One of my close friends recently got a job Working in a Steel Mill in Rural Ohio right before the pandemic hit. He starts work on July 6th, and his starting Salary is 70K a year with full dental, medical, and health insurance benefits. He has no college degree, with his only higher education experience being 2 years in the Navy before being Honorably Discharged. He's planning to buy a house right in the middle of this current Pandemic in February. Houses in the part of Ohio he is working in go f
In today's world, we tend to pay attention to the "sexy" startups. companies like Uber, Lyft, or AirBNB frequently grab our headlines. But there are plenty of great business in industries that most people find mundane: Laundry, Logistics, Auto Wreching, and Scrap Yards, just to name a few.
Here's an example: One of the largest Auto Wreching Companies internatonally is called Copart. All Copart does is buy wrecked cars (primairaly from insurance companies), and resell them to the publ
Good article from 2012 on Engineering. Considering we are in a recession, this will become more and more true:
To summarize the article, We don't have a shortage of Engineers in the US. We have a shortage of Employers willing to pay competitive salaries to Engineers.
We have a shortage of Engineers willing to earn $15 an hour after spending 4-6 years getting one of the hardest colleg
Sometimes, you don't have one.
Academic Institutions, corporations, and government keep shoving the same message down our throats every day: work hard, get good grades, and get a nice, cushy job at that big company. Work there for 40 years, then retire when you are 65 with a 401K. But with the pandemic, politics, and mass-layoffs, the future doesn't appear so clear.
There are now more ways to make money, and more ways to reach others in the age of the internet than ever
The internet of things, or "IoT" as it is called, has exploded onto the market With companies like Ring, Philips, Simplisafe, and Tive all developing their own technologies. All of these businesses develop products, connected to the internet 24/7, designed to do anything from keep your house safe to tracking supply chains. Suddenly this technology is available in every big-box retaill store acorss America, but it didn't start out that way.
Even as early as the 2010s, individuals have
Something I've learned in the It world when it comes to hardware, is that people will pay a lot of money to be certain the part they are buying for their computer will work right out of the box. It is the reason companies like Serversupply, all HDD, or OWC exist. Even though they are all selling something you can buy on eBay for half the price, you can be given absolute certainty that when you buy from their website, the power supply, RAM, or motherboard is going to be directly compatible with t
Lessons from the coronavirus:
1. Don't have kids. Ever.
Having a spouse is fine, as long as they also work. But the cost of living is becoming so inflated, and children so expensive, people can't afford to have them. I see our economy becoming more like Japan in the coming decades where our birth rates crater because adults cannot afford to take care of dependents. If your parents hassle you over this because you did not give them "grandchildren" ask them who's life it is
According to Forbes, the US produces roughly 237 thousand Engineers every year, with one qualified candidate being available per 1.9 job listings, whilke the national average is 1 per 3.6 job listings. But we aren't the top in producing Engineers, not by far. Especially on a per-capita bases:
The media likes to speculate why more individuals don't go for a STEM education of the career outlook is so great. Some say it's because we don't have enough people interested in ST
The US government and Federal Reserve have now collectively thrown $6 trillion dollars of stimulus at the coronavirus, according to the Washington Post:
The scary thing about the Fed printing money is while this sort of monetary stimulus will work today, there will be a day when it doesn't.
On that day, the US dollar will fail, and there is nothing your government can do to resc
School is a measurement of how long, and how hard you can work. School is a measurement of how well you can follow instuctions, and how obediant you can be. School is a measurement of how well you can jump through hoops, and how well you can deal with Buearucracy.
There's a difference between getting a good grade, and learning something. A BIG difference.
Doing well in an AutoCAD class means I get an A for making the design specified in the schematic in Solidworks.
Why I don't want to get another low-end retail job:
In a crisis like this where a person needs money, the easy choice is to get a job. But I am trying to figure out how to do something different.
It's no wonder I didn't want to go to college, when you compare the numbers of what I was making flipping PC parts per hour:
Working at McDonalds/retail/grocery: $9.45-$12 an hour.
Working on my business and flipping PCs return on invesment: minimum $22 an
A few days ago, 3.2 Million Americans filed for unemployment across the US. The largest number in history:
For those of us who still have our jobs, the rest of us are stuck working remote, or have some form of paid sick leave. consider yourself the lucky ones, since you planned accordingly.
Of the individuals who filed for unemployment, vox has published a grap