College VS IM

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.

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.
 
You can see here many college going guys who are making millions with the help of Instagram :D
 
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.

A degree does not guarantee you a high paying and stable job, a lot of people sadly end up finding out that all it guarantees you is a large amount of debt and a piece of paper. Which from a pure risk/reward perspective is absolutely idiotic. But there's a whole army of people who's job it is to make you believe that its actually an extremely intelligent thing to do, kids generally don't get a balanced view of this, all they get is pure marketing BS, which is kind of ironic since we're on an IM forum.
 
A degree does not guarantee you a high paying and stable job, a lot of people sadly end up finding out that all it guarantees you is a large amount of debt and a piece of paper. Which from a pure risk/reward perspective is absolutely idiotic. But there's a whole army of people who's job it is to make you believe that its actually an extremely intelligent thing to do, kids generally don't get a balanced view of this, all they get is pure marketing BS, which is kind of ironic since we're on an IM forum.

That sounds exactly like the generic whiny self-entitled Occupy movement bullshit. The lazy assholes who decided they had better things to do their senior year of high school than to apply for a vast array of scholarships and write essays until their fingers bled are the same lazy assholes bitching when their student loans come due and all they have to show for it is a piece of paper saying they studied for their proficiency in the visual arts.

Work hard, reap the rewards. The excuse for needing student loans is you didn't apply for enough scholarships and didn't try hard enough in high school. It can't be coincidence that the party animals from high school and college are the ones who chose the easiest majors with the lowest matriculation rate, and either dropped out or couldn't find a solid career in their washed-out limited options.

College is a smart option. If not for the piece of paper for the networking and experiences. The marketing BS flies in both directions.

brb Steve Jobs didn't graduate college
brb "Make $80,000 a week with this one secret!"
brb no.
 
For some people, its more like work hard then receive years of punishment. Its not as black and white as you say it is.

And the world isn't out to get you like you may assume. It's amazing the clarity that can be achieved when you eliminate your distractions and focus on a set list of goals for your future.
 
If you're not lazy, invest in yourself.
The way you do it doesn't matter, whether you learn online or by the college-system.
But if you can't push yourself to learn many hours each day, then you should hookup to a system that'll help you (school).

Edit: I was in a similar situation, didn't know what to choose.
Don't listen too much to advice of other people, instead follow your own philosophy.
In my case I decided not to drop out of college, that would make me a failure in my own eyes.
:)
 
Not going at the moment. Will go to a community college in the Spring or even later.

Doing what I can in IM. If I fail then that's my money lost.

College is a smart option. If not for the piece of paper for the networking and experiences. The marketing BS flies in both directions.


Can be if you know what you are doing. Not for everyone. I know some people who do trades and love what they do. And they didn't get a ounce of college.

It all depends on the return on investment that you get from the degree. It makes no sense to go to college if you aren't able to pay back the cost of the degree because you decided to learn something that the market didn't want to pay for.

Always make sure there's a return on investment on the degree you are majoring in.
 
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That sounds exactly like the generic whiny self-entitled Occupy movement bullshit. The lazy assholes who decided they had better things to do their senior year of high school than to apply for a vast array of scholarships and write essays until their fingers bled are the same lazy assholes bitching when their student loans come due and all they have to show for it is a piece of paper saying they studied for their proficiency in the visual arts.

Work hard, reap the rewards. The excuse for needing student loans is you didn't apply for enough scholarships and didn't try hard enough in high school. It can't be coincidence that the party animals from high school and college are the ones who chose the easiest majors with the lowest matriculation rate, and either dropped out or couldn't find a solid career in their washed-out limited options.

College is a smart option. If not for the piece of paper for the networking and experiences. The marketing BS flies in both directions.

brb Steve Jobs didn't graduate college
brb "Make $80,000 a week with this one secret!"
brb no.


Even student loans are not that bad if you don't go out and waste the refunds on stupid shit and instead save it to pay back faster after graduating.
 
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Many people say you don't need a degree in this day and age, that bollocks. They say it because they don't have one.

I have 2, and was given a direct offer from the head of the Academic Department for a PhD under his wing (which I turned down because it practically meant a minimum of another 7 years career path with low income and that rather sucks hard in my book). And all my income is currently made by things that have nothing to do with that education - so your argument is moot. What's worse, it's a common knee jerk thing most people with a degree tend to say - because if it's not really necessary, that doesn't exactly paint a fantastic image about themselves and their choices, does it?

All that said, the necessity of formal studies depends on the profession. Legality aside, it's rather hard to be a successful study-at-home neurosurgeon. Legality aside, you can make a lot of money as a "practical" chiropractor. So, the niche plays a big role. In fast-paced industries, degrees tend to become obsolete fast. I remember the guy I bought my first computer from more than 20 years ago saying how he had been using nothing from what he was taught in the university in his work (but then again, he wasn't working on theoretical stuff). So it really depends on exactly what you end up 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? And do you think college is an important aspect in relation to however much money you will make in the future?

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. If anything, you can be making more money with Internet Marketing than you ever will with a college degree. 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. 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. 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?

Post your opinions, whether you are an experienced Internet Marketer with a college degree, or a bum that's not making any money, I don't care. I want to hear everyone's opinions on this!

