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Kevin O'Leary: You Can Get Rich Going To Trade School
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- Опубликовано: 14 май 2019
- Kevin O'Leary thinks attending college isn't necessarily the best financial decision for everyone. “I don’t recommend college for everybody,” O’Leary tells CNBC Make It. “The fact is, there’s a lot of trade schools that would help you make a lot more money. Be a plumber, they get rich,” he says. “Everybody has to have a plumber, even in a recession.”
In a previous interview, O'Leary told us that perspective students should think about the amount of debt they'll incur and how a college education will help them pay that off. To that point, the time and cost commitments for trade schools tend to be less than a traditional college or university education.
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Kevin O'Leary: You Can Get Rich Going To Trade School
Trade schools are seriously underrated now. I think they'll make a comeback 😀👍
Could not agree more. Checkout my vid on it. ruclips.net/video/s7dSwciQhsQ/видео.html
You thought right my friend.
Sorry college, but trade school is my gig.
trade school prepares you for your future and real life and dream work without wasting your time, school teaches you things! you have no interest in nor want to learn etc, and it wastes your time and money etc! all public schools should adopt the same system as "Trade school" trade school is the best system! for real education and thebest system! that should replace this 150 year old evil school system etc!!
That's why I became an accountant. My dad always said you'll always work even when the company is going under because someone still has to run the books
N Mazz I did Human Resources. Always someone to hire and fire when a company is going under.
Accountant jobs are going to be replaced by robots soon.
@@namyongkim6490 nope
@@user-td7xf3gz4l yes the future is now
@@user-td7xf3gz4l They def will.
I went to Massage school (1year program) and now I'm about to open my own spa and manage other massage therapists.
How much was massage school
Happy ending?
@@JohnLee-fr6pi I knew it lol
wow thats so awesome congratulations.
The problem is when something like covid hits you can't get clients.
I work with tons of business owners that work in trades and make more than many office professionals. It’s about being good at what you do and finding those that need your services.
Hello Daniel!
I totally agree with this. While trade school is not for everyone, neither is Unversity. However, society and our education system has built up such a stigma against trade school and blue-collar work that a lot of people skip out on a trade and go to Unversity for a degree they aren't sure they want because everyone tells them it's the right thing to do. If you are the type of person who would be happy doing hands-on work, trade school is 100% the best option. It is a shame that so many people look down on these jobs with some false sense of superiority.
Can I just stay home and do nothing yet still live in luxury?
@@user-td7xf3gz4lconsider business school. Most careers there don't involve you going out.
I went to a trade school and it was the best decision I ever made
Amy Kang what did you major in? I’m in high school going to a trade school for accounting
@@captenmurica8843 how is it going?
The Red Russian Kinzer it’s going ight I mean I like it better than my ap classes but the self pace motivation gets hard
@@captenmurica8843 Hey Hows it been going for ya? Are you still in school or have you finished it?
@@chadgamer6942 it’s actually going quite well! I got my accounting certificate but did nothing with it because I hated it LOL. I took a gap year to work and heal my mental health. But now I’m in my second semester of community college, work a part time job at Papa Johns and hope to major in Food Science!
It's amazing how much you can make with a trade school degree, and most likely you won't have nearly as much debt as you would should you have gone to a four year.
None usually
I'm an operations engineer for a fortune 500 company. Started as a electrical helper to a lighting tech. All rewarding paths. Kevin knows what he's talking about.
I thought engineering needed a degree
no a lot of training and certifications involved during the beginning. that's it
I'm just about to finish my Plumbing/HVAC apprenticeship. It was paid for by my employer. I worked normal hours while going to school 3 nights a week. 5 years total, the last 3 years I made over $100k. No debt at all since I didn't have to pay for school. Go that route.
Where did you do your apprenticeship?👍🏻
@@josefiol9520 I live in New York so I went to a school in the city!
I agree with you! Most collage degrees can be worthless but not all. I have my associates in nursing (community college) and I have no debt. I'm travel nurse making $3,840 a week. In my opinion college is only worth it if you become a lawyer, any type of engineer or health. Other options in life include trade school or start your own business.
