Some Good Thoughts From Ben Stein

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And now some good ideas...

Ben's thoughts on...

Bailing Yourself Out
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...In the free society, we rescue ourselves. I think in particular of a young man who graduated from Williams College in 1935. It was hard times, with almost 20 percent unemployment, as we now know. 

The young man had no money and few connections. But he didn't know what he didn't have, and he didn't know how deep the Depression was. So he just went out, got a teaching job in Iowa, used the money to work and study at The University of Chicago, found a wife, and started a career that took him to fame and prosperity. He didn't count on anyone else to do it for him. He was a Phi Beta Kappa from a great college, but he didn't hesitate to wash dishes for a meal and a quarter. 

That man was my father.

I think of Herbert Hoover, who graduated from mining engineering school in the late 1880s. Just as he was entering the labor force in 1893, a huge Depression hit. But he didn't know about it because there were few statistics, so he headed out West, started a mining enterprise, and became a millionaire.

Put Down the (internet) Paper and Get to Work
If you spend the day reading about how bad things are, you will never get out of bed. If you put down the paper and get to work, and then work twice as hard and twice as smart as you used to, and maybe take less pay right up front, you will get ahead. 

Here is a lesson from my father: In every economic era, there is always a shortage of talented, creative, well-educated workers. Be one of those workers.

I think of my pal Barron Thomas, a talented salesman of airplanes and related items and services. Since the recession hit in earnest in the fall, I hardly get to talk to him. Why? Because he works all the time. He makes the deals the other guys are too lazy or short-sighted to make. If you absolutely, positively want it to be sold, if you want to buy at the best price, you go to Barron Thomas. The flight world knows it, and he gets sales. Plus, he doesn't get depressed, because he's working too hard to get depressed. He gets that endorphin rush, that glorious feeling of self-esteem one gets from working hard and being exhausted at the end of a successful day. 

My point isn't to plug Barron. He's got a huge reputation already. My point is to tell you that the hard-working people will still get work. They will have money to spend. They will spend it, and eventually it will pull us out of this darned recession.

Earn Your Success
I think of Henry Luce, who started ‘Fortune' magazine when the Great Depression was well under way, or Bill Benton, who started one of the most successful ad agencies of all time, Benton & Bowles, during the Depression. They didn't expect a bailout. They expected to earn their success -- and they did.

Imagination, hard work, and persistence can conquer any phase of the business cycle. Imitate Mr. Thomas, Mr.Bowles, and Mr. Luce. Let other people get depressed by the headlines. Let other people wait around for Mr. Obama to rescue them. You go out and go to work, using every resource of energy and imagination you have. The DMV is not going to bail you out. By and large, and with a few exceptions, you have to bail yourself out. 
Get to work.

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All of Ben's Article
Bailing Yourself Out

by Ben Stein
Posted on Monday, March 2, 2009, 12:00AM
http://finance.yahoo.com/expert/article/yourlife/144940

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Guests Members Profile Send Private Message Find Members Posts Add to Buddy List Guest Group	Post Options Post Reply Quote Guests Thanks(0) Quote Reply Topic: Some Good Thoughts From Ben Stein Posted: March 05 2009 at 12:12pm
	. And now some good ideas... Ben's thoughts on... Bailing Yourself Out ................................ ...In the free society, we rescue ourselves. I think in particular of a young man who graduated from Williams College in 1935. It was hard times, with almost 20 percent unemployment, as we now know. The young man had no money and few connections. But he didn't know what he didn't have, and he didn't know how deep the Depression was. So he just went out, got a teaching job in Iowa, used the money to work and study at The University of Chicago, found a wife, and started a career that took him to fame and prosperity. He didn't count on anyone else to do it for him. He was a Phi Beta Kappa from a great college, but he didn't hesitate to wash dishes for a meal and a quarter. That man was my father. I think of Herbert Hoover, who graduated from mining engineering school in the late 1880s. Just as he was entering the labor force in 1893, a huge Depression hit. But he didn't know about it because there were few statistics, so he headed out West, started a mining enterprise, and became a millionaire. Put Down the (internet) Paper and Get to Work If you spend the day reading about how bad things are, you will never get out of bed. If you put down the paper and get to work, and then work twice as hard and twice as smart as you used to, and maybe take less pay right up front, you will get ahead. Here is a lesson from my father: In every economic era, there is always a shortage of talented, creative, well-educated workers. Be one of those workers. I think of my pal Barron Thomas, a talented salesman of airplanes and related items and services. Since the recession hit in earnest in the fall, I hardly get to talk to him. Why? Because he works all the time. He makes the deals the other guys are too lazy or short-sighted to make. If you absolutely, positively want it to be sold, if you want to buy at the best price, you go to Barron Thomas. The flight world knows it, and he gets sales. Plus, he doesn't get depressed, because he's working too hard to get depressed. He gets that endorphin rush, that glorious feeling of self-esteem one gets from working hard and being exhausted at the end of a successful day. My point isn't to plug Barron. He's got a huge reputation already. My point is to tell you that the hard-working people will still get work. They will have money to spend. They will spend it, and eventually it will pull us out of this darned recession. Earn Your Success I think of Henry Luce, who started ‘Fortune' magazine when the Great Depression was well under way, or Bill Benton, who started one of the most successful ad agencies of all time, Benton & Bowles, during the Depression. They didn't expect a bailout. They expected to earn their success -- and they did. Imagination, hard work, and persistence can conquer any phase of the business cycle. Imitate Mr. Thomas, Mr.Bowles, and Mr. Luce. Let other people get depressed by the headlines. Let other people wait around for Mr. Obama to rescue them. You go out and go to work, using every resource of energy and imagination you have. The DMV is not going to bail you out. By and large, and with a few exceptions, you have to bail yourself out. Get to work. ..................................... All of Ben's Article Bailing Yourself Out by Ben Stein Posted on Monday, March 2, 2009, 12:00AM http://finance.yahoo.com/expert/article/yourlife/144940 .....................................