Should I return to school in the fall?

Question

I started my own company in April and it has been extremely successful. I am slowly growing the business and believe that within a year I could have revenue of $50,000 a month.

Should I return to finish my Junior and Senior year of college? I don't want to and I don't think I'll get much from it. My grades are mediocre.

Should I build the business? Or return to school?

Answer 1

I think its good to have a back up plan in case the company idea your trying doesn't meet up your expectations. you could just try and take a light load for your junior year. but then again college prepare you for a profitable job if your really confident in your business, I would say just quit. since you don't really have any plans to go to graduate school right or law school so it couldn't hurt and if you wanted you can always finish college up later in life. this time you can focus all on business.

Answer 2

Continue school!!! I was in a similar situation and you should continue, if nothing else continue on a part time basis. Focus your efforts on the business side of school. Yes, some of the classes might be boring and you may have learned more in real life then in class, but you may learn and double your potential.

If you can produce a revenue stream in the neighborhood of what you suggest here, then hire someone to manage and grow that business, while you are in school. Who knows you might find someone who complements your weaknesses, and together you can grow to levels beyond your expectations.

Remember that a college education is the price of admissions to good companies and good jobs. If your company is to become a great company, it will need people with higher educations. How better to source those folks then to be a student with them, and that will give you the inside track on what to look for in future employees.

Answer 3

I think it is significant that Bill Gates, after leaving college without graduating, has put a lot of money from his foundation into improving education. Even he knows how important it is for most people to learn. Congratulations on your business scuccess. I won't suggest that you should shut the business down and put everything into school right now, but you might think of another way to do both. Can you take a couple of classes locally, rather than having to go somewhere and upending your whole life? It may take a little longer, but since you have something else going for you, who cares? Eventually, you would have the business and the degree.

Answer 4

I would say if your College allow you, enroll in a couple of classes as in night school. Take your time to finish but do it. You want to have a rounded education to go hand in hand with your ambition. That way you will have enough conversation to carry with the people you do business with, competitors and good marriage material, since women are going to school, finishing and going for their masters and PhD's and/ or being pretty successful in life! Personally, I have a BA plus and I don't think I would be interested in anybody without higher education no matter how good a businessman he is. Best of luck!

Answer 5

A college degree will give you something to fall back on if your business ends up going belly up. You should consider heavily the risks of not finishing your degree before you make any move.

If it were me, I would finish my degree. But then again, I really like college life.

Answer 6

It's easy for me to say, but taking the risk to run your business could be the best thing you ever decided to do,,one day at least. You can always go back to school, the opportunity to go and expand your business while it's going good might not however.

Answer 7

You can only benefit from continued education. Why not do both? It can be done.