Scholars Program

BC
by Benjamin Cummings9 views·Updated Apr 23, 2022
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  1. Hey everyone brief introduction to myself.
  2. My name is Ben Cummings shown on the right is a picture
  3. of me and my girlfriend on the back of my car,
  4. I live in Hope oh Virginia which is famous for the
  5. big Meadow H that is shown when you're entering the city.
  6. I gotta hope for high school
  7. in Hopewell Virginia
  8. and I want free time.
  9. I like to read literature and annotate and break
  10. apart literature and try to find deeper meeting and overarching
  11. what the book is trying to betray.
  12. And that's why I really enjoyed reading, building your mental balance sheets
  13. by morton Flasher.
  14. I went to this book and annotated a lot.
  15. I saw a lot of ideas that I really am excited to touch on
  16. and
  17. I think you guys are really gonna like this analysis of the book.
  18. Okay. The book is written by mort fleischer
  19. and uh
  20. mr fleischer is a real estate businessman but it was never,
  21. it didn't start off that way.
  22. He worked his way up,
  23. there are many jobs and he ended up becoming the real estate businessman.
  24. If you read the book, you know, he's old suits for awhile, which is pretty cool.
  25. He, this book likes to push the overarching theory
  26. of empiricism and this is a huge take away I got from the book
  27. that empiricism, ur or empiricism is the sum
  28. you are the sum of all your experiences,
  29. which I really agree with in the more senses you take in over time,
  30. the
  31. more your instincts developed
  32. And there's a quote that it really stuck with me,
  33. I'm gonna I was gonna read it out of the book, but I just realized the president,
  34. it's the presentation that was right here.
  35. I wrote it down.
  36. If your instincts are well developed, they will generally not lead you astray.
  37. And that's on page 52.
  38. If you want to check it out,
  39. it's a really good quote and it ties into the overarching idea of empiricism.
  40. Yeah,
  41. the second takeaway is actually three takeaways.
  42. There's three legged stool that morton Flasher introduces to us
  43. and the first leg is probably going to be for me, empiricism,
  44. which we just spoke on as another thing
  45. and
  46. then we have servo mechanism is the idea that you can program yourself
  47. through your experiences and other things to be set on a goal to achieve it.
  48. And the third one,
  49. it's a little bit related to that. Its missile, which is,
  50. it kind of comes from his time in the service and he saw
  51. that these missiles, you would program them and they wouldn't be like,
  52. I want to hit this area,
  53. it would be like, I want to hit this spot. This exact spot. This is coordinate.
  54. And I think this is I really well, I know this is talking about
  55. how
  56. you shouldn't be like I want to be rich, that shouldn't be the thing.
  57. The thing is I want to be rich and I'm going to do it by doing this thing right.
  58. So you get the exact spot and that's what you achieve. That's what this means to me.
  59. And it was really, uh, it really stuck with me, my biggest takeaway.
  60. And when I think the overarching theme of this book is going to be
  61. his presence here.
  62. It's um,
  63. morton pleasure talks about in chapter three or four
  64. about how he had a lawn care business.
  65. It might be chapter one or two, I'm sorry,
  66. but he talks about how he had a lawn care business and
  67. people don't want their grass cut when it's 30 degrees outside.
  68. So he was like
  69. really shocked by that and he got a different job.
  70. But then he knew that he was going to be able
  71. to do it during this month and not these months.
  72. So through his experience,
  73. he became what he was and it made him a better businessman in that aspect.
  74. And it made him better at doing what he did.
  75. And I really relate to this because
  76. about three or four years ago, I formed an LLC with a few of my buddies,
  77. that's me in the middle.
  78. I might be the shortest, but I did own it. I promise.
  79. Yeah,
  80. We were really shocked the first time because we were in middle school at this time.
  81. We're really shocked when people are like,
  82. where the people are like,
  83. We don't want our grass cut. It's 30° outside. It's not even growing.
  84. We're like, what are we, how are we gonna make money then?
  85. But then we had the idea, let's expand, let's do
  86. gutter cleaning maybe inside stuff, car detailing
  87. and we weren't without running for a long time and it really worked. And I think that
  88. me and Mr FLeischer have that that experience like
  89. dedication, inspiration? Does it equal preservations?
  90. And I think that this book is also pushing the idea of this.
  91. I think that if you're dedicated to a task and you have the right inspiration,
  92. whether negative or positive, then you will get what you want,
  93. you will preserve in that.
  94. Uh in that aspect. Sorry folks, I just went back one and I think that someone
  95. who that idea of dedication
  96. plus uh
  97. inspiration ties into his Thurgood marshall. He was
  98. he was as a punishment.
  99. They made him read the United States
  100. constitution and he learned from that experience
  101. that uh many people didn't have equal
  102. protection under what the constitution we the people
  103. wanted and that inspired him to become the first black Supreme Court justice.
  104. And he read it
  105. as a punishment
  106. and his negative experience made him who he became.
  107. How much time I've got left folks. All right.
  108. I have had to shoot this a few times because I've gone over the six minute mark.
  109. I like to babble.
  110. My consensus is if you're going to enter
  111. the field of business or finance or anything,
  112. maybe real estate.
  113. This book is a must read. It has so many takeaways.
  114. Mr fleischer lost his parents at a young age
  115. and he talks about that and how that was probably hard,
  116. but he came out on top of her and now he writes books and that's pretty cool
  117. and
  118. plenty of lessons to be had in this book. I know I've taken a few and
  119. I think it's a pretty good book. Thank you guys for watching my lightning talk
  120. and I'll see you if we ever do another one of these.