D
Deleted85763
Guest
From what I have seen generational wealth is about an 80% predictor of future economic standing. Children of executives became upper class. Children of managers, engineers, etc. become middle and upper middle class. Children of blue collar workers become lower to middle class. I believe that it is not the cost of education which is the barrier but the "know-how". This is profound in that most anyone, regardless of economic background, can acquire this know-how and break the generational barrier.
For example, wealthy businessman manufacturers a product. The know how is everything to do with the process - purchasing, engineering, manufacturing, marketing, customer service, selling and shipping. By knowing these processes one can become involved in one or more of the processes at great profit. For example, in purchasing one gets to know who the suppliers are. Just with this information they can represent suppliers to other manufacturers. If they become acquainted with shippers they can become involved with shipping. I'm not saying it's really easy but it's not "rocket science" and it doesn't take an expensive and time consuming education to make it work. I believe people with average intelligence or greater who are motivated can learn and succeed.
What I propose is a new educational system that transmits practical trade information. Information where one can see where the money comes from and why. Anyone else agree?
For example, wealthy businessman manufacturers a product. The know how is everything to do with the process - purchasing, engineering, manufacturing, marketing, customer service, selling and shipping. By knowing these processes one can become involved in one or more of the processes at great profit. For example, in purchasing one gets to know who the suppliers are. Just with this information they can represent suppliers to other manufacturers. If they become acquainted with shippers they can become involved with shipping. I'm not saying it's really easy but it's not "rocket science" and it doesn't take an expensive and time consuming education to make it work. I believe people with average intelligence or greater who are motivated can learn and succeed.
What I propose is a new educational system that transmits practical trade information. Information where one can see where the money comes from and why. Anyone else agree?
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