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Interesting Stats on The Education and Earnings Connection

August 25, 2015 Leave a comment

 

Per the 2010 Help Wanted Report from the Center on Education and the Workforce…

► Having a high school diploma is worth about $569,000 more than being a dropout. 

► Having some college but no degree or a postsecondary certificate is worth about $473,000 more than a high school degree. 

► Having an Associate’s degree is worth about $15,000 more than some college but no degree. 

► Having a Master’s degree is worth $457,000 more than a Bachelor’s degree.

 

But… Innovative entrepreneurs generally beat these odds.


 

Dave Ramsey’s 20 Things the Wealthy Do Every Day

December 30, 2013 1 comment

If we really want to live better we have to do better. It’s all about our choices.timedayplan11

70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble.

80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this.

76% of wealthy exercise aerobically four days a week. 23% of poor do this.

63% of wealthy listen to audio books during commute to work vs. 5% of poor people.

81% of wealthy maintain a to-do list vs. 19% of poor.

63% of wealthy parents make their children read two or more non-fiction books a month vs. 3% of poor.

70% of wealthy parents make their children volunteer 10 hours or more a month vs. 3% of poor.

80% of wealthy make Happy Birthday calls vs. 11% of poor.

67% of wealthy write down their goals vs. 17% of poor.

88% of wealthy read 30 minutes or more each day for education or career reasons vs. 2% of poor.

6% of wealthy say what’s on their mind vs. 69% of poor.

79% of wealthy network five hours or more each month vs. 16% of poor.

67% of wealthy watch one hour or less of TV every day vs. 23% of poor.

6% of wealthy watch reality TV vs. 78% of poor.

44% of wealthy wake up three hours before work starts vs. 3% of poor.

74% of wealthy teach good daily success habits to their children vs. 1% of poor.

84% of wealthy believe good habits create opportunity luck vs. 4% of poor.

76% of wealthy believe bad habits create detrimental luck vs. 9% of poor.

86% of wealthy believe in lifelong educational self-improvement vs. 5% of poor.

86% of wealthy love to read vs. 26% of poor

Source: http://www.daveramsey.com/blog/20-things-the-rich-do-every-day

Categories: time management

How To Choose The Next Idea or Opportunity to Pursue

May 18, 2012 1 comment

CLF bulb in grass Provided by iStockphoto

I get so many ideas and opportunities that I’m constantly mentally weeding through them to determine which to do and when. Kenneth Manesse shared this video clip in our Christian Micro-Entrepreneur’s FaceBook group, and I enjoyed it so much I wanted to share it here as well.

One of the points Dr Shannon Reece makes in the video suggest the first step in determining whether to pursue a particular idea is to first ask: “Does this align with my (five) highest priorities?”  With this thought, I have taken time to identify my top five priorities I can use as my first line filter for weeding out opportunities and ideas to pursue.


These top five, in no particular order are:

  • Time – Will it completely take over my life?  Do I have time to commit to this? Is it worthwhile enough to eliminate something else from my schedule so I can pursue this one?
  • Christ-centered ethics and beliefs – Is there anything about this idea or opportunity that will conflict with my personal ethics and belief system?
  • Money – Will this idea generate money?  Will it pay for it’s self?  Will it make a profit?
  • Passion & Pathway – Does this idea or opportunity align with the institutions, industries, populations, and concepts I am most passionate about? Does this idea or opportunity help create and/or maintain the pathway I am currently journeying on?  Will it help me reach my goals? Does it keep me mobilized according to my purpose and God’s plan for my life?
  • Family & loved-ones – Will this idea and opportunity be something that is not only fulfilling for me, but also makes my family and loved ones happy to see prospering in my life?

These are my top five priorities, and I encourage you to create a list for yourself.  Having these points pre-determined will help keep you headed in the right direction when you need to make a quick decision.

So, what are your top five priorities? Don’t stop at only thinking about what these might be; document them, post them, and use them.