Stay in school. Youve got a long way to go before actually manifesting this idea. My guess is after youve done all your homework you will be astonished at how unlikely it is to do what you think could be a possibility. This is like asking randoms about what you should do when you hit the lottery. Its just a waste of time until your consistently bring in money
this post was submitted on 17 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 1 year ago
MODERATORS
I wouldn't drop out of college unless it was early on and I was making substantial and sustainable money.
Sadly, it would need to be at least $10,000,000. Money that young goes fast.
Oh to be young and confident lol
The OP was... well young and naive. The edit is... just dumb. lol
- Stay in college, improve your grammar
- Your idea is just an idea, you're already jumping ahead to 'what if' scenarios assuming it will 100% succeed and figuring out when you'll drop out of college shouldn't even be a concern. Most businesses fail to get off the ground, and even then, most businesses don't do well
- 'Sponsorship management company,' so you're a marketing agency? Incredibly saturated market and typically you'd want to have already gotten a degree in something related and have worked in the industry to understand the specifics/dynamics required to succeed
By all means, please give it a go but consider that a degree is a fantastic back-up and will also help you in any future business endeavours.
Why drop out at all? Most of the successful people quit when the burden of running a business became too much alongside their courseload. Not because they hit some magical dollar amount.
Anyway, with inflation any goalpost is moving. Used to be a million was a thousand times one thousand. Now a million is just a thousandth of a billion.
Large term?