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What would you do at 16?

MJ DeMarco

I followed the science; all I found was money.
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Try remembering this as a youngster...

full
 
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jamez1515

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I think 16 is the perfect time to live your life. I would never go for money at this stage. I would go to my college and finish my graduation. Maybe a part time job for pocket money.
 

jkennedy

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I have a friend named Temper Thompson.
He started out at 16 selling kindle books on Amazon and automating the entire process (he didn't write them).
He was making 6 figures a year at 17 and now at 19 (I think) he is doing over $100k per month from passive book sales on Kindle.

I've had the privilege to meet him in person on multiple occasions and the kid is extremely bright.
I would recommend looking him up, you'll find some of his training on how he does it and I would also try to reach out and connect with him as a friend & student.
 

MattR82

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This is interesting.. I'll try keep it short.

If you can, plan to do some travel to a foreign country when you turn 18. I didn't start till I was 27. Before that I probably would have folded straight up if someone offered me an opportunity that took me overseas or out of my comfort zone. I can't begin to stress how much of a benefit it has been to me, being a small town guy from rural Australia.

Start on a skill you can master. I like the above mentioned web developer.

You are of course probably going to need a slowlane job to kick it all off. When I look back over my slowlane career, I can see some clear as day plot points where I learned a hugely valuable lesson/skill.

A job that incorporates:
Sales/customer service/management (go for a 2ic position maybe) and professionalism (kinda weird that last one but it was the hardest lesson I had to learn and it served me well). Shit, you can pick up a lot of these skills even working as a 2ic in a retail store, and it's not hard work, doesn't need to be a professional gig. Also, if commission is involved, that will help you with your sales practice ;)

Get away from bad influences and surround yourself with people trying to do the same or that are already fastlane.

If you have a side hustle fastlane project to work on, have a go.

Skillzzz and level up! Learn those lessons as fast as possible.
 
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ravenspear

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the point is not to read information and to say " hoorray "

you can't understand things here because you haven't lived long enough

that's why parents advices are like toilet paper and are useless most of the time
because teens don't have yet the capacity to understand things


don't worry, this is the same for everydody

this topic is indeed for 40 something people who admit that they were wrong in life
not for 16 years old teen who can't understand what is said

I completely disagree with this. A 16 year old brain is plenty mature enough to comprehend virtually anything an adult brain can. The only thing they are sometimes missing is a fully developed sense of rational analysis and impulse control. This plays out in what teens accomplish and what they get in trouble with. They know how to do virtually anything they want, but they may not have enough intelligence yet to know whether they should do it, or if one path is better to take than another.

But there has been a substantial shift in the last few years to their benefit with the rise of the internet and social media. I subscribe to a guy on youtube who is 16 and another one who is 15. Why do I do this? Because they have F*cking insightful content, that's why. In a previous time would I have paid any attention to what a 16 year old had to say? Very unlikely. So what has changed? Has their biology somehow gotten way better in the last few years? Of course not. What has changed is that they have access to the same cultural firehose of information that the rest of us do, and they have just as good of a capacity to learn and communicate back good information should they choose to.

Intelligence is not just about the state of your biology or genetics. The information you receive from your environment is just as critical a component in shaping your intelligence. If I were to go to an African or South American jungle and find someone the same age as me but with no access to the outside world and give them an IQ test, there is very little chance they would score higher than me. Does that mean that they are biologically inferior? Of course not, it just means that their development was not shaped by the same cultural richness as mine was, so they were not able to develop the same capacity. It's the same reason why children in families with high socioeconomic status come out usually more intelligent and capable than children from poor families.

By the same token, younger people today have substantial advantages over previous generations because so many barriers to knowledge and intellectual development have been torn down that they can shape their minds in a more complex way at earlier ages than ever before with such a vast library of people and ideas available to them. In a previous time you might learn things from your parents, maybe few friends, and a few teachers at school. If you were really driven you might go to the library and check out a few books. Today you can absorb exponentially more data much faster and easier and from hundreds or thousands of people. This has profound implications for the potential young people can develop because early stage education is critical to maximizing your brain's potential.
 
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amp0193

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All I was doing was playing games and messing around, what a joke.

Same here man.

But it's ok.

The choices we make bring us to where we are.

No need for regrets, just move forward now that you know better.
 
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Aaron T

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What would you do if you were 16 right now?
What skills would you learn? Would you start a business? Would you go to college after graduating?
Answer these and drop any more helpful info. Hopefully this thread can help out some young entrepreneurs out there.

