10 Reasons Why Entrepreneurs Should Never Enroll In College

By on October 13, 2012
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no more college

The big debate in the entrepreneur community at the moment is whether or not college is needed for a successful business or career.

Journalist, Jason Smith, studies the reasons why entrepreneurs should never step foot into college, what are your opinions? Leave a comment and have your say.

 

The 10 Reasons Why College Is Not Meant For Entrepreneurs

 

1. You Will Be More In Debt

college debtThe dreaded D word, college pricing has been gradually getting out of control over the past decade. The same education that used to be higher quality and more valuable is now much more expensive whilst providing lesser value. Across the world, half the people that go to college do not get the skills necessary to succeed in life. They are basically spoon-fed an educational system of memorization that doesn’t test them and teach critical thinking.

 

2. Social value

college entrepreneur partyYou hear many people discuss the value of socialization among your peers as an essential benefit of college. So many people behave exactly the same way in college as they did in secondary education or high school. Sure, there’s always some maturity that takes place, but for the most part, even in the diverse environment, most people stick to people who share their same values and upbringing.

You can get the same social value by joining a club or an association to learn the essential values of teamwork without the college expenditure. You can also use social networking to reach out to people all over the world.

 

3. Restrictions on being more innovative

innovationDo you ever hear the likes of the world’s most successful entrepreneurs like Bill Gates and Mark Zuckerberg ever tout their college degrees as the secret formula to their success. Of course, not, that’s because they didn’t earn college degrees. They earned money instead, it comes in much more handy.

The best way to get a college degree is to get an honorary one after you make a fortune and a name for yourself, then an institution can honor you.

 

4. Still unemployed after college

College Degree with no jobIn most developed countries around the world, half the college graduates can’t even land jobs when they complete their degrees. The students who drop out after figuring out that they don’t fit well within the framework of the institution are not refunded any funds. They have wasted their money and time with nothing to show for it.

Skipping college and starting your own enterprise will be a valuable experience that will put you head and shoulders above your college peers.

 

 

5. The use of backwards and traditional methods

no more collegeCollege offers traditional teaching methods which are completely outdated. Technology moves at the speed of life and is very transformative. It disrupts the very concept of investing in your college education for a stable career. Around the world, some teenager in his garage may be working on new software or technology that can change the world. The average college professor is only teaching what he or she knows which is no longer applicable in a vastly changing world.

 

 

6. Less hands on experience

college experienceYou can gain expertise through launching your own enterprise. Doing something you are passionate about will be more likely to bring success.

As an entrepreneur, you set your own curriculum based on your passions and interest in life. You then develop a strategic plan to monetize your passion, you can learn the skills you require, follow the blueprint of many entrepreneurs who have succeeded without a college degree. An experienced mentor can steer you down the right path, most college professors haven’t experienced real success outside the classroom, that’s probably why they teach.

 

7. Rigid learning

follow the herdCollege is a very stiff and rigid atmosphere. Life is meant for freedom of expression. College standards and strict guidelines of specialization don’t allow for natural creativity. Entrepreneurs need freedom to create and forge their own path. Textbooks can only teach theory or structure of the way things are supposed to be.

However, entrepreneurs need to think differently, outside the box of conventional wisdom.

 

 

8. Less individualism

Funny College

College tries to paint you in a box to accommodate society. You are expected to simply follow along like millions of others without thinking for yourself. The structure of college prepares you for a life of simply following rules dictated by others. Human beings are supposed to be free people with their own ideas.

As an entrepreneur, you can strive to create your own rules, not government mandated teaching or outdated institutional learning methods.

 

 

9. Smaller accomplishments towards your future

small accomplishmentsAs an emerging entrepreneur, you need to gain a mindset of applying real-life principles to determine the results for yourself. Every little progress you make counts as a real accomplishment in the real world.

College only teaches you how to pass exams. As an entrepreneur, if you can create a product or service to market, that’s a real accomplishment that is worthy, most college graduates may never aspire to it.

 

 

10. Less risk-taking

taking a riskEntrepreneurs need to learn to push beyond their comfort zones. Risk is very important to success. You must be willing to take risk and live with your decisions. Sometimes you win, other times you may lose big, but you keep going.

College doesn’t teach the importance of risk, instead they promote security and a safe career. Entrepreneurs must take risks to determine their own path in the world. Entrepreneurs embrace the challenge of calculated risk in order to succeed.

