0:00

has a byproduct of how

0:02

, at scale , the education

0:04

system is failing our children . The

0:07

kids are like what

0:10

is this ? There's gotta be something

0:12

different . Hey friends , welcome to Voice and

0:14

Impact , an honest podcast

0:16

about the journey of entrepreneurship . We're

0:18

not here to tell you how to live your life

0:21

. We're here to have real conversations

0:23

about real things . My

0:25

name is Adam and I'm so grateful

0:27

you're here with us . So today I want to share

0:30

with you how the education system

0:32

is killing the future of entrepreneurship

0:35

and how it will save it . And

0:37

what I'm about to share is the result

0:39

of years of studying

0:42

and being involved in the education

0:45

system as a teacher . I'm

0:47

going to split this up into two

0:49

general categories . The categories

0:51

are the world that we learn

0:53

in school and

0:55

the real world , and I'm

0:57

going to disposition that over the idea

1:00

of entrepreneurship and how

1:02

these ideas might influence one's

1:04

ability to be or

1:06

become an entrepreneur

1:08

. So in the school world

1:11

, it's organized in

1:13

a very siloed

1:16

way . We've got math

1:18

, social studies , science , english

1:20

, the gym , all of these

1:23

different rooms that we enter

1:25

and focus only on the one , something

1:28

. We're taught that things are compartmentalized

1:31

as a result of that . But

1:34

the real world is

1:36

a much more holistic

1:39

picture . Everything

1:41

is interconnected . There's

1:43

an overemphasis on

1:45

standardized testing and

1:47

there's an overemphasis on it because that's

1:49

how schools are funded . So it's a systematic

1:52

issue . But what it creates is

1:54

an environment where quantitative

1:57

information is more valuable

2:00

than qualitative information

2:02

. To simplify that , quantitative

2:05

information is numbers

2:07

three , six , seven . If there's

2:09

a quantity involved . Qualitative

2:11

information is ideas

2:13

. So if I had the number three three

2:16

of what ? What is the meaning behind

2:18

that number ? Could be three bananas , could

2:21

be three million dollars . Those are

2:23

two very different ideas and

2:25

we're really good at the

2:27

qualitative facts memorization

2:30

. Seven plus three is 10

2:32

. You know , 26 plus five

2:35

is 31 . We're drilled

2:37

with that stuff all the time . When

2:39

it came to experimenting

2:42

with or understanding the qualitative

2:44

, the ideas behind

2:47

them , that really never

2:49

happened . That limits the

2:51

future entrepreneur's ability to

2:54

provide themselves with the context

2:57

of the information , because we're always

2:59

inputting new information

3:01

and then responding to that

3:03

new information , and so when we're

3:05

responding , when we have that qualitative

3:08

context , it informs and empowers

3:10

us to make better decisions

3:12

. They do a really great job

3:15

at teaching us that

3:17

the answers are external . The

3:19

teacher knows the answers to the test . You

3:22

can always get the answer in this textbook

3:24

It's either right or it's wrong

3:26

in the real world ? Sure

3:28

, i think there's a lot of answers that

3:31

can be discovered through curiosity

3:33

, and we can learn a lot from other people , but

3:35

in the real world , the answers

3:37

are within . Only

3:39

you know what you want out of life

3:42

and only you can

3:44

build it . Fostering that intrinsic

3:46

motivation is altogether lacking

3:48

in the education system . In

3:51

school we're not really taught how to advocate

3:53

for ourselves . We had to have our parents

3:56

advocate for us , and some of us

3:58

didn't have parents who had the capacity to

4:00

advocate for us . We're the only ones

4:02

that can . I think we could

4:04

be doing a better job at teaching our

4:06

kids how to advocate for themselves

4:08

. Back to the answers

4:11

are outside of us , and this isn't

4:13

to diminish the real

4:15

experience of ADHD

4:18

, but there's a lot of data

4:20

that suggests that we

4:22

are overprescribing in

4:24

a significant way , adhd

4:27

medication to our children because

