Tayo Solagbade’s
Performance Improvement IDEAS
(PI Squared) Newsletter

Monday 23rd December 2019

NB: This PI Squared newsletter will be published weekly, on Mondays, in place of the Speaking/Web Marketing IDEAS newsletter, starting from today – 15th February 2016. I’m reinventing my Monday newsletter content and theme, to accommodate my vision of serving the growing audience of serious minded individuals and organizations reaching out to me, with information, education. news and research findings designed to help them do what they do better.

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PII 184: Educate Your Child to Reliably Make Money by Herself, to Meet ANY Needs She Has – Anytime She Wants [HINT: If you are a parent to kids you REALLY LOVE and desire success for, you NEED TO READ THIS!]

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QUESTION: What skill, talent or competence has your child exhibited or developed or got – NOW – that you believe can help him/her CONFIDENTLY and COMPETENTLY command income s/he needs – with or without a salary job?
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A degree certificate is no longer a guarantee of income via paid employment or otherwise.

We must empower kids as early as possible in life to KNOW how to MAKE MONEY and to NOT need a job, to live independent lives and achieve success in life.

I’ve heard some people recommend not letting kids get too interested in money early on in life. That they should FIRST focus on academic studies and graduate with good grades.

BUT THEY ARE WRONG!

“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.” – Robert A. Heinlein

Please note: The earlier a person learns about money making the better s/he is likely to be – financially – over time, in life.

Without money, very little works in today’s world.

And it’s important to know that being academically brilliant will not make you good at making money – because schools do NOT teach money making.

How many of your teachers were RICH in the real “money” sense of the word?

“If going to school made people rich, schoolteachers would be millionaires.” – Robert Kiyosaki

Your best bet therefore is to DEVELOP the ability to reliably make money by yourself, to meet ANY needs you have, anytime you want.

Robert Kiyosaki calls it BEING ABLE TO PRINT YOUR OWN MONEY.

In case you wonder, I’ve been reading Mr. Kiyosaki’s books since 2000 – and have ADAPTED lots his ideas to suit my unique needs in the peculiar socioeconomic environment of my primary target market in Africa.

The Current Situation

The skills required for personal survival and financial success have changed from what obtained decades ago.

Back then all you needed was to go to school, get good grades and land a good job, with good benefits and you were literally made.

Today, such opportunities are getting harder to find by the day, while more and more people with good grades are joining the hunt for them each year!

But at the same time, in today’s technology enhanced world, we see proof that anyone – with minimal schooling – who can quickly acquire new skills to create/add tangible VALUE that others gladly pay him/her for can become financially successful.

The Problem

Sadly, many people today, continue to send kids to school to get education that prepares them for the world that existed decades ago in which graduates aimed for employment in factories/industries.

As a result their kids undergo formal schooling (aka academic/knowledge based education), but do not have life/survival skills when they graduate.

“It’s only after you have left school and, in adulthood, gained a bit of distance, that you can be fully aware of the gaps in your education.” – Rhiannon Lucy Cosslett in this excellent article.

How I got my wake up call.

1. I graduated top of my class with a degree in Agric. Extension

2. Then I got into paid employment with a multinational brewer as a Graduate Trainee where I saw hands on competence mattered more for success than certificates.

3. Then I quit paid employment to run my own business in the real world (aka University of Hard Knocks)…where I repeatedly saw people with less formal education than mine get AHEAD of me – some mocking me.

It took me many years of perseverance and self-education to LEARN how to survive in the real world.

But I gradually learnt how to do it – by developing my own unique combination of skills to solve real life problems for others.

Today I use self-taught spreadsheet programming and web marketing/freelance writing skills to deliver custom Excel-VB spreadsheet software as well as a growing range in multidisciplinary information products – in addition to other unique solutions that earn me repeat income from clients locally and internationally.

…in case you missed it, I DID NOT LEARN TO DO ANY OF THAT IN UNIVERSITY!

ONE BIG LESSON I LEARNED is that “Education differs from Schooling:

The truly educated person knows how to apply knowledge s/he acquires to achieve a useful end that others value enough to pay him/her profitably for.

This is why Henry Ford was described as a man of education despite the fact that he had no formal schooling. He employed the greatest engineering minds and made them work together to achieve the feat of building the automobile engine for a car that could be purchased by the masses – even though they had all told him it was impossible!

The Alternative Education Model i Propose for Adoption by Smart Thinking Parents Who Love Their Kids

Today I recommend parents design custom education for their kids that combines DAILY Formal Schooling with Real World Relevant Life Skills Acquisition Training

This is what I am doing for my kids.

I’m exposing them to academic education combined with practical, real world relevant skills based education.

And I insist on as close to 50:50 content as possible i.e. 50% academics versus 50% practical vocational skills training content.