omg fred, we don't need any more people telling kids to drop out (like i did). =)
in all seriousness, I keep running into great entrepreneurs that have dropped out for one reason or another.
i've been pinged by a ton of different young entrepreneurs that ask me what they should do about their post secondary education choices while in university... lured by the glamor and freedom of doing your own thing and dropping out.
while I loved learning, i hated school. I started a number of ventures while in high school, and then got involved in my first internet venture while in my late teens during the first months of my university carreer. I decided to drop out, got lucky, and made some FU money. I'm now a few ventures later, and made a bit more FU money along the way while having a blast and learning tons.
did I learn tons more than i would have in school? hell yes. did i ever regret my decision to leave school. no. if i had kids, would i recommend dropping out to start something? hell no.
i think the whole school vs. dropout/startup thing is highly dependent on how driven an individual is -- more so than ever before..
kids growing up today have far more access to a wealth of information over the internet than I ever did (i got access to dialup internet only in my 2nd year of highschool). they have the opportunity to be a lot more savvy just by the nature of having access to the internet of today the day enter school. anyone that is under 20 today (and started going to jr. high school/middle school with net access) has a huge advantage over those that are over 20. the explosion of information that happened in the late 90s between blogs, wikipedia, vast amounts of industry journals, educational resources/videos (ex. MIT's open course ware content), underground resources for virtually any major technical or even business reference, ebay for cheap text books, message boards like these to interact with though leaders. if someone had the desire to learn a new skill or industry, there's a ton you could learn on your own. some of the best coders and entrepreneurs that I've met were a combination of being just gifted, and extremely passionate about their craft -- that also happened to be drop outs.
for young people making the decision -- the question I think they have to honestly assess for themselves is: do you really have the talent, the will to win, the maturity, the ability to thrive on adversity, and most importantly the passion for your craft that drives to learn on your own, on the go, working twice as hard as everyone else that you'll need be successful to overcome the odds that are going to be stacked against you by those that have who are better prepared with because they have the tools and the doors that open along with great schooling?
I'm sure 99.9% of the folks considering the option are better off staying in school given their odds. the challenge is figuring out if they are in the 0.1%
its late, and its been a long 20 hour day for me, so the above might not be entirely coherent... so i'll better quit while i'm ahead. =)
(this is a repost from his comment box)
Congrats to all the winners , and a big thanks to all those that have blogged about the announcement!
This was a result of a ton of hard work from the entire team, and its been a fun process getting here. Thank you for all those that voted, Cat and Julia from the FBfund team, and the judges from the surprisingly enjoyable due diligence discussions from the partners at Accel and FounderFund.
An interesting tid-bit: did you know that the 3 out of the final 5 winners out of the 25 finalists are Canadian (including me and Jeff - both Canucks!).
Go Canada! =)
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"The reason we work in this field is that we want to build stuff — fun stuff""What really drives us? The "C" word: creativity""Put the hours in; do it for long enough and magical life-transforming things hapen eventually""Do it anyway.""Remain frugal.""If you can accept the pain, it cannot hurt you.""Failure is part of the process"
Image by mhuang via FlickrOn October 28th of 2008 - just under four years after its launch - Blizzard announced that World of Warcraft had reached eleven million subscribers around the world। To put those numbers in perspective: there are more people playing WoW than there are living in Tokyo, Seoul, Shanghai, or New York City.
If Azeroth were a country, it would be the 75th most populated country in the world (right after Greece).
from: Escapist Magazine
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