2 years of hvac school now making 85k a year 21 yerars old
Thst coop bro what state u live at?
Was it hard finding that job you have after completing your 2 years of hvac school.?
What you do?
awesome
the reality is plumbers and electricians are in such short supply they can change premium prices. and in the USA, just add another zero like they do with everything else
Several have mentioned this, but the whole "earn while you learn" is a huge benefit of becoming an apprentice. The electrician apprentices in our electrical apprenticeship program make a great wage while learning the trade in a controlled environment from trained professionals. No student loan debt, plus great benefits and a path to a lucrative career.
My cousin did just that , laughed in my face about me going to university. I got the 35k a year office job, he has the 70k a year blue collar job. "If he cant drive with a broken back, at least he can polish his fenders" 😂
trade school prepares you for your future and real life and dream work without wasting your time, school teaches you things! you have no interest in nor want to learn etc, and it wastes your time and money etc! all public schools should adopt the same system as "Trade school" trade school is the best system! for real education and thebest system! that should replace this 150 year old evil school system etc!!
Outstanding video! I am actually in the last month of trade school to become an Aviation Maintenance Technician. Some of these top paying airlines such as Fedex, Delta etc. pay well over 50 dollars an hour after top out pay. There is a huge demand right now for trade jobs. Also, pilots are needed too!
This comment didn’t age well unfortunately...
nope not pilots, pilots cant even get a job nowdays
@@tyilomales4411 isn't there a pilot shortage now?
Excellent point... Almost all trades can be turned into a small business.
Very very true. University and college are now a days over rated.
boom suga no. Undergraduate is.
@@rodolfoalva422 no
boom suga you’re right. Not all undergraduate is overrated. Neither is university. We need many people to go to college. Just because it isn’t for everybody(you) doesn’t make it overrated.
Rodolfo Alvarado dumbass I have an MBA, 2 undergrad degrees. Going to college isn’t what it use to be. Grad school I believe is still valued and a minimum requirement in today’s market. But undergraduate degrees is very very watered down and 50-60% of undergraduate degrees will not get you a decent paying job. Trade apprentices or trade school is a very very viable and worthy option. I have a brother with a Ph.d, myself with an MBA and my other brother is a mater electrician. Let me tell you who gets work non-stop demand, sustainability. Not the PH.D let me tell you or myself.
Trade school should not be overlooked and should be pushed more in Murica
@@rodolfoalva422 We need less people lol. Only about 33 percent of the population traditionally qualifies for college, liberals and money greedy colleges lowered the standards to jam more people in.
College is not magical place if you go your automatically going to have a better life or salary, you have to be intelligent and qualified to attend which sadly many people are not yet go anyway. It's a waste of resources and taxpayer money, taxpayers who front the bill for grants and student loans.
If you live in a hot place like California or Texas, people will ALWAYS want your services with Air Conditioning
I’m in Texas so I can get what you mean
@@entertheeden8121 Yeah, it gets really hot in California, Air Conditioning is the best 💖💖💖
@@BigMastah79 true that
Tell that to my mother now
For those who live in Florida-become an HVAC technician.No one in Florida wants to be in extreme heat.
So much value! Thank you.
Trade school definitely is the way to go, electricians make loads of money, and there in demand.
You don’t even have to go to trade school. If you graduated high school you can join a local union and get paid to train. IBEW local 520 starts 1st year apprentices at $17/hr. I only made $10/hr my first internship with a geology degree working for an oil company lol.
When you say " you can join a local union" is that in a job field?!thanks in advance.
Yep!
Plumber Median Salary (mid career): $50,600 per year (2015). Electrician Median Salary (mid career): $51,880 per year (2015).
Contrast with Civil Engineer median salary: $82,000 per year (2015) and Electrical Engineer: $95,000 per year (2015).
Being an entrepreneur (aka business owner) is a completely different career path and many people who are great at their trade, won't know the first thing about running a business (nor even want to be involved in that side of their trade).
