Why Getting A Job Is A Complete SCAM #Best Education Page #Online Earning

how's it going today guys welcome back

to the channel hope you're having a

great day so far so what we're going to

be talking about today in this video is

basically one of these pivotal lessons

that I learned when I was about maybe 20

to 21 years old on how basically you

know going out there and following the

traditional path and getting a

nine-to-five job well basically it's a

complete scam and that's what I want to

show you guys in this video is exactly

why going out and getting a nine-to-five

or going and getting into massive

amounts of debt getting a college degree

in most cases ends up being a complete

scam for people and I'm basically going

to show you guys what this looks like by

drawing it out in terms of your net

worth based on your age and for those of

you who are not familiar with net worth

I'm not surprised because this is not

something you typically learn in school

your net worth is basically how much of

value you have in terms of your assets

so if you take your assets and you

subtract out your liabilities or your

debts that's going to give you an idea

of your net worth and we're going to

look at the net worth over time of

following basically three different

options option number one I call the

poorly paid indentured servant which is

basically going out there leaving high

school and getting any job you can maybe

you're doing fast-food maybe you're a

mail carrier I don't know what it is but

it's a job with no prior education and

following that path option number two is

going to school getting a college

education and then entering the

workforce as a slightly higher paid

servant who is in the massive amount of

debt and then option number three is one

that a lot of people just do not have

exposure to based on the environment

based on the fact that you know you

don't learn about these different ways

of making money in school but this is

option number three which is the path

that I followed that I really wasn't

exposed to until I was about like I said

20 to 21 years old alright so first of

all we're gonna start off with option

number 1 which is the poorly paid

indentured servant which is basically

leaving high school and getting a job

well what is that going to look like

here on this chart basically it's going

to be a very gradually increasing line

now the advantage to this here is that

you're not in debt hopefully unless you

have you know credit card debt you at

least don't have student loans that

you're you know trying to get paid off

and so hopefully you're going to have a

growing net worth from day one now the

disadvantage to this is that these are

often the most undesirable jobs may be

doing fast-food or retail you're not

going to be paid a lot of money and

you're also what we call a commodity

your easy to replace and your employer

knows this and as a result oftentimes

you are not treated as well as you maybe

should be and it's just not a great work

environment so most people don't want to

end up in this option and so what they

do and what the education system pushes

people to do is follow option number two

which is to go out there get some form

of college education to hopefully get a

slightly better nine-to-five so let's

draw that one out now and see exactly

what that would look like so option

number two of being a slightly higher

paid servant that's in a massive amount

of debt it's actually going to look like

something like this so you're going to

actually start off with a negative net

worth here as you go into debt in order

to actually get hopefully a slightly

better nine-to-five you know once you

graduate so you're starting out your

early 20s here or you know your late

teenage years you know with tens of

thousands of dollars of debt in most

cases when you're getting that two-year

four-year six-year degree or maybe

you're going off and you know going to

be a lawyer or a doctor you know with

eight plus years of school nonetheless

once you finish school you have put

yourself in most cases into a serious

amount of debt but then you get a

slightly better job so that line

increases maybe at a slightly faster

rate and then you maybe end up somewhere

over here now what's interesting to me

is that most people will talk about

going out and getting a college

education they talk about how good of a

decision it is and how basically you're

an idiot if you just go out there and

get a job but if you actually look at

this here in terms of the net worth here

assuming that you know you don't have

crazy expenses and you are able to grow

your net worth you know you actually

didn't really make a good decision until

you have all of your debts paid off and

that's at this line right here when your

net worth finally starts to grow a

little bit

Esther then somebody who just went out

there and got a job because despite the

fact that you might be making sixty

seventy eighty thousand dollars versus

somebody who's making thirty or forty

maybe a little bit less you still need

to pay off all of those debts before you

start making more in having your net

worth grow because basically paying off

all those debts is going to be a massive

burden on you until you get that paid

down so that is option number two now a

lot of people you know don't like this

option for a number of reasons first of

all the biggest one in my opinion is

that you have to start off you know

twenty thirty thousand dollars in debt

just to dig yourself out of debt just to

eventually have a higher net worse than

somebody who just went out there and got

the first job that they could get their

hands on the other option why people

don't like this is because again the

jobs you are getting here are often not

the best jobs it all depends on what

you're passionate about if you're

passionate about accounting or

administrative work or HR or anything

