knowledge is the New Gold

Dear Destiny Friends,

In contemporary times, the world has come to the realization of a new type of education that is different from the formal knowledge we are exposed to. Ordinarily, there are two types of education: formal education and informal information. Formal education is the education we receive in the classroom which is well-structured while informal education is the education we receive from our parents, friends, peers, community, etc. This kind of knowledge is not structured.

But amidst this form of knowledge, there’s a new form of knowledge called personal development, which I call the new gold. To me, this is the highest form of knowledge. You may be wondering why I said, so. 

With other forms of knowledge, it’s either taught or acquired and earned with conscious and deliberate effort. But with the personal development knowledge, you are not only intentional in acquiring it, but you are also deliberate in acquiring the knowledge. This is because nobody is teaching you, neither are you learning indirectly from your parents or environment, but rather you have made a decision not to remain where you are. You decided it’s high time, you took your destiny into your hands.

With personal development knowledge, you go all out. You don’t wait for the information or knowledge to come to your doorstep, rather you step out of your comfort zone because you have the passion and interest in the industry. With this form of education, you’re able to create opportunities where there is none.

There are many examples of great people who have experienced this form of knowledge. For example, Abraham Lincoln, a lawyer, and former U.S. president who finished one year of formal schooling, self-taught himself trigonometry, and read on his own to become a lawyer; Andrew Carnegie, an industrialist, and philanthropist, and one of the first mega-billionaires in the US, who was an elementary school dropout; Andrew Jackson, former U.S. president, general, attorney, judge, congressman, who was home-schooled and became a practicing attorney by the age of 35; Justin Moskovitz, multi-millionaire co-founder of Facebook, who was a Harvard dropout. Mark Zuckerberg, also a co-founder of Facebook, dropped out of Harvard University.

Henry Ford, the billionaire founder of Ford Motor Company, did not attend college. Francois Pinault, the third-richest man in France quit high school in 1947 to work at his father’s lumber mill. One reason he quit school was because his classmates made fun of his poor background. Billy Joel once said, “If I’m not going to Columbia University, I’m going to Columbia Records and you don’t need a high school diploma over there.” He said this after learning he had fallen one credit short of his high school graduation requirement in 1967. The six-time Grammy Award winner has sold more than 150 million records worldwide.

Jay-Z (Shawn Carter) may have “99 problems,” but not having a high school diploma isn’t one. The American rapper, record producer, and entrepreneur is one of the most financially successful hip-hop artists in America. In May 2016, Forbes estimated Jay Z’s net worth at $610 million. He is one of the world’s best-selling artists of all time, having sold more than 100 million records while receiving 21 Grammy Awards for his musical works, as well as numerous additional nominations.

Carter grew up in one of Brooklyn’s roughest housing projects, dealing drugs before turning to hip hop. In 1995, Carter took his first single to Def Jam Records, the company he ended up running from 2004 until 2007. In 2008, he signed a 10-year, $150 million deal with Live Nation that gave him control over his records, tours, and endorsement deals with companies like Dell and Budweiser.

Richard Branson, Founder of Virgin Atlantic Airline is the son of a barrister and a flight attendant. He dropped out of Stowe School at age 16 to start an arts and culture magazine called Student. In 1970, at age 20, he founded a mail-order record retailer called Virgin. He later opened a record shop and recording studio, which became a retail chain, Virgin Records, and record company, Virgin Music. His Virgin Group empire now includes 200 companies in 30 countries, spanning airlines, music festivals, mobile companies, and other businesses. Today Branson owns two private Caribbean islands, Necker and Mosquito, and has an estimated net worth of $5.8 billion as of 2021, according to Forbes.

Do you notice anything about these successful people, they were all self-taught, they didn’t wait for anyone to give them an opportunity, rather they did what they have to do in order to acquire the kind of knowledge, wealth, or position they were aiming for. But the most interesting part of them is that they acquired knowledge which made a difference for them. That’s why I call personal development knowledge the new gold.

The truth is that knowledge is priceless. In philosophy, we are taught there are five types of knowledge;  Revealed knowledge, which is the type of knowledge that was revealed to those who wrote the Bible; Empirical knowledge, which is knowledge based on investigation, observation, experimentation or experience, as opposed to Theoretical knowledge, which is based on logical or mathematical assumptions; Rational knowledge, which is the kind of knowledge that is normally used in solving rational problems like logical reasoning; Authoritative knowledge, which is the knowledge one is normally exposed to due to the expertise a person has attained in a particular field of life, and Intuitive knowledge, which is the knowledge one gets from his innate nature which is devoid of reason or logic. It springs up spontaneously when you are faced with an unexpected situation like an accident or a crisis that needs a quick response.

Why am I saying this? When you spend your time acquiring knowledge, you are opening up yourself to new opportunities. The more you know, the more you earn, and the more you earn, the more you are respected. Do you see why knowledge is the new gold?

Acquiring this form of knowledge is not really hard, all that is necessary is for you to decide and then take action. With the advent of technology, knowledge is literally at our disposal. We can learn anything on YouTube, Instagram, Facebook, Linked In, Twitter, google plus, Pinterest, Udemy Skillshare Coursera EdX Udacity Pluralsight, etc. Despite the availability of these learning platforms, it’s quite unfortunate to see that many people have failed to take advantage of this learning opportunity to change their lives.

According to Anne Scavotto, Knowledge is power. Without a goal, it is only an idea. Without a plan, it is only information. Without implementation, it is only a resource for the future! We have a choice: to be complacent with our present situation or to be temporarily uncomfortable with the unknown and institute change in our lives! “

Even when we agree that knowledge is power, knowledge is information in the real sense, it is the application of this knowledge that gives you the power. If you know something, but don’t make a conscious effort to apply it, there will be no change.

In conclusion, I charge you today, to be intentional and deliberate in making a conscious effort to acquire knowledge, and information that will add value to your life. This type of knowledge must be the one that appeals to you. In order to acquire this knowledge, you can get mentors, coaches, or even peers who can play resourceful roles in this area because at the end of the day, knowledge is the new gold.

Henry Ukazu writes from New York. He’s a mindset coach and public speaker. He works with the New York City Department of Correction as the Legal Coordinator. He’s the author of the acclaimed book Design Your Destiny – Actualizing Your Birthright To Success and President of gloemi.com. He can be reached via info@gloemi.com

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