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Thread 14 yrs After Graduating Recording Engineer School (Need Help)

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1 14 yrs After Graduating Recording Engineer School (Need Help)
I feel like a fool...... Graduated Recording Engineer School in 93. got int trouble with the law. when I got released sent my resume to different studios and they start telling me that im to far behind. I dont know anything about pro tools.

I want to buy equipment but forgot what to get.
Dont know the new Consoles
New Beat Machines
Keyboards nothing.

I have a buddy of mine who has his own record label and hes making his rap albums
I rap also I'm going crazy because I want to learn the paper work aspect of starting my own label.

Can anyone help me understand and know about how much the music equipment has changed since 1993 and whats new and what I need in order to have a good (mini) multitrack studio