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The 5-Hour Rule #3 - Knowledge Is The New Money

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Manage episode 288328491 series 2900175
Content provided by Michael Simmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Simmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the last two lessons, I talked about two “mega-trends” that are fundamentally changing your life:

  • The Acceleration Shock: The world is changing 2x faster every 10 years, which means that lifespan of companies are shrinking, and professionals risk falling behind to competition and getting automated out of jobs
  • The Great Digitization: More and more people, things, processes are moving online, which means you’re now competing against the best in the world, instead of just the best in your local area

In other words, it’s become more urgent than ever to learn faster and better — so that you succeed in the new world we’re in now.

In this lesson, I will talk about the third and final “mega-trend”, specifically how it has made previously expensive products and services cheap or even free… and how it has made knowledge a lot more valuable — to the point that companies would pay $10 million per skilled worker...

  continue reading

17 episodes

Artwork
iconShare
 
Manage episode 288328491 series 2900175
Content provided by Michael Simmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Simmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the last two lessons, I talked about two “mega-trends” that are fundamentally changing your life:

  • The Acceleration Shock: The world is changing 2x faster every 10 years, which means that lifespan of companies are shrinking, and professionals risk falling behind to competition and getting automated out of jobs
  • The Great Digitization: More and more people, things, processes are moving online, which means you’re now competing against the best in the world, instead of just the best in your local area

In other words, it’s become more urgent than ever to learn faster and better — so that you succeed in the new world we’re in now.

In this lesson, I will talk about the third and final “mega-trend”, specifically how it has made previously expensive products and services cheap or even free… and how it has made knowledge a lot more valuable — to the point that companies would pay $10 million per skilled worker...

  continue reading

17 episodes

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