A letter to my students part 6: The Game Has Changed

The game has changed

We are moving away from the traditional economic model that many of our parents grew up in and are transitioning to a knowledge economy. As part of this transition, technology is rendering previously expensive products and services much cheaper or even free in what is referred to as Technological Socialism and Demonetization.

Even the traditional models business would operate by are no longer the status quo as businesses evolve not just to survive but to take advantage of the opportunities the modern marketplace. This disruption results in a churn of renewal as jobs or even industries become redundant whilst new one’s sprout.

In a global environment with such unprecedented change your ability to maintain your currency is one of your most valuable assets.

What is currency?

Currency relates to having up-to-date skills, knowledge, and experience to effectively perform the job.

The advantage of valid currency

Currency is an important factor in gaining employment. Your ability with the latest industry standard technologies, methodologies and processes can help you overcome a lack of commercial experience.

How you may ask?

The value of certain types of experiences can diminish or become redundant over time as the industry changes. The knowledge gained from certain experiences may no longer be transferable and become obsolete.

“Time and tide wait for no man”

Unknown.

The truth about currency

If you want to be a professional in the industry, you must maintain your professional currency. To achieve this, you must forever remain a student up to date with the latest technologies and trends. Your mindset must be current and aware; maintain the beginner’s mind, or habituation might seep in.

Remember this, if you’re not spending time learning you’re being irresponsible with your future and wasting the investments of the past.

‘Most of us have two lives. The life we live and the unlived life within us. Between the two stands resistance’ - Steven Pressfield – The War of Art