Is Leaving College For Building a Business A Good Idea - CareerAlley

Is Leaving College For Building a Business A Good Idea - CareerAlley We may receive compensation when you click on links to products from our partners. I failed in some subjects in exam, but my friend passed in all. Now he is an engineer in Microsoft and I am the owner of Microsoft. Bill Gates What do Bill Gates, Steve Jobs, Mark Zuckerberg, Michael Dell and Azim Premji have in common other than being billionaires? They are college dropouts! Yes, these are some of the most successful people we know who dropped out of college and challenged the norms. They are billionaires not by accident, but by design. Now-a-days everyone wants to be the next Mark or the next Jobs. But one question remains. Is it worth pursing college education if some of the most successful people dropped out from even some of the top colleges? Is College Education Worth It? Of course! College education is worth your time and effort. But there is a catch. Just like anything in this world, a college degree is only as good as how you decide to use it. Even if you have a degree from MIT or Stanford, it doesnt mean that you can be billionaires. What you decide to do with the degree is more important than achieving the degree itself. In most cases, college education gives you more exposure, knowledge and importantly industry connections. Networking is one area where college education can really help you. It has a huge network of influential professors and alumni network. Now, many people ask the question, But most of these graduates arent billionaires. So why should I pursue a degree when people have proven that we can be successful without it? There is no one-size-fits-all answer to this question. It mostly depends on the person asking this question. Why everyone is not cut out to be entrepreneurs? Entrepreneurship is hard. You need to keep hustling all the time, make compromises on personal preferences, and work the first few years like no one else will work in the hopes that it will play out good for you in the long run. Not many people can carry it till the end. Those who can, usually ends up being successful You cannot identify a real problem to solve. A successful business is something which solves a real problem. Unless you can figure out a solution to a problem people are willing to pay money for, you are not in business You are not comfortable taking risks. If this is you, then entrepreneurship is definitely not for you. You need to take big risks when you are running a business. Identifying opportunities and acting at the right moment is critical for business success When can you afford to skip college education? All is not doom and gloom. What makes entrepreneurship so attractive is the challenges that comes with it. You dont need a PHD or even a college degree to become a successful entrepreneur. All you need is the ability to take risks, the mentality to push forward even when things seem horribly wrong, and the correct mindset to identify opportunities and act at the right time. If you are confident about your skills and abilities, skipping college education may be worth it. You can put the money you might use for paying tuition fees to build a solid business that solves real world problems. Over to You Now: What do you think? Is leaving college good or bad? Do you think students might be misled by success stories of entrepreneurs who dropped out of college? About The Author:Adarsh Thampy is a career expert at Jombay, a jobs platform which helps students choose the right jobs that match their career profile. This is a Guest post. If you would like to submit a guest post to CareerAlley, please follow these guest post guidelines. Good luck in your search. Visit me on Facebook