“It’s extremely difficult to find smart people willing to start useful projects. Because sometimes what you start doesn’t work. The fact that it doesn’t work every time should give you confidence, because it means you’re doing something that frightens others.” — Seth Godin
An education can easily cost $30,000. It’s seen as one of the greatest investments ever. Everyone tells you to go to college. Everyone says that it’s the best investment. There are no other options. You have to attend college and that’s it.
Okay, what about the other option? What about investing in another career?
Here’s a quick story on a serious freelancing risk…
I started taking pro wrestling classes lately. It’s something that I’ve always wanted to do, but never got the chances. I was in college and working full-time, then I was growing my business, and I’ll stop the excuses there. The main reason was that I didn’t know where to go train. There were no gyms around me.
Finally, a new gym opened recently and pro wrestling training is being offered. It’s not cheap but it’s not a rip-off either, so I figured I would give it a try. I’ve met all kinds of characters in class.
“I’m really out of shape because I started binging on food after WWE turned me down.”
I was talking to this one dude. I was shocked when he told me this. I had no clue that he tried out for WWE because he was totally out of shape. This guy took a loan out for $30k, moved down to Florida, and took a few months to try out for WWE. He quit his job and took out a loan.
That’s freaking insane to me!
He is now $30k in debt and said he had to move back with his parents. I’m not bashing him. I’m just shocked to hear this. That’s a serious risk.
Would you invest $30k in hopes of starting right away?
There are many schools of thought here:
- If you’re going to fail, you fail fast, right?
- You have to risk it all.
- Save up your money, get an education, and then take some chances.
- Play it safe.
Where do you stand?
Full disclosure: I don’t have the balls to risk it all.
I just can’t do it. I can take social, emotional, and financial risks. I just can’t risk it all. I can’t do all or nothing. I couldn’t risk $30k on something that isn’t guaranteed.
In the past, I have risked thousands of dollars on a rental property and an education. I didn’t feel bad about that nor did I ever doubt myself. However, there’s just something about spending the money on an uncertainty that doesn’t sit well with me. I need some sort of a guarantee. There are no guarantees in freelancing and I don’t know if I could risk $30k.
I have to ask now: would you be willing to risk $30,000 in hopes of getting a dream career? Would you invest this money into an education or career? What’s the difference?