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eliteauto wrote:I'm always amused when persons who have leveraged their future against their education talk as though they alone have great plans and make myopic statements such as their degrees allow them more latitude than an entrepreneur, or ask about job-security, paid vacations etc. Worse they talk about buying a house and CODs as investments..typical employee thinking
eliteauto wrote:read between the lines and what you're seeing are armchair analysts and intellectual snobs
eliteauto wrote:I'll give a real world example, I have 2 friends "M" works in the energy sector for around $30K a month he is married has no children bought a home in a gated community in Arima had an Audi A4, recently bought a new Honda Accord and has both his mortgage and car loan being partially paid for by his employer, he dines at fine restaurants, vacations in Europe and is a member of QPCC-this is what many ppl aspire to as the good life
By comparison my friend "S" is a mechanic, he drives an old model Accord, rents a house, I've never seen him travel, has 2 daughters and a girlfriend his income from his shop is probably $20K a month, he has excellent credit (banks call him to state he's been pre-qualified for loans in excess of 50K) he has a $30K Credit Card limit, mind you his shop is not a specialist one it's just a notch above mango-tree status, in addition to his shop he owns 18 cars (avg econoboxes no newer than PBR) that he rents to average ppl like himself ( short term , weekends etc) these cars net him on average $54K a month with over $30K being saved monthly
M gets up every day and leaves home @5:30 and returns after night fall, S gets to work as he feels around 8:30 wraps up by 5:30 ( usually earlier) can close the shop for a few days if he wants...M's lifestyle is tied to his employment, S determines what his lifestyle is, guess who stands a better chance of leaving a legacy behind for their children?
pugboy wrote:One thing for sure though is that in north america it is an easier road to be an employee.
Smokey wrote:Just say avoid going into credit card debit rather than avoiding them totally.
Anyway as for how I reached where I am, well i won't go into detail but here's some general advice.
1. Experience is more important than qualifications (once you have the minimum qualifications i.e.). Therefore, if you start your career among people you cannot learn from leave. I started my career with a boss who was possibly the best in the caribbean at what he does. That 1.5 years I stayed with him had reach a level that was on par or higher with men with 10 years experience or more in my field.
2. It helps greatly to stay ontop of your field by reading online blogs, magazines etc.
3. Learn the most popular software used in your field inside out!
4. Network! talk to as much people in your industry as you can and put yourself out there, the only reason my salary is 24K is because my current employer did not want to lose me to a competitor.
AbstractPoetic wrote:Perhaps because when we read Forbes, Wall Street Journal and Economic Times the powerhouse men/women behind the various lucrative industries have all obtained at least a college degree or higher with most obtaining exposure to their industry as employees before they became their own employer.
M gets up every day and leaves home @5:30 and returns after night fall, S gets to work as he feels around 8:30 wraps up by 5:30 ( usually earlier) can close the shop for a few days if he wants...M's lifestyle is tied to his employment, S determines what his lifestyle is, guess who stands a better chance of leaving a legacy behind for their children?
Perhaps because when we read Forbes, Wall Street Journal and Economic Times the powerhouse men/women behind the various lucrative industries have all obtained at least a college degree or higher with most obtaining exposure to their industry as employees before they became their own employer.
Rooki3 wrote:(Bill Gates, included--YES, he's recently obtained his college degree even after he's obtained his billions)
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LMFAO........................so what's the point?
Rooki3 wrote:Perhaps because when we read Forbes, Wall Street Journal and Economic Times the powerhouse men/women behind the various lucrative industries have all obtained at least a college degree or higher with most obtaining exposure to their industry as employees before they became their own employer.
Majority of Billionaires on forbes, are of inherited fortune
tr1ad wrote:d spike wrote:Computerman wrote:Well I can't speak for the other ppl here, but I make $1,600.00 a month!! Yeah, I know that's alot... but that's before tips!! If I factor that in I could take home as much as $1650, or in a really good month $1670!! Don't be jealous, you too can make that kinda dough! You just got to stick with your job! I been with the same company now for over 14 years... and I started at $1200 and worked my way up. I have no formal education to speak of and my grasp of the english language is minuscule at best. Don't worry... one day you can get here too!! Oh, I havn't mentioned the best part... what I do... I clean up other ppls s#it!zeeshan66 wrote:i'm curious to know what avg income is here /mth
Low pay... cleans up other people's sheit... I get it, you're an OJT in a primary school!
either that or he has a garage for HONDA
Rooki3 wrote:Where in my post says top ten, there are over 750 billionaires in the world & i reiterate, majority of there fortunes are inherited from parent or grand parents who "hustled"
Rooki3 wrote:e.g that guy who startes Wal-Mart, he started working as a clerk or cashier etc. in JC PENNY
pugboy wrote:trying to draw a correlation between a rich people list and education is pointless,
the simple fact is that the drive to succeed in life and wealth exists in people both educated and uneducated, in fact the assumption that a lot of educated people will far surpass uneducated is false as many of them will do well in life but just laylay dilbert style
AbstractPoetic wrote:My goodness, people are truly taking things out of context to help validate their opinions.
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