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As someone who dropped out of college to start a company and successfully exited, I wanted to give my personal perspective on this. Dropping out of college mad
by glock_coma 14y ago
As someone who dropped out of college to start a company and successfully exited, I
wanted to give my personal perspective on this.
Dropping out of college made me more successful than I would have been in the short/medium term, but closed a lot of doors for in the long term which I spend a lot of time often thinking about. Although it's quite possible I could go back to college and finish my degree, the opportunity costs for me now are a lot higher; I will most likely never go to grad school. I was quite fortunate to create a business with a great idea and an easy execution; however, looking back, I could of easily chosen something that wouldn't of worked. It's only with my greater maturity now that I can see how lucky I was.
On the flip side of the token, if I hadn't dropped out of college, I probably would be slaving away in a consulting/investment banking role and never would of gone down the startup route. I would not be as happy/wealthy as I am today and I probably wouldn't be as mature as I am now. I understand my limitations/vulnerabilities and strengths better as a result today.
Although I'm happy with my decision, I have been having a sort of a midlife crisis at this point.
All through life, there's always something ahead. In middle school, you have high school. In high school you have college; and theoretically in college, you have some kind of first job. After your first job, you get promoted/transfer to higher paying jobs etc….
For someone who drops out of college, the path can be a bit ambiguous. I've sold my first company and I'll most likely start another company soon, but what happens after that? Do i continue starting/selling companies for the rest of my life? Do I end up just becoming an angel investor/partner at a vc firm? Or do i just retire now and do all the fun/creative projects that I wanted to do as a kid? I guess I'm still searching…
I'm still searching because the toughest problem of my life wasn't to drop out or stay; that decision was easy. The toughest problem of my life is something I've been delaying solving and which I should of tried to solve sooner and which I may never solve.
The toughest problem of my life will be to learn and choose what makes me happy.
- 2pasc 14y agoYou have the toughest problem in life - which is choice. You have an advantage - you have time (in money). Surround yourself with a diverse group of people from different age groups (people in their twentys, in their thirtys, in their fourtys) and use them as mentors and peers. it will be extremely useful. If you live in Silicon Valley, it should be pretty easy to find a diverse group of good people.