 

Article By: Jason Smith | Addicted2Success.com

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About The Author: Joel Brown

Joel Brown is the CEO and Founder of Addicted2Success.com. With a long time passion for Entrepreneurship, Self development & Success, Joel started his website with the intention of educating and inspiring likeminded people all over the world to always strive for success no matter what their circumstances. Joel’s passion for what he does shows through the continual growth of Addicted2Success.com's online community. Follow Joel Brown on Twitter or keep upto date with him on Facebook: https://www.facebook.com/joelbrownA2S

44 Comments

  1. Susan Eckley Ruch

    July 5, 2013 at 4:57 pm

    My Take: I do believe we need to go through our first 12 years of school. (K thru 12th grade)
    We do need to learn to read, write, math and socialization skills. I did go to college straight out of high school in 1978. I am 53 years old. So, I can say this. I got my BA degree and when I graduated after 4 years and now to think about it I paid for so many stupid classes that had nothing to do with what I wanted to be, do or have. I had an English degree, minors in Political Science and Law. Now, what do you with an English degree? I went to work for a restaurant chain (i.e. Burger King as a Manager) I was working for someone else making their dreams come true, not mine. After getting sick and tired of working for corporate America in 1999 I decided to start my own businesses. In school and in college they never taught us “Leverage”
    Over our lives we change our careers as many as 20 times because we are searching for what we really wanted to do. Even at 36 years old went back to college to increase my skills in business and accounting. I thought about this the other day. How much did I remember from college? Not much that had nothing to do with what I am doing now. I still found myself trading hours for dollars. We find ourselves going in a circle and end up in the same place we started. Also, when you own a business, the business owns you. In the past year someone showed me a different way to make $$ and realize my dreams. I believe we need to teach our kids a different way of making a life, not make a living. We need to teach them leverage. We all have all types of insurances (Life, car, house, rent, medical, pet) But there is no such thing as “Income Insurance” It took me a half a century to figure it out. I finally found something that pays me what I am worth and pays me for my hard work. College did not teach me this.
    Want to know more, Ask Me How!

    • Anya

      July 6, 2013 at 12:34 am

      I’m intrigued by your story, can you explain further please?

    • Passive Income Riches

      July 10, 2013 at 1:26 am

      Hi Susan. Totally get what you are saying. However, I also think that sometimes it’s those life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. It helps you to realise what you want or don’t want to do. Perhaps that’s the journey that everyone has to go through in order to find a sense of purpose or meaning in life. Thank you for sharing your story.

  2. Stephen

    July 9, 2013 at 10:23 pm

    Very good and relevant. I hope your message reaches more people.

  3. Passive Income Riches

    July 10, 2013 at 1:22 am

    This is quite an interesting articles for a few reasons.
    The way I view it is that the overall level of education has increased globally.
    Graduating from a college or university in this era is like graduating from high school say 50-60 years ago. Getting a Masters or PHD now is like getting a college/university degree 50-60 years ago.

    I still think that there’s some value in education, but ultimately it’s how you make of that experience. Was it really a waste to go to college? Did you really learned and gained nothing out of it? Sometimes I think that it’s certain life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. Perhaps you needed the journey to make some decisions to get to where you are today.
    So, should you go to college or university or not? That’s a question that you have to ask and answer yourself.

  4. Jeanne Yocum

    December 20, 2013 at 4:45 pm

    It’s pretty clear that you haven’t set foot on any of the campuses of community colleges across the nation that are involved in entrepreneurship education. If you had, you would know that they are using experiential learning, including student business incubators, on-campus businesses run by students, business plan competitions and many other methods to help students learn the intricacies of being an entrepreneur – from opportunity identification, funding, team building, etc. Some even have what are essentially VC funds to help get businesses off the ground. All of this comes at a price that does not leave people in debt up to their eyeballs. I know this because I edit the journal of the National Association for Community College Entrepreneurship (NACCE). I can give you example after example after example of students who have benefitted greatly and are already well on their way to success thanks to the education and support they received from their community college.

  5. Rs

    January 8, 2014 at 7:54 pm

    Its a simple narrative to point to the gates and Zuckerbergs of the world who did not need a university education to make their mark. However I would argue and the data supports the fact that the majority of successful tech entrepreneurs graduated with multiple degrees from a rigourous engineering, science or computing program (google, ebay founders as an example).

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