Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

success

I love business the way some people love football. It’s a passion for me: most kids at 18 years old are just entering college, but I was busy starting my first real company. At the time, I just couldn’t imagine taking two more years of required courses before digging into what I really loved, so I skipped college and sought out mentors to show me the way instead.

Here are three of the best pieces of advice I got along the way to help ensure I’d be a successful entrepreneur:

1. Put a dollar figure on your time — and any task you can outsource for less, do it.

When I first started out, I was doing everything in my company, including shipping, data entry, you name it.  One of my first mentors said, “I promise that you can pack boxes better than anyone else at your company, but is that what you want to be doing all day?” I decided my time was worth $20/hour (a whopping figure at the time) — which meant no more shipping boxes for me! Instead, all of that time saved went into things that were going to make money for my companies (like sales calls, marketing, etc.).  That decision changed my life, and within one year of implementing that advice, I went from $150,000 in sales to over $1M.

To read the full, original article click on this link: 3 Lessons I learned After Skipping College to Start Up