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Why the Founder of PayPal Wants You to Drop Out
What a perfect description of Fastlane ideology ...
Peter Thiel is the ultimate Fastlaner.
Why The Founder Of Paypal Wants You To Drop Out & Start Up! « TheBizcoachblog.com
The Thiel Fellowship has just announced that it will pay would-be entrepreneurs under the age of 21, $100,000 in cash to drop out of school.Thiel made his feelings clear about American universities which, he believes, cost more than they’re worth and hinder what really matters in life, namely achieving the American dream. His scholarships are meant as an escape hatch from what he feels is a trap; institutions of higher learning that create conformist robots who conform and do what they’re told rather than free thinking creators of their future.He purposely hit on what he feels to be a deficiency in the educational ideology where students are taught to be good employees, with false expectations that they will make $100,000 right out of college. He stated that they are then shackled with a quarter of a million dollars in educational debt and then seek safety in corporate America. He proposed that following this ideology hamstrings an entrepreneurial path when to become an entrepreneur “people need to take risks. They often need to do things where they get paid less than they could earn elsewhere. To start out with enormous amounts of debt that becomes very hard to do.”
He stated that his aim is “to target people who’d like to become entrepreneurs and see if there’s a way to mentor that process along.” Thiel’s program is premised on the idea that America suffers from a total neglect at fostering entrepreneurship, not only in the classroom but in our culture as a whole.
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Damn, too old. Oh well, good luck to all the under 20 year olds!
My Personal Mission Statement: "I will be a leader in every part of my life by always having integrity, by being powerful, and by being unreasonable in every endeavor I wish to pursue. I will do my best to separate what happened from my interpretations. Lastly, I will always remember that all human beings are perfect.”
30 kph
What a fantastic opportunity.
I dropped out of college with a 0.68 gpa (hey....I had to find out what beer and sororities were all about. =)
And I've been an entrepreneur ever since I was 18.
Many pitfalls....many mistakes.
But boy was it worth it.
I encourage everyone under 21 to apply to an opportunity such as this.
Henry Ford designed the American education system and he did it in order to "clone workers" for his factories.
I've learned more off of Google and conference calls, than any 4 year university could of "taught me".
~Free Your Life, Live Your Dreams~
Justin "Broker" Jones
60 kph
PARKED
^^^^^^^^^^^Originally Posted by Oceanside
Are we related bro? Ha, story of my life.
^^^^^Henry Ford designed the American education system and he did it in order to "clone workers" for his factories.
That is parallel to the idea that I'm writing about for the essay.
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could of = could have. I guess Google and conference calls couldn't teach him basic grammar. Maybe it was a mis-quote by Oceanside, but I find it ironic none the less!I've learned more off of Google and conference calls, than any 4 year university could of "taught me".
~Free Your Life, Live Your Dreams~
Justin "Broker" Jones
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