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  • From the 1750s to 1950s, we enter the Industrial Age, Industrial Revolution.

  • Something happens. Something happened. This is the first time in history,

  • there are people who were born poor, could be rich. First time in history, people who were

  • born poor with no land but they created something that made them rich. In the

  • Industrial Age machines equals wealth do more and more of the hard work thousands

  • of years in the Industrial Age and now we're transitioning Industrial Age all

  • the farmers who were peasants farmers they have a little shack to live in

  • right that's how it works the industry the industrial tycoons and they say to

  • the farmers hey instead of working every day seven days a week 14 15 16 hours

  • every day come work in my factory you only work five days a week only 9:00

  • to 5:00 you can take the weekends more than that

  • if you do that you come don't work in the farms come work in my factory by the

  • time you get to 65 I would take care of you now think about it if you were a

  • farmer working all your life under the Sun seven days a week someone comes

  • along make you this offer what would you say say sign me up let's do it sign me

  • up and then your life is about to change forever

  • and back then Rockefeller Carnegie Henry Ford JP Morgan they became the richest

  • people in the world because they created machines to make mass production

  • possible and what happens is this in the first time in history a new class of

  • people was born that's the middle class for the first time in history now people

  • have extra time they have extra income because before working every day nothing

  • to do now they've got weekends and they've got to do something with that

  • extra time extra income so maybe they'll go away little bit take a little

  • vacation so now not two classes you have what the poor you have the middle class

  • and then you have the rich another thing that was born a new revolutionary

  • concept was born and that is called retirement retirement was born out of

  • the Industrial Age I'm gonna work at this job 95 for 40 years if it's good

  • I'm gonna retire that's the concept from the Industrial Age and what happens is

  • this you go home and you talk to your family so imagine Joe working in a

  • factory right one day the manager comes to Joe and say hey Joe

  • you are doing a very good job in the factory doing things you're productive

  • he's what we gonna do the manager tells Joe why don't I send you back to school

  • get some education if you do that you come back

  • I'm gonna give you a great choice like yeah of course you would Joe working in

  • a factory manager comes to say get some couple years education I'm gonna give

  • you a pay raise so you don't need to work in the factory I know you gonna

  • Incept work in the factory you're gonna manage the people work in

  • the factory so Joe comes home sitting down with the kids hey kids you know the

  • boss comes to me today and he said if I go to school for a couple years and then

  • I go back there I don't need to work in the dirty factory anymore I'm gonna get

  • a raise we're gonna make more money until tells all the kids kids if you

  • don't walk one to work in the factory like I did what do you need to do you

  • got to go to school the children are quiet cry oh baby you got to get good

  • grades so don't need to like what can i factor like your dad did these boys are

  • spiking the kids like okay dad I get it I'm mature go to school okay good grades

  • it's working it's now managing the people who works the machines couple

  • years later the manager goes to Joe Hey Joe you doing such a phenomenal job tell

  • you what why don't you go back to school for two more years get an MBA then you

  • don't even need to manage the people who manage the machine you'll manage the

  • people who manage the people who manage the machine and I'm gonna pay your stub

  • on what you're making like it's always like what is he gonna say sign me up I

  • went back to school for two more years graduated now I have that piece of paper

  • now Joe's making twice as much managing the people who manage the people who

  • manage his machine and Joe goes back and sits down with the kids at the inner

  • table again

  • you know what not you don't just go to school for four years go to school for

  • six years you don't even need to manage the people who manage a machine you can

  • skip that shit just go right up to middle management you can skip all of

  • that does that sound familiar that's where the concept was born from the

  • Industrial Age at a time the key to success in the Industrial Age was

  • traditional education if you don't have a good job you won't succeed and a

  • really good job it's you're running the people who are running the people who

  • are running machines that's a very good job you work forty years five days a

  • week we tired they take care of you does that work for most people anymore most

  • people struggle financially but it down because they're trying to create wealth

  • with an idea that was created from the Industrial Age in the 1950s

  • we're in the 21st century from the nine your family is feeding your idea they're

  • giving you the formula for success from 1950s and you wonder why they struggle

  • and they think let me if one job is not enough if the formula doesn't work what

  • do I do I get a say if that is not enough I get a third jobs not only they

  • don't get ahead they get behind they get left behind

  • you

From the 1750s to 1950s, we enter the Industrial Age, Industrial Revolution.

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