Formal Education Is Important
If the market crashes and everyone is out of their jobs, the few jobs that are left will be looking for smart, educated people. Having a graduate degree and/or doctorate is one way to show that on paper.
Area of Focus Is More Important
What education says is that you had the ability to focus on a certain area and really put in the time and effort that it took to get something done.
Having a specific area of focus is even more important. What are you an expert in? What is is that you specialize in. Be passionate about one area and that will take you far down the road.
Startups Are Risky
This is completely obvious, but a startup is tremendously risky and the statistics show that not very many of them are actually profitable in the long run.
What kind of risks are you wiling to take and how much risk are you willing to tackle?
Large Corporations Are More Secure
The opposite of risky startups is risk adverse corporations. Large corporations simply have the experience and time investment.
Also, they provide an environment for people who need to support families, mortgages, and other liabilities.
Nothing Comes For Free
Anything worth having or pursuing really does not come for free. It takes time, hard work, and lots of effort to make something come together.
There is no such thing as a handout. Everything has a consequence and costs something to somebody. This is the same concept as everything has energy.
Know What You Want
Nobody knows what they want, so how am I supposed to know what I want and then chase it? But I have to know and plan for what it is that I want.
This applies to what I want in my career, what I want in my life, and what I want in my personal growth. All three are equally important.
Never Let Rejection Control You
We make mistakes every day. Understanding why things happen at their core and what causes them to happen is a great way to get a hold of your life.
Realizing why something happened is a great way to address it and change for next time.