In today’s evolving economy, many of the jobs that exist today won’t exist in the near future. Robotics and artificial intelligence are changing the world as we know it. If your job can be automated, it will be automated. For someone, fifty years of age or older, this may not affect you as much, but it will affect your kids. I think about my kids’ futures a lot and I worry about their ability to adapt to our forthcoming economy. In my view, people who have the ability to read, write and create will always be in demand. This is the primary reason why I believe in a liberal arts education. Most people think of college in terms of vocational training. I never have. Accounting and engineering degrees might provide the best chance for a good job directly out of college, but I worry for people who lock themselves down one specific track so early in their careers. What happens when those jobs become automated? More specifically, people who can solve problems, communicate effectively, and lead others, will thrive in tomorrows economy. You also will have to be really good at what you do. Having a keen awareness about the world we live in will guide you in a good direction, career wise. By studying history, philosophy, economics or English, students acquire the ability to assess a situation based on written documents, form an opinion and advocate for a particular solution. Skills like those, may actually prepare our kids better for tomorrow’s job market.
Over the next 24 months, the real estate and mortgage industries will be challenged like no time in recent history. Companies that have healthy capital reserves and their fixed expenses under control will expand their footprints, and increase market share…Conversely, companies with high fixed expenses, and singular revenue channels will suffer.
Over the last few weeks, I have had the opportunity to speak at the T3 Conference in Florida…I surprised the audience when I explained how the issue of diversity has been framed incorrectly, and has for the most part alienated the business community.
When we invited Gary Vaynerchuk to NAHREP at L’ATTITUDE in 2021, I was mostly relying on input from others. Several members loved his content, but the little I saw online left me underwhelmed. However, I thoroughly enjoyed his presentation at our event, particularly his comments about toxic employees, which he says to dump with impunity.