The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Should I go?


  • Total voters
    4

Thomas Baptiste

Guide Yourself!
Read Millionaire Fastlane
Speedway Pass
Jun 8, 2018
163
262
177
Commonwealth of Dominica
I have been presented with the opportunity to go to a specific college in the USA via a government sponsored scholarship to complete a bachelors degree in a field of my choosing. Should I take up this offer? Should I pause my fast-lane business setup for this? I've made 0 sales thus far, but i'm now starting to encounter leads. Honestly, I would like any thoughts on this.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Bekit

Platinum Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Aug 13, 2018
864
4,029
983
I don't have any answers, but here are some questions for you to consider...
  • Is it 100% paid for? Schooling plus housing plus living expenses?
  • Can you pick any bachelor's degree?
  • Is there a bachelor's degree that would be relevant to your fastlane business? (Even something like marketing or business development would probably not hurt. In my opinion, the ONLY context where it makes sense to get a degree is when you already have a long-term goal and the degree is part of the path to help you reach your goal.)
  • Can you continue to develop your fastlane business while you're pursuing your studies? (College is not that big of a workload, so I don't see why you couldn't.)
  • Are there connections that you could potentially make while you're in the US that would help you down the road?
  • Would possessing a degree grant you legitimacy in the eyes of key players that are relevant to your fastlane biz? (and the flip side: Would the LACK of a degree ever deprive you of opportunities that you should have been able to grasp?)
Here's a 4-step rubric that I use when I have a decision to make...
  1. What's the best thing that can happen if I choose option A?
  2. What's the worst thing that can happen if I choose option A?
  3. What's the best thing that can happen if I choose option B?
  4. What's the worst thing that can happen if I choose option B?
If you put some deep thought into each one, you can often break through the clutter and see things that help you to make the decision.
 

Thomas Baptiste

Guide Yourself!
Read Millionaire Fastlane
Speedway Pass
Jun 8, 2018
163
262
177
Commonwealth of Dominica
I don't have any answers, but here are some questions for you to consider...
  • Is it 100% paid for? Schooling plus housing plus living expenses?
  • Can you pick any bachelor's degree?
  • Is there a bachelor's degree that would be relevant to your fastlane business? (Even something like marketing or business development would probably not hurt. In my opinion, the ONLY context where it makes sense to get a degree is when you already have a long-term goal and the degree is part of the path to help you reach your goal.)
  • Can you continue to develop your fastlane business while you're pursuing your studies? (College is not that big of a workload, so I don't see why you couldn't.)
  • Are there connections that you could potentially make while you're in the US that would help you down the road?
  • Would possessing a degree grant you legitimacy in the eyes of key players that are relevant to your fastlane biz? (and the flip side: Would the LACK of a degree ever deprive you of opportunities that you should have been able to grasp?)
Here's a 4-step rubric that I use when I have a decision to make...
  1. What's the best thing that can happen if I choose option A?
  2. What's the worst thing that can happen if I choose option A?
  3. What's the best thing that can happen if I choose option B?
  4. What's the worst thing that can happen if I choose option B?
If you put some deep thought into each one, you can often break through the clutter and see things that help you to make the decision.
Very helpful insight. I appreciate this a lot.

The way things are set up, tuition and housing are paid in full; I only have to pay living expenses (food) which will be affordable. Yes I can choose any degree which is really the selling point of this to me. Given the nature of the venture that I have right now, I feel economics is a good way to go. The knowledge will be helpful surely, but I'm wondering if it would rival the potential experience I would have gained in the years I spent actually doing business. I mean honestly, the potential relationships I may build in the USA outweighs those I may build locally. Staying here and doing business could get me results, however I'm wondering whether this opportunity may get me better results much quicker in the future.
 

MTEE1985

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jun 12, 2018
658
2,681
652
Arizona
Very helpful insight. I appreciate this a lot.

The way things are set up, tuition and housing are paid in full; I only have to pay living expenses (food) which will be affordable. Yes I can choose any degree which is really the selling point of this to me. Given the nature of the venture that I have right now, I feel economics is a good way to go. The knowledge will be helpful surely, but I'm wondering if it would rival the potential experience I would have gained in the years I spent actually doing business. I mean honestly, the potential relationships I may build in the USA outweighs those I may build locally. Staying here and doing business could get me results, however I'm wondering whether this opportunity may get me better results much quicker in the future.

Like every post @Bekit writes I can’t add much, but I’ll try.

If you can choose the degree and it’s paid for...100% absolutely do it given where your business is at. You should be able to continue to work on the business and as she said, major in something that will help you in your future pursuits.
 

Thoelt53

Gold Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Dec 8, 2016
706
2,062
555
Boston, MA
MJ wrote an excellent post pertaining to this very topic:

GOLD! - Sorry, But the Forum Can't Make Your Life Decisions For You!!

With that being said, take any advice you get on this topic with a grain of salt. Ultimately you need to choose what you want and for your own reasons.

You're plenty young enough to try many things and figure out what you want from life. From what information you've given us, it sounds like attending college in the US is of relatively low risk for you. There isn't much to lose (no student debt accrued), and plenty to gain (knowledge, networking, experiencing new cultures, etc).

From a networking perspective alone attending college in the US sounds like it could benefit you immensely.

BTW, I had never heard of Dominica until today. No idea what daily life is like there, but from Google images its beautiful!
 

Sponsored Offers

  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Thanks for clearing that up. What do you recommend for those who are still in the process of...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
I thought I would post up the first video from the newest 2021 program content... Just a...
  • Sticky
MARKETPLACE Kill Bigger Incubator
I have not offered one of these in a while, but it looks like I have time to take on an...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Hi Lex, I looked at several options including Kajabi and settled on the Divi theme on Wordpress...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Are you looking for a new, lesser-known but potentially very lucrative source of leads to your...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
The story is BASED UPON a true story. The details aren't entirely accurate or from a distinct...



Forum Sponsor

Grow an online business:
- Start immediately!
- Master business skills!
- 100+ Fastlane students enrolled!
Review & Details >

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom