whitehursti

@@@@@My rich dad, on the other hand, spent his life doing his best to keep his companies from becoming unionizedAlthough the unions came close, rich dad was always able to fight them off Personally, I take no sides because I can see the need for and the benefits of both sidesIf you do as school recommends, become highly specialized, then seek union protectionFor example, had I continued on with my flying career, I would have sought a company that had a strong pilots unionWhy? Because my life would be dedicated to learn a skill that was valuable in only one industryIf I were pushed out of that industry, my life's skills would not be as valuable to another industryA displaced senior pilot-with 100,000 hours of heavy airline transport time, earning $150,000 a year-would have a hard time finding an equivalent high-paying job in school teachingThe skills do not necessarily transfer from industry to industry, because the skills the pilots are paid for in the airline industry are not as important in, say, the school systemThe same is true even for doctors todayWith all the changes in medicine, many medical specialists are needing to conform to medical organizations such as HMO'sSchoolteachers definitely need to be union membersToday in America, the teachers union is the largest and the richest labor union of allThe NEA, National Education Association, has tremendous political cloutTeachers need the protection of their union because their skills are also of limited value to an industry outside of educationSo the rule of thumb is, "Highly specialized, then unionize It's the smart thing to doWhen I ask the classes I teach, "How many of you can cook a better hamburger than McDonald's?" almost all the students raise their handsI then ask, "So if most of you can cook a better hamburger, how come McDonald's makes more money than you?" The answer is obvious: McDonald's is excellent at business systemsThe reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systemsA friend of mine in Hawaii is a great artistHe makes a sizable amount of moneyOne day his mother's attorney called to tell him that she had left him $35,000That is what was left of her estate after the attorney and the government took their shares Immediately, he saw an opportunity to increase his business by using some of this money to advert