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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 06-05-2006, 12:18 PM   #16 (permalink)
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The numbers tell the story...

The stats make it pretty simple. High school graduate, on average, make quite a bit more than those without high school degrees. With each degree (associates, bachelors, masters, doctorate) you potential to make more money goes up. Of course, this is in the conventional world, but like it or not, us entrepreneurs depend on that world for customers and as a backup if our own ventures fail.

What I'm trying to say is, you are setting yourself up for really hard times when your business goes belly up (I am not a pessimist, but it probably will.)

I wish good luck. Just remember that if you had the degree, you would need less of it.
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Old 06-05-2006, 01:14 PM   #17 (permalink)
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Quote:
Originally Posted by Drew
I'm going to have to play both sides of this argument.

Education is the foundation of any successful businessman, whether they are formally or street educated. It is much easier to get a formal education, but far more expensive. However, if you look at the list of world billionaires, very few of them have college degrees, and many of them didn't even finish high school (Richard Branson, for instance). I think the truly revolutionary business mind is bored in a classroom. I wouldn't bet on your being one of them...nothing personal, but you do have about a one in a billion chance of being the next Richard Branson.
precisely, excellent point.

in dropping out of school - look at Branson.

the man has understood risk management from day 1.

if something fails - and it will - the virgin group always has plans a , b, and c

you only have plan A, and there is no evidence (i.e. track record) to believe it'll work.

so what's plan b?
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Old 06-05-2006, 01:26 PM   #18 (permalink)
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Quite frankly, with no business experience and an extremely arrogant attitude, his business will fail - and terribly. The only question is merely, "When will it happen?".
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Old 06-05-2006, 01:29 PM   #19 (permalink)
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Hey everyone!
First off, thank you SOOOO much for all your comments! Even the negative ones! I lurrved reading all the responses .

I wasn't going to post anything here so early, but I just had to when i read some of the posts! I'm too impaitent

To answer some of the things said here :
Quote:
Originally Posted by Frenchiexno1
mm interesting one - the fact you didnt suceed at school, and the fact you think you are better than everyone, although failed in basic subjects does not bode well.
Well, first off maths isn't a basic subject. Yes, it is, when you're talking five grade maths (addition, substraction, multiplication) but not grade 10 maths (geometry, algebra, trignometery, aaah!). Plus, if someone is going to be.. say, a lawyer, then wether or not he did well in chemistry wouldn't matter in his professional success!

Quote:
Originally Posted by jhhardin
What I'm trying to say is, you are setting yourself up for really hard times when your business goes belly up (I am not a pessimist, but it probably will.)
Heh, i know where you're coming from. I could give you a couple of facts based on why that isn't true for me, but I'll just bore you and everyone else reading this! PLUS, I sort of want to stay away from the public opinion of me. So i'll let you all think what you want, and let my results speak for me

In the end, I LURRRVED this post:

Quote:
Originally Posted by matt_16288
Callmex. This could be the be decision you have ever made OR this could be one of the worst decisions. You will have have to work jolly hard, and all i can say is GOOD LUCK!
Thanks!!
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Old 06-05-2006, 01:39 PM   #20 (permalink)
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Again, you certainly have the initiative, but take my heart-to-heart advice and tone (way) down the arrogance - I see that as your biggest stumbling block right now. You can learn alot from others - make sure your ears are open so you will.
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Old 06-05-2006, 01:45 PM   #21 (permalink)
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well... at least he's got conviction.

Wish you luck. Also, for whatever reason you decide not to attend a school, that does not mean you shouldn't be reading. All successful people I know are information gatherers. They love to read. Period.

Start off with books that will prepare you with business world... some of the great books that were mentioned in this forum are..

