The difference between education and know-how is that one you pay for, the other you charge for.
This quote highlights the distinction between education and know-how. Education refers to formal learning that one typically pays for, such as going to school or university. It involves acquiring theoretical knowledge about various subjects. conversely, know-how pertains to practical skills or expertise gained through experience, which is usually not paid for but rather learned over time and frequently enough on-the-job.
The value of this practical knowledge is frequently enough underestimated in a society that places high regard on formal education.though, it’s the know-how that people are willing to pay for as it directly contributes to problem-solving or achieving specific outcomes in real-world situations.Applying this idea in today’s world could meen focusing more on gaining practical skills and experiences rather than solely relying on formal education. In an increasingly competitive job market,employers value employees who can apply their knowledge practically to solve problems and deliver results.
in terms of personal progress,this quote could encourage individuals to seek out experiences that build their know-how instead of solely focusing on academic achievements. This could include internships, volunteering work, part-time jobs or pursuing hobbies seriously – any activity where you learn by doing and gain practical skills relevant in real-world situations.
In essence, while formal education lays a foundation of theoretical understanding about various subjects; it’s the submission of this knowledge -the ‘know how’- that holds tangible value in our society.
