changes that are happening in terms
of different industries, in terms of technology.
So insight number three, I want you to walk away with this.
It's no longer about how much you know.
It is not how much you know, it's how fast you can learn.
Because whatever you learn today, two, three years later,
two, three months later it might change.
It's not static.
So its not how much you know right now, it does not matter
how much you know because what you might know might not
matter in a few years.
It's how fast you can learn.
So in order to have security, to have success after you
graduate, you got to think about, before you graduate
with what I'm learning how quickly can I turn what I know
into results, into value.
Because you get paid based on value, we all get paid based
on the value we deliver.
How fast you can take that, what you know in you head,
transfer that into value in the marketplace.
This would determine how much income
that you would generate.
So, it's not just how much you know,
it's how fast you learn.
And knowing that the faster you learn,
the faster you earn.
So a four year window, in terms of learning,
that's a long time.
Now we all need time to get to master it, to get good
at something.
Yes, we need that, we need that focus, we need that time.
But, what I'm saying is, you need to go in a hole
for four years, before you see a return.
Before you get anything back from what you're learning
and what you're learning may be opposite by the time
you graduate.
You see the problem with this, and that's why I'm so
passionate about what I do.
Teaching skillsets through my online university,
their lock university, giving students,
giving them a chance, giving them a skillset.
I call that high income skills.
Skillsets that are not taught in school.
That doesn't take four years to learn and master.
In fact it takes only a few months to understand,
be able to turn that skillset into result and value in
a very short period of time.
And now I have students in over 150 countries.
Join us. Click on the link below.
And see if this is for you.
Knowing that a college degree is no longer enough, it will
not provide you with the security that you are looking for.
Think for yourself. Think like a professional investor.
Think like a business owner.
And, knowing that is not how much
you know is how fast you learn.