College vs. Building Your Business

Did you go to college (putting you in debt) and now can’t find a good job? I feel for you.

At a cost upwards of $60,000/year, the average investment is likely between $100,000 – $250,000 per person.

How sure were you at age 18 of what you wanted to do for the rest of your life to make that type of financial commitment?

I barely knew at age 25. The only reason I went to grad school was that I had no clue about the type of job to pursue. College is designed to churn out employees, but technology is disrupting ALL big institutions.

Today, you get the equivalent of a college education online for a fraction of the cost. The curriculum is up to you.

Tell me if you think this is a better investment…

Assume the low-end, and use the $100,000 we spend on 4 years of college.

Instead, take $10,000 and invest that in a business idea for 1 year, each of the next 10 years.

This accomplishes several things:

  • Allows you to pursue & develop your real interests
  • Gives you money to spend on education, advertising, outsourcing
  • Gives you the runway to build momentum (and income)
  • Gives you the leeway to leave a bad business idea behind
  • Teaches you how a REAL business works
  • Compounds your business skills every year
  • Increases your chances of success each attempt
  • Better opportunity to achieve financial freedom vs. a job

This is the education of the future, in my humble opinion.

The big exceptions are the STEM fields, where a university has resources that an individual cannot obtain. Ironically, I was a member of this group (engineering) and worked with several expensive toys including a scanning electron microscope which costs roughly $1 million. Can’t put that in the spare bedroom as a hobbyist!

I didn’t know my future, but I was certain of what to avoid – an ordinary 9-5 job.

Luckily, I didn’t pay out-of-pocket for either my undergrad or graduate degrees, because I selected the colleges that gave me the most money instead of choosing the most prestigious (and expensive).

Even if that’s not the case for you, working for yourself is the best investment in your future. It can provide the freedom you desire to get away from the cubicle life forever.

Learn more about a zero-risk investment to start your freelancing journeyJoin the Web Design Business Plan membership today!