As my previous post clearly shows, I'm definitely not one of the "omg omg you must have a degree or you'll be pooooaaaaaarrrr" guys. That said, you don't really have an option. You don't seem to have an income stream already from IM, so what are you going to do? Dedicate full time to multiplying your current $0? Had you already something going and your problem was scaling, this would have been a different discussion. Now it's clearly not a wise choice to jump into something you haven't proved yourself at. Gates didn't leave his studies before he took action. He had taken action first and needed to scale.
 
Most people drop out of college and become one of those losers living in their mom's basement. Finish college. You're broke. You have no skills. And the only reason you have is "I could be making a lot of money." Yeah you could, but chances are that you won't. Just do something of value while you're in college. I worked 50 hour weeks and went to college, so building skills on the side should be a cake walk if you're living off of mommy and daddy and going to college.
 
Surely this goes against your post of working for someone else.

What good is a degree unless you work for someone else. You certainly don't need one to work for yourself

I don't see how it does.

I am doing my degree because of these reasons:
  • My little brother left school with 3 D's, he now has a 1:2 in computer science. I left school with 6 A*'s, 3 A's, 1 B. I hate being the 'thick' brother despite the fact the little retard works for me.
  • I feel the need to prove to myself I can do a degree. I feel I am 'too smart' to not have one. Plus having those little letters after your name looks bad ass.
  • I am interested in engineering. While I would not ever get a job building bridges or power plants, its kind of cool to say you're qualified to do that.

I do it for shits and giggles more than a career advancement. I work in web development and I have no plans to change this.

And for the record, I have a job. For 54 hours a week I work in a motorcycle shop managing their online parts store. PM me for specifics, its far from a normal 9-5 ;) A side business they do is strippers and I spend my week ends partying at club houses and shit.

From 7am - 9am I futfill orders from my own ecommerce/ebay store

From 7pm - 10pm I look after a handful of easy going/interesting/well paying web design/seo clients from when I had my agency.
 
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I don't see how it does.

I am doing my degree because of these reasons:
  • My little brother left school with 3 D's, he now has a 1:2 in computer science. I left school with 6 A*'s, 3 A's, 1 B. I hate being the 'thick' brother despite the fact the little retard works for me.
  • I feel the need to prove to myself I can do a degree. I feel I am 'too smart' to not have one. Plus having those little letters after your name looks bad ass.
  • I am interested in engineering. While I would not ever get a job building bridges or power plants, its kind of cool to say you're qualified to do that.

I do it for shits and giggles more than a career advancement. I work in web development and I have no plans to change this.

And for the record, I have a job. For 54 hours a week I work in a motorcycle shop managing their online parts store. PM me for specifics, its far from a normal 9-5 ;)

From 7am - 9am I futfill orders from my own ecommerce/ebay store

From 7pm - 10pm I look after a handful of easy going/interesting/well paying web design/seo clients from when I had my agency.

My brother has two degrees and my sister one. My brother is on his third degree. Both have good jobs, my brother more so.

I am getting to the point where I nearly make more than both of them in two months, than they make in a year combined.

I am educated to HND, never got me anywhere. I believe self education is best.
 
My brother has two degrees and my sister one. My brother is on his third degree. Both have good jobs, my brother more so.

I am getting to the point where I nearly make more than both of them in two months, than they make in a year combined.

I am educated to HND, never got me anywhere. I believe self education is best.

You are far the exception compared to the rule. No doubt you got there through hard work and dedication (the same skill sets a degree needs) but only 1 out of 100 of the people who attempt what you do will be a success at it.

As for the self education, I get that. I do the open university, other than links to videos I should watch they don't do much. Thats one of the kicks I get from it (as well as no having to hang around 18 year old mongs)

Out of the friends I have left from school my job earns twice as much as the next closest guy (excluding the premier league footballer) and its less than half of my income.
 
When you get a degree you are doing alot of self education, what do you think all that studying is for outside of the classroom? You don't just have to read the textbook only you can go and read other books on the subject to learn more about it.
 
When you get a degree you are doing alot of self education, what do you think all that studying is for outside of the classroom? You don't just have to read the textbook only you can go and read other books on the subject to learn more about it.

Wouldn't know, never done a degree.
 
When you get a degree you are doing alot of self education, what do you think all that studying is for outside of the classroom? You don't just have to read the textbook only you can go and read other books on the subject to learn more about it.

I spend more hours a week watching porn than I do studying.

Fucking love porn. Some time I just search for matt cutts and see what comes up
 
I spend more hours a week watching porn than I do studying.

Fucking love porn. Some time I just search for matt cutts and see what comes up

I've been looking at my timestats on chrome, and omg I've wasted so much time on porn. 41% of the past month online I spent on just a single porn site. I'm going to be cutting it down to at least 10% of the time, maybe even 5%, and then I'll cut down on youtube to around 2% I currently spend 12% of the time on there.
 
You have to be hungry enough for any career choice you make. The internet is the wild west, you can learn everything you need to know to succeed in IM from making connections and a hunger to learn on a deeper level than what you see at face value.

If you've been reading BHW for two years, me'rely skimming the surface and still wondering if this method and that method work then IM probably isn't for you. If you're currently doing something that you think has long term prospects and the only thing that is holding you back from scaling is time, then that's a different story.

I dropped out of HS, and I dropped out early. I had absolutely no interest in learning uninteresting, irrelevant information. I'm sure college would of been a lot different, but fuck that debt. I make 6 figures a year in IM because i hustle for it. The path matters less than the person. Don't be a passive-aggressive IMer, it doesn't pay well.
 
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