Once upon a time gaining a college education was a foolproof measure for success. Well, quite a few individuals have proved that wrong. Steve Jobs, Bill Gates and Mark Zuckerberg famously dropped out to successfully create their own businesses. At the time, that was an unheard of phenomenon.
Leaving college to start a business was considered risky. Today, thanks to mobile devices, the Internet and technological advances, we are seeing more and more students opting to leave college early to pursue a career in tech. There are two other factors that play into this equation: It is not expensive to start a company, PLUS the options for raising money have multiplied.
But what about college campus life, the late night parties and all the fun stuff that allows kids to transition into adulthood? And isn’t this way of life isolating? Ari Weinstein, a techie genius who dropped out of MIT, was wooed by an angel investor with $100,000 to create a start-up. He lives in a dorm like space with other like-minded young entrepreneurs in San Francisco’s Mission District, Mission Control. According to the article’s author, Daisuke Wakabayashi, who visited their space, it looked quite identical to college housing, “complete with a sink full of dirty dishes and common living areas cluttered with empty pizza boxes.”
Being a dropout to a start a new business is no longer shameful. In fact it is seen as an enviable “badge of honor, evidence of ambition and focus.” While very few of these tech founders will actually achieve the level of success of say Facebook’s creator, failure these days is not condemned. These young, bright souls have the option of going back to school or taking a six-figure job at a big tech company.