When I was 15 I wanted to buy the Amiga 2000 computer fully loaded. I was already programming my own games and the brand new Amiga was the bomb for its time. Amiga - Wikipedia for reference. So I didn't get any kind of allowance. I earned my money coding so I decided to code up a really nice game to submit to Antic Magazine on my then getting long in the tooth Atari 800XL. By 16 I was done with the whole program and Antic rejected the platformer style game as too long to publish. Well crap. So I made it a finished game (similar to Montezuma's Revenge if anyone remembers that one) and started to advertise it in the trade rags, at meetups, and *gasp* on BBS before the Internet as it is known today. Send me $5 dollars, prepaid postage, and I will send you a wonderful game on a floppy. Took a bit, made a few sales. Got part way to the goal when some game publisher wanna be wanted to include my game in their offerings. I sold it for $3500 and royalties. They never ever took off or published it, but I had enough for my Amiga 2000 and a bunch of games.

No, it is not a riches story, but it shows that age doesn't matter if you have the drive, a skill, and the focus. Right now, I would be a front end web developer. No one knows your age online. You can make a professional looking company with a bunch of fake names if you wanted online (see TMF book) and look older, professional. Sell your service if you can do it.

The alternative is also at 16 to suck it up, exercise humility, learn, enjoy the hell out of life. To be honest, if I could go back to 16 I would probably take more time to enjoy being a kid again. Honest. Hindsight of being older.
 

RogueInnovation

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So take away the personalised component in order to improve your focus
Have a perspective that allows for your independence and encourages it intuitively
Put aside worries and anxieties and getting tangled up in all the mess
Set simpler goals, uninfluenced by others
Figure out the rules, the boundaries, and adjust to that reality

I know what you mean
You can't let people make business into a bigger thing than it is
If in your head it is all about impressing THEM you are done for
But if it is about achieving a simple self determined goal, then who can stop you?
And if they try, they won't go unchallenged, you'll fight for your way

And money in that picture is taking the power from their hands, and positioning it in yours
And then you strategise and move and do things

Maybe thats the key to it
But also... maybe not
Either way I think its better developed than not developed
Cuz leaving it undeveloped is like having no guard up in boxing and just letting them peg you
Pivot, move, duck, dodge, weave, counter, take center ring
Don't use being a victim as part of your strategy

Be an empire of one, stay on your toes, let them come
 
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ljb7

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I started my 1st business at 16. I failed a lot that year. At 17, it picked up. I made some good change. Got hugely scammed by a friend. It failed when I hit 18. Put it down to lack of control and getting sidetracked by 1st year of college.

Left college after 6 months. Met a girl (mistake). Started a new business (ecommerce). Failed the shit out of for 9 months. Reduced to the last little bit of money I had from my previous biz. Then it turned around. Picked up. I made products from my home for almost a year to save on costs. When it grew too big, I outsourced (best decision ever).

Moved to another country at 20. Biz continues to expand year on year (7 figures now). Launching new brands left and right. I'm launching a service in my new country mid-November... Huge potential. I just turned 22.

Judging purely from my own experience of starting my journey at 16... the best advice is just to start something. Work smart and persevere. The advice is thrown around a lot... for good reason. I wasn't an 'entrepreneur' to begin with, but now my mind works like one. And you could say I'm obsessed (in a good way).

I put off things like travelling because I knew that once I got to a point, I'd be able to do it without a worry. And I did, this summer. Visited some new places. Never had to give it a second thought. Now I'm deciding on where to move next... USA? Europe? Asia?

And the funny thing is, I'm not hyper dedicated (at least anymore). My current business operates without my input (other than an hour a day, maybe). Of course, if I want it to expand I have to put in the hours, which is fine... because its fun building something that continues to spit money back at you. I've had gaps (especially at the beginning) where I put things to the side. I really got serious after failing at ecommerce for 9 months and it turning around. Being an entrepreneur is a learnt thing and I wholeheartedly vouch for that... so just start.
 
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meridian_blue

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5 things I would do if I was 16 (or recommend to a 16 year old).

1. STOP with video games, television, porn. Huge time drains, doesn't bring long-term satisfaction.

2. Get an understanding of healthy eating, lifting. Health has the best ROI of any investment.

3. Figure out my skillset/interests. Basically, what is my top 3 skills/talents? How can I get into the top 5% in these three things, and how can I combine them to make $$. One of these skills MUST be sales (persuasive communication, verbal and written). Another needs to be technical.

