When do plan to make your first million?

[B1rdbrain]

But you Must get a job Using the degree or it's not worth the paper it's printed on. i have seen this time and time again living so near CSUN!

[xtreme 2]

not really... if you only get a technical degree that's true, but if you go to a 4-year accredited college then most companies will hire you on the basis you went to college... a lot of the time your major does not matter unless you are an engineer...

[AveoSSSupercharged]

But you Must get a job Using the degree or it's not worth the paper it's printed on. i have seen this time and time again living so near CSUN!

your basing all your stuff off what you think and what you see....studies from across the country time and time again prove everything that your saying is false and false by A LOT

[AVE0SAM]

some people can have the best of both worlds, making great money and doing what they love, which is true for myself when I graduate from college.

but you really do not know till you are doing it. Just cuz you finish College does not mean you will work in that line of work. my Ex got a B.A. from SDSU she wanted to work with kids making a differance at city parks programs. She never worked a day in that line of work not that she didn't try but cuz there was no funding for that line of work so she started working for some realtor. she built her own buisness in a line of work that she didn't need to get the B.A. for and probably could have just worked right out of high school. there are a ton of people that finished going to CSUN right here 6 blocks away from where i live that never work in the type of work they want to work in. i see it all the time. College is the biggest Rip Off in the world building peoples hopes and dreams only to get a job that has nothing to do with what they went to school for. My Own brother went to ITT got some degree from them to build computer systems he wanted to go work for HP they have a big ass compound in CO where he lives he spent 4 years going to ITT to try to get a job at HP he works for a Co. Debugging the coputers for the local Prison. he just said that he could have got his job with a 6 month computer class at an Annex. i have a Buisness degree just a stupid paper that says i can run a buisness and i have never used it. i can not stand sitting at a desk full of office Gossips doing Paper work. it's just not for me. So keep you're dreams but don't hold you're breath about getting that dream job out of school when you get into the real world and are finaly doing what you set out to do. Hell it took me 17 years to find a Job that is using my skills to the fullest. but it's not my Dream job. if i had got my dream job i would be working at the Getty. I would be doing some kind of Photography or video (NOT PORN) but they want a degree in Arts even know i have well over 20 years behind a camera 2 years Video and 2 years Lighting. some Punk just out of College with an Art degree will get my dream job. and they probobly have 500 people with art degrees trying to get the same Job.

it depends on if you actually go to a good college or not....this place i go to gives you tons of co-op and intership oppertunities in your field that actually pay good money because its not only schooling but experience that matters....

[aveosummit]

it depends on if you actually go to a good college or not....this place i go to gives you tons of co-op and internship opportunities in your field that actually pay good money because its not only schooling but experience that matters....

While I somewhat agree that more opportunity does allow the opportunity for a greater income. Honestly when it comes to college education the difference in education is really seen on the PHD level now. It used to be that the MS was the difference but that is no longer the case as more and more schools are adding Masters programs.

If you go to a school for a name that is what you get.

Also as far as incomes go, it is ultimately how you apply yourself to whatever you are doing that makes the difference in the long term, just fyi the founders of Microsoft, Oracle, Dell, and Standard Oil aka Exxon-Mobil did not have a college degree.

"You decide your worth"

[xtreme 2]

if you plan to own your own business and work for yourself all your life, then college is not needed...

But if you plan to work for someone else all your life, it is almost a necessity...

[aveosummit]

For all those looking to invest in the Stock Market with mutual funds and bonds, make sure you ask your broker if they are an accredited investor-

Accredited Investor

A term used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by certain government filings.

Also known as "qualified purchaser".

In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:

1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.

2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.

3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.

These investors are considered to be fully functional without all the restrictions of the SEC.

[ontarian_frog]

if you plan to own your own business and work for yourself all your life, then college is not needed...

But if you plan to work for someone else all your life, it is almost a necessity...

So true. There is a dilema to this though. The ones most qualified to open businesses are the ones that have been to business school. But after being to school, you don't have any money left to open a business plus, in school you learn that less than 5% of new businesses ever make it more than 5 years.

That said, less people with degrees want to open shop than ppl without. But I know for a fact that education will only get you so far. Having a business is a way a of life. You live most of your time there. You need to have more that business skills to run one. Another good read I would suggest would be "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Micheal Gerber. A great book indeed.

[aveosummit]

[quote=ontarian_frog]

if you plan to own your own business and work for yourself all your life, then college is not needed...

But if you plan to work for someone else all your life, it is almost a necessity...

So true. There is a dilemma to this though. The ones most qualified to open businesses are the ones that have been to business school. But after being to school, you don't have any money left to open a business plus, in school you learn that less than 5% of new businesses ever make it more than 5 years.

That said, less people with degrees want to open shop than ppl without. But I know for a fact that education will only get you so far. Having a business is a way a of life. You live most of your time there. You need to have more that business skills to run one. Another good read I would suggest would be "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Micheal Gerber. A great book indeed.[/quote:bd03w226]

I think your assessment is partially correct in saying that "the ones qualified to open businesses are the ones that have been to business school." for the following reasons.

The people most qualified to open a sucessful business are those who understand cash flow and can balance a checkbook. They can also understand that an asset puts money into your pocket and a liability takes money out of your pocket. Many of the so called (school experts) have no real world experience (never owned a sucessful business) because they are looking for textbook examples in an ever changing marketplace. Furthermore a degree just mean that you are able to focus your attention on a achieving a goal, it does not mean you will be sucessful.

My reading list suggestions:
"Rich Dad Poor Dad" by Robert T. Kiyosaki
"How to get rich" by Donald Trump
"The millionaire mind" by Harv Eker
"Cashflow Quadrant" by Robert T. Kiyosaki

[mikedudley17]

not only do they understand money and such, but u also have to understand people and what they want and blah blah blah