Created
October 24, 2016 20:05
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Skills that Change Lives | |
Intro: Everyone wants to be able to make a better life for themselves | |
Claim: English is to developing countries what coding is within the U.S. | |
Facts: | |
Those who know english have a higher standard of living and those who know | |
Causation is hard to prove because while those who know english make more money it is also likely that those with money invest in english | |
As countries develop they go from agricultural to industrial to service based economies | |
Services based economies have the most interpersonal interactions and knowing a common language greatly reduces transaction costs | |
English is the first step to learning anything for almost no money | |
Real life examples: | |
Someone with no skills who doesn’t know english works for minimum wage which is 8 dollars a day working 7 days a week 10 hours a day | |
Someone with no skills but who has decent english can work in the services industry | |
Meet my friends: | |
English Teacher - gets paid for 1 hours of work what many workers make in a day, $8 | |
Web Developer - english and coding can get you a job almost anywhere in the world and make *7 times the minimum wage in Colombia | |
Conclusion: | |
The importance of english and coding may change 100 years from now but the mindset of recognizing | |
the specific skillets that will fast track your road to success will always be relevant. |
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