4:29

they're having a hard time focusing whatever

4:32

. I think that teaches us that

4:34

, again , the answer is outside of ourselves

4:36

. That appeal may

4:38

fix my still

4:41

developing skill of focus , and

4:44

I think that is of great disadvantage to

4:47

service , to the future of

4:49

the entrepreneurs of this

4:51

country and this world . We also

4:53

really only ever deal with kids

4:56

our own age . Right . How

4:58

often do third graders and sixth graders

5:00

get together ? Not often , but

5:03

that creates a delusion of

5:05

community , because in the real

5:07

world you're dealing with people of

5:09

a wide variety of ages , especially

5:12

as an entrepreneur , and that cross-generational

5:15

relationship building is a skill

5:17

set that is altogether

5:20

missing in our education system

5:22

. We do a pretty poor job

5:24

of teaching our kids how to cope . I

5:27

would say that's my assessment when I

5:29

was a teacher . Coping is a

5:31

really exceptional skill

5:33

set to have , navigating

5:35

the storm of uncertainty associated

5:38

with entrepreneurship , and

5:41

part of those coping mechanisms are simply

5:43

understanding how you're feeling

5:45

now to communicate how you're feeling

5:48

. Emotional intelligence , stress

5:50

management Whenever I'm dealing with

5:53

stress , i need to get clear on my priorities

5:55

Or I have a hard time making

5:57

progress . Financial

5:59

literacy In school , really , the only

6:01

experience I had dealing with money

6:04

or learning about money was

6:06

when this one guy came in in a suit

6:08

and talked about compound interest

6:10

and how you need to start

6:13

putting away 20 , 30 , $40

6:15

a week right now while you're young , because

6:18

when you get old that means you'll be rich , and

6:20

don't you want to be rich when you're old ? That's

6:23

really the only time we talked about money . Never

6:26

had any experience getting

6:28

a chunk of change , like pretend

6:30

chunk of change and like using that to

6:32

manage an idea , right Like

6:35

? one of the things I did when I was a teacher is I

6:37

gave everybody a budget of $100,000

6:39

. They were a band , they were

6:41

going on a world tour . Stadiums

6:43

had a number of fans that you would grow if you played

6:45

at that stadium and then we would auction them off

6:48

. It was like a 10 week thing . They

6:50

were all making decisions on budget and management

6:53

and how much would they pay for which stadiums

6:55

to optimize those results or whatever

6:57

. But that's like more real world

6:59

financial ideas The

7:02

day to day of what am I doing with this influx

7:04

and the outflux of my financial

7:07

energy And that's not discussed

7:09

at all . And that's of great disservice because

7:12

I feel , like a lot of the entrepreneurs that

7:14

I know their biggest disadvantage

7:17

is they don't understand money . And

7:20

if you don't understand money as an entrepreneur

7:22

, it's going to get hard And

7:24

so a lot of people lose faith and I think

7:26

our current education system

7:28

is creating that . In closing

7:30

, i think it's also doing one really

7:32

important thing Has a byproduct

7:35

of how , at scale , the

7:37

education system is failing our children

7:40

. The kids are like What

7:44

is this ? There's got to be something

7:46

different about this . I'm going to go online

7:48

and look , look about a

7:50

different way of building my life

7:52

, because this current when I was told

7:54

just doesn't make sense to me . And

7:57

as a reaction to that environment , it's creating

7:59

this new wave of entrepreneurs

8:02

who care a lot , and

8:05

I think that's really going to positively

8:07

affect the world , and I think you

8:09

might be one of them if you're tuned in into this . So

8:11

here's a question for you How

8:14

could we improve the

8:16

education system ? What could we be

8:18

doing to empower these young

8:20

minds of entrepreneurs , these future

8:23

backbone people of our our

8:25

economic system ? Thanks

8:28

for tuning in to some of my

8:30

rambles and real

8:32

time thoughts on the

8:34

education system and how it affects entrepreneurs

8:37

. Thanks for watching .