College Requirement
03-07-2006 | 06:50 PM
#61
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education
Originally Posted by SkyHigh
I read it in an article a few years ago. It said that since the high school grad can't get some of the fancier jobs they are forced to do other things to make a living like open a gas station, tire shop, plumbing company, HVAC company and the number one construction company. In order to run a small business you need to acquire assets therefore real estate and heavy equipment is often bought. Over time this leads to an accumulation of wealth. My accountant told me the same thing. All his clients are farmers or small business owners who are multi millionaires and drive old beaters. While he makes his 85K and drives a newer BMW. Wealth building is not linked with education.
In my current occupation I see the public crying out for a reliable plumber and will pay handsomely for it while business school grads flip burgers. We have an over educated population of people who don't want to work. The rest are mostly unskilled and unambitious.
If you are truly interested in this topic you could read the wealthy barber or search the internet. I am sure that you will find something.
SkyHigh
I found an atricle from the UK on the subject.
http://www.bbc.co.uk/pressoffice/pre...lionaire.shtml
In my current occupation I see the public crying out for a reliable plumber and will pay handsomely for it while business school grads flip burgers. We have an over educated population of people who don't want to work. The rest are mostly unskilled and unambitious.
If you are truly interested in this topic you could read the wealthy barber or search the internet. I am sure that you will find something.
SkyHigh
I found an atricle from the UK on the subject.
http://www.bbc.co.uk/pressoffice/pre...lionaire.shtml
03-07-2006 | 07:05 PM
#62
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From: Corporate Pilot
Still
Originally Posted by dogpilot
Many of these self made millionaires go on to get their degrees because they realize the importance of an education, Dave Thomas of the Wendy's chain is an excellent example. If all you want is money then a college education is not the route to take. Traditionally higher learning accompanied the arts not vocational positions, it has leaned away from that today. An education still remains invaluable to the core of societal growth
Still most go to college in order to improve their earning potential, and not for societal growth. As for the millionaires attending college for the importance of education I am sure it is a tiny few. The university of life is the best education of all.
SKyHigh
03-07-2006 | 08:32 PM
#64
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Fools and Horses, that's a great story. So did you give up on UPS because of the lack of degree or did you actually apply? It sounds like that guy was a major ass hole, why would you need college when you have 14k hours experience.
03-07-2006 | 09:04 PM
#65
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From: 767A (Ret)
Personal Growth
Originally Posted by SkyHigh
Still most go to college in order to improve their earning potential, and not for societal growth.
SKyHigh
SKyHigh
I went because anything beats milking cows. As it turned out, my field of study didn't matter, since I got a low draft number and joined the USAF. That led to a nice airline career---I was very lucky. Surprisingly, the college courses I now value most were a couple of music appreciation electives I took for an easy "A".
Making a living comes first, but I think college offers a lot beyond that. It doesn't have to be a four-year program; maybe an evening course here and there at a community college. Quality of life is the ultimate reason for earning money in the first place.
03-08-2006 | 03:06 AM
#66
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From: B-737NG preferably in first class with a glass of champagne and caviar
[QUOTE=SkyHigh]
Pilots have an incredible tunnel vision when it comes to what the outside world earns for seemingly simple tasks. As a small business owner I frequently look over peoples credit and income information. The outside world is gaining on the pilot profession and has long ago passed the regionals.
I believe that an English muffin distributor can earn 100K.
SKyHigh
thats why I'm and actuary. More $$$$$$$$$$$$ than flying
Originally Posted by captjns
Pilots have an incredible tunnel vision when it comes to what the outside world earns for seemingly simple tasks. As a small business owner I frequently look over peoples credit and income information. The outside world is gaining on the pilot profession and has long ago passed the regionals.
I believe that an English muffin distributor can earn 100K.
