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Originally Posted by jayeff
Although I agree that education systems are designed to turn out workers and not entrepreneurs, several aspects of my education have proved very useful over the years.
I guess that depends on what you studied and on the nature of your business, but those who choose to finish their education for reasons of caution also get my vote. Unless you have a very time-sensitive idea, waiting a while to begin your business isn't going to make much difference in the long run. And like it or not you are far more likely to fail than succeed, so for most, having a Plan B is a very good idea.
There are a lot of people in this business who credit themselves with their success, but although it is true that it was much easier to make money pre-2002 than since, this is still a very, very easy industry. If you are in your early 20's now and merely riding a bandwagon to 6 figures a year (or whatever), by the time you are 30 you may well have discovered you are not quite the entrepreneur you imagined.
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Everyone talks about how easy it was to make money years back. Some people say pre 2000, in your post you said before 2002. I started in 99 and didn't start making good money till 2001, had my first complete good year in 2002 and have done a little better each year since.
I agree it is still easy (maybe not extrememly hard would be a better word, or possible, i dont think anything is easy), but can't say if it is harder now then before since I was not here before 99. I know there is a learing curve, you really need to put in your time and learn before you really have a shot at making good money.
My advice for those of you who are 18 - 20. Go to school, but work your ass off on the side. If you start making 50K+ from this stuf, but school on hold, take time off and work twice as much, keep making it while you can. If you make 100K a year now, do it. School will be there for you IF you need it when you stop making it. Who knows you might make it long enough and invest right that you will never need to go back. But i would never skip school HOPING to make a good living from this.
