Dropping Out To Start A Business

With people like Peter Thiel, co-founder of Paypal, paying people to drop out of school and start a business, leaving the classroom behind seems like a good idea. However, The Christian Science Monitor found some entrepreneurs who chose to go back.

John Price and Sam Dryden dropped out of the entrepreneurship program to pursue their photography and video-related businesses.

“I have never been a typical student, and I often found myself frustrated with classwork,” Dryden said. “When it looked like my business was going to be a success, I jumped at the opportunity to pursue something that at the time I decided was more important than a degree.

Timothy Weber left the Belmont entrepreneurship program to pursue his Web-based business, GoodMusicAllDay, full time. However, it wasn’t long before he decided leaving school might not have been a wise choice.

“After just one year out of college, I realized how little of a business background I had and how many ‘lessons’ I could have learned in a classroom instead of after they had already negatively impacted my business,” Weber said.

All three entrepreneurs believe the business experience they gained while out of school enhanced their learning curve when they returned.

“Leaving school gave me crucial experience that in my opinion made the return to Belmont more valuable than if I had never left,” Dryden said. “My experiences out in the ‘real world’ gave my professors leverage to turn class time into very meaningful time for me. It was no longer homework, and it was instead a focused business workshop that had actual repercussions in life.”

Photo by Ralph Daily

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