If I had a four-year college graduate who comes out with a philosophy degree and I've got somebody who's been in sales for four years and didn't have a degree and they're the same age, who do you think I'm picking for the sales job? The guy who's been in sales for four years. Welcome to the game where we talk about how to sell more stuff to more people in more ways and build businesses worth owning. I'm trying to build a billion dollar thing with Acquisition.com. I always wish Bezos, Musk, and Buffett had documented

their journey, so I'm doing it for the rest of us. Please share and enjoy. To go to college or not

go to college, that is the question in the game of life. And I'm going to show you the data

so that you can make your

own decision. And at the very end, I'll give you my honest advice. 1.76 trillion is more GDP than

every country in the world besides maybe the top 10. So that means that our college-dades kids, young adults, are taking on more

debt than entire nations produce. And so at some point, you have to think, are they going to

be able to make that up? And if you're a parent or loving relative that a young person who's making

this decision is sent to, I want to talk to you specifically. I went to Vanderbilt, which is a very good school. Right now, I think it's ranked 13 that's tied with Brown as a pseudo-Ivy League school. I graduated in three years, Magnet Cum Laude. I was president of my fraternity. I was vice president of the powerlifting team, and I did it in three. Then I went into a white collar job, managed been consulting for two years. And then while I was at that job, I studied very hard and got above Harvard Business School's GMAT midscore.

And so that was my plan until I started thinking a little bit more for myself about, wait, does the math really make sense here?

Fast forward a decade. I now want a portfolio of companies that does over $200 million a year. And I make these that hopefully younger people or just people at different stages in their career can make better

picks. And so that's my formal education side. My informal education side is that I quit my

white collar job, started at minimum wage at a gym where I paid a guy to let me work for him and

follow him around all day. Then I

got into the gym business, scaled that to 5,000 locations in the U.S. and are a company called gym launch, and I sold that to private equity group for $46.2 million. I now own a portfolio of companies that has over 1,000 employees. And so I know what businesses today are actually looking for. And it's not what I used to think and maybe what you used to think years ago, which is,

no one even looks at where you went to school or what you majored in or even what your GPA was. All we care about is your experience and the likely that you can do the job well. And many of the jobs that are available today, there is no school for. Because the school degrees and the things that they taught have nothing to do with how much the economy has changed.

And I know you care a lot about whoever you're helping make this decision. I want you to know, I care just as much.

And I don't benefit from either of these decisions that they choose to make, except for maybe if they do something that adds benefit to the workforce, they might eventually work on my companies.

But that's really it. And so I make this as even handily as I can because I benefited from both

sides. And here's one of the worst parts about this debt. Number one is that the interest rates are high.

And number two is that you literally can't bankrupt out of it. Meaning, once you do this, you're stuck

paying it for the rest of your life. I think that's one point for not

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