Dropouts are running the place

by 53X11 on October 24, 2011

The New York Times has a interesting piece up today (link here) about how some college dropouts go on to make millions and billons (at times). One of the most interesting points the story makes is that the often quoted about 80% of the jobs created are in small business, actually the vast majority of jobs are created by START UP businesses, not small businesses. This point leads back to the idea that traditional American schooling actually is based on removing some of the key skills required to start a start up business – risk taking, failure, creativity, actual sales, and networking skills.

I agree with those ideas to a point, but I would add that the key point to success is drive (which can be found in college dropouts, college graduates, blue collar workers, illegal aliens, and drug dealers) and if someone has drive and a idea they will succeed.

The point of the article, that we need to develop better entrepreneurs and not stifle so much within the nature of people via standardized education (a point that I only partially agree with), is well taken, but I am concerned that too many people who lack drive will read it and decide that they can be the next Jobs, Gates, and Zuckerburg (all people who were smart enough to go to and succeed at college mind you).

Leave a Comment

Previous post:

Next post: