Why You Should Dump Your College Degree!

Dan Willis argues that for most millennials, a traditional college degree costs too much and teaches too little compared to entering the workforce, apprenticeships, or online platforms like Udemy. He exempts fields like medicine and law that legally require formal training, and says success depends on demonstrable results, not a diploma.
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It's 2018, it's a new year, students are looking to go back to the classroom, and this is why you may want to consider dumping that college degree. For those of you that don't know, shooting a video here every day Monday through Saturday for the full year of 2018. We started in December and we've seen some amazing response from this, people getting involved in the Chat, 100 subscriber milestone reached. So having a blast with that, guys. Learning some new things, gonna be playing with Adobe this month, see if I can't take the videos to the next level. But if you are an entrepreneur, you're a millennial that's looking to get into a startup business, you wanna get into the world of business on your own, then this is the place for you. We're gonna put out daily videos that are motivational or skill sets, tools, tips, some interviews down the road. But this is the place for you if you are looking to get into a world of business and you just want some help to get there. But for today, guys, we're looking at college degrees. Are they worth it? This question is often a touchy one, and I understand why it is so touchy. It comes down at the end of the day to dollars, right? It's a massive industry, the education industry, and there are many people that are out there that are devoted To sustaining the industry. To you guys, I say, we've all got our business and you've got yours, and I understand why you're defending it, okay? No harm, no foul, I get it. In regards to the people that are shelling out the coin for the college or university degrees though, this video is for you. 20, 30 years ago, a college degree was an essential tool to get you a job in the workforce. Of course. The message that you got was this: if you go get the degree, you invest the time and the finances to get it, well, then you can rest assured that when you leave college, there will be a job waiting for you. No question, no harm, no foul. That promise today, if somebody makes you that promise, is ultimately a lie, with the caveat of if you go into an academic field of study. So if you go into something like a mechanical engineer, a physician, a lawyer, there are jobs in an academic field of study for those of you that go to college. So that aside, for the rest of you guys that are out there with your liberal arts degrees, your business degrees, the question is, is the massive investment that you guys are making into your college degree, both time and finances, gonna pay out at the end of the day? Now, I could go back and forth on a whole bunch of stats and details, and the reality is you got to go with what you know. You got to go with what you've seen in the industry. So I've worked with many companies, we've hired many people, and the reality is at the end of the day, a college degree means bupkis, nada. A college degree in the business world, advertising, marketing, product development, whether it's a service or a product, doesn't matter. In the business world, your college degree means Extremely little, and it's definitely not worth the $40,000, $30,000, $20,000, $15,000, $10,000 a year you're gonna invest into it. It just isn't. You're not gonna see a return on that investment. Here's why. You get your college degree, you walk out into the world, and you say, here I am, world. I'm ready to be amazing. I'm ready to do something that is gonna blow the world away. And the world goes, great, what have you done? And ultimately, all you have to show is this piece of paper that says you know how to do something, but you don't have a ton of results to indicate that you can actually do what that piece of paper says you know how to do. This is the big divide between academics and the real world right now. Okay, so somebody who goes to college gets their degree. That's 4 years, 4 years plus at 40 to We'll say $10,000 to $40,000 depending, okay guys? So at the low end, you're dropping $40,000 over the entire time of your college term to acquire this piece of paper. On the flip side, you've got those that don't go into college. They enter the workforce at an entry-level position. They work their way up over 4 years while earning income. Immediately, there's a clear advantage, right? No $40,000 debt as far as the people that entered at an entry-level position. There are added advantages to that entry-level position, and I'm not even touching entrepreneurs yet, guys. I'm just talking about those that go out and get the job at entry level. They've built a rapport with the people that they're working with. They have proven evidence that they can deliver, if they can deliver, and they've acquired knowledge in the workforce that is invaluable and would not have been provided in an academic setting. So what we've got is Book smarts, street smarts, age-old conversation, right? Take it to the next level. Let's go into entrepreneur mode. Entrepreneur mode, you have to be self-driven. It's an inevitability. If you are not a self-driven