There Is No Huge Correlation Between Education and Income and Here Is Why - Part 2

5) This has little to do with life being fair or not. ItThe more they want the information the more you
has everything to do with you figuring out how tocan charge because no one else will be providing the
make money, whether you have a degree or not.information they want at a lower cost.
Do I think you have been snookered on theThis is America, the land of opportunity. This is a
education trip? Yes I do. Why? I have too muchneeds-based, on-demand economy. The market you
experience and evidence to think otherwise.want to earn your living in is capitalist based, not
Both of us come from educated families that wouldeducation based. If you cannot figure out the
naturally stress education. I was appalled when myeconomy, become a teacher and settle for whatever
son and daughter had zero interest in continuing theirsalary and benefits education pays a teacher.
education after high school.8) Also, stop acting like there is some big secret
My daughter is now a loan officer with Washingtonabout how to make it in your chosen field. Get into
Mutual making good money, probably far better thanthe field and act like you are the secret. Do not
you are, and she has zero student loan debt.chase people and opportunities, act like you are THE
My son did get a 2-year certificate as an automotiveperson and THE opportunity is with you.
technician; he refused to take the 4 or 5 academicYou are bright, educated and capable. You are the
classes with the occupational training so he could getanswer to your own quest to find someone else to
an Associate of Technical Arts Degree rather than ahire you. Start acting like you are a person of total
certificate as an auto tech.substance.
He told me, "Dad I do not need any more education."Make people appreciate and understand instantly that
Remember what Mark Twain said: "I never allowedwhen they are talking to you, or doing business with
schooling to interfere with my education."you, that they are dealing with a person of
My son is 28 years old and already has a $540,000substance. Repeat, a person of substance. Let there
house, 4 upscale vehicles, a rental property and twobe no mistake.
auto repair shops with an income well in excess ofIf your thing is hip-hop music, become the authority,
$12,000 a month plus the net profits from hisbrand yourself and build a reputation so that no one
businesses.thinking hip-hop is doing squat without consulting you
Did he need a college education to succeed? Youfirst because you have the answers, and are worth
decide. This is why I say that there is morewhatever you are charging and 20 times more!
correlation between people skills, having technical skillsThink about who you need to be, not who you are
and being in an activity that is in demand than thereat the moment, then be that person, becoming a
is between pure education and income.magnet that will attract people to you.
6) Do I believe everyone should have a collegeNow get out there and make me proud of you. You
degree, say at least a bachelor's? Absolutely, becauseare an expert. You do not know everything and
you will be exposed to multiple areas of knowledgequickly acknowledge so, but in your area, there is no
and get some well-needed breeding and culture. Myone who knows more than you. Period. That is it.
son could care less about classical music, plays,And if you do not agree with me that I am an
culture, reading, etc. He is focused on making moneyexpert in my field, no matter, others do.
and when he looks at anything he is only interestedYou are not some silly girl with three degrees who
in discovering the answers to two questions: Wherecannot find the right job at the right income. Start
is the money? and How can I get it?2007 as an expert, not as someone looking for a job.
This is the clear difference between an entrepreneurYou know I believe in you. Now you need to believe
or businessperson and a college graduate who isin yourself and get out there and let the world know
thinking his or her education is going to bring them bigwho you are. People will start listening when you
bucks.decide you are a person of substance, know what
Nothing will bring you a lot of bucks unless and untilyou are talking about, and then continue to get more
what you bring provides a service or product that isknowledgeable and helpful in your area of expertise.
in demand, has little competition and you can chargeThis is not a mind game. Do not believe with your
big bucks for your service.head, believe with your heart as if your life depended
This is why brain surgeons and auto repair techniciansupon it and people will accept you as an expert.
who own auto repair shops make money. Cars breakWhen they offer you less money than you want,
down. People have brain cancer. Who cares whetherlook them straight in the eye and tell them you
you have 3 degrees, or 20 degrees, or whether youwould like to help them but other people are offering
know hip-hop from opera?you more money, and then shut up.
7) Given your circumstances, this is what IDo not try to justify or explain yourself or your
recommend you do: Use your expensive education,value. If the person you are talking to cannot figure it
street smarts and intuition to figure out what peopleout, find someone else who can.
want to know and then provide the knowledge orThere are two possible outcomes in any situation:
information they want and need, and charge for yourresults or excuses. I think you know which situation
service.you want to be in.