• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Commentary

This Entrepreneur Thinks You Should Drop out of College

By
Patrick Bet-David
Patrick Bet-David
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
By
Patrick Bet-David
Patrick Bet-David
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
December 8, 2015, 7:00 PM ET
Courtesy of PHP Agency
Add Fortune on Google for similar content.

The Entrepreneur Insider network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers. Today’s answer to the question “What can every aspiring entrepreneur do before college graduation to be more successful?” is written by Patrick Bet-David, founder of PHP Agency.

Before you graduate college, drop out. Unless you are studying to become a lawyer, an engineer, a doctor, or any other career that actually requires a specific degree to practice, there is, in my opinion, no need for a college degree.

Prior to my enrollment in college, I had led a pretty interesting life. My family had fled a war-torn Iran, which meant we would live in a refugee camp in Germany for two years. My first job was picking up empty beer bottles on the streets, and a man paid me 10 pennies per bottle. I brought him 2,500 bottles and he gave me 250 marks, enough to by the Super Nintendo I’d been wanting (I was the only kid in the refugee camp with a Super Nintendo). With my shiny new game system in tow, I was able to distract the brother of the girl I’d been eyeing and spend some quality time with her. (Yes, I will forever be indebted to the Super Mario Brothers.)

Later, my family came to America, where I soon joined the military. There, I learned quickly (and painfully) there would always be someone tougher and better than me. To succeed, I had to learn the art of war because capitalism favors those who have a clear strategy—“winging it” is not an option. I traveled to many different countries and met people from a myriad of cultures. And it wasn’t until after all of that that I went to college—because, isn’t that what you are supposed to do? Well, I can safely say that during that brief stint at university, the only true experience I acquired was found outside of the classroom.

See also: Proof a High GPA Won’t Guarantee Success

I was majoring in nutrition because I was interested in bodybuilding at the time. On the side, I worked at Bally Total Fitness selling memberships. One day, my friend came in and was raving about how he’d just graduated college and how, with his fancy new degree in hand, he’d landed this awesome job—for $30,000 a year. My life as a college graduate with a degree in nutrition suddenly flashed before my eyes: I wasn’t going to become the Middle Eastern Arnold Schwarzenegger. Instead, I was going to become a personal trainer and join my friend in a $30,000 annual salary. I was already making $40,000 in my sales position. Needless to say, I dropped out the next day.

Instead of focusing on knowledge in the traditional sense, I focused on experience, which I knew would lead to something far more profound: wisdom. Additionally, I became a major advocate for self-education, reading thousands of texts on business, philosophy, and economics. I kept my job in sales and channeled my early life experiences. See, most people think that to be a successful entrepreneur, you must have a certain personality type, but that isn’t the case. It’s about choices, about seizing opportunity, and about perseverance. I was a very shy child, but soon enough, I had no choice but to come out of my shell. I needed to become more like my father, and I needed to protect my sister and mother. I started interviewing the people who were buying memberships from me at Bally’s. I noticed that the majority of people who were making six figures did not have college degrees either. What mattered most was clarity, forming relationships, and experience.

I made everyone I met a mentor, from my military drill sergeants to successful CEOs. I made the choice to hustle and work hard (and sometimes for free) in order to gain the experience and relationships I needed to get where I wanted to be. By the time I was 30, I had founded and was running one of the country’s fastest–growing financial services marketing organizations. And I did it all without a college degree.

Now, I’m not saying this path is for everyone. However, I do firmly believe the value of experience—of wisdom—will almost always outweigh a college degree. And so, from one entrepreneur to another, I say drop out—at least for a few years. College will always be there. Let it be your backup plan, rather than your main focus. If your experience is anything like mine, you will be in a position to hire your friends for an entry-level position by the time they graduate college and (finally) enter the workforce.

Patrick Bet-David is an American entrepreneur, author and CEO. He founded PHP Agency, Inc., a financial services marketing organization and one of the fastest-growing companies in the nation.

Read all responses to the Entrepreneur Insider question: What can every aspiring entrepreneur do before college graduation to be more successful?

College students, here’s what you need to do before launching a startup by Aaron Price, founder of the NJ Tech Meetup and rocketfuel.cc.

About the Authors
By Patrick Bet-David
See full bioRight Arrow Button Icon
By Bethany Cianciolo
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

nido
Commentary250 Years of Innovation
As an immigrant turned entrepreneur and college president, here is why I celebrate our nation as it turns 250
By Nido R. QubeinJune 25, 2026
2 hours ago
Asia’s defense boom is rewiring the global arms supply chain
Commentaryarms, weapons, and defense
Asia’s defense boom is rewiring the global arms supply chain
By Chris OberoiJune 24, 2026
17 hours ago
steve
Commentary250 Years of Innovation
Steve Case: America was built by entrepreneurs. Here’s how we keep that edge for the next 250 years
By Steve CaseJune 24, 2026
1 day ago
t
CommentaryWhite House
Trump mistakes the bully pulpit for bullying leadership — history’s villains were never heroes
By Jeffrey Sonnenfeld and Steven TianJune 24, 2026
1 day ago
mg
CommentaryHealth
The ‘tech neck’ time bomb: why 43 million young Americans could cripple U.S. health care within a generation
By Michael GerlingJune 24, 2026
1 day ago
sb
Commentaryclimate change
The climate policy triangle: why leaders can no longer choose between growth, security and sustainability
By Sebastian BuckupJune 23, 2026
2 days ago

Most Popular

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
1 day ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
23 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
1 day ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
Economy
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.