Sherb
Ban reason = Abuse of Mods
- Dec 26, 2010
- 1,968
- 18,138
25-year old web entrepreneur here making a combined six figures between a full-time job I love, and several streams of side income online. I've been in the game for eight years now, and have experienced plenty of ups and downs, lost it all, gained it back and then some, and have plenty of advice to give. Let me go line by line.
My degree is in the business field, yet is completely unrelated to my current line of work both full-time and online.
It is a statistical fact that college-educated individuals on average make far more money over their lifetimes than those who simply have a high school diploma. I have friends who stayed in my hometown and didn't go to college. They are the ones who are either working for an hourly wage doing menial labor or food service, or the ones who went directly into the trades and are busting ass 60 hours a week at a job that will eventually kill them.
I've been a contributing member of various forums since 2008. I can tell you with a degree of certainty that a scary percentage of people making claims about online income are greatly embellishing their final numbers. College is important, and is more than just a wasted four years of your life.
Get that idiotic thought out of your head. In twenty years, what do you think will be more marketable? Your four-year degree and fifteen years experience in a related field, or the fact that you ran a semi-successful Facebook fan page for three years before your income source dried up and you, without a degree, had to re-enter the workforce and live like the rest of the college dropouts who thought they had the magic solution to riches?
I didn't make much at all from internet sources for a while. It took several years of trial and error, and a net return of probably zero before I found my calling. What you have there is a smart idea. Invest in your education, get a job, enter the real world, then invest in online sources of income on the side. I can't stress this enough.
It won't. I haven't used much of anything I learned from college. But I wouldn't trade those four years for anything. In that time I learned a lot about life, did a lot of networking with people with similar interests, had tons of great experiences, and learned self-discipline that sitting in front of a screen all day every day won't teach you.
It completely depends on your field. I'm making close to $50k a year in my full-time job. Add to that another $60k a year from other online pursuits after taxes and expenses, and life is wonderful.
To summarize:
Don't be stupid. You're already over a year into your education, don't be the dropout who thought he could go far. Choose a field of study you are interested in, not one you think you can bank the hardest from or you will be MISERABLE. Your life is what you make it. From what you've written above, I have relative certainty that you won't make it anywhere near as far as you'd think in IM. Why? You can't see the big picture. Find an end goal, and go for it. Stop second-guessing yourself and making excuses as to why what you're doing now isn't what you should be doing.
I would like to have a discussion on the importance of college in relation to IM or the rest of your life. This being a forum full of like minded people interested in starting their own Internet Marketing business, how does this relate to the degree you are earning or have already earned?
My degree is in the business field, yet is completely unrelated to my current line of work both full-time and online.
And do you think college is an important aspect in relation to however much money you will make in the future?
It is a statistical fact that college-educated individuals on average make far more money over their lifetimes than those who simply have a high school diploma. I have friends who stayed in my hometown and didn't go to college. They are the ones who are either working for an hourly wage doing menial labor or food service, or the ones who went directly into the trades and are busting ass 60 hours a week at a job that will eventually kill them.
At the moment I am a college Sophomore; having been browsing BlackHatWorld for the past two years it has made me realize college isn't all that important in relation to the amount of money you can be making.
I've been a contributing member of various forums since 2008. I can tell you with a degree of certainty that a scary percentage of people making claims about online income are greatly embellishing their final numbers. College is important, and is more than just a wasted four years of your life.
If anything, you can be making more money with Internet Marketing than you ever will with a college degree.
Get that idiotic thought out of your head. In twenty years, what do you think will be more marketable? Your four-year degree and fifteen years experience in a related field, or the fact that you ran a semi-successful Facebook fan page for three years before your income source dried up and you, without a degree, had to re-enter the workforce and live like the rest of the college dropouts who thought they had the magic solution to riches?
The only issue I have at the moment is money, once I get my degree, get a job, I will be able to save up money, and possibly invest in Internet Marketing in the future.
I didn't make much at all from internet sources for a while. It took several years of trial and error, and a net return of probably zero before I found my calling. What you have there is a smart idea. Invest in your education, get a job, enter the real world, then invest in online sources of income on the side. I can't stress this enough.
At the moment college seems like a complete waste of time and is not helping me achieve anything, so far it has been pointless busy work; I started taking my degree courses that count towards my major and even with those, I don't see how it will relate to the real world.
It won't. I haven't used much of anything I learned from college. But I wouldn't trade those four years for anything. In that time I learned a lot about life, did a lot of networking with people with similar interests, had tons of great experiences, and learned self-discipline that sitting in front of a screen all day every day won't teach you.
I meet kids that are bragging about working a (12/hr) job and professors telling me I will be making $80,000 as soon as I get out of college. Which doesn't sound all that bad in terms of saving up the money and investing it into a business but is that really the case for most people?
It completely depends on your field. I'm making close to $50k a year in my full-time job. Add to that another $60k a year from other online pursuits after taxes and expenses, and life is wonderful.
To summarize:
Don't be stupid. You're already over a year into your education, don't be the dropout who thought he could go far. Choose a field of study you are interested in, not one you think you can bank the hardest from or you will be MISERABLE. Your life is what you make it. From what you've written above, I have relative certainty that you won't make it anywhere near as far as you'd think in IM. Why? You can't see the big picture. Find an end goal, and go for it. Stop second-guessing yourself and making excuses as to why what you're doing now isn't what you should be doing.