SKyHigh
03-08-2006 | 04:11 AM
#67
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From: Retired
BURflyer: Yes, I did apply to both FedEx and UPS. Unfortunately, it seems, you need to have an inside contact at either one. The only individual I knew who went to FedEx was psychotic (how he got hired, I don't know), so I couldn't admit I knew him or use him as a reference. The only individual I knew who went to UPS was a woman who was a former AA flight attendant. She seemed to be willing to put in a good word for me, but something happened (I don't know what), and now she is unresponsive when I try to call her. Maybe she's sick too? Anyway, after thirty plus years of this flying thing, I've just had enough. Would have another eleven and change to go, but really not that interested.
03-08-2006 | 05:26 AM
#68
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From: B-737NG preferably in first class with a glass of champagne and caviar
Originally Posted by Fools & Horses
BURflyer: Yes, I did apply to both FedEx and UPS. Unfortunately, it seems, you need to have an inside contact at either one. The only individual I knew who went to FedEx was psychotic (how he got hired, I don't know), so I couldn't admit I knew him or use him as a reference. The only individual I knew who went to UPS was a woman who was a former AA flight attendant. She seemed to be willing to put in a good word for me, but something happened (I don't know what), and now she is unresponsive when I try to call her. Maybe she's sick too? Anyway, after thirty plus years of this flying thing, I've just had enough. Would have another eleven and change to go, but really not that interested.
03-08-2006 | 06:05 AM
#69
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From: Retired
captjns: Good thought, but not interested. I threw a lot of money into the thoroughbred business while I was still flying. Just a tiny minow in a very large pond, but I have had some luck (breeding to sell, not racing). Every other year or so, it throws off an amount equal to a year of flying...at the old wages. I have a very modest lifestyle, and don't need more than that. By the way, I'm confused...are you actively flying or an actuary? Also, those FA's that you referred to...I hope that they were very cute, straight guys or I wouldn't have been interested.
03-08-2006 | 08:33 AM
#70
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From: B-737NG preferably in first class with a glass of champagne and caviar
Fools and Horses:
After 4 years of taking up space in college with no major prospects to support my intrepid aviation feats, since airline pilots were furloughed, I went to work for an insurance company. While there, I sat for the 10 Actuarial exams some 26 years ago and became enrolled as a FSA. Eventually I went out on my own and started my own actuarial consulting firm which designed retirement and insurance plans for corporation. Like you, and very smart of you may I add, I hedged my bets in case flying no longer wanted part of me.
I took advantages of the flexibility of owning my own business owner. During that time I flew of a various airlines, was a training captain on a private transport category jet, helped certify a few airlines, was a contract pilot, ferry pilot... you name it... and after 30 years I'm still flying.
I always wanted to fly in Europe so, I took a position contracting agency 6 month ago. I am on a "5 on 5 "off schedule. Having a great time... rolling through Europe on my days off.
Oh as for the F/As... beautiful from all over Europe... and the best part all, if we were in the US, they are all too young to is that the are all way to young to qualify for OASDI under the Social Security.
After 4 years of taking up space in college with no major prospects to support my intrepid aviation feats, since airline pilots were furloughed, I went to work for an insurance company. While there, I sat for the 10 Actuarial exams some 26 years ago and became enrolled as a FSA. Eventually I went out on my own and started my own actuarial consulting firm which designed retirement and insurance plans for corporation. Like you, and very smart of you may I add, I hedged my bets in case flying no longer wanted part of me.
I took advantages of the flexibility of owning my own business owner. During that time I flew of a various airlines, was a training captain on a private transport category jet, helped certify a few airlines, was a contract pilot, ferry pilot... you name it... and after 30 years I'm still flying.
I always wanted to fly in Europe so, I took a position contracting agency 6 month ago. I am on a "5 on 5 "off schedule. Having a great time... rolling through Europe on my days off.
Oh as for the F/As... beautiful from all over Europe... and the best part all, if we were in the US, they are all too young to is that the are all way to young to qualify for OASDI under the Social Security.
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