[Discussion] What is one piece of advice you would tell a 19-year-old university student who wants to drop out and start a company?

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Zuckerberg, Gates and Jobs are all college dropouts, but for every success story there are 1,000 failures. Is it still worth the risk?

My 19-year-old daughter called me up yesterday with some “good news”. She would soon be dropping out of university to take her personal project and turn it into a company.

She explained to me that she had a “once in a lifetime” product and needed to move now or else somebody else would take the idea in a few months. This made sense, but it is also incredibly risky.

We can debate if university is the be all end all, but a degree does provide a safety net to be (at the very least) employable should the company fail.

Also Read: [Discussion] Would you take US$250K in smart funding vs US$5M in dumb funding?

So, I ask you, e27 community, what is some advice I should give her? Regardless of if she stays in school or drops out to pursue her startup passion.


Copyright: kobby_dagan / 123RF Stock Photo

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Source: e27