Young Entrepreneurs! My Advice re: Higher Education

Nick shares his views and experiences about whether higher education is an investment worth making if you want to be an entrepreneur. Those teaching in higher education can be theorists with no real-life experience of business and this can make it challenging for the aspiring entrepreneur. Nick explains the journey he made and why if you want to be an entrepreneur, working in a dynamic entrepreneurial business will mean you can learn about what is really important and what truly makes a difference in business.   KEY TAKEAWAYS If you want to pursue a profession where a specific degree is required then studying for, and obtaining a degree is a good investment in time and money. Many lecturers teaching about business are theorists, they aren’t people who have their own businesses If you want to become an entrepreneur and start your own business there are better ways to spend your time and money. What made the biggest difference, for me, was working for a small entrepreneurial business where I learnt about all the areas I wanted to know about There is a lot of value in the non-classroom education that is part of a university education and all these things were valuable experiences If you want to become an entrepreneur find a dynamic entrepreneurial small business in the area you want to be involved in and work for them.   BEST MOMENTS ‘They weren’t actual business owners and for me that a problem’ ‘Now I’ve built a number of multi 7 figure coaching and speaking businesses’   VALUABLE RESOURCES Empire Builders Podcast    ABOUT THE HOST Nick James Nick dropped out of university at the age of 21 and failed spectacularly with his first coaching business, which forced him to take a £16k/yr telesales job.  Within 12 months he was the top performer and left to start his second business at 24. This time he discovered a winning formula and before long had a multi-six-figure company. He then made a huge mistake which nearly put him out of business and cost him £50,000 in personal cash! Fortunately, Nick kept it afloat, turned it around, and sold that business 2 years later in a seven-figure deal.  He then co-founded a multi-million-pound marketing company, which he exited in 2015, and created Expert Empires. Today, Expert Empires is known as the UK's number one business event for Experts, with world-renowned celebrity speakers like Gary Vaynerchuk, Grant Cardone, Chalene Johnson, David Goggins, and Lewis Howes gracing the stage. Nick also specialises in helping Coaches, Consultants, Speakers, Trainers, and Authors take their businesses from zero to six figures and beyond through his Expert Empires Mastermind programme.