The E-Myth Revisited - Michael E. Gerber
Think And Grow Rich - Naploean Hill
Unique Ability: Creating the Life You Want - Catherine Nomura, Julia Waller, & Shannon Waller
The Magic of Thinking Big - David J. Schwartz, Ph.D.
The Power of 2 - Anthony C. Scire
How to Sell a Lobster - Bill Bishop
QBQ: Question Behind the Question - Jogh G. Miller
Emotional Learning - Jim Harris
Blind Curves - Jim Harris
Double Your Contacts - Michael J. Durkin
The Serving Leader - Ken Jennings & John Stahl-Wert
How to be Rich - J. Paul Getty
Building a #1 Business Team - Blair Singer
You, Inc. - Burke Hedges
The Tipping Point - Malcolm Gladwell
Freakonomics - Steven D. Levitt & Stephen J. Dubner
What rich people know and desperately want to keep secret by Brain Sher
The Business Inside by Chris Venn
Conversations with the Greatest Networker in the World by John Milton Fogg
The Creative Business Guide to Running a Graphic Design Business by Cameron S. Foote
The Party's Over : Oil, War and the Fate of Industrial Societies by Richard Heinberg
The Warren Buffett Way, Second Edition by Robert G. Hagstrom
The Motley Fool Investment Guide : How The Fool Beats Wall Streets Wise Men And How You Can Too by David Gardner, Tom Gardner
The Little Book That Beats the Market by Joel Greenblatt
You Can Be a Stock Market Genius : Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt
When Genius Failed : The Rise and Fall of Long-Term Capital Management by Roger Lowenstein
Benjamin Graham on Value Investing : Lessons from the Dean of Wall Street by Janet Lowe
Trump: How to Get Rich by Donald J. Trump
The Only Investment Guide You'll Ever Need (Only Investment Guide You'll Ever Need) by Andrew Tobias
The Intelligent Investor: The Definitive Book On Value Investing, Revised Edition by Benjamin Graham
Losing My Virginity : How I've Survived, Had Fun, and Made a Fortune Doing Business My Way by Richard Branson
How to Win Friends and Influence People by Dale Carnegie
Think and Grow Rich by Napolean Hill
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I probably read about half of them. I highly recommend you go through all them.

Best of luck to you.
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Old 06-05-2006, 01:57 PM   #22 (permalink)
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if I were you I would finish high school..not sure if that's high school in the US. Getting a HS degree (in the US) isn't too impressive. Most people prefer and go for a college degree. You just got to man-up with math or w/e. You should have something to fall back on or i'll see you in McDonalds in a few.
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Old 06-05-2006, 03:44 PM   #23 (permalink)
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So young... so gullbile

Anyways, personally I would have at least finished high school. Dropping out of college is a different story, but everyone should graduate high school.

I don't know what to think of this guy. I hate to put anybody's dreams down, but then again OP, you seem way too arrogant without anything to back it up (let alone a high school diploma) Best of luck to you though, and i'd love to see a one year update on your progress. Remember though, stay humble. You can talk all the bullsh*t about yourself you want, but eventually people are going to get sick of it if they dont see results.
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Old 06-05-2006, 04:42 PM   #24 (permalink)
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Quote:
Yes, it is, when you're talking five grade maths (addition, substraction, multiplication) but not grade 10 maths (geometry, algebra, trignometery, aaah!). Plus, if someone is going to be.. say, a lawyer, then wether or not he did well in chemistry wouldn't matter in his professional success!
It may not matter for professional success, but way too many people miss the point of learning these subjects (math and the sciences). Its not to make you a better chemist or mathematician. Its to develop critial thinking and problem solving. The problem solving/thinking skills you learn by mastering subjects such as these will be used every day in many arenas - and you wont even realize it, because there wont be an equation, atomic number, sythesis sequence, or universal constant in site!

The other side of this: There is nothing wrong with dropping out of school as long as you have a plan to self educate~
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Old 06-05-2006, 04:46 PM   #25 (permalink)
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good point Jerimi
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Old 06-05-2006, 04:56 PM   #26 (permalink)
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Did you drop out of high school or college? You've got the confidence. And you've already started to act on your new plans. I won't tell you it was a bad idea to drop out or that you're not being realistic, or even that you are too confident.

I'll just say, it's better to do something crazy and regret that than regret not ever doing anything at all! Even if you completely fail, you'll still be young! And with your attitude, nothing can stop you.

I read that book too. Along with about a dozen other books like it. Good stuff. Good luck!

PS - you better keep your business and your blog updated and interesting!
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