A THREAD on key ideas from the book "The End of Jobs: Money, Meaning & Freedom without the 9-to-5" by @TaylorPearsonMe:
1/
As technology and globalization continue to advance, the Middle Class is dying.
1/
As technology and globalization continue to advance, the Middle Class is dying.
2/
The social and technological inventions of the past one hundred years have brought us to the “End of Jobs” while making entrepreneurship safer, more accessible, and more profitable than ever.
The social and technological inventions of the past one hundred years have brought us to the “End of Jobs” while making entrepreneurship safer, more accessible, and more profitable than ever.
3/
We aren’t going through a global recession—we’re transitioning between two distinct economic periods.
We aren’t going through a global recession—we’re transitioning between two distinct economic periods.
4/
Jobs were safe in a world where more and more were being created and wages were increasing—which they were for most of the 20th century. Since around 1980, that hasn’t been the case.
Jobs were safe in a world where more and more were being created and wages were increasing—which they were for most of the 20th century. Since around 1980, that hasn’t been the case.
5/
Jobs not only limit the upside of intrinsic value by tying money to time—they also give up control.
We have no leverage beyond trading more time, which is our most valuable and only truly limited asset.
We lose control to react to market forces outside the scope of the job.
Jobs not only limit the upside of intrinsic value by tying money to time—they also give up control.
We have no leverage beyond trading more time, which is our most valuable and only truly limited asset.
We lose control to react to market forces outside the scope of the job.
6/
The biggest problem we’re dealing with today is the underutilization of individuals.
The most talented and ambitious young people, when they feel under-utilized in the jobs, shrink to fit their position.
The biggest problem we’re dealing with today is the underutilization of individuals.
The most talented and ambitious young people, when they feel under-utilized in the jobs, shrink to fit their position.
7/
The same technologies, machines, and globalization that have increased your competition in the job market have been a boon to entrepreneurs.
It’s easier and cheaper than ever to make something and tell people about it.
The same technologies, machines, and globalization that have increased your competition in the job market have been a boon to entrepreneurs.
It’s easier and cheaper than ever to make something and tell people about it.
8/
For the first time in history, we've reached a point where humans' natural drive to strive and grow by working on interesting problems aligns with what the market demands.
It's not only in congruence with fundamental human drives -- it's more economically valuable.
For the first time in history, we've reached a point where humans' natural drive to strive and grow by working on interesting problems aligns with what the market demands.
It's not only in congruence with fundamental human drives -- it's more economically valuable.
9/
Whether you choose to fight the changes or embrace them is up to you.
The opportunity won’t last forever.
Whether you choose to fight the changes or embrace them is up to you.
The opportunity won’t last forever.
10/
While our first instinct is usually attempting to push harder, it’s more valuable to figure out where to push.
While our first instinct is usually attempting to push harder, it’s more valuable to figure out where to push.
11/
Entrepreneurship is connecting, creating, and inventing systems—be they businesses, people, ideas, or processes.
A job is the act of following the operating system someone else created.
Entrepreneurship is connecting, creating, and inventing systems—be they businesses, people, ideas, or processes.
A job is the act of following the operating system someone else created.
12/
If you do things that are safe but feel risky, you gain a significant advantage in the marketplace.
If you do things that are safe but feel risky, you gain a significant advantage in the marketplace.
13/
A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind loving diagnosis involving multiple variables...
A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind loving diagnosis involving multiple variables...
...And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.
14/
If we think of the great contributions made to human society, they were all made by people that were free to do whatever they wanted, but used the freedom to create.
Vincent Van Gogh wasn’t obligated to paint; he freely chose it...
If we think of the great contributions made to human society, they were all made by people that were free to do whatever they wanted, but used the freedom to create.
Vincent Van Gogh wasn’t obligated to paint; he freely chose it...
...Imagine someone telling Steve Jobs that he had to design a new phone.
Given that sense of obligation, he likely would have just made a slightly better Blackberry.
Given that sense of obligation, he likely would have just made a slightly better Blackberry.
15/
There is only one success—to be able to spend your life in your own way.
There is only one success—to be able to spend your life in your own way.
16/
Freedom and meaning aren’t something to be put off until after you’re rich—they help you get rich.
Yet our behavior and thinking about how money works, and how to get rich, are still based on an antiquated worldview.
Freedom and meaning aren’t something to be put off until after you’re rich—they help you get rich.
Yet our behavior and thinking about how money works, and how to get rich, are still based on an antiquated worldview.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
