In this video, the speakers delve into the age-old debate of whether one’s work ethics or education is more important when it comes to leaving a legacy.
Through insightful interviews and in-depth analysis, we explore how the traditional notion of inheritance has evolved over time, and how individuals can leave behind a unique and impactful legacy that goes beyond just financial inheritance.
We also discuss the significance of instilling a strong work ethic in the next generation, and how this can be more valuable than just focusing on academic achievements.
Transcript:
Chris Bounds 00:00
Tell me, and you talk in detail about this. How are you building wealth and creating your legacy?
Wendy Sweet 00:11
Well, I think when I was asked about the legacy thing you may remember my answer was, my intention is not to leave a legacy for my children other than the fact that they have a relationship with Jesus Christ. That’s the legacy I want to leave with them. I’m not leaving them a dime. I mean, I’m sure I will. But that’s not my goal. Because I’ve seen so many people get ruined because they had backup.
They used it not as backup, they used it as their everyday, here’s how you get going kind of thing. You know what made me who I am, is that I had to work for what I have. I’m leaving a legacy of education and not college, although college is great. I could care less if my kids go to college unless you need a degree, like some sort of a degree to do something like a certification or a license. You can learn everything you need, by going to webinars and seminars and masterminds and there and it’s so much cheaper than a college education.
Chris Bounds 01:29
Outside of certain STEM careers. I mean, most of that you can just go straight for the certification and be far, much further ahead. I think society, especially fortune 500 companies, whether by necessity or not the become more open to that.
Wendy Sweet 01:48
That’s exactly right. I have lots of cousins that have grown children that have all graduated from college and they all have come out of college with $80,000 plus, in debt. Can you, I don’t you know, you look like a child to begin with Chris. You’re so young, you’re younger than me. When I came out of college, I didn’t have a dime in debt. I can’t imagine. I can’t imagine entering the workforce with that kind of debt in front of me.
Chris Bounds 02:22
Yeah, there’s ultimately I think, really what college teaches you if you go through the process, right is relationship building and work ethic. Those are the biggest skills, I mean, various degrees, I mean, they obviously differ. Nothing I do has anything to do with what I learned in college outside of relationship building, and work ethic.
I learned more from the-the network marketing company, I was selling vitamins in college, apologized all my college friends who were broken couldn’t afford anything. It taught me the fear of communication and the fear of like standing, doing presentation I’m an introvert. It taught me those skills and those skills cost me like, I don’t know, 50 bucks or whatever it was to join that company. It was just trial by fire at that point, but I think you hit the nail on the head. It’s work ethic, ultimately matters.