Formal education will make you a living; self-education will make you a fortune.

What did Jim Rohn mean by:

Formal education will make you a living; self-education will make you a fortune.

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This quote emphasizes the distinction between formal education and self-education, and the different roles they play in shaping our lives and futures. Formal education, as the quote suggests, provides us with the necessary skills and knowledge to secure a job and earn a living. It sets a foundation of learning, equips us with the basic tools needed to function in society, and prepares us for a specific career path.

However, the quote implies that self-education is the key to amassing a fortune. This doesn’t solely refer to monetary wealth, but also to a wealth of knowledge, experiences, and personal growth. Self-education involves continuous learning and development beyond the confines of a classroom. It’s about seeking knowledge independently, learning from experiences, developing new skills, and constantly striving for improvement. It’s this kind of ongoing, self-motivated learning that leads to innovative ideas, entrepreneurial ventures, and ultimately, the creation of a ‘fortune’.

In today’s rapidly changing world, this idea is more relevant than ever. The rise of the internet and digital technologies has made self-education accessible to everyone. People can now learn virtually anything online, from coding to cooking, and use this knowledge to enhance their personal and professional lives. In the realm of personal development, self-education could mean reading widely, attending workshops or seminars, learning a new language or skill, or even traveling and learning from different cultures and experiences.

In essence, while formal education can provide a stable career, it’s the continuous process of self-education that leads to personal growth, innovation, and the creation of wealth in its many forms. It’s about adopting a lifelong learning mindset, staying curious, and constantly seeking to broaden our horizons.

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