Amen 🙏🏽 Kevin. My nephew is a plumber.
Why not do BOTH?????
Going to get into hvac
Why not go to both? Trade school and then traditional college (starting at communuty college of course)
That's just redundant. If your going to go into trade you don't need 2 years of math,social sciences, english,etc and sjw brainwashing to do plumbing or construction or whatever else.
@@amylieu6084 im not an sjw, my dad was a tradesmen and was in masonry but had to quit because it was slow in the winter and then got a full time position at sears being a delivery person, i mean earn a trade license and then go onto university for becoming an engineer, nurse, or doctor or stem focused teacher.
@@michellemarie1197 oh
What's you're route
College is only helpful if you want to go into STEM, FAME, or Law. If none of those sound interesting, then trade school is probably the best place to go.
Stem vs trade
FAME ?
What's fame?
@@gorgeousprincess332 Finance, Accounting, Management and Economics.
As a nation we need to change post-hs education.
You shouldn't have to go to college to make a decent salary and wage. People who don't want to go to college but feel compelled or who don't possess high enough intellect but get in anyway (i.e affirmative action and lowered standards) becoming A. Brainwashed social justice warriors B. Failures who wasted tens of thousands of dollars in debt, 4 years and can only get a near minimum wage job like working at a coffee shop.
So either a H.S degree and moving up or trade school should suffice to enter or stay in the middle class.
For the record Affirmative Action is not about lowering standards but its about giving an opportunity to a qualified minority. Believe it or not prior to 1965 in America it was almost impossible for Women and Racial Minorities to get admitted to colleges and universities due blatant racism and sexism. AA was an attempt to balance the campus makeup and eventually diversify the white collar workforce. We all do better as a nation if everyone has an opportunity to be on an even playing field. Considering that almost 55 years later Whites still dominate the population of most universities AA has not harmed the country.
As far as choosing an alternative to college I agree that not everyone should go to college, especially straight after High School and there are plenty of careers where you can make a decent living depending on the area. Some areas are rural and you may have to move to make a decent quality of life. W. VA with the death of Coal Mines and Detroit with the death of big Auto come to mind.
College is kinda silly that the companies require the degrees
thanks mr wonderful 👍👍
Construction is great until your body breaks and you lose your job
Have to plan for that
pick one: use brain or ur body
@@---gi4sr or both. A construction salary is enough to work with to build a future. If you are smart and practice fiscal responsibility.
@@shady610 depends on where you live and the economy. If the housing market goes through a downturn you are toast. Also if you live on the coasts the cost of living will prevent you from having a good quality of life.
Khalfani Wadlington usually people transition into a management position before then!
That's right be a Baker
mr wonderful got me motivated to become a Plumber!
Good stuff Kevin plumbing yes sir
Thank You, Thank You Very Much Yes I Want to become Rich when I am Adult and Yes I Want Trade School but First I Have to go to Trade School and Then Get a Job and Then I Get Lot of Money Yay!
Ok but what about when your 40 and your body doesn’t work anymore
Manager
I was thinking about going to college but I have already made my decision. I will go to trade school.
How is it
me being forced to watch this by my teachers 0-0
Here's another trade/union overlooked....stage hands. Yep you heard me, the people who love concerts and theater, set up concert stage equipment, musical and theater stages, etc. You know what, they actually get paid a lot too. Its obviously not a steady kob but if you live in a big city and are interested in the arts that's something to think about. They love carpenters, riggers, welders, etc.
He's right about plumbers. They charge 300.00 an hour.
I start plumbing school in august
8-10 month program
20hours a week
Anxious and excited at the same time
Yes $300 goes to the owner of said company. Learning to run a business and being good in your field is extremely difficult and 95% of people will fail trying
Trade school vs stem degree at a college you can go for free?
