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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Should i go to college « previous next »
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gici1
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« on: January 16, 2007, 12:40:00 PM »

I hate school. i do rather well in it though, but if i get a FL. license in real estate and mortgage broking, why should i go to college? the more important question for me is is it really necessary?
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
DannyTheGreat
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« Reply #1 on: January 16, 2007, 12:45:49 PM »

Join the Marines, Army, Navy or Air Force.
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"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."- Isoroku Yamamoto, Japanese Admiral- After the attack on Pearl Harbor
Dmiller
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« Reply #2 on: January 16, 2007, 12:48:22 PM »

College will make you a more "well rounded" person.  It may help you learn processes and procedures that will help in business.  Education is a great tool, if you choose to use it.

On the other hand:

Do you HAVE to, nope.  Many have made it without it, sometimes I question my own..only sometimes.   The trick is getting a "job" to get your credit and loan availibility up.  Being an agent you work for yourself, so you'll need 2yrs worth of tax records to start to qualify for many loans.

That being said, IF you can get paired up with someone doing it, or if you have a great knack at it...you can do it.  Hands on learning, IMO, pays very well.  Just need to find your niche and excell at it.

So either way....it can be done.  Both require time & work.   REI is not get rich quick.
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gici1
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« Reply #3 on: January 16, 2007, 12:52:53 PM »

Join the Marines, Army, Navy or Air Force.

thanks for the advice but I'm not interested in it
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
gici1
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« Reply #4 on: January 16, 2007, 12:55:57 PM »

College will make you a more "well rounded" person.  It may help you learn processes and procedures that will help in business.  Education is a great tool, if you choose to use it.

On the other hand:

Do you HAVE to, nope.  Many have made it without it, sometimes I question my own..only sometimes.   The trick is getting a "job" to get your credit and loan availibility up.  Being an agent you work for yourself, so you'll need 2yrs worth of tax records to start to qualify for many loans.

That being said, IF you can get paired up with someone doing it, or if you have a great knack at it...you can do it.  Hands on learning, IMO, pays very well.  Just need to find your niche and excell at it.

So either way....it can be done.  Both require time & work.   REI is not get rich quick.

yeah i get what your saying but say if i would have a good paying job build credit while using my partners for purchasing meanwhile would i still be able to pull what i need from just hands on or courses or do you still think college is the best way to go
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
DannyTheGreat
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« Reply #5 on: January 16, 2007, 01:04:32 PM »

Quote
thanks for the advice but I'm not interested in it
Joining the military isn't really about what YOUR interested in.

Anyways, I never went to college. I believe it is counter-productive to an entrepreneurs ability to think unconventionally. You can read textbooks and drink beer to learn everything they'd teach you in college. If you decide to go to college, you'll get out and be right where you started; no closer to your goal and no better able to start a company. No one can tell me that 4 years of reading books in a classroom is better than 4 years of starting and running a business. Which one do you think you'd learn more doing?
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Dmiller
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« Reply #6 on: January 16, 2007, 01:10:59 PM »

yeah i get what your saying but say if i would have a good paying job build credit while using my partners for purchasing meanwhile would i still be able to pull what i need from just hands on or courses or do you still think college is the best way to go

not being mean....just saying:

Do you have a good paying job?

Do you have the partners that will actually step up and give you the cash when you ask?  

Really think on this one....I have yet to find one, even though they are behind me 100% (oxymoron)  I've had contracts accepted only to have the money guy bail.  
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gici1
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« Reply #7 on: January 16, 2007, 01:24:21 PM »

not being mean....just saying:

Do you have a good paying job?

Do you have the partners that will actually step up and give you the cash when you ask?  

Really think on this one....I have yet to find one, even though they are behind me 100% (oxymoron)  I've had contracts accepted only to have the money guy bail.  

don't worry about coming off mean i need your raw uncut  advice .. and i cant say its a good job on other peoples term but i get payed 11.50 an hour and im young still living at home with my mom and i only pay my water bill so i can put all my money to the side and i do because i am a stereotypical jew lol.. but i hope on soon being a loan officer and working full-time so i get going in the real estate
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
gici1
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« Reply #8 on: January 16, 2007, 01:26:07 PM »

Joining the military isn't really about what YOUR interested in.

