4 ms·

I daresay the experience of hustling and trying to build a company is a valuable form of education even for the 80 who fail

jaclaz 9y ago
Sure, it is a form of education, but - being probably much more pessimist than you are - my invented 80 was including BOTH those that tried (with smart ideas and hard work) but failed AND those that wouldn't even try or try without ideas nor working too much hard for it. I suspect that for the latter ones (how many? maybe 20-30) that wouldn't even be educative at all.
jccooper 9y ago
Sure, but what's important from college is not education, but credentials. The credit given for having a failed company on your resume is significantly less than for a BA of any sort.
- nopzor 9y ago
  I thought the credentials showed that you had completed the (purportedly valuable) education?
  - weirdstuff 9y ago
    This is less and less the case, as weird as that sounds. I'm finishing my degree not because I'm learning anything, but too many managers (and academics) have point-blank told me they just want to see that I've been "initiated".
    - Retra 9y ago
      If you're not learning anything, that's your own decision. Paying for education is paying for access. If you're paying for access to people that you choose not to interact with, then that's it's own brand of stupid.
      - concede_pluto 9y ago
        I never met any of our professors of journalism or dance. Everyone at college is paying for a bundle of credentials and access to experts in many unrelated fields, and nobody uses all of it.
- dikdik 9y ago
  so signals. If you're talented enough you don't need signals, you just provide value. So for many people, acquiring signals is a complete waste of time and money.
hashkb 9y ago
Compared to a rigorous comprehensive education, social development, and near total lack of responsibility, starting a company at 18 is not "good" experience. 18 year olds are idiots (source: was one) and are simply not capable of managing organizations of adult humans.

jaclaz 9y ago

Sure, it is a form of education, but - being probably much more pessimist than you are - my invented 80 was including BOTH those that tried (with smart ideas and hard work) but failed AND those that wouldn't even try or try without ideas nor working too much hard for it. I suspect that for the latter ones (how many? maybe 20-30) that wouldn't even be educative at all.

jccooper 9y ago

Sure, but what's important from college is not education, but credentials. The credit given for having a failed company on your resume is significantly less than for a BA of any sort.

nopzor 9y ago
I thought the credentials showed that you had completed the (purportedly valuable) education?
- weirdstuff 9y ago
  This is less and less the case, as weird as that sounds. I'm finishing my degree not because I'm learning anything, but too many managers (and academics) have point-blank told me they just want to see that I've been "initiated".
  - Retra 9y ago
    If you're not learning anything, that's your own decision. Paying for education is paying for access. If you're paying for access to people that you choose not to interact with, then that's it's own brand of stupid.
    - concede_pluto 9y ago
      I never met any of our professors of journalism or dance. Everyone at college is paying for a bundle of credentials and access to experts in many unrelated fields, and nobody uses all of it.
dikdik 9y ago
so signals. If you're talented enough you don't need signals, you just provide value. So for many people, acquiring signals is a complete waste of time and money.

hashkb 9y ago

Compared to a rigorous comprehensive education, social development, and near total lack of responsibility, starting a company at 18 is not "good" experience. 18 year olds are idiots (source: was one) and are simply not capable of managing organizations of adult humans.