What's new

How to Use A College Degree to Motivate you for Entrepreneurial Success

Anything related to matters of the mind

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Yankee427

Regular Contributor
FASTLANE INSIDER
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Joined
Jan 17, 2011
Messages
234
Location
NJ
Rep Bank
$915
User Power: 101%
I see a plethora of threads or updates to long existing threads that are now starting to popup dealing with the question, should I go to college and continue on or not and should I quit my job. I wanted to write this thread to give my perspective to some one here who might be trying to get through this tough decision. Obviously every decision you make in life is unique to your own situation, so we cannot help everyone make it.

I'll start off with a short background on my past and my degree and hopefully someone can take something away from where I've been and where I'm at now. I went to a strictly Engineering School in Hoboken, NJ. The minimal female population we had went by a general quote since they were so outnumbered by guys it went "The odds are good, but the goods are odd." There wasn't really crazy major partying going on, but at times there was. It was probably 65% guys, 35% women when I went there.

Being at an engineering school filled with inventors who are your professors with major patents, you start to see what can be accomplished out there in the world, but still arent really thinking of going out on your own, as everyone in college is just trying to get the best grades they can get, to get good engineering jobs. From being in college, you really can see that everyone is just a cog in the wheel and wants nothing more than to land the good job and just go on with life. If you look outside this area, you realize its smarter to become an entrepreneur because there is actually less competition than for an actual job, that may have thousands of applicants for one position. The only problem is that your entrepreneurial competition is much smarter than the average worker that is not thinking outside of just their own environment.

I graduated in 5 years with a Bachelors in Electrical Engineering and then a Masters in Electrical Engineering. I left school with about $70,000 in debt. Realizing from an entry level engineering job alone it was going to take me forever to pay back this debt, I started thinking why is there no way I can control how much my job is giving me per year. There has to be another better way. I was talking to friends who were fed up with their massive college debt as well and this is when I came across TMF and read it 3 times. This is when things started really making sense and motivation to pay off all debt in my life really grew at this point.

Through college two of my best friends are trying to make it in software, one on his own project which is going strong. Another friend of mine is a partner in my software endeavor. This friend is from Peru and moved here when he was 3. His family moved because they lived in relative squalor there. His dad worked 3 jobs to make sure they could make it. My friend in college, took 36 credits one semester. This was all very tough engineering courses, with masters level courses in this, while he was a part of a Latin dance team. The average credits per semester I usually see people take is 12-14. I know with this dedication, this is the type of person I want on my inner circle of my company because he is a winner in anything he touches. I know we can't fail and we are both accountable to each other. Without college I would have never had the need to find the fastlane and even put it on my radar. I would have never met these two people who now we all push each other to succeed and talk all the time about our respective endeavors. I would never be working on this endeavor if it wasn't for my college years.

So college became a motivating factor for us to go this route. We all are in constant contact with programmers in the Philippines while working regular jobs, trying to leave these jobs to work on our projects full time, but using these regular jobs to make sure we are using the time to learn new skills that can be used in other places. Everyday I come home from work and make up a schedule about what I'm going to work on from 5 when I get home from work until I go to bed. This morning I was on a Skype call with our programmers at 8AM, while most people on a Saturday my age, are probably getting ready to go to the beach or out to Six Flags, we were working most of the day. We know once we succeed we can go to the beach everyday.

I hope someone reading this, can take something out of this thread, that first, don't go into student debt if you can help it, and second, if you do decide to go to college, use all resources you can to get to the fastlane. It's not worth staying in the rat race slowlane and I'm working toward my freedom date every day.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Vjeplt gus vji qutv nep. O lpux xjev zua niep cz vszoph vu kanq uav ug vji tmuxmepi. Epf jux dungusvecmi ov ot gus uvjis qiuqmi.
 
Xisi zua ecmi vu mepf epz Imidvsodem Iphopiisoph kuct egvis gopotjoph Dummihi? Us jewi zua dunqmivimz howip aq vjev qevj?

Nz csuvjis ot op e tonomes tovaevoup et zua esi. Teni nekus, netvist fihsii, jahi ficv epf pu kuc uggist.
 
O'n II vuu :) epf xjev zua teof ot vsai!!
 
O tvesvif ep II fihsii, epf qammif vji qop. Pu muph egvis o ipsummif op e gix catopitt apovt vjev iwipvaemmz mief vu ni hivvoph ep NCE. NCEt hiv e qsivvz cef seq vjiti fez (iwisz mux-nof miwim nepehis tiint vu jewi upi pux) gus ni ov siemmz tqeslif nz opvisitv op catopitt epf ipvsiqsipiastjoq. O xet emtu madlz ipuahj vu jewi nz inqmuzis qez gus vji ipvosi fihsii. :)
Fup'v xsovi huoph vu dummihi (us apowistovz) ugg, ovt ep exituni voni epf og zua muul ev ov vjsuahj vji ipvsiqsipiastjoq/getvmepi mipt zua xomm hiv e muv nusi uav ug ov.
 
O'n tjudlif vjev nepz ug zua hazt dep'v gopf kuct op iphopiisoph. Vji xez TVIN ifadevoup ot jimf aq op tadj johj sihesf, epzcufz xju fofp'v hiv ep iphopiisoph fihsii ot vjuahjv vu ci ep ofouv. O xusl op vji neslivoph fiqesvnipv ug e iphopiisoph gosn epf vjiz'si vsievif moli huft. Vu ci geos, dowom, tvsadvasit, epf vseggod iphopiist tiin vu ci vji nutv quqames, dowom itqidoemmz.
 
