Saturday, April 19, 2014

I know why we're all unemployed

We were born in the 80s and 90s, a privileged generation riding the greatest economic boom in recorded history.
They told us that specialization was for insects. As tomorrow's leaders, we should broaden our horizons with band and orchestra, soccer and swimming: without this cultural grounding, we'd be laughed out of Park Avenue, forced to work at a second-rate firm.
Today, the second-rate firm is bankrupt and Park Avenue isn't hiring.
We'd declare bankruptcy if it would wipe out our student debt.

Our majors were English and History, Psychology and Sociology.
We wanted to be well-rounded heirs to the economic throne.

Now, we live with our parents.

We are capable, but our education prepared us for the 20th century.
We learned how to run shopping malls, not app stores.

In 2014, even entry level positions are hard to come by.
Without a PhD in Computer Science, how can we compete in the 21st century economy?

I've thought a lot about our generation's brutal underemployment.
The closest parallel I could find was the Industrial Revolution.

Once factories took over America, millions of farmers found themselves unemployed.
But a few years later, most of these same farmers became top-notch factory workers.

The same thing is happening right now.
There's infinite profit potential on the Internet, but most people have no idea how to uncover it.
The new age of work will be far more entrepreneurial, no longer consolidated amongst a few giant corporations. Why work for Walmart when you can make more money at home?
--
Best of all, the future has already begun.
If you know what you're doing, you can make a great living online with no real technical skills.
There are a ton of weird niche activities and markets you can get involved with online.
It's a world full of Bitcoins and banner ads, a libertarian wonderland where profit is the only constant.

The knowledge is out there. Google and Wikipedia alone will teach you everything you need to know.
Good luck!

Selfless Plug:
My company is hiring interns, both physically in NYC and remote / Internet only.
It's a fairly entrepreneurial startup where pay is based on measurable performance.
We're going to legitimately train and manage you, so it won't be a coffee-gopher-ship.
Reply to this email if you're interested.


Thanks for reading my email. Keep it real!
Jim S.
info[AT]clutchtrading.com
New York, NY

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