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Posted by Elizabeth Richardson on February 22, 2008, 1:37 pm
Listening to NPR's Weekend Edition on Saturday, I heard an interview with a
fellow who left college with $25 in his pocket and set out to see if he
could find the American Dream - without using his college education. He was
successful, to a certain degree, and has some interesting pointers for
beginners who start with nothing. Of course, he's also written a book. The
link to the story and the 4:30 podcast is:
http://www.npr.org/templates/story/story.php?storyId=19115850
Just thought someone might find it interesting.
Elizabeth Richardson
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Posted by on February 22, 2008, 7:11 pm
The fellow believed in hard work, thrift and had faith that he would
succeed.
I wouldn't have wasted a minute of my time disproving some academic
point. I would have used my college degree, connections and anything
else I had to succeed as best as possible.
To keep this on topic I suppose I should mention that this is an
example of wealth following the production of goods and services.
Cheers
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Posted by Elle on February 22, 2008, 8:36 pm
> I wouldn't have wasted a minute of my time disproving some
> academic
> point. I would have used my college degree, connections
> and anything
> else I had to succeed as best as possible.
What bothers me about the report is that it seems to ignore
that the guy still had a big leg up by virtue of his college
experience. Namely, his education gave him better
communication and logic skills, and so more savvy in
general. What was he going to do, in this little exercise,
pretend his reading skills were poor? Actually only read
every other statement of contracts to show he was dumbed
down and so competing on a level playing field? No way can
he be compared to the typical non-college graduate with $25
in his/her pocket.
It's still a good tale, but I would add a caveat or two.
Maybe the book actually does.
Lastly, he wrote the book. You better believe he used his
college skills to come up with this little plan, this book
that is his million dollar baby. I congratulate him more on
being a writing entrepreneur!
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Posted by Elizabeth Richardson on February 22, 2008, 8:36 pm
> The fellow believed in hard work, thrift and had faith that he would
> succeed.
>
> I wouldn't have wasted a minute of my time disproving some academic
> point.
I think the fellow demonstrated to those who have no college education, that
success is possible. So many people are bemoaning the fact that they can't
get anywhere, nor accumulate any savings, when earning a pittance; this
shows those naysayers that it is possible. And, of course, he has used his
college degree to write and publish a book.
Elizabeth Richardson
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Posted by Mike on February 24, 2008, 7:45 am
wrote:
> Listening to NPR's Weekend Edition on Saturday, I heard an interview with a
> fellow who left college with $25 in his pocket and set out to see if he
> could find the American Dream - without using his college education. He was
> successful, to a certain degree, and has some interesting pointers for
> beginners who start with nothing. Of course, he's also written a book. The
> link to the story and the 4:30 podcast is:
>
> http://www.npr.org/templates/story/story.php?storyId=19115850
>
> Just thought someone might find it interesting.
>
If you're interested in picking up a free copy of his book,
GetRichSlowly did an interview with him, in which he (Adam Shepard,
the author) told GRS's readers NOT to buy his book, but rather email
him and he'll give you a copy on PDF for free. Here's the link :
http://www.getrichslowly.org/blog/2008/02/18/scratch-beginnings-an-interview-with-adam-shepard/
BTW, it's a good story. I'm only halfway through it so far but I
think it's an interesting read...
Okay, back on topic now.
Mike
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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
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