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If you've done it once you can do it twice. I wouldn't go back to college, I actually dropped out from a top tier college 4 months before completing my MSc. To
by r2dnb 11y ago
If you've done it once you can do it twice.
I wouldn't go back to college, I actually dropped out from a top tier college 4 months before completing my MSc. To me there's only one good reason an informed entrepreneur would go to college : buy the alumni directory in order to have leads - not a job.
You become good at things by doing them often, do more business. Work on your business 2 to 5 hours every day and hold yourself accountable. I don't believe in MVPs but I believe in flexible revenue models, initially iterate this model as fast as you can.
http://read.reddy.today/read/4/flexible-revenue-model-vs-mvp-and-the-two-kinds-of-entrepreneurs http://read.reddy.today/read/4/flexible-revenue-model-vs-mvp...
I'll quote Donald J. Trump "Most entrepreneurs fail because they fail to see their business as their business school".
- lsc 11y agoso... tell me, are you making more from selling your 'how to be an entrepreneur' stuff as you would from working full time as a programmer at a top-tier bay area company? My experience is that getting to that level of revenue is pretty easy. Anyone can sell something if it's actually a good deal. Getting to the point where you can actually pay yourself that much? pretty difficult. My observation is that most people who got to that level as entrepreneurs got there more through the contacts they had than through their technical skills they had. Of course, not all; I can certainly come up with counterexamples to that rule. Working at a big company, on the other hand? in my experience? it's really pretty easy. most of the value of college, yes, is the contacts. But having a list of names is to contacts what one of those scammer emails promising to wire you money is to having a bunch of money actually in your bank accounts. It follows then that if I'm right that it's mostly about contacts and the assumptions people make about you, you would have gotten nearly all the value you could have gotten from your college experience if you quit four months early.
- r2dnb 11y agoI have a SaaS startup, my "how to be an entrepreneur stuff" are free ;) The answer is no ; as for today. But I believe that the difference between an entrepreneur and an employee is the number of hours an entrepreneur is willing to work for free. That being said, I also expect to start cashing in and make 5 figures a month by the end of this month. I agree that contacts are key but I also feel you don't have the right perspective here. Business is all about contacts. Even employees have contacts. The key thing is what you do with these contacts and how you seek them. Reading your comment, I have a sense that you believe a bit too much in perception, luck, and in general passive opportunity. Being an entrepreneur is about influencing people and choosing your destiny, that's why most people do it. If you think like you think, even with the right contacts you probably won't make it as an entrepreneur. Sorry if there was a communication issue, I don't think the only thing to take from college are contacts. I learned many stuff there. I actually left when I decided I learnt everything I was seeking there and it was no longer worth paying money for it. What I was saying was that when you are a real entrepreneur, college credentials don't really matter for you. Well, my impression is that what you really want is security and a constant flow of high income. However what I want is to make the impact I decided to make on the world and become rich by doing so. I'd 100 times prefer to have 50$ left after paying my bills by developing my ventures, than 6000$ left by having a 50 hours a week corporate job. It's not only about money for me, it's also about how I make it. I want my wealth to be the result of my entrepreneurial success, it's in my DNA, I am driven by that. I refused several CTO positions, and resigned days after being promoted to certain roles that you seem to be aiming for. As far as my career is concerned, I don't do it for the money, I do it for the success and I hold myself accountable to reach this success. This success is achieving wealth by delivering the unique value I can deliver to the market, using my unique insights and my unique worldview.
- lsc 11y ago>Well, my impression is that what you really want is security and a constant flow of high income. However what I want is to make the impact I decided to make on the world and become rich by doing so. I'd 100 times prefer to have 50$ left after paying my bills by developing my ventures, than 6000$ left by having 50 hours a week corporate job. I don't know where you're getting a need for security... I'll almost always take what I perceive to be the higher total expected return option, modulo emotional attachments and ethical baggage. My point is just that if you have the skills to get a big corporate programming job, that's probably going to be your highest total expected return option, even if you don't value security. when I started going into business for myself ten years ago? I could have been you, only, you know, less slick. (And "slick" is interesting, because rhetoric that plays well with one group plays poorly with another. I would have used "plain language" and I wouldn't have quoted an entertainer, but even if the words we used had different connotations, the denotations would be similar) I spent many of those years living as you suggest (having $50 left over after paying my bills... I exaggerate some... but not that much.) Sure, it was pretty exciting, but... it's also exhausting after a few years. I mean, I'm not saying you shouldn't try it for yourself, it's just that you shouldn't fool yourself into the idea that it makes any kind of financial sense at all.