Anyways, I never went to college. I believe it is counter-productive to an entrepreneurs ability to think unconventionally. You can read textbooks and drink beer to learn everything they'd teach you in college. If you decide to go to college, you'll get out and be right where you started; no closer to your goal and no better able to start a company. No one can tell me that 4 years of reading books in a classroom is better than 4 years of starting and running a business. Which one do you think you'd learn more doing?

thanks thats the way i see it and thats why i was asking but i seems there are two types of people one that say of course you should go and those who see no purpose not many people are in the middle
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
kdhastedt
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« Reply #9 on: January 16, 2007, 01:28:18 PM »


I spent 20 years in the military and it ain't so bad...in fact I had some pretty cool jobs.  I NEVER thought that the military would send me to Europe but they did (three times in fact!) or to work at the White House but they did (for seven years)...It's all about what YOU make of your opportunities...and they paid for most of my college.  Now, they not only pay a large percentage of courses that you take while you're in, they also give you a butt-ton of money in the GI bill...

And to answer your question -- IMO, yes, you should go to college.  My son didn't think he should but came to his senses after about 3 years...he just graduated with honors and played four years of Varsity football and in his last year won a Conference Championship ring...

Keith
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gici1
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« Reply #10 on: January 16, 2007, 01:37:38 PM »

i do believe the military and college can be great experiences and let you become well rounded but what i really want to know is, is there something that I'm just never going to get by not going compared to take courses and hands on
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
Bluemoon06
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« Reply #11 on: January 16, 2007, 01:39:53 PM »

People that go to college and the military earn about the same over a lifetiime which is $1.3 to $1.6million more than a person with just a high school diploma.  The reason is that when a person is between the ages of 18 and 23 he is a waste of a human.  He is an adult and responsible for his actions but still has the experience level not much more than a child.  So he does stupid things and makes some pretty big mistakes.  When a person goes to college or the military, they are in an environment that controls them and minimizes their ability to screw up their lives through that critical age bracket.

The problem with the military is that they send you to get shot at right now (and they won't let you out).  Back when I was 18 the military was like camp and now it is like war.  So...yes go to college.
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DannyTheGreat
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« Reply #12 on: January 16, 2007, 01:56:08 PM »

There are more jobs in the military where you will never touch a gun outside of basic or boot camp than ones where you will. Being shot at and running over an IED is not the worst thing in the world. I'd have to say the worst thing in the world is knowing you contributed nothing but dumb comments to combating terrorism. If you'd rather suck up the free air that some gave it all for you to have rather than pay it back, college is not the only alternative.

Now that I think about it, the real reason I never went to college or even considered it was because I couldn't afford it and didn't have time in the military to take any classes. When you ask people questions like "What should I do?" you'll get a lot of answers like "Do as I did."

However, I still feel firmly that  the grading systems and structured education inhibits your ability to think unconventionally and to become resourceful as an entrepreneur must be.
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gici1
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« Reply #13 on: January 16, 2007, 02:12:27 PM »

There are more jobs in the military where you will never touch a gun outside of basic or boot camp than ones where you will. Being shot at and running over an IED is not the worst thing in the world. I'd have to say the worst thing in the world is knowing you contributed nothing but dumb comments to combating terrorism. If you'd rather suck up the free air that some gave it all for you to have rather than pay it back, college is not the only alternative.

Now that I think about it, the real reason I never went to college or even considered it was because I couldn't afford it and didn't have time in the military to take any classes. When you ask people questions like "What should I do?" you'll get a lot of answers like "Do as I did."

However, I still feel firmly that  the grading systems and structured education inhibits your ability to think unconventionally and to become resourceful as an entrepreneur must be.

yes i know the military isn't all about war lol its just not my cup of tea
.. and another thing i don't agree with about what bluemoon said ( no offense bluemoon i still value your advice) is that being 18 - 23 doesn't mean your going to be stetotypical slack off.. I have had my rei goals for quite some time and i know i will follow them through
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"The cover-your-butt mentality of the workplace will get you only so far. The follow-your-gut mentality of the entrepreneur has the potential to take you anywhere you want to go or run you right out of business--but it's a whole lot more fun, don't you think?"
- Bill Rancic
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« Reply #14 on: January 16, 2007, 02:48:14 PM »

Being shot at and running over an IED is not the worst thing in the world. I'd have to say the worst thing in the world is knowing you contributed nothing but dumb comments to combating terrorism.

WOW...Lets see, I guess dumb depends on what your definition of "is" is.  We will have to talk politics someday!
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