Post by bounce on Dec 13, 2007 14:53:23 GMT -8
I have been shitting all over the idea of getting a PhD. I have called many different "Professional" career fields "worthless." I have laughed at morons who consider themselves "experts."
So, all that being the case, what do I suggest people do?
Go to The Bounce School of Capitalism. Here is the curriculum:
HIGH SCHOOL DIPLOMA: If you want a HS Diploma from The Bounce School of Capitalism you must read The Richest Man in Babylon and employ the lessons learned in that book in your life. You must become completely free of ALL CONSUMER DEBT and remain that way. That includes car payments, credit card payments and payments on ANY OTHER kind of consumer debt. You can still have a house payment at this stage, however. You must also read Rich Dad Poor Dad and master the concepts of Asset acquisition (although you don't have to actually acquire one at this stage).
Bachelor Degree: To earn a Bachelor Degree from The Bounce School of Capitalism you must continue to meet the requirements of the HS Diploma and acquire a million dollars or more in "equity" in Assets that pay you a NET MONTHLY PAYMENT of at least $10,000. You must have paid off your house completely and have NO MORTGAGE. However, you can keep a "Line of Credit" on the house for use in acquiring instant cash to purchase assets that become available on the spur of the moment.
This degree should take you significantly LESS TIME AND EFFORT than a typical four-year degree would take to obtain. You must read all of Robert Kiyosaki's and Robert Allen's works and master their concepts.
Master's Degree: To qualify for a Master's Degree from The Bounce School of Capitalism you must continue to meet the requirements of the HS Diploma and BS Degree AND acquire a net worth of $5 million of equity in assets AND have a NET monthly income of at least $20,000.
No additional reading is required because you already know MORE than enough to get this done.
Because you have Mastered the concepts of "good and bad debt" you get a Magna cum Laude if you have been in at least $4,000,000 worth of debt at least ONCE in this process (although you don't have to STAY in debt).
PhD: Now THIS PhD is one worth having. To qualify for the PhD in The Bounce School of Capitalism you must have a net worth exceeding $10,000,000 and a NET yearly cash-flow exceeding one million dollars and write at least ONE BOOK on the subject of how you did it for your fellow classmates. To demonstrate your skill and ability at handling debt, you must have acquired at least $5,000,000 worth of debt at least ONCE in acquiring these assets.
I am still working on the PhD myself.
What remains unsaid is what kind of capitalist you have to become to get all this done. I leave that up to you because there are an infinite number of ways to do it.
Can you figure out a way to service enough people to achieve these goals?
So, all that being the case, what do I suggest people do?
Go to The Bounce School of Capitalism. Here is the curriculum:
HIGH SCHOOL DIPLOMA: If you want a HS Diploma from The Bounce School of Capitalism you must read The Richest Man in Babylon and employ the lessons learned in that book in your life. You must become completely free of ALL CONSUMER DEBT and remain that way. That includes car payments, credit card payments and payments on ANY OTHER kind of consumer debt. You can still have a house payment at this stage, however. You must also read Rich Dad Poor Dad and master the concepts of Asset acquisition (although you don't have to actually acquire one at this stage).
Bachelor Degree: To earn a Bachelor Degree from The Bounce School of Capitalism you must continue to meet the requirements of the HS Diploma and acquire a million dollars or more in "equity" in Assets that pay you a NET MONTHLY PAYMENT of at least $10,000. You must have paid off your house completely and have NO MORTGAGE. However, you can keep a "Line of Credit" on the house for use in acquiring instant cash to purchase assets that become available on the spur of the moment.
This degree should take you significantly LESS TIME AND EFFORT than a typical four-year degree would take to obtain. You must read all of Robert Kiyosaki's and Robert Allen's works and master their concepts.
Master's Degree: To qualify for a Master's Degree from The Bounce School of Capitalism you must continue to meet the requirements of the HS Diploma and BS Degree AND acquire a net worth of $5 million of equity in assets AND have a NET monthly income of at least $20,000.
No additional reading is required because you already know MORE than enough to get this done.
Because you have Mastered the concepts of "good and bad debt" you get a Magna cum Laude if you have been in at least $4,000,000 worth of debt at least ONCE in this process (although you don't have to STAY in debt).
PhD: Now THIS PhD is one worth having. To qualify for the PhD in The Bounce School of Capitalism you must have a net worth exceeding $10,000,000 and a NET yearly cash-flow exceeding one million dollars and write at least ONE BOOK on the subject of how you did it for your fellow classmates. To demonstrate your skill and ability at handling debt, you must have acquired at least $5,000,000 worth of debt at least ONCE in acquiring these assets.
I am still working on the PhD myself.
What remains unsaid is what kind of capitalist you have to become to get all this done. I leave that up to you because there are an infinite number of ways to do it.
Can you figure out a way to service enough people to achieve these goals?