If we spent as much time nurturing our passions as we do our fear, the world would be a much shiner place.
Considering student loan debt is now a trillion-dollar industry, maybe this PayPal co-founder is on to something. Via 60 Minutes:
One of the wealthiest, best-educated American entrepreneurs, Peter Thiel, isn’t convinced college is worth the cost. With only half of recent U.S. college graduates in full-time jobs, and student loans now at $1 trillion, Thiel has come up with his own small-scale solution: pay a couple dozen of the nation’s most promising students $100,000 to walk away from college and pursue their passions. Morley Safer takes a look at Thiel’s critique of college.
“People get really tired of having all the tough villains front-loaded against them and resent getting short changed on play time because some fat mouth-breather’s hogging it all with a stack of…
Politicians and pundits constantly call for the government to step out of the way and let entrepreneurs and “job creators” build the industries of the future. New Left Project argues that this…
Nadine Bells writes on Yahoo News:
It sounds like a teenager’s dream and a parent’s nightmare. Peter Thiel, PayPal’s co-founder, is paying 24 college-aged students $100,000 to just say no — to college.
For two years, winners of the 20 Under 20 Thiel Fellowship have focused on developing business ideas instead of heading to class.
The fellows will work in Silicon Valley with a network of more than 100 mentors where they “will pursue innovative scientific and technical projects, learn entrepreneurship and begin to build the technology companies of tomorrow,” the press release states.
Some fun lessons for all you would-be web start up zillionaires, courtesy of James Yu.
Snoop Dogg talks to WSJ Small Business Editor Colleen DeBaise about his advice for would-be entrepreneurs. The part about his chain of Snoopermarkets is right at the end.