I Am Still In School, What Should I do?
This chapter was kind of interesting. For people still in high school, Robert recommended that one should focus on having fun as one can learn a lot of skills by doing so. He also feels bad for kids who are forced to take expensive programs as a child as it is the parent’s way of ensuring that the child is college ready at even the early age of kindergarten. As to what type of courses one should learn, he recommended that college students study in an accounting or business law subject to provide you with a better knowledge of these topics which are important for an entrepreneur as oppose to relying entirely on someone else’s advice. Afterwards, he talked about financial IQ again and how understanding your cash flow plays a pivotal role in your success. As a practice exercise for younger people, he recommended that you do your family’s shopping with a certain budget while also being able to satisfy everyone by purchasing food and groceries that people won’t constantly get tired of. The other way to practice in increasing your financial IQ is to take $10 and then see how long it takes you to double it as most people know how to work for money, but not how to use to make more money.
Donald Trump re-emphasized what he touched on earlier and recommends that in school you should always try to do more than what is expected. Also like last time, he recommends that you go out and see what is happening around you by doings things like watching the news. On top of this, he recommends that you review your financial status every week like how you would treat your laundry as a required task. He then ends by saying that you should try to find out what your ambition and passion is and an easy way to do this is to ask yourself if money wasn’t an issue at all, what would you be doing?
I guess all the points are true as you have to learn how to have fun and to do something that you are passionate about. The only other thing that I would recommend is that while you are still in school try to meet a lot of people and possibly form a way to stay in touch with the people that you get along with. Not just for fun, but you’d be surprise on how many of your old classmates or colleagues that you knew actually had the exact skills or services that you needed to take your business to the next level. As they say, it is a small world.