Berdel Warrior Squaw Valley, CA, USA
Personal Experiences or Observations
The Fourth Step toward Riches
There are two kinds of knowledge. One is general, the other is specialized. General knowledge, no matter how great in quantity or variety it may be, is of But little use in the accumulation of money. Most of the professors have but little or no money. They specialize on teaching knowledge, but they do not specialize on the organization, or the use of knowledge.
Most people don't realize that KNOWLEDGE will not attract money, unless it is organized, and intelligently directed, through practical PLANS OF ACTION, to the DEFINITE END of accumulation of money. According to Mr. Hill, lack of understanding of this fact has been the source of confusion to millions of people who falsely believe that "Knowledge is power." Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of actions, and directed to a definite end.
In today education systems they missed this fact and fail to teach their students HOW TO ORGANIZE AND USE KNOWLEDGE AFTER THEY ACQUIRE IT. Many people make the mistake of assuming that, because Henry Ford had but little "schooling," he is not a man of "education." Most people that made the mistake of saying that Mr. Ford was not educate don't understand the meaning of the word "educate" which means to educe, to draw out, to DEVELOP FROM WITHIN.
An educated man is not, necessarily, one who has an abundance of general or specialized knowledge. An educated man is one who has so developed the faculties of this mind that he may acquire anything he wants, or its equivalent, without violating the right of others.
Technology has increased in today world, so we don't have to clutter up our mind with general knowledge, for the purpose of being able to answer questions. We have many search engines on the internet to find the answer to any question. Keep in mind that any man is educated who knows where to get knowledge when he need it, and how to organize that knowledge into definite plans of action.
Men sometimes go through life suffering from "inferiority complexes," because they are not mane of "education." The man who can organize and direct a "Master Mind" group of men wo possess knowledge useful in accumulation of money, is just as much a man of education as any man in the group. REMEMBER THIS, if you suffer from a feeling of inferiority, because your schooling has been limited.
Thomas A. Edison has only three months of "schooling" during his entire life. He did not lack education, neither did he dire poor. Henry Ford has less than a sixth grade "schooling" but he has managed to do pretty well by himself, financially. SPECIALIZED KNOWLEDGE is among the most plentiful, and the cheapest forms of service which may be had! First of all, decide the sort of specialized knowledge you require, and the purpose for which it is needed. As knowledge is acquired it must be organized and put into use, for a definite purpose, through practical plans.
Knowledge has no value except that which can be gained from its application toward some worthy end. This is one reason why college degrees are not valued more highly.
Successful men, in all calling, never stop acquiring specialized knowledge related to their major purpose, business, or profession.
Specialized knowledge, plus imagination, were the ingredients that sent into this unique and successful business.
Love & Light,