White collar work is overrated we’ve become too cushy and look down upon labor work we don’t even pay the people who do it what they deserve because we look too down on it I agree with him college is not for everyone people would excel and enjoy trade school and community college more
It's not over rated. It's easier work. Would I rather email sit in meetings and do some excel/PowerPoint plus presentations OR actually have to build stuff with my hands or operate a machine.... office is easier in my mind
@@user-td7xf3gz4l everyone goes to college these days instead of trades and that’s why a lot of people have a degree and they can’t even use it cause of the competition
Am about to graduate from trade school and get in to a union making bank debt free do it it's going to change your life.
Interesting, what's your trade & how long did it take/cost?
How much salary?
@@user-td7xf3gz4l what's your trade, cost for school, total time in school, & salary?
In my last year of finance and accounting degree and really regret not just doing this lol
Yeah bro college is a scam my g
Your degree may make you a CEO or Director of Finance one day. We never know. Fact, a finance and accounting degree is still pretty much employable these days. At least it’s not dire like an arts degree or anything. Be positive and be proud of yourself.
accounting is a profitable career since EVERY single business needs one and automation is only making your job easier.
Nurse. Or maybe a dentist would have been a great option ?
@@ATX-js1tostem degrees are not a scam
4 year degree. 2 years unemployed.
thats not how it works at all. Instead, choose a sustainable career that works around your interest. Choose a university (if you can) that has a high employment rate out of college. Get experience like internships before graduating! You'll be offered a full time easily. This stupid myth about being jobless out of college is retarded
Sorry. You're fault most likely
@@user-td7xf3gz4l You're not completely wrong.
@@JewyCandy My country has pretty high unemployment rate.
@@JewyCandy you’re delusional if you think all people with degrees actually have a job
So Kevin did all these ?
He couldn't even handle working one day at an ice cream store, he quit then borrowed $10,000 from his mommy.. that explains his PRIVALEGED upbringing & attitude, look it up
No, but he knows the value of working in the trades and probably realized that college is overrated asf.
O' Leary recommends becoming an insider trader. That's how he netted millions from the sale of Mattel stock. FACT
Everyone does this
You can get rich, but it doesn’t mean you will.
Compared to college, someone’s got to design everything around you, or help you when you’re ill. An arts degree is... yea I don’t know what’s the demand for that. But like plumbers and electricians, there’s a demand for engineers and medical professionals. So if you can go to college and get these degrees then do them cuz they pay more, especially in the long run.
Either option is prosperous. Electricians, plumbers, HVAC techs, truck drivers will always be in demand and that they pay more based in experience. My cousin is an OTR truck driver and he makes way more than I make as a web developer.
A degree gets you a better salary, sure, but you gotta remember the debt you're paying off, too. Not trying to argue, you're certainly right, but I disagree that college is a better option "in the long run."
Christopher Gregory I think it’s a case of two different wealth curves here. Degree required jobs generally have a higher pay than their trade school counterpart, but trade is probably quicker into gaining wealth. But if you’re just a good businessman in general, that’s probably the most important to becoming wealthy.
@@Bradman175 it's also based on the market. From my experience, programming jobs are one of the highest demanding fields but they're oversaturated with novice coders, degree or not.
Meanwhile, if you want to have an income to simply live in your own and have a car with little debt and no financial strait, I'd say local trades/apprenticeships are the way to go.
Stormtrooper No doubt programming is way over saturated. I wouldn’t do it nor suggest it but if I were, I’d do a double degree or even a masters just to have some slight edge over other people. And you can definitely have okay income with trade school jobs. I think it’s a case by case situation, some countries university is free, some countries it’s cheaper, some let you have scholarships if you work at other companies, then you get a job position straight after graduation at that company. Some degrees are actually under saturated compared to demand.
@@Bradman175 I wouldn't suggest going for a double degree or a master's. Having a degree gives you a leg up with employers than someone who doesn't, but that's no reason to swallow up so much debt.
I'm not anti-college, I'm anti-debt. If you ask me, exploring opportunities such as internships and building personal projects while attending a state school is WAY better than simply going to a fancy, EXPENSIVE out-of-state top tier school. If you have that piece of paper plus experience with a proven skillset, you're more valuable than someone who graduated from Harvard and has no experience.
