Should I drop out? *Serious Question*

[Disoblige]

Oh and I definitely agree with kerry's quote of you prior:

Originally posted by kerry


More like "once a bitch, always a bitch" regardless of what happens to you on beyond.

Yes I mean you EnRich. =)

I appreciate your input to Kobe, but I don't think it would really help him if what you're spewing is half-lies about your "success". I didn't really wanna call you out, but you're such a tool I kinda had to.

And just because you say you could afford any car you wanted doesn't mean that you would do it. Otherwise, you would ..


One more thing, you didn't quit Calcana. You were fired.

Originally posted by Davetronz
Richard is NO LONGER an employee of Calcana Industires, nor does Calcana support ANYTHING that went on in this thread, nor are they responsible for any of the actions taken by user EnRich. Though he uses Calcana as contact information the company had nothing to do with any private transactions, and needless to say Calcana is VERY disappointed that their company name has been brought into this.

PLEASE do not call Calcana and drag the "poor receptionist lady" into this... you cannot reach that user through that number any longer, and it should not have been used for these dealings in the first place, that is what cell phones were invented for.

Sorry guys, my girlfriend is that poor receptionist lady, and needless to say, Calcana, nor I, are impressed.

Inrich, you are just pure class.

Anyone remember this thread:
http://forums.beyond.ca/st/172974/sc...ng-pistnbroke/


Edit: Sorry Kobe for hijacking, though I do support the notion of finishing up diploma as you have spent time on it already. You never know when it might just help you later on.

[Wrinkly]

Originally posted by Disoblige
Kudos to you, and I hope you enjoy the big balls.

[BerserkerCatSplat]

Originally posted by Disoblige


Anyone remember this thread:
http://forums.beyond.ca/st/172974/sc...ng-pistnbroke/

Beyond never forgets.

[msommers]

Ohh yaaa! I wonder whatever happened with that RAM situation...

[G-Suede]

Finish your classes, but do it for yourself.

[HiTempguy1]

Its called creative thinking. Anything can be done, it just needs to be looked at from all perspectives. When I started out, I paid $8 for a domain, $8/mo for hosting. The beauty of an online business... doesn't need much to operate.

Statistically, the average rate of a successful business being developed (from what I remember) is around 5%. That means a business turns into a money making endevour. I'd be willing to bet another 15% float along, taking a person's/investor's initial startup funds, and then never doing anything but break even. The last 80% fail. So, with those kind of stats, I would NOT be too quick to jump into starting your own business.

Here is an example: My father was made aware of someone who was selling a ceramic coatings business. Sure, there's jet hot in Calgary, and some other mediocore place in Edmonton, but my father had a very specific goal in mind. Target oil field equipment, and then go after people in the hot rod community. His plan was to offer a superior (and superior it was) chrome-like ceramic coating that would polish properly and look awesome. The other companies offer similiar products, but at best they can look like a dull polished aluminum compared to what my father was doing.

So, he gets a game plan together, gets capital together, and starts out. He is an operator that works 2 on 2 off at a plant, and spent every single spare hour at this place (as well as money). I believe it was only a bit over a year later that it folded. His business plan was relatively solid, and he did have customers (including oil field). Maybe his initial scope was too big? Who knows.

All I am trying to say is, there are ups and downs. I know of one person who owns a siding company in the Calgary area who actually has people working for him, and I don't think he sides anymore. I've known this person for almost 5 years though, and let me tell you sometimes it was pretty slim-pickings for him.

My father now builds houses, which has turned out to be a business model he can succeed at.

So, in conclusion, you can always try. But (again, from what I've heard) expect it to take 5 years to truly establish a successful business. You've been in school how long (for what I am assuming is a two year diploma) and you are stressed about it? I am just wrapping up my 2 year diploma in instrumentation, no job yet (I won't go to fort crack), but I can see myself making $60k out of the gate. With time and experience, maybe $100k later in life. Considering my initial investment of schooling (which almost everybody needs anyways) which was around $20k, to be able to earn on average $80k/year for the rest of my life? I'll take it!

Edit-
And as the poster said above me, do it for yourself. If you literally are in school for no reason but to appease your mother, then I would honestly suggest consider dropping the diploma. Thats a no win right there, but the reasoning for getting your diploma (other people have stated) are valid.

[bastardchild]

Originally posted by HiTempguy1


Statistically, the average rate of a successful business being developed (from what I remember) is around 5%. That means a business turns into a money making endevour. I'd be willing to bet another 15% float along, taking a person's/investor's initial startup funds, and then never doing anything but break even. The last 80% fail. So, with those kind of stats, I would NOT be too quick to jump into starting your own business.

Edit-
And as the poster said above me, do it for yourself. If you literally are in school for no reason but to appease your mother, then I would honestly suggest consider dropping the diploma. Thats a no win right there, but the reasoning for getting your diploma (other people have stated) are valid.

I agree with you, I have failed at 2 other projects I started last year however, I learned from experiences and the chances the next time are always much higher. I don't think it will take 5 years, if you have true dedication you can make it happen in a year. Its more having the drive to succeed and planning your strategy in order to do so.

[Kobe]

Some good insight thanks guys..

Don't worry about it Disoblige, I wasn't expecting to much out of this thread, I am surprised I've gotten as much from it as I have


It has changed my views for sure, and I think I only have 5 classes to take actually and 2 of them are arts and science options so I am just going to finish it off with maybe a Spanish course (Always wanted to learn) and something else that interests me

You guys can close or leave this open, depending if it stays on track or not..

Thanks

[UndrgroundRider]

I can't tell you how epically bad dropping out of school sounds.

Lets just review your situation for a second:

- High school education
- Still trying to live up to mommy and daddy's expectations
- Makes living as a professional poker player
- Past work experience in construction
- No idea what kind of business you want to start
- No experience in whatever field of business you decide on

So... Do I think you should drop out of a sure-ticket to a good job, where you could build capital and properly finance future business opportunities?

Is that rhetorical?



Why is it that poker players are always the ones who can rationalize this shit? This is quite possibly the worst idea I've heard on beyond this year.

I'm not saying all business startups are a bad idea, just that you are in the worst possible position to be starting up a business. I mean come on, financing a business startup with poker winnings? I laughed so hard I started crying after reading that. Anyone telling you to drop out has no idea what it takes to start a real business. You need skills in business, skills in the field, managerial skills, perseverance, and start up capital or an immediate cash flow. If you drop out of your business diploma course you'll have NONE of those things.

[Kobe]

Originally posted by UndrgroundRider
I can't tell you how epically bad dropping out of school sounds.

Lets just review your situation for a second:

- High school education
- Still trying to live up to mommy and daddy's expectations
- Makes living as a professional poker player
- Past work experience in construction
- No idea what kind of business you want to start
- No experience in whatever field of business you decide on

So... Do I think you should drop out of a sure-ticket to a good job, where you could build capital and properly finance future business opportunities?

Is that rhetorical?



Why is it that poker players are always the ones who can rationalize this shit? This is quite possibly the worst idea I've heard on beyond this year.

I'm not saying all business startups are a bad idea, just that you are in the worst possible position to be starting up a business. I mean come on, financing a business startup with poker winnings? I laughed so hard I started crying after reading that. Anyone telling you to drop out has no idea what it takes to start a real business. You need skills in business, skills in the field, managerial skills, perseverance, and start up capital or an immediate cash flow. If you drop out of your business diploma course you'll have NONE of those things.

First off I'm not trying to live up to mommys and daddys expectations, becuase this is my career path and both of my parents support that I'm playing poker for a source of income right now. I am going to school make my mom happy. I'm not sure if you know how european moms are when it comes to education but she would think it is the end of the world if I didn't finish school.

I am not going to even get into the topic of poker with you, but I can tell you that I am running par for Avg this month and I have made more then when working construction full time. (This is including studying for finals, having food poisioning, finding a place to live).

I am not sure why you are highlighting passed experience working construction? I worked it for 4 years full time and I think since I would like to start a construction based company it is a lot more informative then learning about most of the general based shit you learn in school.

You think that me taking a psychology intro class, some Spanish classes and some other bullshit options for a quarter of my diploma is really going to help me?

- I am going to assume you did not graduate in the last 2 years, and you have found the perfect/ideal career path for yourself. Let me give you some insight, There is THOUSANDS of kids that have finished there DEGREES and can't find a job for the life of them right now. Now there just keeps coming more students with degrees and no jobs in sight.

I am sure my "Diploma" will be useful for a management job at Superstore - "Which I could of been a supervisor at 5 years ago without any school work, Imagine where I could be now! however I do not think it will find me the job of my life.

Ok now on the financial situation my dad is pretty wealthy and I have a couple close people towards me that could invest in a business if I start one up. However I do not plan on doing this in any time soon anyways because of the shitty economy. I obviously realize this and have for a long time or I am sure I would of tried to startup a business.



I am sure you think that if I finish a 2 year Diploma that prob 100,00 students are sitting with right now with nothing to do with it and then another 100,000 students with a degree that can't find anything that I will find any job in the field that I want. But guess what they thinking the exact same thing, but now they have no backup plan.


Even though I know my Diploma is going to do no good for the next 5 years at least, I have decided to finish and continue to play poker until the market is back up the par again, and jobs are available, and the construction of homes starts to increase again.

There is so many different factors to analyze and you are just looking at "SCHOOL IS IMPORTANT YOU MUST TAKE IT TO BE SUCCESSFUL" You are telling me to look at the economy and how tough it is to start a business, however you haven't looked at it yourself in a students point of view. I don't know where you work, but how many people have been laid off in the last 2 years because of lack of work? How much more competition do you think that brings to the economy?

I'm gunna stop rambling, but what I am trying to say is I do have a backup plan for the time being, as much as you want to disagree with poker not being a stable income.

[SteveMo600]

It sounds like you've made your choice but wanted to put in my 2 cents anyways. Some of these responses are just awful. Dropping out of school is a viable option in some situations.

UndrgroundRider, do you realize that a large percentage of successful poker players dropped out of school? An even higher percentage when you just account for the online crowd. Gates dropped out of school to pursue his business, seems he's done quite well.


In your situation, I like the choice of finishing up school. You've already made it nearly 75% of the way and it doesn't sound like its of much difficulty to you. Just grind the last little ways. I can understand that it gets in the way of your poker, but there's ample time to play cards. In this generation (as compared to our parents) it's a lot more important to get additional education to HS. It may not have an impact if you open your own business, but it's a good hedge if the business doesn't work out and you need to find a job. It also gives you some sort of credentials when you open a business, so people take you a bit more seriously as opposed to just some rando that decided to open a business.

In terms of poker, I commend that you've been able to pay for it all with winnings. I've been reading some of the threads and such on the board about it, most people really don't understand how to play poker for a living. The swings are very stressful and the grind isn't as easy as your reg home games. It takes discipline and a solid bankroll. I've been playing for a few years, first year I def was a losing player but have since come a long way. Been playing seriously this year (in addition to a FT job) and have done quite well. Kobe, you play on tilt or stars? I've been solely playing tilt sitngo's and live cash. I find cash significantly easier to play live and tourn's way easier online. I like the blind structures online a lot better than the casino tourn's and in online cash, guy's are much more willing to make a play at you with air. Significantly easier to play live as much of it just comes down to hand valuation. Maybe I just suck at online cash though haha. I can't seem to make consistent money without crazy swings. Your thoughts?

Anyways, poker chat is probably for PM but I overall agree with your choice. Finish up your last few classes, it'll only get harder to do if you put it off.

[UndrgroundRider]

Originally posted by Kobe

...

That was quite the long post. I had to edit it out, to keep this short and sweet.

I'm not exactly sure who you're arguing with here, but it isn't me. I never said anything about the bad economy or how hard it is to start a business. Nor did I mention anything about poker being a bad way to pay the bills.

What I did say was that you don't have the necessary skills to start a business. Hell, we can't even talk about necessary skills until you figure out what your business is going to do. What you have isn't even an idea or a proposition, it's nothing. If you have a viable business, with a viable plan, then it might be a legitimate consideration.

[UndrgroundRider]

Originally posted by SteveMo600
UndrgroundRider, do you realize that a large percentage of successful poker players dropped out of school? An even higher percentage when you just account for the online crowd. Gates dropped out of school to pursue his business, seems he's done quite well.

Wow. That's great logic. Everyone should drop out and start businesses because it worked for Bill Gates...

Bill Gates is actually a perfect example of what I was talking about. I hope you realize Bill Gates was developing software since he was in grade 8. Which at that time, was exceptional. He was naturally brilliant, and was attending HARVARD. While attending grade school he worked for other software firms.

He had the skills and experience in the industry to start Microsoft. Kobe has poker skills and he wants to start a construction business. There's a difference.

[Lex350]

There is something valuable in finishing something that you started. It becomes part of a life habit as opposed to quiting something. This is especially true if you can;t see the path ahead of you. Finish the school.

[Disoblige]

Originally posted by rotten42
There is something valuable in finishing something that you started. It becomes part of a life habit as opposed to quitting something. This is especially true if you can't see the path ahead of you. Finish the school.

Couldn't have said it better myself.

[Cos]

I agree with the suck it up and stay in school. I experienced the frustration of being in shool, my wife is going throught it now, but am I ever glad I did finish.

[Jry_79]

Originally posted by InRich

would I recommend business school.... no. you know why?
cause they have mother fucking losers teaching the shit. How do I know? well look at it this way, if the teachers are so successful at business, why are they teaching it for only 50k a year? good businessmen in this city make a minimum 100k+++

Personally I think you need to finish, you've already wasted your time and money. Your 75% done. Suck it up and finish man, D is for done

...I knew some Professional Engineer's that teach at SAIT.....sure they make less money.......but people need to understand that sometimes making money isn't everyone's number one priority, I know some of them are thier just to share their knowledge and inspire........in a different dimension outside Calgary, that feeling is priceless.

Anyways to the poster.....finish up already, it sounds like youth is on your side so you have all the time in your life to open a business

[Cos]

Originally posted by Jry_79


...I knew some Professional Engineer's that teach at SAIT.....sure they make less money.......but people need to understand that sometimes making money isn't everyone's number one priority, I know some of them are thier just to share their knowledge and inspire........in a different dimension outside Calgary, that feeling is priceless.

Anyways to the poster.....finish up already, it sounds like youth is on your side so you have all the time in your life to open a business

I agree. I would say 95% of the instructors in my program do it for another reason than money. One dude has a double PhD in Elec Engg plus his P.Eng.

He makes good money but I am sure there are more glamorous jobs than he has. I know one instructor almost quit because they used to work August - December, two weeks off. Then Jan - April. He had May/June/July/ and half of august off with pay.

They took away May to make them grade their own exams and June is filled with meetings now. He was pissed. I would say only 2 or 3 of the first year instructors were there because it was the best they could do. The rest were amazing.

[Trini]

yea man suck it up and finish you've already reached so far in it, why quit now?

[kbye]

Originally posted by InRich
let me tell you exactly how it is...

blah blah blah
blah blah blah

attention whore much?

OP, just finish school.