Formal Education and Self-education

“Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn
  • January 7, 2025
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“Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn

Jim pays attention to the significant difference between traditional schooling and self-directed learning. Formal education provides basic foundation knowledge to enable you to get a job.

However, he notes that formal education is often limited in scope and may not necessarily equip you with the all-round skills required to build success.

Formal education no doubt leads to a reliable career path but may not create extraordinary opportunities for your transformation.

Self-education is the continuous pursuit of knowledge and skills outside the traditional education system.

It is learning through books, mentors, online courses, and real-life experiences.

It allows you to gain specialized knowledge, explore new fields, and innovate, which then opens doors to greater personal growth and financial success.

Jim encourages us to take charge of our learning and development for short-, medium, and long-term growth and development.

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