4. Now you decide whether or not to go to university. Does your skillset/interests has to do with engineering, finance, computer science? If so, college is a good investment (assuming you can get out without lots of debt!). Otherwise, plan to get a technical education that pays well (to fund your hustle).

5. READ. Read and learn constantly. This can be books or through forums (just make sure you're reading the right sort of material, i.e. not Slowlane).

There are more, but these are the crucial things.
 

ironman150

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Look at life as a game where your objective is to win your freedom.

You begin the game enslaved, ordained to servitude sanctified by culture, tradition, and social mores.

Your objective in the game is to escape enslavement by sorting out the rules and propaganda that govern the game, which to ignore, which to leverage, and which to defy. In this game you collect experience points (failures, successes), gold (money), tools, assets, and tweak your character skills (learning new things).

Begin knowing that your knowledge of this game is half the battle -- those trapped in the game have no idea they're being gamed.
and this statement should be taught to every freshmen in high school.
 

B. Cole

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I'd go back and start an online business called Limos.com and sell it to MJ. :playful:

Probably Ike everyone else, I would have started fastlaning a lot sooner. The main barriers of entry, fear and unknowing, kept me out like it does all slowlaners. I was there as a teenager to witness the .com explosion, and kind of knew what was going on and what was about to happen, but I continued to plug away in the wrong direction because I was scared and ignorant.

I would put more into knowledge, and look further than my family and friends for examples.
 
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Kimmy XD

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At age 16, I was already into the entrepreneurship venture. I saw potential through the internet. If I was age 16 again, I would venture out aggressively. I would have done what I am just doing now. I should've just niched my first ever blog instead of using it as a diary of my crushes and everyday ramblings. It's never too late to start, but it's always good to start early.
 

melissa_summers

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You know, I wouldn't want to change anything. It seems that I did everything right in my 16 and don't regret anything. Namely, I enjoyed life and was completely carefree, and didn't think about difficulties. Spent more time with friends and family (which now, unfortunately, happens less often).:smile2: The only thing I'd do is to delay the time because it's so fleeting. But this doesn't depend on us. :oops:
 

justonemore

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What would you do if you were 16 right now?
What skills would you learn? Would you start a business? Would you go to college after graduating?
Answer these and drop any more helpful info. Hopefully this thread can help out some young entrepreneurs out there.

>>What would you do if you were 16 right now?
At 16
#1 priority is getting into college.
#2 priorities are enjoying friends, dating(but don't get anyone pregnant), play with cars, play videogames and just enjoy life.

>>What skills would you learn?
How to study. There is a science to studying.

>>Would you start a business?
Yes, BUT. I had side businesses in college. I make a few thousand dollars. But I didn't start making real money until after college when I got a real job and it hasn't been that long and I'm a millionaire already. Your only work and focus should be school. Any free time should be spent with friends. You're only going to be young and single once. Enjoy it!

>>Would you go to college after graduating?
Absolutely! The world is way too competitive to not have an education.
Forget college, that should be implied as 'no duh', the question should be whether you should get a masters or not. You don't want to have to compete for the next 40 years with just a HS degree.


My overall advise. The world is filled with failed business owners.
Just walk down the street and count how many brick and mortar companies you see today that were the same 10 years ago. People lose their life savings and decades on failed businesses all the time. It's rare for a company to last more than 10 years. Obviously the same for online stores.
Look at how fast Amazon/Walmart/Uber/Netflix/etc killed off entire industries of businesses.

Figure making 6 figures off a business for 40 years consistently is low odds.
Making 6 figures for 40 years consistently as a computer programmer, pharmacist, engineer, etc is much more certain.
Also career changing is easier with an advanced degree.
I have a friend who's mid 40s now. His entire life he chased being famous and starting companies. He's now a security guard making peanuts. His kids are following him with pipe dreams and no skills or education. It's sad as shit to see people fail like that.

All of this sounds like I'm out of place here and like I'm saying don't try.
No. Try. Try to start 100 businesses. Try to start 1,000 businesses.
But try on your summer breaks and make it your plan B.

Never seek what you think is the easy path(just start an online company and skip 4 years of study). The easy path is full of dead souls. The hard path is full of people who are healthy and happy(but working hard).

One last thing. I think JFK was asked why he was so successful.
He said it's because most people when they graduate college stop learning.
He said, never. Never stop learning.
I just read a book today(and took notes on it) with 3 more lined up.
 
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JSM

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>>What would you do if you were 16 right now?
At 16
#1 priority is getting into college.
#2 priorities are enjoying friends, dating(but don't get anyone pregnant), play with cars, play videogames and just enjoy life.

