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<p>Uh, you said they were young. I asked you how young you were. You are now replying with a nonsequitur. </p>
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<p>The problem is that entrepreneurial opportunities won’t wait around for you to graduate. These windows open and shut quickly. You can’t just say “Hey, I have a pretty good idea right now, but let me wait until I finally graduate before I try it”. By the time that happens, the window may be shut. Again, imagine what would have happened to Gates if had decided to wait. </p>
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<p>See above. </p>
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<p>And similarly, the median person with a degree who starts a company has a high opportunity cost. Either way, it’s high. Hence, this is an irrelevant point. </p>
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<p>So? If you fail, you end up in exactly the same spot as you would have otherwise.</p>
<p>To illustrate: A 19 year old guy has an idea. He drops out of school to try it. After a year, it fails, so now he goes back to school. He then graduates at age 23.</p>
<p>Another guy also has an idea when he’s 19, but he decides not to pursue, instead deciding to go through school all the way through. He graduates at age 22. He then starts a company (perhaps with his old idea, perhaps with another). It fails in a year. So now he’s 23. </p>
<p>Hence, either way, he’s 23 years old with a failed company under his belt. </p>
<p>The major difference is that the first guy tried out his idea when it was still topical. And if his idea is successful, then he doesn’t ever need to go back to school. Hence, he has saved significant time. The 2nd guy, if his idea is successful, basically ended up spending extra time on a degree that he doesn’t really need.</p>