When you look at the list of startup founders who dropped out of college and went on to make millions or even billions, or to just disrupt the world, it’s like a who’s who of entrepreneurship. So how these founders went from college dropout to millionaire entrepreneurs?
On the DealMakers podcast, where some of the most successful entrepreneurs share how they did it, I’ve uncovered that contrary to this perceived pattern, the majority of highly successful startup founders really do go to college. They may not all finish. Many hatch ideas in school, and then eventually go back to learn more about business and get their masters degrees.
Sometimes even after building multi-million dollar ventures. They often find huge advantages, not necessarily in the education, but the networks they build and the holistic perspectives they gain of building really large corporations.
The Ultimate Guide To Pitch Decks
One of the common themes behind how these founders went from college dropout to millionaire entrepreneurs is how great storytellers they all are in order to onboard investors, customers, and great talent. Being able to capture the essence of what you are doing in 15 to 20 slides is the key. For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) where the most critical slides are highlighted. Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400M (see it here).
Remember to unlock the pitch deck template that is being used by founders around the world to raise millions below.
ACCESS THE PITCH DECK TEMPLATE
Here are just some of our famous dropouts…
1. Bill Gates
Gates is a college dropout out of Harvard. He went to work at Honeywell before building Microsoft. He says he knew that worst-case scenario, he could always go back to school.
Being able to get into business at such a key time wasn’t an opportunity that he could guarantee would come along again.
As of 2019, Wikipedia reports Bill is worth $100B. Perhaps even more significantly, he is not only on the board of Warren Buffett’s Berkshire Hathaway, but he is also respected as one of the most significant philanthropists of our time.
He is proof that you don’t need a degree to change the world or make it a better place.
2. Mark Zuckerberg
Mark Zuckerberg is our next college dropout on this list. HE is probably the most famous college dropout among entrepreneurs.
While worth substantially less than Bill Gates, and having come under fire for various issues to do with Facebook recently, Zuckerberg is considered the youngest ‘self-made’ billionaire and is the only person under 50 on the Forbes’ top 10 richest list.
He is unquestionably one of the most powerful and influential people alive. All of this from starting with just $1,000 in startup cash. He has also become a notable real estate investor, recently following fellow billionaire Larry Ellison by purchasing 700 acres of a Hawaiian Island.
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