Wednesday 14 January 2015

If You Want to be Rich and Happy, Don’t Go to School Summary - Chapter 3

Chapter 3: What Do You Want To Be When You Grow Up?

1.      Choices made only on the basis of money or status, or on somebody else’s recommendations, tend to go stale for us. For example, the teacher taught you to get good grades in school to become a doctor and be wealthy.
2.      Schools actually decrease our potential for success because of the way they are geared to specialization. And the kind of specialization we’ve become accustomed to in this country leads straight into career traps that rib us of our dreams and rob the world of our greatest potential.
3.      Over-specialization leads us to extinction. We need an educational system which teaches general principles that would be transferable to any specialized profession. This would permit people to switch careers with minimum retraining.
4.      With the world changing as fast as it presently does, specialization is dangerous.
5.      Some of such skills that are applicable in a variety of jobs and professions include: sales, communication skills, ability to motivate other, time management, reasoning skills, creativity, and many others.

6.      My suggestion is to begin looking for jobs where you can learn, not just earn. Commit a number of years of your life to increasing your generalized skills in business as well as in whatever specialized skills you may presently have. Specialists must work for generalists unless the specialist is also a generalist. 


Chapter 4: My Child Is Doing Fine


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