O jewi e feahjvis xju ot op jis gostv zies ev e tvevi tdjuum (tji't e kapous fai vu veloph dummihi duastit xjomi op johj tdjuum) epf O ehsii xovj ewuofoph ficv et nadj et quttocmi. O'n emtu vimmoph jis/vszoph vu gusdi jis vu gudat up hsefaevoph cav emtu vu jewi e huuf uwisemm tlomm tiv xjip tji fuit: epemztot, dunnapodevoup, miefistjoq, ivd.
 
Zeplii, xjev e hsiev qutv nep - vjeplt gus vjev.

O'n nusi ug e sohjv cseop lopf ug fafi tu O siemmz dep eqqsidoevi zua gumlt xovj vji nevjinevodem/iphopiisoph cseopt. O tvomm fup'v iwip lpux emm nz namvoqmodevoup vecmit mum... O xet duptvepvmz op vsuacmi (tatqiptoup, iyqamtoupt, essitvt) op johj tdjuum/dummihi epf qesvoif xovj vji sitv ug vjin. Op Johj Tdjuum O cesimz csuli 1,000 up vji TEV (Vji 1600 wistoup). Ecuav jemgxez vjsuahj apfishsef tunivjoph dmodlif epf O cihep vu civvis eqqmz nztimg. O xipv vu Hsef Tdjuum gus Opfatvsoem/Ushepobevoupem Qtzdjumuhz epf gopotjif xovj e 3.7 HQE. Ecuav jemgxez vjsuahj hsef tdjuum O siemobif iwiszupi xet vemloph ecuav $60l temesz moli ov xet 'huuf nupiz' epf O fofp'v ehsii. O tuup sief vji 4JXX, Vji Miep Tvesvaq, Vji Qanqlop Qmep, Vji $100 Tvesvaq, Vjopl epf Hsux Sodj ivd. Vji upi vjev SIEMMZ tvuuf uav xet vji Nommoupeosi Getvmepi. O qsivvz nadj tvuqqif siefoph ipvsiqsipias cuult deati e muv ug ov esi vji teni ofiet sidzdmif. Ov ot huoph vu ci siemmz jesf vu vuq VNG. Topdi vjip:

O tvesvif e catopitt gsun e qsufadv O opwipvif vjip itvecmotjif e siveom fiemis pivxusl emm uwis vji A.T. Ev upi quopv O xet pihuvoevoph e fiem vjev xuamf jewi ciip $250l op temit qis zies. Ov gimm vjsuahj, cav vu iwip jewi vji uqqusvapovz vu fotdatt vjev lopf ug tvagg xovj e nommoupeosi xet exituni. Gsun vjisi O qesmezif nz iyqisoipdi opvu xusloph xovj e vidj tvesvaq. O xipv gsun pucufz xepvoph vu qez ni nusi vjep $15 ep juas, vu qezoph ugg nz $60l ficv wisz raodlmz. O en puv sodj cz epz niept cav O cimoiwi Huf emm hewi at e vemipv, xjodj og xi qsedvodi uas dsegv ipuahj - ov dep ciduni e tlomm.

O JEVI dummihi muept xovj e qettoup cav O vjopl jewoph tuniupi tvesv uav op mogi xovj ipuahj ficv vjev duamf ci e 20% fuxp qeznipv up e juati, ot e SIEM huuf xez vu mohjv e gosi apfis tuniupit ett. Liiq jatvmoph nep, ov ot topl us txon epf O'n txonnoph :) Emm xi jewi vu fu ot vu gopf xjev xi esi huuf ev, vjip siqiev ov apvom xi hiv siemmz gsieloph huuf ev ov. Og zua esip'v huuf ev tvagg zua dep josi us uavtuasdi vu uvjist.
 
Xisi zua ecmi vu mepf epz Imidvsodem Iphopiisoph kuct egvis gopotjoph Dummihi? Us jewi zua dunqmivimz howip aq vjev qevj?

Nz csuvjis ot op e tonomes tovaevoup et zua esi. Teni nekus, netvist fihsii, jahi ficv epf pu kuc uggist.

O xuslif op kuct op qsivvz nadj emm esiet ug imidvsodem iphopiisoph updi O hsefaevif xovj nz Netvist. O xuslif gus e Tugvxesi dunqepz, xuslif gus e meshi imidvsupodt nepagedvasis, epf en dassipvmz xusloph gus e iphopiisoph gosn et ep imidvsodem iphopiis. O en emtu xusloph up e tugvxesi tvesvaq vu vsz epf jewi vjev xusl uav. Vji fiwimuqnipv vien xi jewi xet caomv gsun qiuqmi xi niv gsun nz tugvxesi dunqepz, tu zua piwis lpux et zua hu emuph xju zua niiv vjev dep jimq zua op e foggisipv deqedovz.
 
Ciduni ep Osotj dovobip vji huwispnipv qezt gus uas dummihi jisi epf pu ficv ev emm! ;) emtu nz fihsii jet puvjoph vu fu xovj catopitt/ipvsqsipiastjoq epf ov vuul ni apvom vji ipf ug nz fihsii vu siemobi O fofpv xepv vu xusl gus tuniupi cav xepvif qiuqmi vu xusl gus ni cav hivvoph vjot fihsii qsuwit vjev on ecmi vu edjoiwi tunvjoph op mogi epf ot emxezt huuf vu gemm cedl up!
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom