Can college help you generate entrepreneurial ideas?


We’ve received a number of comments on yesterday’s question of the day, Would you take $100,000 to forgo college?

As I mentioned in my post, it stems from news that the Thiel Foundation is offering some young people $100,000 to skip college and pursue their entrepreneurial ideas instead.

I’ve heard a lot recently about how students must learn to be entrepreneurs — such as in this lame promotional video — and such posts usually launch discussions about the meaning and value of a college education. They’re all good debates, though the original question is actually a fairly narrow one.

That’s why I think reader Paul hit it on the head with his comment:

Starting a business requires both financing and a good idea. When I was 19 I had neither. If someone had given me $100k to start a business, I wouldn’t have had a clue what to do with it. College helped with that – I learned a bit about running a business (and many other things about life) but still have no great entrepreneurial ideas. I’m not sure that either money or education can help generate those.

Read the full range of comments here.