The TRUTH About College - You're Wasting Time & Doing College WRONG | Summary and Q&A

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August 4, 2017
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Minority Mindset
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The TRUTH About College - You're Wasting Time & Doing College WRONG

TL;DR

College can be worth it for entrepreneurs if approached as an opportunity to learn and capitalize on business prospects.

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Questions & Answers

Q: Is college worth it for someone who wants to start a business?

It depends on how the individual approaches college. If the focus is on learning and capitalizing on entrepreneurial opportunities, college can be valuable. However, if the sole goal is to obtain a degree, it may not be worth it.

Q: How can college help entrepreneurs?

College provides access to like-minded individuals, potential customers, and networking opportunities. It allows entrepreneurs to develop their business ideas, test products, and find potential partners in a supportive environment.

Q: What is the value of a college degree?

The actual degree itself may not hold tangible value, but the knowledge and experiences gained in college can be leveraged to grow oneself and one's business. It is the skills and mindset acquired that are valuable.

Q: Why do some entrepreneurs believe college is a waste of time?

Many entrepreneurs argue that college focuses too much on theory and not enough on practical skills needed in business. They believe that valuable experience can be gained through real-world entrepreneurial ventures rather than in a classroom setting.

Summary & Key Takeaways

  • Going into debt for a degree that may not lead to a higher paying job is a poor financial decision.

  • College is necessary for certain specialized professions like medicine or law.

  • Entrepreneurs can benefit from college by utilizing the resources and networking opportunities available.

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