A Quote by Strive Masiyiwa
If you are working or you are running a business you have to set aside time and money to invest in your continued formal education and skills acquisition.
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My formal education as an extension to my college degree in journalism was the time that I spent working with the student newspaper. I would argue that my greatest education occurred by working for the student newspaper. It wasn't necessarily the classroom work that made my formal education special. It was the idea that I had the opportunity to practice it before I went into the real world.
Don't worry; skills are cheap, passion is priceless. If you're passionate about your content and you know it and do it better than anyone else, even with few formal business skills you have the potential to create a million-dollar business.
Education, especially business education will only give you tools. What you do with these tools is all that matters. Life and business isn’t paint by numbers. You have to think for yourself. You have to invent yourself. You have an inferred fiduciary mandate to yourself, and that means, it’s your responsibility to learn people skills, and language skills, in order to increase your chances of success. You also have to be at the right place, at the right time, with the right thing. Mostly and invariably, the real product you’re going to be selling is….you.
A lot of people want to start a business, and they're like, 'I wanna start a business, give me some money to invest.' Where is your business plan? Are you investing money yourself into your own business? How is this going to work? People think that they can just come to you with an idea and have money.
If you have a fantastic idea you're really passionate about and are making $100,000 in your job, if you can set aside some of that to invest in servers or contractors or other folks, that's actually the best way to start a business in my opinion.
Set aside a time solely for running. Running is more fun if you don't have to rush through it.
And when it comes to developing the high standards we need, it's time to stop working against our teachers and start working with them. Teachers don't go in to education to get rich. They don't go in to education because they don't believe in their children. They want their children to succeed, but we've got to give them the tools. Invest in early childhood education. Invest in our teachers and our children will succeed.
A time comes when silence is betrayal. That time has come for us in relation to Vietnam. A nation that continues year after year to spend more money on military defense than on programs of social uplift, is approaching spiritual death.I knew that America would never invest the necessary funds or energies in rehabilitation of its poor so long as adventures like Vietnam continued to draw men and skills and money like some demonic destructive suction tube. So I was increasingly compelled to see the war as an enemy of the poor.
I knew that America would never invest the necessary funds of energies in rehabilitation of its poor as long as adventures like Vietnam continued to draw men and skills and money like some demonic destructive suction tube.
Business requires an unbelievable level of resilience inside you, the chokehold on the growth of your business is always the leader, it's always your psychology and your skills - 80% psychology, 20% skills. If you don't have the marketing skills, if you don't have the financial-intelligence skills, if you don't have the recruiting skills, it's really hard for you to lead somebody else if you don't have fundamentally those skills. And so my life is about teaching those skills and helping people change the psychology so that they live out of what's possible, instead of out of their fear.
Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
Retarget your money. When your money comes in, you need to have already targeted where you are going to invest or doodad temptation will set in.
I think we need to rethink a lot of business skills. In finance, for example, social impact bonds are potentially a way of providing capital for investments that save the public money in a context in which government often doesn't invest in things that would save it money.
If someone thinks, 'I'll spend the off season working on my fitness and I'll come back a better cricketer,' I don't think that's enough. You need to spend a lot of time working on your skills and honing your skills.
I recognize the inequities certain cultures have to go through. I understand the history of slavery. I know all those things. But I'm not a victim. I can vote, I can participate, I can invest my money, I can invest my time, and that's what I'm doing. I'm not working for anybody. I'm not making any money doing what I'm doing. I'm doing it because someone did it for me.
From what I've seen, you either get grounded in that kind of positive thinking early on in life or you don't. Establishing priorities and using your time well aren't things you can pick up at the Harvard Business School. Formal learning can teach you a great deal, but many of the essential skills in life are the ones you have to develop on your own.
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