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The Education of Millionaires: It's Not What You Think and It's Not Too Late The Education of Millionaires: It's Not What You Think and It's Not Too Late by Michael Ellsberg
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“The amount of money you earn is the measure of the value that others place on your contribution…. To increase the value of the money you are getting out, you must increase the value of the work that you are putting in. To earn more money, you must add more value.”6”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“Leadership is like a fountain. Imagine the leaders are the water near the top, ready to burst out of the fountain. The water about to burst out is being pushed up by water below it. If you want to succeed, find leaders who are doing amazing things in the world, and push them up. Find powerful people and help them reach their goals. If you’re of service to them, they will be of service back.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“The Art of Earning a Living requires a great deal of self-inquiry into what, exactly, the difference you want to make is, and also a lot of creative, entrepreneurial problem solving to figure out how you could make decent money while making that difference.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“Ken Robinson Says Schools Kill Creativity” (which became one of TED.com’s most downloaded talks ever),”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“The Art of Earning a Living is the art of finding creative ways of bringing the spheres of money and meaning together and making them overlap significantly.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“In my experience, the skill of success breaks down into three things. The skill of marketing. The skill of sales. And the skill of leadership.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“Under the contributor mind-set you receive money as payment for your social service. The money you earn is society's way of saying: 'In exchange for your valued contribution, you are hereby granted the right to extract equivalent value from society at a time of your choosing.”
Michael Ellsberg, The Education of Millionaires: It's Not What You Think and It's Not Too Late
“Well, if there are other people doing well in your industry, and you’re not, there’s nothing wrong with the business you’re in, there’s something wrong with you.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“The two biggest forms of connection capital are (a) your already-existing connections and (b) your ability to give good advice.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“... you're not going to create anything better for yourself unless you make a fundamental shift: from viewing yourself as a passive follower of paths other people set out for you ...”
Michael Ellsberg, The Education of Millionaires: It's Not What You Think and It's Not Too Late
“Here’s a little problem with that plan: the vast majority of jobs are not filled through cold resumes coming in advertisements. Do a little googling on the term “hidden job market.” The hidden job market (also called the “unpublicized job market” or the “unadvertised job market”) comprises all jobs that are not listed publicly or filled through means such as employment ads, job boards, or career fairs. Published estimates typically place the hidden job market at 70 percent to 95 percent of all jobs filled at all levels. In an article published on MSNBC.com, Steven Rothberg, founder of CollegeRecruiter.com, says, “[a]bout 90 percent of job openings go unadvertised, yet about 90 percent of candidates apply only to advertised job openings.”10 Let’s say the correct figure for the unpublicized job market is 80 percent. How are those “hidden” jobs being filled? Primarily through networking and referrals.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful
“One characteristic of a lot of entrepreneurs is that they’re relatively unemployable. I don’t think I was the best employee at CNET, honestly. I was really focused on my own projects, really into WordPress.”
Michael Ellsberg, The Education of Millionaires: Everything You Won't Learn in College About How to Be Successful