like that maybe this is the path for you

but it's certainly not the path for

everybody and the disappointing thing to

me is that going through the traditional

education system these were the only two

paths that I saw now personally this is

what I did I was fortunate enough to

have some money from my grandfather to

go to a community college so I did not

spend a lot of money I spent about ten

thousand dollars in my entire college

education he reimbursed me for that and

so as a result I was able to start off

you know at least with a flat net worth

or slightly positive because I had some

savings so essentially I was a slightly

higher paid servant who didn't have any

debt so just a little bit better than

people here in option number two but I

learned very quickly that this was

actually not a path I wanted to go down

and it seemed like kind of a scam

because I wasn't able to have any time

freedom I didn't get pretty much any

vacation and even though I was making a

little bit more money than the average

person I found that because I was paying

higher taxes it was almost kind of

balancing itself out so that is what I

learned about option number three now

option number three it's not a set path

for everybody for a lot of people it's

what you call entrepreneurship but I

actually don't even really like that

label because of how much this has

change

in the recent years because of the

internet but the way I define this it's

taking risks of some kind learning from

your mistakes and eventually creating

something on your own now whether that's

a physical business or if it's some kind

of internet-based business that's all

based on what you decide but personally

I would always recommend some kind of

internet-based business because of the

nature of these businesses being you

know low expenses and something else I'd

like to think about too is think about

fifteen or twenty years ago if you

wanted to go out there and start a

business it would look something like

option number two here because you would

have to go out and put together a

business plan you'd have to go to the

bank and you'd have to get a loan and

then you'd have to lose money for the

first two years and then eventually

hopefully start to make money and end up

somewhere over here and that's just not

what entrepreneurship looks like anymore

today because of these internet-based

businesses that you can create so option

number three let's go ahead and draw

that out and see what that might look

like and this right here is why most

people don't follow option number three

they either don't know it exists at all

because they're only shown you know

option one and option two in school or

the other reason is because you don't

really make any money the first couple

of years in most cases so it starts out

flat like this and then it usually picks

up and goes up like that

if you're successful now are you going

to be successful with your first venture

probably not I've had a lot of failures

in the past you know dabbling around in

entrepreneurship or just creating

something myself but this is why people

often don't follow this path is because

it'll take you anywhere from I don't

know one to five maybe even longer years

to actually see some results

now with these internet-based businesses

it can be a lot quicker

my first ventures with making money

online you know I started making money

in a relatively short amount of time but

this is the only option that I see where

you can have this kind of exponential

growth of your net worth because

following option number one you're gonna

top out at a certain pay rate after a

period of time maybe you're going to get

incremental raises but odds are you know

once you account for inflation you're

basically being paid the same amount of

money and you have this linear growth of

your net worth option number two in

terms of your net worth you're still

just seeing that linear growth because

even though you are slightly higher paid

you are still probably gonna top out at

a certain pay rate for me with the job

that I had it was a pay rate of about

$100,000 per year which may sound like a

lot to you guys but it's actually not a

lot of money once you factor in your

taxes and any other expenses so for me

option number three was the only option

that made sense to me it's to create

something yourself and it's the only way

I've ever discovered out there that

could have that kind of exponential

growth curve when it comes to your net

worth and so what this was for me this

was going out there and creating a

YouTube channel in creating these

different online assets and ultimately

leveraging you know affiliate marketing

I know if you guys want to learn more

about my business I do have a completely

free ebook I put together it's basically

a blueprint I put together on how to

build an audience or build the following

online which is essentially what I've

done to have this kind of exponential

growth with my business so I'll go ahead

include that as the top link in the

description below if you guys are

interested and it kind of goes into more

detail here of you know what has this

been for me

that has grown my net worth

substantially that wasn't you know

following these other two options that

were laid out in front of me but anyways

guys that's gonna wrap up this video I

hope you enjoyed it let me know what you

think in the comments section below

about these three different options and

whether or not you've ever really heard

of you know anything like option number

three here which involves you know

taking some risk but eventually

hopefully having some kind of you know

exponential growth with your income or

your net worth but thank you guys so

much for watching this video I hope you

enjoyed it and I will see you in the

next one

#Best Education Page #Online Earning

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