锘? Everyone loves rags-to-riches stories
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but few people have lived such lives. In addition to a desire to see others
succeed, many people like to complain that they don't get any breaks . . . and
use setbacks as an excuse for not having accomplished much. But are breaks
really the basis of rags-to-riches success, or is it something else?
The
punch line of most rags-to-riches stories is that it's what you do
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not where you start out, that makes the difference. Let's look at a modern-day
Andrew Carnegie to see what lessons we should draw for accomplishing
more.
Dr. David Penn was abandoned in a hospital in Sydney, Australia by
his refugee parents. His first fortunate break came when he was adopted as baby
by a childless couple. His next set-back came when his adopted parents broke up:
Dr. Penn was mostly raised by his determined Mum who struggled to earn enough to
support him.
Wanting a better education for him
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Dr. Penn was sent to a boarding school at 13 where he suffered from continual
bullying and violence while mentally stagnating from the school's weak academic
program. This set-back was a low point from which many teens don't recover.
Dr. Penn was adamant that he wanted to come home and finally persuaded
his parents to free him after two years of misery and three break outs from the
school. Thrown into a new sink-or-swim school, he thrived thanks to a new
friendship with a nice teenage girl.
He started university studies at 17
and quickly found that he had entrepreneurial instincts. He earned a good living
from providing part-time tutoring to high-school students and sponsoring a
lucrative football betting game at the university. Profits were so good that he
hired someone to do his laundry for him, much to his Mum's dismay.
Buying
a dental practice after graduation
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Dr. Penn was soon so successful that he bought a second practice and had both
completely booked by the time he was 27. Seeking new challenges, he later
started a dental laboratory in Hong Kong to make dental prostheses. That
business has grown over the last 25 years into a global industry
leader.
Through the dental laboratory, Dr. Penn found ways to improve the
practice of dentistry
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providing better materials and prostheses while educating dentists on how to be
more successful using these improved resources. The business did so well that he
characterized its business model as being as near perfect as a business model
can be.
But he was restless and wanted to do more: He started and ran
three more successful companies. But those accomplishments still weren't
enough.
Where does a man who is so successful go to find new challenges?
In Dr. Penn's case, his next stop was to study for an online MBA at Rushmore
University.
Why? He wanted to examine what he had been doing in business
from a new perspective and thought that the individual tutoring by the
world-famous professors at Rushmore could help.
Because he had been asked
by another university to develop an MBA program for dentists, Dr. Penn made that
one of his topics for earning an online MBA; and he created an MBA curriculum
and model unit on ethics for dentists. The program was designed to build on the
best of what well-known universities were doing and his experiences with
individual tutoring at Rushmore.
Dr. Penn found from his studies that
experientially directed learning (working on practical problems to learn
business principles) energized and informed him in ways that he did not realize
could be done through academic studies. He pointed to David Kolb's
book
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Experiential Learning, to characterize how the experienced person can make large
gains in gaining and applying new knowledge:
1. Perceive new
information.
2. Reflect on how the new information can impact some area of
life.
3. Compare the new information to your experiences.
4. Think about
how the new information could provide better ways to act.
After gaining
his MBA, what did Dr. Penn have to say about the educational experience in terms
of the four-step model?
"Was the course worthwhile and would I do it
again? Absolutely! Upon reflection
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the most difficult aspect was defining the course and ensuring that the tasks
were worthwhile and challenging. I set myself an enormous performance gap to
bridge but emerged at the end with an achievement that has altered my thought
processes forever."
Since graduating, Dr. Penn expanded his dental
laboratory by integrating a new product line from another company. This
experience was so exciting and successful that he has been thinking about
studying for a DBA (Doctor of Business Administration) degree to consider and
expand on his post-MBA work.
What challenges will entice Dr. Penn next?
It's hard to tell, but they are bound to be large ones. Now that he appreciates
how education can accelerate his success
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the sky is clearly the limit for him.
How can you refocus your talents
and experience to accomplish more? Perhaps you should start using Dr. Penn's
four steps to help you. Rather than thinking it's all about breaks, start
looking for ways you can perceive new knowledge. And follow on from there as he
did.
Author's Resource Box
Donald W. Mitchell is a professor at Rushmore University. For more
information about ways to engage in fruitful lifelong learning at Rushmore to
increase your success, visit
http:www.rushmore.edu .
Article
Source:
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