>>What skills would you learn?
How to study. There is a science to studying.

>>Would you start a business?
Yes, BUT. I had side businesses in college. I make a few thousand dollars. But I didn't start making real money until after college when I got a real job and it hasn't been that long and I'm a millionaire already. Your only work and focus should be school. Any free time should be spent with friends. You're only going to be young and single once. Enjoy it!

>>Would you go to college after graduating?
Absolutely! The world is way too competitive to not have an education.
Forget college, that should be implied as 'no duh', the question should be whether you should get a masters or not. You don't want to have to compete for the next 40 years with just a HS degree.


My overall advise. The world is filled with failed business owners.
Just walk down the street and count how many brick and mortar companies you see today that were the same 10 years ago. People lose their life savings and decades on failed businesses all the time. It's rare for a company to last more than 10 years. Obviously the same for online stores.
Look at how fast Amazon/Walmart/Uber/Netflix/etc killed off entire industries of businesses.

Figure making 6 figures off a business for 40 years consistently is low odds.
Making 6 figures for 40 years consistently as a computer programmer, pharmacist, engineer, etc is much more certain.
Also career changing is easier with an advanced degree.
I have a friend who's mid 40s now. His entire life he chased being famous and starting companies. He's now a security guard making peanuts. His kids are following him with pipe dreams and no skills or education. It's sad as shit to see people fail like that.

All of this sounds like I'm out of place here and like I'm saying don't try.
No. Try. Try to start 100 businesses. Try to start 1,000 businesses.
But try on your summer breaks and make it your plan B.

Never seek what you think is the easy path(just start an online company and skip 4 years of study). The easy path is full of dead souls. The hard path is full of people who are healthy and happy(but working hard).

One last thing. I think JFK was asked why he was so successful.
He said it's because most people when they graduate college stop learning.
He said, never. Never stop learning.
I just read a book today(and took notes on it) with 3 more lined up.
Thanks for the input but I can tell you’re new here. Read one of MJ’s books (take notes on it). You have your paths backwards. The easy path is going to college and getting a job. That’s why everyone and their dog does it. Of course starting a business is risky and just about every person on this forum understands that. Read one of MJ’s books and read the forums a bit more and your views may change.
 

justonemore

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Thanks for the input but I can tell you’re new here. Read one of MJ’s books (take notes on it). You have your paths backwards. The easy path is going to college and getting a job. That’s why everyone and their dog does it. Of course starting a business is risky and just about every person on this forum understands that. Read one of MJ’s books and read the forums a bit more and your views may change.

You're correct, my views might change. I'm always open to being wrong and always reserve the right to change my opinion. I'm often wrong about things.

I have the Fastlane book sitting right behind me. It's on my list to read for sure. I've skimmed it for an hour, but I'll read it.

I will add if someone were to choose to skip college and try to start a business. Put in 60 hours a week, every week for 4-5 years and make it an even trade. Don't short change yourself.
Simply saying your going to start a business and then working on it for just a few hours a day IS the easy/slacker path. The picture in my head when I hear this question is some lost kid trying to rationalize not working legit hard. 4 years later will be smoking pot working at starbucks half suicidal never really having tried.

The hard path is putting in the work. Putting in the real hours. The hardcore hours. 7am to 7pm 5 days a week.
 

Eden H

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At 16?

Yes. But it snowballed into improving my writing and building discipline. Trust me, baby steps work. Just chip away constantly at what you do and never give up!

Baby steps add up over time.

a bit old, but I love this advice - in fitness long term you make small changes because not only does it add up, and is relatively easy - it has a better chance to stick around and become a legitimate part of you - lessen the resistance.

I am currently 20 and 16 doesn't seem that long ago imo - given I currently don't have major responsibilities and obligation - so it feels like being a teenager.
If I was 16, "aware of the script" perse, I would -
  • Work temp job (save more money, and learn practical business management as an employee)
  • Learn computer programming sooner
  • at the time I wanted to go to collage - researched, visited schools, studied and passed the SATs (the equivalent in my country, at least) - I wouldn't do that, it's a waste of time for me today. Collage degree is not relevant for my path anymore.

If I could talk to my 16 years old self I would say:
Time is never on your side. Time is serving no one. Don't be fooled by the vibe of "the world is my oyster "/"the world belongs to the young" bullshit.
*enter rick&morty quote here*
It's a db self-entitlement - you are no better and not worst - you just do.
For better or worst - give credit when credit is due, criticize and improve.


