Nick Harper Tyler , TX, USA
Chapter 5 Specialized knowledge
THERE are two kinds of knowledge. One is general, the other is specialized. General knowledge, no matter how great in quantity or variety it may be, is of but little use in the accumulation of money. A favorite book of mine is an EXCELLENT explanation of specialized knowledge...
An uncle of R. U. Darby was caught by the gold fever in the gold-rush days, and went west to DIG AND GROW RICH. He had never heard that more gold has been mined from the brains of men than has ever been taken from the earth. He staked a claim and went to work with pick and shovel. The going was hard, but his lust for gold was definite.
After weeks of labor, he was rewarded by the discovery of the shining ore. He needed machinery to bring the ore to the surface. Quietly, he covered up the mine, retraced his footsteps to his home in Williamsburg, Maryland, told his relatives and a few neighbors of the “strike.” They got together money for the needed machinery, and had it shipped. The uncle and Darby went back to work the mine.
The first car of ore was mined, and shipped to a smelter. The returns proved they had one of the richest mines in Colorado! A few more cars of that ore would clear the debts. Then would come the big killing in profits.
Down went the drills! Up went the hopes of Darby and Uncle! Then something happened! The vein of gold ore disappeared! They had come to the end of the rainbow, and the pot of gold was no longer there! They drilled on, desperately trying to pick up the vein again— all to no avail.
Finally, they decided to QUIT.
They sold the machinery to a junk man for a few hundred dollars, and took the train back home. Some “junk” men are dumb, but not this one! He called in a mining engineer to look at the mine and do a little calculating. The engineer advised that the project had failed, because the owners were not familiar with “fault lines.” His calculations showed that the vein would be found just three feet from where the Darbys had stopped drilling! That is exactly where it was found!
The “Junk” man took millions of dollars in ore from the mine, because he knew enough to seek expert counsel before giving up. SPECIALIZED KNOWLEDGE!!!
We as humans sometimes have too much pride and EGO to ask for help when we get stumped, and it often costs us riches, relationships, and opportunities.
I'm very thankful for the wealth of specialized knowledge here at MFF...it's a pleasure to learn from Linda and Michael Dlouhy, and each and every person that makes up this powerful mastermind. It took a long time to find this amazing system and I'm so glad that I didn't QUIT Three Feet From Gold!!!