Reply to Your kids will be fine.. college name doesn’t matter as much as dcum tells you

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Tell me more about your kid that you are proud of that got 1100 sats after much study, or had a 3.1 w gpa and got a coveted job, or who went to Towson or U Dayton or Duquesne or kennesaw state or some school most people on this board don’t even discuss or consider. [/quote]

That’s my kid! He hasn’t graduated yet to you’ll have to wait to see if you think he is impressive enough. But he is a truly fantastic human. He is incredibly competitive and picks up new things to master as a hobby. People gravitate to him and look to him to lead - little kids, peers, coaches, teachers, bosses. And he is kind. He reads people and their motivations and emotions the way more academic people read books.

Yeah, his degree is going to be from a state school that accepts 80% of applicants. But I really don’t think it will matter for this kid. But time will tell, no?[/quote]

It doesn't have to matter. My uncle barely graduated high school, started a business at 19, and is worth $50m+. Entrepreneurs will come out ahead in a post AI world. [/quote]

Congrats to your uncle…but entrepreneurs as a whole fail like 90%+ of the time.  God bless them because we need the 10% to succeed and the 1% to succeed massively.

Maybe you mean those with the mindset will succeed, because it’s guaranteed that 90% of all actual entrepreneurs will fail.[/quote]

I think your failure numbers are grossly misstated/misinterpreted.  The 90 percent rate must be for tech startups.  The average small business failure rate is much lower. Plus business failure is not equal entrepreneurs failure, they often try again.  [/quote]

My numbers are based on people starting true businesses with employees.  The business failure rate seems lower than it really is because there are so many sole member S Corps / LLCs who basically consult for themselves and never completely fail because no rent, employees, etc.  They still count in the numbers of new businesses.[/quote]

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