Today, we are going to talk about, we're going to talk
about when to consider seriously dropping out of college.
So I pause a little there because Neil swapped the title last minute.
Anyway, so college actually, this is interesting because Neil and I
actually both graduated college, but I think we both took an extra year.
Is that correct?
I took a little bit more than an extra year, but yes.
And I didn't want to even go to college in the first place.
It's the, both of us.
I took a little more than an extra year.
I took an extra year and a half to play poker online.
And I ended up getting two degrees.
I have one in history and one in economics.
Both I don't really use, but yeah, I know you're going to say you
have a degree of poker and one in.
History or economics or whatever the other one was.
Yeah.
Similar, but I actually, here's the thing, right?
Like I've, for me personally, I'm not saying I'm correct.
And I'll be out.
This is just my point of view.
But I was actually reading something yesterday that was shared by novel.
talking about agency and what agency actually means, not like a marketing
agency, but agency means the freedom or the capabilities to do your own
thing and make your own decisions.
School to me in general, never really died because I'm like,
why am I sitting in this class?
I'm actually learning a lot more from games.
As an example.
And this is why other people go to explore the thing is like Steve
jobs at 13 years old, I think he tried to get an internship at HP.
And you have other people that tried all these things when they're much
younger because they had the agency to do they had the capabilities
and they actually took action.
And so I think that's super important.
And so when you think that something's no longer serving you,
it doesn't jive with you and you find something else that's actually.
Where you feel like you're making a bigger impact
and you're learning a lot.
That's when I think it's worth thinking about it, right?
The difference I think for Neil and I is we went through college,
at least for me, I was, I went through it to get that piece of
paper, to make my parents happy.
I'd never really wanted to go through it.
And I still think, in my opinion if you're not doing engineering,
if you're not going to be a lawyer, if you're not going to do
that type of stuff or scientists of some kind college might not
be the best fit for everyone.
Yeah, I agree.
Like I actually look at it where if I didn't go to college and I focused
on business, my business would have been much larger right now.
If I didn't go to.
The amount of money that I lost.
And especially those earlier years, because it really starts compounding.
When you get to start earlier, it really screws you up.
And it's funny, Peter Thiel has that program right where they
invest in companies and people who don't go to college and
he himself went to Stanford.
I'm not saying college is bad.
You're going to go be a doctor by all means, go to college.
And some professions require it.
But for most of them, like you want to be a marketer.
You want to be entrepreneur.
Going to college and learning concepts about entrepreneur
is going to help you do well.
What will help you do well?
Just going out there and doing it and learning as you go.
Nothing really replaces doing at the end of the day,
you learn by doing right.
You can read a lot of books.
I certainly like reading a lot of books.
I listened to a lot of things and that gives me insights, but I have
to do after that so I can implement and I can make the mistakes and
then I can get better and better.
But.
And in some cases, I actually, I think my dad told me this
before, but there's actually people that are known for being
professional students, which means they stay in college forever.
And it's what can I do next?
Like you have, there has to be an objective.
Like I know some people right now that are going out to get their MBAs.
It's Okay, you're gonna spend 30 grand plus on this thing.
What's the objective.
What's the ROI because it's a business degree, right?
Where are you going to get from it?
And then you get no answer from it.
And you gotta know what you're aiming for at the end of the day.
So that is go ahead.
And you should also look at it from an ROI perspective.
Like Eric just mentioned, so let's say ends up costing 30 grand a year.
You have to go out there for two years or four years,
depending on if you're getting like a master's degree.
Or if you're just getting a bachelor's degree, but let's say
you're getting a bachelor's degree.
It's going to cost you a hundred grand to keep them out.
Simple.
Not only have you lost time where you could have been making money
depending on your profession.
But now you also owe money when you graduate and you got to start.
So you can technically lose money in multiple ends by going to school.
And if you really want to go to school and you love it
by all means go to school.
We're not saying you shouldn't go to school if you don't want
to, but we're just saying for most professions, if you're
going to school to help you with that, it's not really good.
But what we're really seeing is it just wasn't for us.
But you have to think about too, from a compounding standpoint,
look, you're are you compounding in the right direction?
Because if you're working on your business for those two years,
you're compounding on something that you're building on and you can
keep doing it over years and years.
But on the school side, if you're not learning that much, you
really aren't compounding at all.
And that time loss.
It is super important.
You're never going to get that time back.
So that is it for today.
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