Originally Posted by gettoasty
But most people do not have a successful family business that you seem to have yourself
I think this thread is about the underprivileged trying to work their life to become that 1%
Not going to happen. Maybe 1 or 2 generations after you...
Something a TA said still sticks with me, "After I finish the MBA program, I'll be happy making 100k...it's not a lot, and it's not too little."
The way he spoke and carried himself at that moment, I understood what he meant.
Living off of a 100k salary is all relative I understand...seems like chump change to many.
Dude, the 1% is nearly unachievable for anyone in any generation. You're talking about the multi billionaires. There are millionaires who don't even consider themselves as affluent.
To live a lifestyle that is portrayed on StyleForum, $100K is far from enough to get you that nice house, a Porsche, bespoke suits, the expensive timepieces, etc. Some of my friends are at $80-90K bracket now in the late 20s and they're just doing OK. But again, I'm in SoCal and not say, the Mid-West, where homes are a lot more affordable.
BTW dude, this is just from me to you...if you're unemployed now, I hope you're using the time to your benefit and picking up internships or keeping occupied by doing something productive like reading books or something of that nature. If I can go back to my bored summers of doing nothing except surfing the web and my part time job, I would tell myself to get internships. I wish I can do more now, but time just doesn't permit.
Originally Posted by Lord-Barrington
I went to a middling state school and I've always felt good about my education. I did well and really enjoyed it and my professional life hasn't suffered at all from it. The business world is very much interested in what you can DO for a business (generate revenue, improve processes, etc.) not where you studied ten years ago. If you can deliver results, people will rarely care.
Your education is only a part of you. You should never feel inferior or superior to anyone just because of it.
I know nothing of you, except I read your posts on several occasions in this sub section. You've always gave off an impression of a very educated individual. Thanks for your input.
I didn't quote your latter post, but I agree. Throughout high school, my GPA was always around 3.2-4.0 and I didn't have to work for it much. When I have my kids, I would definitely have them tutored, learn a 2nd language, etc.
Even after I got my BS, I felt that my writing skill was mediocre at best, I mean I did graduate in a science field and we don't write stuff! Haha. The time and effort I put into the GRE and GMAT helped out in more ways than I thought. Going beyond the exams themselves, I was taught to be a better writer, although I'm always trying to improve.
I used to be a big car hobbyist, well still am but to a lesser extent. I always used this analogy: Having a degree from a high ranking school makes you look impressive and may intimidate others, sort of like a Ferrari would at a stop light filled with regular cars.
BTW I'm surprised at how many replies this thread got. It seems that most who are posting now are interested in voicing their opinion, and not just post for posting.