Wednesday, October 17, 2007

Seven Years to Seven Figures, Book Review Part II

Okay, I finished the book "Seven Years to Seven Figures", which I mentioned in this post earlier this week. It was below par, for me, with a little info to take away with, but not worth spending a huge amount of time on.

I am not a fan of writers who think that they are making something look easy and applicable to all people, regardless of career, age level, investing style, etc. This guy falls in that category. I did mention the similarities to Dave Ramsey, but overall, don't waste your time on this book - unless you are a marketing genius, interested in starting your own business on marketing or advertising, or a copywriter (or interested in becoming one). Otherwise, nope, nada.

Most people don't understand how salaries work for teachers. The old "just work harder and you'll get a raise" stuff doesn't work. The wonders (roll eyes) of unions means that I make just as much as someone else with my same education/training (master's degree) and years of experience (10) - no matter what value I add to the district versus what they add to the district. So, I am the best teacher I can be, doing extra, dept chair, going to workshops, working with the state, reading up on new ideas, etc. I make the same exact amount of money as someone who shows up late, makes their kids do questions out of the book and stay silent all hour, shows up a minute before the 1st hour bell, and is out the door the second after the last bell.

In other words, there is no incentive to do better.

And...people wonder why some teachers get burnt out and lose touch...? There is no incentive to do otherwise.

I teach, life is all about incentives.

But..hmm...this was supposed to be about that book...Okay, here's the tie. People like this author say that you should just work harder and get paid more - it doesn't work that way in education. I can work outside of school at a second job, sure. I can tutor, I can write curriculum, I can market myself to other districts, etc. But I will not advance further in this job without (1) more education, and/or (2) more years of experience. That's it.

Okay. Off my soapbox.

The second part of the book was a series of people he interviewed about how they made their first million. It was interesting, although I skimmed through a lot because I'm not into marketing, etc (other than for my sewing stuff). And at the end, he does try to pull it all together.

If you are in business, or want to be - this could be interesting. I'll stick with Dave Ramsey, because he is really open to all types of people - and realizes that people lead different lives. That's what's best about him. And why I keep coming back.

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