Also, not all trades give "okay" pay (that is, depending on your definition of "okay"). What determines a tradesman pay is usually their experience and the company they work for. There are plenty of electricians who make six figure, as well as elevator repairmen and diesel techs.
4th year electrical apprentice here. I make 70k a year and I’m not even licensed yet lol
College is a waist of time I make more money on trades.
More than a stem graduate?
Going to trade school for electricity in august i wish i started earlier im 26
Very Cool tube vid
Okay, cool.
I want to become a commodity trader.
go to top business schools or major in finance at top target schools..
Shared 👑🎯🤳🤸♂️🎭
0:51
1:05 Entrepreneur
Sparky!
I know of an electrician who makes over 200k
Electrical engineer *
Correct👍🏿
While I agree that college isn't for everyone, most HS only kids in the last 20 years struggle to become rich.
blazewon22 stat? Or are you just saying that to make yourself feel better about going to college
Give me your Lunch money kid qz.com/969659/despite-the-myth-of-the-billionaire-college-dropout-most-wealthy-americans-have-a-degree/
Yeah cuz the degrees offer higher paying jobs typically
Rich people love talking about trade schools like it's the ultimate answer and anyone can do it. While it may not be hard and the return on investment is superior to other college opportunities. You also have to think about your lifestyle. You aren't just going to fix a sink and make 100k. You're going to be knee deep in excrement, you'll be working way more than the usual 40hours and it'll be labor intensive. Not to mention that the environment is one that you have to be ok with. What I mean by that is that most trade programs are usually filled with conservative Republicans and while there's nothing wrong with that, if you're a left wing liberal you will have issues in the field with other workers. Don't just jump into trade school because you think it's the fastest way to become wealthy. You truly have to enjoy the job or you'll quit or drop out within a year or two and then you just wasted money on a failed investment..
I'm sure he didnt get paid to say this either.
A guest on The Wall Street Journal Report spoke sometime last week about making over $431,000 in 4months with a capital of $100,000, which made me realize that as a beginner i have alot to learn, so please assist me with any pointers or tips that would help me make this much profit.
seek the guidance of a professional.
I watch youtube videos and take courses , baby steps but it works for me.
I’m a new investor as well and I use a broker Joanna Maliva Lee she’s been guiding me with my investment since I began late last year and I’ve been able to accrue a profit of $326,000 with a principal of $85,000
Wow I always wanted to invest with a professional but I never knew how to go about it please how do I reach Joanna and how does she help investors
she assist investor by guiding them, you can find all you need to know about her on google by searching her name
Not good with my hands I’m business minded suggestions
Shawn Afshar you’re just stupid and unaware
@@_narcissist He is arab they are genius business people right, that is why their countries are doing so great. Also they get zero percent interest loans and don't have to work with women!
amy lieu Are you that stupid IRL?
@@_narcissist stop
Finance/Sales
Massage therapist
Esthetics
Stupid comments. Y’all know that once you get old many transition over to office jobs or jobs that don’t require “labor?” Project managers, project engineer, supervisors, etc.. these jobs don’t require degrees but do require you be in a field for awhile and it’s what they do.
Before going around saying it’s a backbreaking job, do some research.
Well... When has taking advice from a billionaire ever been a bad idea?
......
This is nonsense. I bought into this kind of garbage when I was 17 still in high school. I went to trade school and did well and found a job that I loved. Now I’m 27 I have outrageous debt, a 20 year old car with 300,000 miles, tendinitis in my knees, a hernia mesh in my gut and hardware in my leg, never had a relationship more than a few months because I was always working and had no money for play. Meanwhile there are people younger than me driving vintage porsches and can afford a broken leg. Working hard is not how you become successful and going to trade school will teach you that the hard way.
Bro no one that went to college has a porsche under 27 years old
Tell me why ur in debt
Why are you in debt?
