American Dream

The fellow believed in hard work, thrift and had faith that he would succeed.

I wouldn't have wasted a minute of my time disproving some academic point. I would have used my college degree, connections and anything else I had to succeed as best as possible.

To keep this on topic I suppose I should mention that this is an example of wealth following the production of goods and services.

Cheers

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wrote

What bothers me about the report is that it seems to ignore that the guy still had a big leg up by virtue of his college experience. Namely, his education gave him better communication and logic skills, and so more savvy in general. What was he going to do, in this little exercise, pretend his reading skills were poor? Actually only read every other statement of contracts to show he was dumbed down and so competing on a level playing field? No way can he be compared to the typical non-college graduate with $25 in his/her pocket.

It's still a good tale, but I would add a caveat or two. Maybe the book actually does.

Lastly, he wrote the book. You better believe he used his college skills to come up with this little plan, this book that is his million dollar baby. I congratulate him more on being a writing entrepreneur!

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I think the fellow demonstrated to those who have no college education, that success is possible. So many people are bemoaning the fact that they can't get anywhere, nor accumulate any savings, when earning a pittance; this shows those naysayers that it is possible. And, of course, he has used his college degree to write and publish a book.

Elizabeth Richardson

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If you're interested in picking up a free copy of his book, GetRichSlowly did an interview with him, in which he (Adam Shepard, the author) told GRS's readers NOT to buy his book, but rather email him and he'll give you a copy on PDF for free. Here's the link :

Okay, back on topic now.

Mike

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This guy was trying to counter a best-seller written by a middle-age lady entered the minimum-wage blue collar world and saw lots of suffering. (Ehrenfast Nickle and Dime) I'd contend an educated young iman n his 20s, even from a minority group, has more opportunity than a middle-age lady. he was able to start a business that depended on physical strength- a moving company.

Still I know plenty of middle-age women who have created succesful enterprises. Plus the author's claim that America is land of opportunity still holds. You may have to try and fail many times. And you cant get locked into the negative victim-mentality that it is impossible to succeed.

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So, why can't a woman start a moving company? She can hire workers just as well as a man can hire workers. And why not use carts and lift gates to avoid having to use so much physical strength? In the long run, that is going to save on injuries, insurance, and perhaps workers comp. Any job can be made better by thinking smarter.

-john-

I haven't read the book, nor do I intend to do so. What I got from the interview is much of what is expressed here, especially by Skip Weldon and John Weeks: live below your means and don't spend your money foolishly.

Elizabeth Richardson

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I haven't read this book but some friends were talking about it over the weekend. He apparently stopped his one-year experiment after 10 months because of an illness in the family - by that point he'd accumulated some money and bought a pickup. Someone pointed out that arguably, that was when his experiment really began, because a life disruption like an illness in the family is exactly the kind of thing that knocks down someone who is just scraping by, on the brink of the poverty level.

-Tad

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Maybe the moderators should encourage people to proof-read and verify information before posting. It would have taken ten seconds here. The author and book are

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