Think & Grow Rich Lessons
Michael Grant Simon Stillwater, Minnesota, United States

Posted: 2021-03-17

SPECIALIZED KNOWLEDGE

 

According to Hill, there are two kinds of knowledge: General and Specialized.   Having a lot of General Knowledge is fine and may be good for conversation around a campfire, dinner part, trivial pursuit, or as a contestant of a Game Show.  General Knowledge, however, will not make you wealthy. You might make a few dollars, but this will not last and definitely will not be residual.

 

Many say Knowledge is power, which sounds great.  This statement, however, is far from true. Knowledge will only become power, when it is organized into definite plans of action and directed to a definite end.  This is specialized knowledge.

 

 

I grew up in Columbia, Missouri, which was a Small City, which has three higher educational institutions:  University of Missouri and two other colleges.  Therefore Columbia had plenty of College Professors and several thousand students.  Earning a College degree is fine and a sense of accomplishment. Many graduates will have opportunities to make a decent living. Most, however, will not obtain wealth and financial independence from their degrees.

 

My parents stressed that I needed to go to College.  I would have limited opportunities if I did not have a College Degree. So like most of my high school friends I went to College.  Several of my neighbors and parents of friends were involved in Higher Education suggested I attend a smaller Liberal Arts College.  I respected them and desired to go away to school.  I ended up at a small, but respected Liberal Arts College in Minnesota.  I had fun, was an athlete, member of a fraternity, made new friends and had fun during my tenure.  I took some interesting classes and some classes that I considered a waste of time.  For example we were to take two classes in the Arts: Arts Appreciation and Arts Participation.  So I took theatre and drawing.  Theatre was okay, because I was able to attend a few plays and write a few papers.  

 

Drawing Class on the other hand was a complete waste of time and money.  My drawing skills are as bad as my handwriting.  They both are terrible. I learned absolutely nothing. 

 

We as well were required to take a religion class.  I took Biblical Tradition.  This involved studying the Bible. Sadly the teacher appeared to be an Agnostic and Negative.  Guess what, my grade was average. Worse was I refused to look to reference the Bible for years after that.   There were a few other useless classes, but I think you get the point.

 

By the time I graduated, I started referring Liberal Arts to the Liberal Farce!  Some of my formal classmates will disagree with my view.  Fine and I am not the only one who feels the same.

 

The one positive I got out of College was I learned how to think critically and write my thoughts out.   The reality is I probably could have acquired this skill at the local University or Community College.   This would have been a lot less time and money! 

 

Not sure about my Alma Mater, but I hear varied opinions today at multiple higher education institutions can be detrimental to ones academic performance. In other words a Conservative Stance is not tolerated or accepted.   I have one question on this.  What good does this do to young minds and society as a whole, when all these individuals are brainwashed that this Country is rotten, people are oppressed, and so many are victims?   You tell me!

 

One will never become wealthy and financially independent with this mindset.   This was not the mindset of Henry Ford or Dave Thomas.

 

A number of individuals considered Henry Ford uneducated. A Chicago Newspaper even called Ford an ignorant Pacifist.   Ford response to this was having a bunch of General Knowledge was a waste.  Ford had a team of people who could provide the answer when he needed one.  Ford unlike these critics was a delegator and more importantly a leader.  Ford had massive wealth and his critics did not. 

 

The Founder of Wendy’s Dave Thomas did not complete High School.  He, however, after achieving great success, encouraged youth to finish high school.  He then completed his GED forty-five years after he drop out of High School.  He considered this one of the biggest accomplishments in his life. 

 

Education is fine and a High School Diploma and College Degree shows one can complete something.   Neither, however, guarantees wealth!

 

I have been in and out of the network marketing industry with a few companies.  The one thing each company I have been involved has one thing in common.  Their top distributors come from a variety of backgrounds.  Some have years of formal education and some barely graduated High School.   They have Doctors, Attorneys, sales professionals, carpenters, and truck drivers. 

 

These individuals succeeded in this industry because they had the desire, determination, and dedication to obtain personal development and were all in.

 

Personal Development is probably the most significant factor in success in this industry.  One will not have long-term success without it.

 

Thank you Michael and Linda for this wonderful program.  Thank you Rick Burnett for reaching out to me.  Thank you to everyone on these calls.

 

Proverbs Chapter eighteen verse numbers fifteen, “An intelligent heart acquires knowledge, and the ear of the wise seeks knowledge.”

 

Michael Simon

Vetpreneur