individual, to be an entrepreneur, it's just not gonna work for you. You have to be the one pushing your own buttons, pushing yourself to learn, pushing yourself to apply what you've learned in new and innovative ways. If you are in a university setting, you have been pushed by someone, whether it's your parents, your teachers, Your bank account to perform for the last several years. The reality is, once you're out in the real world, people wanna know that you're gonna push yourself, which is something that, again, it comes back to the proven street value of what have you done? What are the projects you've accomplished? So, you'll walk out of college with your degree, but you'll find yourself in a place where now you've gotta start where the people 4 years ago began. It ultimately leaves you without much of value for that college degree that you've put in. So what do we do with this, guys? What's the information that we take from this? One, if you haven't attended college yet, really take a look and see, do I need to attend college, or is there opportunity in my industry, my field, my niche of study that I can pursue outside of academia? If the answer is yes, pursue it. That's the be-all end-all of it. Pursue it. You will save an immense amount of time and money if you can find resources available in the general world, whether it's in the workforce or Udemy or Khan Academy or mentorships or apprenticeships or internships, whatever it may be, guys. If you can show that you can do the work in the real world without a diploma, you should go do it. That's just the reality. There's no value proposition for you in going to college. Now, if the answer to that is no, I can't find a place outside in the real world where I can acquire the knowledge that I need to do what it is that I want to do. This is mind check part two, right? If you can't find that, the question is how hard did you look first? Because most industries out there in the business side of things, not academia, in the business side of things. There are resources out there for you. You just have to work hard, all right? So do that check. Am I being lazy in my search or not? Last but not least, if you still come with, no, there's nothing there, then academia is something that you are gonna have to take a look at. And I come back to that of my heart surgeon has to be an academic. You have to go to university for that. There's no internship program right out the gate for a heart surgeon. Same with your attorney. If you have a corporate attorney, you know that he's studied for however many years in order to have the knowledge necessary to perform the task he has to perform. Now, really take the time to analyze though, guys. This is not me putting you down. That's you before you've even gone into school. Next, if you're already in college and you're taking a look at what you're doing and saying, the knowledge that I've learned, am I applying it? Am I doing something with it? Is it of value? You really need to come to one of two conclusions. One, yes, what I am learning I'm applying right now and I'm seeing value in it. Okay. Two, no, what I'm learning is a waste of time and money and I could be doing something better. These are simple questions to ask yourselves, guys. If the one is yes, I'm learning things and I'm applying them as I go through college and seeing value, so be it. The other side is the Mark Zuckerberg, right? I'm in college, I don't see the value. I know that I could go into the real world, use what I know, and actually do something with it. With it. Go do it. I mean, if you have to weigh the two, go do it. Last but not least, guys, if you finished your diploma, the only thing that I can give you is this: I'm sorry. And academia won't say it to you, the people that encouraged you to go get that degree won't say it to you because they're from a different time, they just don't grasp it, but I will say it on their behalf. I'm sorry that you went to college for that degree that when you show up for your first interview and slam that degree down and expect to walk out with a job, it's not gonna happen. At the end of the day, you need to start producing results. So take your diploma, put it on the wall, leave it where it is, and then go do something with what you learned. And do it real quick, and don't go hit up job interviews with nothing but a diploma. Go prove that you know not just what you know, but you know how to apply it, and you've got evidence that you've applied it in in the real world. That's it for today, guys. Let me know in the chat below. I know this one can often be touchy, so let me know in the chat below what your thoughts are on whether or not a college education is worth the investment of time and finances today. Question of the day is, is it worth it? I want to hear what your guys' thoughts are. If you're new to the channel, go ahead and hit that subscribe button. It's over here. There we go. And if you have any questions in regards to how you can better use your college education, now that you're stuck out of it, stick around to the channel. There's gonna be a lot of great new videos coming out that'll help you understand how you can apply yourself in the real world to create value. That's it for today, guys. We'll see you tomorrow with another video. Take it easy.
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