😷😷❤
Kevin, this time I don’t agree with you. You mixed between what people want every day and plumbers and electricians. Getting rich requires EXPANSION in services, all services.
Kevin. I went to a trade school and I got a plumbers license. I never got rich. I happen to make more money from online then I ever did from going to a voc school to become a plumber. Even with the online stuff I can’t put out and make income claim disclosures. And since your making a claim and what I experienced. Your totally incorrect and I could personally file a lawsuit on you for making this kind of claim.
@your name I love making Democrat and Republican people look stupid. I have to put up and deal with them all the time. I call those people, Demopublican/Republicrat snowflakes. I'm an Independent because America was founded on Independence. Im not part of the Donkey/Elephant sheep cult system. Im going to make you look stupid even more because it seems that the formal education system has brainwashed you. High school Diploma, vocational tech degree, and college degree have brainwashed a large popular percentage of people. Im not your bro punk.
Self Education is the new norm. I may have a so High school/vocational diploma, and a little college in all but I threw it all in the trash because it's just a useless participation award. Ive learned way more in self education and experience than I did with formal. It seems that you really don't understand about how disclosures, claims, guidelines, how to word specific things, what to say and what not to say actually works.For me I can't just say to someone with the online things that I do, For Example: If you would like to do what i'm doing I promise you within 1 Week you could make 10,000 or more per week like me. That would be considered a claim. Thats not feasibly possible for someone who is brand new. Usually when you talk and list about income opportunities regarding to whatever that is, you have to put in words and important disclosure disclaimers like, results are not typical, results are based on the individuals performance of the skills, knowledge, and experience to do so, and especially depending on the demand.
Unfortunately on behalf of Kevin Oleary and CNBC Make it, they never listed any disclaimers in writing either in their video or in the caption of this video post. Someone like me who went to a vocational school and did plumbing, I never got rich at all. I have an actual case to simply prove it. It's no different from someone who sued Redbull for stating It gives you wings. Or even how companies/ individuals said and worded specific promotions and ads. That particular part has nothing to do with Democrat, Republican, or these other named political groups. Laws are laws.
Also were you ever taught or even realized in life that when you play a sport that the whole idea is to win the Championship. Also playing the board game monopoly, make the most money to win. So if i'm making way more money online than I ever did doing plumbing, then why on earth would I still stick to that. Also with the online income, I have much better tax write off advantages, like writing off a percentage of my rent, air/ lodging traveling im able to write that off, cell phone bill im able to write off a percentage, a new computer/ new phone im able to write it off, also I had a car payment and I was able to deduct a percentage of that off. So if I was a liberal then that would I mean I would hate capitalism and not want tax write off advantages. Also I owe less to the government. The days of being a W2 plumber, I never was bale to get any of these advantages.
But I was actually pretty good at plumbing but unfortunately it wasn't making me rich and I got bored of trading my time to make someone else more money instead of building a future myself.
Whats so laughable is there are individuals who walked out of school completely with no ged, no high school diploma, no vocational degree, or a college degree and make 1 million dollars or more per month. So how is formal education working out again? Funny thing is construction is being done on the street that I live on and everything to how they reconstructed the road is out of line, awful measurements, and everything is messed up. This was all done and coordinated by High school diploma, vocational degreed individuals, and college degreed architect/ engineers.Yup great education system we have.
Rich people put their money to work. Poor people trade time for money. Now obviously when your trying to establish the residual income you will need to trade time to establish it. Also it's 2020 not 1960. You don't need any sort of formal education or certification of some kind to make money. No generation has so many opportunities.
And yes Trump 2020 I have to agree on that. I love the advantages that I get with the tax write offs with how the Trump Administration set things up.
Join the union
FOH go to school for finance, technology and INVOLVE yourself in acting ( yes, acting quite the gamble but ppl get paid for their experience).
DONT LISTEN TO HIM. Apprenticeships are impossible to come by once you graduate, every “plumber” I know who went through school didn’t get an apprenticeship, without which you cannot practice. Same for electricians etc.
Suck MeOff getting an apprenticship
Not true