Education or Entrepreneur?

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There is much talk regarding the value and return on investment of a college, graduate or post graduate education. John Stossel offered a question of whether a $100,00 investment in starting one's own business or investing in an education would be more valuable.

What does the online community think?

Thank you.

Dr. Cheryl Lentz
#education #entrepreneur
  • Profile picture of the author fastreplies
    @DrCherylLentz

    You do realize that you made post in "Marketing Discussion Forum"?

    Nah, I don't think so



    fastreplies
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  • Profile picture of the author Frank Donovan
    Did Mr Stossel explain why he considered this to be an either/or question? And did he define what he meant by "valuable"?

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  • It all depends on the individual. One person may be a more natural born business entrepreneur than the other, and could succeed in their business venture by investing $100,000 or less, whereas the other person may fail miserably and would have been better off investing the $100,000 into formal education.

    There are tons of lists online of entrepreneurs who succeeded and built million and billion dollar companies without a college degree, and I'm sure that in this day and age where having a degree does not necessarily guarantee a great paying job/career, many folks choose to invest in a business idea instead of formal education.
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    • Profile picture of the author TatiW3B
      Originally Posted by stoltingmediagroup View Post

      It all depends on the individual. One person may be a more natural born business entrepreneur than the other, and could succeed in their business venture by investing $100,000 or less, whereas the other person may fail miserably and would have been better off investing the $100,000 into formal education.

      There are tons of lists online of entrepreneurs who succeeded and built million and billion dollar companies without a college degree, and I'm sure that in this day and age where having a degree does not necessarily guarantee a great paying job/career, many folks choose to invest in a business idea instead of formal education.
      Wholeheartedly agree here. It really depends on the individual, and also the situation. Now on the other hand if a non-savvy person takes that $100k and invests part of it into a business and the rest into related education (whether traditional education or mentorship related to the business), that could be a different story that may not end in failure.

      Again, it depends.
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  • Profile picture of the author eklipz316
    I took the entrepreneur route but it depends on the person. Some people need more education than others before they get started and some prefer a more hands on approach rather than learning from the book.
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