Wednesday, September 15, 2010

Think and Grow Rich - Ch 5 Specialized Knowledge

They say Knowledge is power. I disagree. Knowledge is only the POTENTIAL for power. Unless that knowledge is inventoried, collocated and used, it is merely clutter in the brain. We must inventory, catalogue and develop a plan for using our personal knowledge. With the advent of the internet,  vast volumes of knowledge is at our fingertips. This fact (I think) levels the playing field when we need a specific tidbit of information. The difference comes in our specialized accumulation of knowledge and experience and how we perceive our accumulated knowledge in practice.

Wealthy people like Henry Ford, Thomas Edison and many others did not necessarily personally hold a great general knowledge of things, but they DID understand how to tap their resources and how to implement their plan and dreams into action. We can take a lesson from this. Specialized Knowledge can be quite helpful in achieving our personal and financial goals.  I have studied computers and networking since 1976. I have a in-depth comprehension of the principles in this field. I do not consider myself a totally ignorant man, but I would not even attempt to try brain surgery. Does this make a surgeon any smarter than me? I do not believe so. It is just we have different specialized knowledge. I am certain that he would not attempt to design and implement a Frame Relay Network with Maximum Packet Switching between remote rural nodes. See what I mean? Our Specialized Knowledge includes our personal experiences, talents, skills and personality as well as what we learn from interacting with those around us.

Experience is learning from your mistakes

                       Wisdom is learning from OTHER’s mistakes



The trick, (the way I understand this chapter) is finding a marketable way to implement your personalized, specialized knowledge to your advantage. This requires thought, self analysis and imagination.  Once you have conceived your goal in using YOUR personal attributes, you must construct a PLAN to implement this journey to success.  Also we must use the previously noted  steps for success and reaffirmation to continually motivate ourselves and convince our psyche to make this Plan complete.

Like the old adage states:
Plan your Work

&

Work your Plan



May God Bless You and Yours

Gene


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