Daron Pacheco argues schools teach you to work for companies, not run your own. They skip profit and loss statements, tax returns, checkbooks, and saving strategies. Most people graduate financially unprepared for basic money decisions.
Chapters
And so we were talking about how in the school system they don't— even if you go to college at a business school, they teach you how to work for another business. Like they don't necessarily teach you. And there's a few classes like some entrepreneurship classes that they have now, but the typical business school doesn't teach you how to run a business. Yeah, it does not prepare you. And so we were like, man, it would be awesome If we could somehow have like an actual real life business school where it teaches you about taxes, what profit and loss is, where you should save your money, how you should delegate. Like my wife talks about this all the time. Like what if they taught you how to file a tax return? As simple as that. As simple as that. Or how to balance a checkbook, right? And it makes me sad because if you don't do it, you're going to prison. Yeah, but like, hey, let's not teach them how to do it. Like, you don't have to teach them the tax codes. Yeah, but you could teach someone how to simply fill out a 1040EZ. Yeah, you know.