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@DavidKnott
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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