I would put an emphasis on self awareness at this age - much because in this age you mainly pay attention to yourself with too much concern for others regarding to less-important aspects. (read the Subtle Art of Not Giving a Fu*** by Mark Manson or books a like for an experienced POV)
 
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Tommo

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Learn sales.
Train Jiu Jitsu+Muay thai.
Read.
Relax.
Make mistakes.
Make a lot of mistakes. Fast.
Learn from every mistake.
Party it up.
Make friends.
Talk to every girl.
Join a sports team.
Tell my dream-stealing guidance counselor to f*ck off. Again.
I've done everything on your list. Not sure bjj and muay thai was best use of time though it does keep me relaxed during tense situations.Nowhere near 16 anymore lol
 

RobD88

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What would you do if you were 16 right now?
What skills would you learn? Would you start a business? Would you go to college after graduating?
Answer these and drop any more helpful info. Hopefully this thread can help out some young entrepreneurs out there.


Personally, I wasted my teen years partying too much. I didn't take school or commitment seriously. I regret that to this day. I believe in both a millionaire fastlane mentality and an education.

If I were 16 I'd think about what knowledge would give me the most controllable unlimited leverage in the future (i.e. AI programing, Amazon Alexa, robotics, driverless vehicles) and concentrate on gaining as much knowledge in that field as possible. I would also take high school more seriously and think about advancing into college or a trade school where I could learn more about my chosen field/topic.

While educating myself I'd start crafting a business idea around that knowlede...how can I leverage it into a scalable business. Then implement. I would go into my adult life with the mentality that I was going to be an entrepreneur and not work for someone else.

Man how I wish TMF and Unscripted had been around when I was 16....

Oh wait...does it matter that I'm not 16? I can do all of those things now. Thanks for the advice @DronePilot
 

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I'd live life as if it were there for me to conquer it. I'd study, party, and respect my parents.

Business can wait. I'd enjoy being 16 and not take myself too seriously.

Relax.
I like how well this was put in irony.:thumbsup:
 
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NarcoBlings

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Study to medicine and change the world or spend 100% of your time trying to go viral ob social media. Two completely different paths but both will bring you success
 

JSM

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Bump. Been seeing a lot of similar threads lately.
 

TheOrchestrator

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Knowing what I know now, these would be my priorities:

- Find books or courses on personal finance and market economics/macroeconomics (basically develop a really good understanding of money and how it works),
- Learn software development, and
- Cut off most of the losers that I hung out with in my teens, and start hanging around with older, more mature, and more disciplined individuals. who had actual plans for their futures.

Oh, and yeah, read Unscripted , lol.
 
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Saiful

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What would you do if you were 16 right now?
What skills would you learn? Would you start a business?

At 16 - select a thing and master it that matter the most. For me it should be English. Because it is my second language. Ebglish can help me to reach the mass. including this forum.
At 17- Learn Productivity
At 18 - Learn Sales
At 19- Learn Leadership
At 20- Find a problem that need to be solved and start my own business venture.
 

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What would you do if you were 16 right now?
What skills would you learn? Would you start a business? Would you go to college after graduating?
Answer these and drop any more helpful info. Hopefully this thread can help out some young entrepreneurs out there.
Honestly,Lets assume I haven't read TMF at 16(I'm 19 by the way),I would probably be wasting my time,partying non stop,gaming all the time(because of the ignorance of TMF ),but because I have the knowledge of the 3 roadmaps,i'd probably be planning my life,learning new things,taking action e.t.c.
 

Saiful

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Find something and master it.

It could be an entrepreneurial skill, a musical instrument, a foreign language, any number of things.

By achieving excellence in something you'll develop an ingrained belief that you can conquer anything you really go after.
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RobD88

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I'm 17 and I've read both TMF and unscripted . What would be your advice for me. I'm in college and I'm not seeing any need for it.

I'm assuming you mean not seeing any need for college after reading both books.

To that I will say I disagree. I do agree that taking on tens of thousands of dollars in debt for your education is not ideal. However, education is the one and only thing in life nobody can take from you. Once it's in your head it's yours forever. You own it. Someone can take your money, your possessions, even your life. Your knowledge never goes away. If you can manage to get your education without the massive debt then it is well worth the investment.

College teaches young people so much more than whatever you are studying for your degree(s). Most importantly it teaches critical thinking specifically in a group environment. College teaches social skills you will need in business. It helps you learn more about yourself and what you do and don't want out of life. On top of the education it is an experience in life that not everyone gets to have.

You will be able to network and build life long relationships, potential future resources, a support group. I am a firm believer that the college experience can be a very possitive part of building who you will become in life.
 

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