Why would Warren Buffett, Elon Musk, Donald Trump, Mark Zuckerberg actually
discourage college? Well, they've got some strong opinions on it. As do I, with the
near billion dollars of real estate that i've done. And i got 4 little kids
that I am preparing for college? Maybe, maybe not. In today's video, I want to
share with you some of their sentiments. And i want to really kind of crack the
egg open on the future of our country in our world. And whether college is
everything it's cracked up to be.
My mentor Tony Robbins says that "New conditions require a new blueprint." My
conditions changed on me when I went to college. In fact, I had heard my whole
life how important grades were. So, starting in ninth grade, I was already
getting fantastic grades. And if I struggled in school, I would push through
and I would ever it myself to get that good grade. And when I got accepted to go
to BYU Brigham Young University, I was thrilled and excited. And when I finally
show up on campus doorsteps and start taking classes, I knew why. It's because I
want to be a doctor. Now, I tell you what. If you want to be a doctor, you have got
to go to college. Like, you got to get into medical school and you need that
training because there is no way I'm allowing anyone to do brain surgery on
me that hasn't gone through school and probably done 10,000 surgeries
successfully, right? I mean that's the reality of the world we live in. But the
moment I found out that I wasn't qualified to become a doctor, that
changed everything in my world. I had wanted that for so many years. And when I
was retaking chemistry for the second time, while has taken biology in my other
science classes. And I couldn't get better than a C grade. I had my advisor
sit me down said, "Kris, dude. I know you want to be a doctor. But you've got 10
years of these medical classes. And you suck at them. Like you shouldn't focus on
becoming a doctor." I don't know if you've ever had your dreams ripped apart. But I
had my dreams ripped apart. When I knew I was going to be a doctor, I had to start
actually asking myself but for the first time then. What do I want to do with my
life. And I'm in college and everyone has said get a degree. But I didn't know why
anymore. So, I started exploring degrees instead of asking myself what I wanted
to do with my life, I basically said, "What can I do? What are my options? What are my
degrees?" And I looked at a marketing degree and I looked at a school teaching
degree. And I I looked at a psychology degree. And I started realizing something.
The people that got degrees that had jobs that required them was very
important. And we have those city. You want to be a lawyer, you got to go to law
school, right? But the majority of degrees that people are getting 73% of
today's degrees that people are getting are worthless in our job force. The world
has changed. We have artificial intelligence on the
rise. We've got home automation this. We got machine learning of that. And we've
got all of these advances in technology and it's changing the world so
incredibly fast. And yet kids are still going to school taking on t10
thousands, sometimes more $100,000 a debt for a piece of paper that honestly is
going to be worthless. So, even Warren Buffett himself. He went
to college at the University of Nebraska and then he actually did have a chance
to go to Wharton's business school, right? And he said that honestly there was a
massive tuition difference but his training wasn't different between those
2. And he said most of what he's learned that has been useful has been
self-taught. It didn't actually come from college. You even have Donald Trump
that's right there that's basically saying that most of the business
colleges, the prestigious ones, Harvard and Yale and Wharton. They're not
actually preparing people for the real world. There's no real world application
to what is being learned. I was floored when I heard Elon Musk in a recent
interview say that there was no need to have a college degree. Now, I will tell
you that, you know, we can hear that from him or even Mark Zuckerberg that is
questioning our educational institutions. But the reality is they're entrepreneurs,
right? So, they're market-makers. Elon Musk wants to actually make us the first
interplanetary species with people living on Mars, right? And then you've got
you know, the founder of Facebook which you know it's worth a half a trillion
dollars. Obviously guys, like them or even me are going to have a very skewed
perception. So, I want to actually give you my personal opinion on this. Is
College important? It depends. If you need a degree for becoming a doctor or a
lawyer or a psychologist, then you have to get a degree. But most of the people
getting degrees in college, they are not required in today's world. What am I
doing as a father? I've got a 13 year old child right now. And if you were to ask
her, (Liesl) "Are you planning on going to college?" She would tell you right now,
she'd say, "Well, I'm getting good grades so that I have the option that I could
go to college." But guess what she's doing right now. She's actually working in my
business. Just one hour a day. She's making money. I'm teaching her about
entrepreneurship. I'm teaching my business because she has a proclivity
for it. She has a very natural energy. She's a self-started self motivated
individual. My daughter may not go to college. And she sure heck is smart
enough to actually go to college. What I'm doing those I'm giving her an
education from the masters. What I've mastered in business, I'm passing on to
her my other children. My son also wants to be a store owner. He wants to be you
know, a store man as he calls it at his very young age.
And that's something that I can provide
for him and make available to him. I'm taking my children and I'm exposing them
to other masters and business, other successful human beings. And that is
where they're getting their custom education from today. Not from the public
school house, not from society's concept of what education is. If you want to go
to public school, you can expect average. And if you want to go to college, that
doesn't give you an upper hand today like it maybe once did once upon a time.
I believe that in the next 1 or 2 decades, you're going to realize that
College has become so unimportant compared to this. Can you self teach? Can
you actually learn on your own? Because that's a heck of a lot cheaper with
YouTube University, am I right? It's a heck of a lot cheaper than it is than
actually going out there paying all this money. And then trying to figure out over
decades or even in your 50's. How am I actually going to pay off my student loans?
Friends, the world is changing. And I won't tell you that you shouldn't go to
college. College is right for some people and it's not right for others. What you
need to do is you need to figure out what are. Your options it's like Mark
Zuckerberg says that right now you need to figure out what you want. Don't just
go with the flow. Don't just go with the masses. Discover that for yourself and
then pursue the path that is perfect for you. Thank you so much for watching
today's video. I felt that was important here because I have so many young people
that are subscribers on this channel that they they're in conflict and they
want to know. They say, "Kris, I want to become a real estate investor like you.
And I want to control my own financial future. And I want to make my own
millions. And I don't want to do it at the past of somebody else. I want to be
in charge of my life." And to them I say, "Then get yourself educated." And one of
the ways that you can do that is with a mentor. In fact, anytime I want to learn
something, I go to someone that has mastered it. And I learned this from a
gentleman out of Italy billionaire Luca. And one of the things that Luca says is,
he says, "You need to train with the Masters." So, who are the Masters? Well, if
you want to get in the game of real estate, then then do that and learn from
someone that's done hundreds and hundreds and millions of dollars in real
estate. That even if you achieved a fraction of what they have, it's actually
going to give you the life that you want. So, if you're really serious about the
game of real estate, I want you to click the link below. Get your hands on a copy
of my book. It's free. I'm giving it away as a gift to you because I believe that
that knowledge will empower you and help you figure out what your life's purpose,
what your life path is and the thing that you're really going to love and
enjoy doing. So, you're going to find that in
the link below. Thank you for so much for
watching this video. If you're not, make sure you become a subscriber right now.
Ring that bell and I'll catch you on tomorrow's video.