Page 5 - August 2022
P. 5

Similarly, other Americans who      The author of Becoming Seriously   deliver extraordinary insights
        were either working class or poor   Wealthy, John Bowen stated,          and opportunities.”
        such as Jack Welch, former CEO of   “The self-made, super rich will        Years ago, I heard if one wants to
        Westinghouse and Thomas Sowell,     masterfully develop and leverage     be wealthy or successful, one must
        American economist who became       both expansive and nodal networks…   associate with wealthy or successful
        wealthy because of their ability to see   have many casual professional   people. This may explain all the
        opportunities instead of limitations.   relationships…their nodal network   informal business and networking
           The question that begs to be asked   will be strategically designed to   conducted on the golf course.
        is how did these individuals see
        beyond their own limitations and look
        for opportunities?
           Self-education is the driving
        force.  When one directs his/her
        focus to expanding one’s knowledge
        utilizing self-initiative, wonderful
        opportunities are presented.
           The adage states learning is
        power. Although true, the actual
        power is in application of knowledge.
        One should take what they learned
        and apply it as Carnegie did with
        business or Lincoln with law.
           For example, many professions
        that require a license have required
        continuing education classes or what
        some may call CEUs. In Arizona,
        the requirement for real estate
        agents is 24 hours of CEUs every 24
        months. Texas requires 18 hours of
        CEUs every 2 years. A quick check
        of financial advisors indicates 30
        hours of CEUs within each required
        reporting period is needed.
           Today with information changing
        almost second by second, with organi-
        zations changing their requirements,
        with local to national governmental
        departments changing everything
        from building codes to interstate laws,
        staying abreast of what is happening
        is essential to seize opportunities. Not
        staying abreast of new information
        creates limitations for expanding one’s
        small business or individual practice.
           Learning extends beyond attending
        a CEU class or reading a book.
        Research indicates 70% of all learning
        is informal, which means we learn
        more from each other. During any
        economic time, especially downturns,
        expanding one’s business to business
        or business to consumer networking
        is essential. Meeting other individuals
        provides an opportunity for personal
        connection and trust, which is a
        strong building block for success.

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