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Boss Hatch - Entrepreneurs in the Making

What to Look for In Colleges for Young Entrepreneurs

by Jim Gordon on January 7th, 2008

Education

So you’re applying for colleges and you don’t know what to look for. You applied to your state schools and every other outlying school you can imagine - and hey, what do you know, you got accepted into all of them! Well before you choose the most prestigious of schools, let’s talk things over.

You’re going to college to improve your skills as an entrepreneur. So what does your degree mean? Not too much since YOU are the first employer of your company.

But Jim - how do I pick the right college for me? How do I know what the best college is?

Simple - talk to people. Ask students, professors, friends, parents, neighbors, the President - absorb information. Remember, you are stuck with whatever school you choose.

The only criteria you want to focus on is the effectiveness of the professors. Screw the campus aesthetic - we’re talking about the fate of the rest of your life here! I go to a pretty decent engineering school, but some of the professors seem to just be there for the paycheck. Many of the schools that are considered prestigious are only notorious for their incredibly high failure rates. This often doesn’t mean the expectations are high, but instead qualifications for teaching may be low!

As an aspiring young entrepreneur, it is YOUR JOB to absorb as much information as possible. You need to know every single facet of starting a business, raising capital, and everything that revolves around it by the time you are out. An education will get you there, but a degree from an expensive school may not. Weigh all of your options, ask as many questions as possible, and best of luck to all of you applying to schools!

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