“There is no graduation from education.”
~Rachel Denning, a loyal LYL reader
From time to time I go on a small rant about the importance of taking control of your education, what you learn and how you use it. Today is one of those posts. This is one of the most crucial topics I have on my mind right now and I would really like your thoughts on it. Share in the comments below
your ideas for creating your own eduction, what tools you use (online and off) and your experience so far. Now more than ever, it's on us. If you're reading this in email, click here to contribute your ideas
. Your responses will have a lot to do with the next big thing I build.
Simply put, this post is a call to arms. And I need all your help.
The week after writing this post, I put together to Unofficial Self-Guided Education Manifesto
(aka: the 27 principles to teach yourself anything) complete with a free PDF download and info-graphic to keep us inspired. You can access the manifesto here
The widening theory gap
Lately I've been wondering if it makes sense to drop out of school. Whether one should really stick it through four years of college or another couple years for an MBA or other advanced degree.
I went to college at UC Santa Barbara. I loved it. I studied Business Economics, Accounting and Spanish. I worked my ass off and actually did pretty well. I even graduated with high honors in the top 5% of my peers.
I tell you this to better set the scene for what happened next.
Fast forward 8 years later and now a large portion of my business time is spent running an investment fund, Cumbre Capital
(that and Live Your Legend are my two babies), with a good friend of mine. You might think that was the logical step after studying accounting, economics and finance.
The thing is, by the time we launched our fund, I had remembered precisely zero applicable skills from my studies.
Everything I apply in my investing work today, I had to relearn from scratch.