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MJ DeMarco
I followed the science; all I found was money.
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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
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.â€
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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