If you're pursuing your master's degree or PhD, or for some reason your life right now is revolving around academia, let me warn you about something. Most professors and scholars who are handling you now emphasize scholarly rigor over practical life. They will push you towards articles and journals and gaining respect as a researcher and almost teach you nothing about money, influence and power which are the currency in the day to day life.
Of course research and learning are important, but translating what you're learning in school to bring happiness and fulfilment in your life is equally important, but you have to learn it by yourself.
When I was doing by bachelor's degree in law there was a strong notion instilled in us that if you can solve big cases and handle heavy matters you could earn big money, and that was okay. There was nothing immoral with it. We heard stories of great lawyers who had tackled mighty matters and raked in mighty money in the process.
Many of our lecturers who were also practicing lawyers drove nice cars and flaunted their opulence. It was the swag. But then when I crossed over to do master's degree in counseling psychology I was confronted with a near symmetrical opposite school of thought. Professors there lived simple lives and almost no one had a lifestyle I could admire. Counseling was done at such meager rates I couldn't see how one could make a living out of it. It seemed almost immoral to amass wealth from handling people's mental issues.
I knew both lawyers and psychologists were rendering services to people, so why would the psychologist not charge prices commensurate to the problem they're solving? Counseling was regulated by a code that dictated every aspect of the practice, and pricing was tied to some old traditions. I couldn't accept this.
So I battled this problem until I enrolled for PhD and branched off to life coaching, which was wider and more free. Now I could finally scale up my business and determine what level I want to operate at. I decided to return to my law school philosophy where we were taught that the legal profession was a ruthless jungle. Success was personal and it depended on superior skills, social intelligence and sound strategy. It was like a market where you could operate either a kiosk or a mall, depending on the price you were willing to pay in hard work and personal growth.
Same to you, if you submit to just being a scholar and ignore the entrepreneurial aspect to your career you'll live a broke life. You'll be infected with the belief that being strategic in your trade is a form of exploitation. The truth is that people pay you accutron to the size of the problems you solve for them. It's not charity but pure trade.
Better to decide early the kind of problems you want to solve and the kind of money you want to earn. Nobody else can do that for you.
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