/biz/ - Business & Finance

>>1323363
>>1323422
>>1323160
>>1323249

These graphs are still only blips of Data. To get a decent picture of the world you'd need to do multifactorial statistics. Because in the Real world everything is fuzzy and interrelated.

The basic example is plants with water, fertilizer, and sunshine.
All together they make a fantastic plant, but subract any one any you have a mediocre plant.

>>1316993
Well, any Job for lyfe is probably the pathway to mediocrity. Small business is really the gateway out for most people. But not just small business you have to be continuously improving and compounding your improvement at your business, because the world moves faster than everyone thinks over the years.

When you do the math x(earning rate)^y(time) in college you're trading a few years and maybe a few points on the earnings rate for a significantly higher rate later on.

The goal is to save 130k, so you can buy a $1M business with the SBA.
say lifestyle is 12k or 16k
trade job you'll go from 20k-to30k to 40k over the first 3 years.
vs college (10k) per semester plus interest so say - 60k in the hole after all the interest, at the usual 5 year repayment rate. Starting salary is 40k and you get bumped to 60k after 2 years.

Say you're forced to make a 100k investment everytime you have it.
By the time You're 30 they break even, and the additional earning power of the college student makes the stretch between investments much shorter, once the loans get paid off.

There are pros and cons to both, I've know more millionaires who didn't get a college education than did. but I don't have the data to control for population. Its more likely that business ownership has nothing to do with college or trades. You may just have to commit to doing it.

I know a lot of idiots who still have sole proprietorships but make decent cash.