10 Reasons Why Entrepreneurs Should Never Enroll In College

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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

The 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

You 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

Do 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

In 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

College 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

You 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

College 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

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

As 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

Entrepreneurs 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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34 Comments

1. 

   AG

   December 16, 2012 at 8:27 pm

   I don’t believe that all career paths need a piece of paper. For the people that said you need to go to school to figure it out. Well I will give another point of view. Almost every single person that I went to HS with that attended a 4 year college is now in a dead end job. With the exception of one lawyer, a couple teachers, and a few in the medical profession. Those of us that skipped the wasted time of a 4 year degree are self employed. Most of us in art & music. The others in construction. While a degree will in fact get you a job its not necessarily a good one.

   Reply
   • 

     Jeannette Williams

     December 16, 2012 at 10:00 pm

     Maybe not, but there is nothing wrong with an educated society. A piece of paper won’t promise you a job, but it will give you a sense of pride about yourself and that’s priceless!!!!

     Reply
2. 

   Lucas Williamson

   December 28, 2012 at 5:37 am

   As an entrepreneur currently running a small business while preparing the launch of a second brand/venture im the same wrestling market (scholastic) an going to school full time.. I completely agree with every point. But still i am still trying to juggle both running a start up and going to school. My parents, mother mostly has been biggest influence to continue with school. As for me i see benefit in both because I am working on my BSD in industrial design and im currently designing and preparing to launch these wrestling products into the market. Where s the line you ask? Well i would say once it hits the level of profitability that i can manage all those school loan bills. Then again I ask myself how much of school i can continue to put up with knowing what I have learned from getting to where im at.

   Reply
3. 

   Ron

   December 28, 2012 at 5:49 am

   I’m not a college graduate, I knew nothing about starting a business. My number one rule is, talk to other business people who have been there and done that. You can always tell the real successful from the ones who are not. Truly successful people will tell you everything you need to know and not fear the competition.

   Reply
4. 

   Simon Ipinge

   December 28, 2012 at 5:55 am

   Maybe in a Developed economy, one does not need education. But in a third world country..if you don’t get education or get to rub shoulders with fellow University students, who will soon be in positions of power then your chances are pretty much doomed before you even begin. In the third world you are not born speaking the language of English..you have to learn it, and of course business is done in that language.

   Reply
   • 

     WASEEM TAHIR YOUGOVI (@WTY_D)

     April 7, 2013 at 11:03 am

     agreed

     Reply
5. 

   TJ

   January 4, 2013 at 5:43 pm

   I completely agree with this post. Everything I’ve ever tried in college never worked for me because It was never meant for me. Feels good to be an entrepreneur

   Reply
6. 

   Nope

   January 22, 2013 at 10:27 pm

   This is a completely bs article. The author assumes that Bill Gates and Co are some sort of norm. Let me assure you, they are far far far exceptions. People who drop out or do not go to college do not do well. Sure, some might end up more creative for it, and even do something awesome, but to assume this is normal is idiotic at best.

   Entrepreneurs need to be able to think creatively and harness their creativity into real world products. There are plenty of institutions that understand and foster this. Maybe the author went to a state school and learned a trade but to generalize college as such is ridiculous.

   A final point, companies like Vemma are not bringing in “entrepreneurs” as they try and promote. Selling somebody else’s product is not and never will be entrepreneurship. It is a sales job like every single other one, you are rewarded based on how much product you sell. Bringing people in to sell under you (while almost a pyramid scheme) is also not entrepreneurship. Just like a COO of a big company does not claim to run his own company when he hires a new employee or starts a new division. Reps for these LLM companies do not realize that nobody cares if they make a bunch of money, its the fact that they try and manipulate their friends and family into working for them that is annoying as hell.

   but ya dumb article.

   Reply
7. 

   jonathan

   January 30, 2013 at 4:29 am

   Some of the sentence structure in this article makes me think the author could have benefited from some college-level english instruction.

   Reply
8. 

   MANGALISO NKUNIKA

   April 18, 2013 at 1:19 pm

   This is right and wrong at the same time.do you go to college to train your insticts or your social life?

   Reply