10 Life Skills I Wish I Was Taught In School

A 🧵
1/ Budgeting

Learning how to track & plan your income & expenses is crucial

I wish I took a class that simulates different phases of life & various income/expense scenarios
2/ Entrepreneurship

I wish I took a class where the goal was to make $1,000 by the end of the semester

Light on lectures — heavy on taking action

A class like this would have taught me so much about how businesses actually work
3/ Habits

You are what you repeatedly do

I wish I took a class where we had to

1⃣Form a new good habit
2⃣Break a bad habit

The class would present tips, tricks, & discussion about how habits are formed and how to change them
4/ Investing

$100/month invested in the stock market for 40 years will make you rich

If I was taught this when I was 10, I would have started investing sooner
5/ Networking & Relationship Building

I wish I took a class that forced me to interview 5 people that I didn’t know but admired

Learning how to expand & maintain your network of friends & business associates is critical
6/ Negotiating

I wish I had a class where I had to write a paper on any subject of my choosing

but I was given an automatic “D”

and I could only get a higher grade by negotiating with my teacher on why I deserved it
7/ Marketing

I wish I took a class where I marketed school events to the community

Ex: Promote our school’s next basketball game

Learn to create flyers, put them in strategic places, and you were graded by many people attended the events
8 / Psychology & Decision Making

I wish I was taught about all of the ways that humans are bad decision-makers

It would have been eye-opening to go through historical examples of good and bad decisions, why they were made, and their outcomes
9/ Sales & Influence

Learning how to change other people’s mind is a critical life skill

I wish I took a class where we were all given items to sell and were then judged by how much we actually sold would have been great training

Maybe partner with the local Boy/Girl Scouts?
10/ Succinct Writing

Rather than a 5-page paper being the minimum

I wish I took a class where 250 words was the maximum

and we learned various techniques to make your point quickly
If you enjoyed this thread, you may enjoy my other threads

Here is a list of all the other threads that I’ve written

I regularly tweet about money, investing, and self-improvement

If those topics interest you, follow me @brianferoldi
If you want to learn more about how to invest

I teach beginners how to researching stocks on my YouTube Channel

youtube.com/c/brianferoldi…
These 10 Twitter accounts can help you learn more about mastering these critical life skills

1. Budgeting @TheBudgetnista
2. Entrepreneurship @sweatystartup
3. Habits @jamesclear
4. Investing @themotleyfool
5. Networking @jordanharbinger
6. Negotiating @VossNegotiation
7. Marketing @alexgarcia_atx
8. Psychology @morganhousel
9. Sales @SalesGravy
10. Writing @davidperrell

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More from @BrianFeroldi

9 May
10 Traits Of A Great CEO

A 🧵on how I judge management
1/ Track Record Of Outperformance

Winners keep on winning

Ask: Has the business outperformed under this CEO?

✔️Market share growing?
✔️Revenue increasing?
✔️New products/services selling?

Invest in CEOs with a proven track record of success
2/ Great Communicator

▪️Do they explain their decisions?
▪️Do they teach when they speak?
▪️Do they use industry jargon or plain English?
▪️Do they have an investor presentation?
▪️Do they provide a shareholder letter?
▪️Do they speak clearly?

Communication skills matter
Read 15 tweets
7 May
#FF

10 Tweets/Threads that made my Twitter experience great this week ⬇️
Read 11 tweets
5 May
10 Highly Underrated Books About Money & Investing

A 🧵
1/ 100 Baggers by @chriswmayer

This book studies the best-performing stocks of all time and gives lessons for how to find the next ones
2/ Beyond Wealth by Alexander Green

A collection of life lessons by Alexander Green, who is a former money manager that gave up HUGE money to live a better life

This is the book that I re-read the most
Read 13 tweets
3 May
10 great accounts with <10k followers that deserve a shout out ⬇️
1/ @Auri_Invest

Auri is an up-and-coming analyst at the Motley Fool that has great insights and is on a journey to become a master investor
2/ @chitchatmoney

This account/podcast is hosted by @CCM_brett & @ccm_ryan, who are two smart analysts that do a great job covering businesses. They are both eager to learn/share and both have great attitudes.
Read 11 tweets
30 Apr
#FF

Here are 10 great tweets/threads from the past week

Follow their authors⬇️
2/ @awealthofcs on stock market returns

(his book Everything You Need To Know About Saving For Retirement is great)

Read 11 tweets
29 Apr
15 Ted Talks that blew my mind🧵
1: Paul Stamets on 6 Ways Mushrooms can save the world by

I had NO IDEA mushrooms were so useful & interesting

2: Ruben Meerman on the mathematics of weight loss

It was fascinating to learn about how the body actually sheds weight

Read 18 tweets

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