Saturday, September 26, 2009

Dropping Out of College to Start Own Business

Dropping Out of College to Start your own Business

Recently a reader of this blog has asked me a question that, “I want to Drop out from my College to Start my own Business. What is your advise? Should I drop out and start my own Business?”

Well, many youngsters and college going students around this world have the same query. In fact, Bill Gates (Microsoft), Larry Page (Google), Mark Zuckerberg (Facebook), Dhirubhai Ambani (Reliance), Subhash Chandra (Zee) and Michael Dell (Dell) are just the few examples of the drop out Billionaires.

This is the natural Entrepreneurial feeling. At some point or other, Entrepreneurs feel that, Education system is no longer effective to ensure any kind of Financial Success. In fact, if so many successful people (Billionaires) are dropped out from the college than there MUST be something faulty in the current education system.

In reality, our current century old Education system was designed by the Rich people of the 19th century. 19th Century was the starting of the Industrial Age. And the rich people of the Industrial age had designed our education system in such a way that, it can only produce Employees and Self-Employees only. It will never motivate you to be Business Owners or Investors.

And that’s why people having Entrepreneurial personality will find Education system ineffective at some point in their lives.

So in My Opinion, It is absolutely Fine of you want to Drop out from your College and want to start your own Business. There is nothing wrong in it.

But wait, if we talk about USA and other western countries than if you drop out from the college, it will be acceptable in their culture. But the Indian Scenario is different. In India, if you say your idea of dropping out from your college to your parents than I don’t think that they will support you. Because Indian culture is totally different.

So I think, you should drop out from your college to start your own Business. But before that, you should try to convince your parents. According to me, convincing parents is the hardest part in such kind of matters.

So Go Ahead…. In my opinion, there is nothing wrong from dropping out from your college. After all, you are going to develop your own Empire….!!!!

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