School
is an institution of learning, but do you really have to pay in order for you
to study? Forget about getting a degree if you really don’t have money to pay
for a tuition fee in business school, you can start your own business without
having a business degree, because in the world of business there are no
requirements to be in, your knowledge
and will is more than enough to succeed, they won’t ask for a diploma or your bachelors degree because
once you started your own business, you are
the boss, so you’re better than those with higher degree who went from
the prestigious schools but currently employed working for their boss and
earning less than what they paid in getting their degree. And many of those bosses
now actually started from rag to their current riches, and they have people
working for them who are holding higher degrees than they have.
In
fact the average net worth of billionaires who drop out in college ($9.4 billion) is approximately
triple that of billionaires who have PhD degrees ($3.2 billion).
So,
do you really have to pay high tuition fee to become a successful businessman?
Well, if you can afford why not. But now, especially here in the Philippines,
most of those taking up business course belongs to the wealthy family, because
compared to other courses, it’s much expensive and many believed that business
course should be taken up only of those heir of their existing family business
to run. Now since you’re from a poor family, why pay to get a business degree
and end up graduating but still paying for your parent’s debt instead of
starting your own business already? If you just look around and read about
stories of these people above, you might realize the reality that degree isn’t
actually necessary. Not only them, lots of them.
List
of the Richest School Drop Out Billionaires and Successful Entrepreneurs
1. Bill Gates: He is the billionaire
co-founder of Microsoft Corporation, the world largest software company.
Dropped out of Harvard to focus on building Microsoft. According to Forbes
magazine, Bill Gates has held the position of the world richest man for
thirteen consecutive years and he not showing a sign of letting go that
position.
“To win big, you
sometimes have to take big risks.” – Bill Gates
“We were young, but we
had good advice good ideas and lots of enthusiasm.” – Bill Gates
2. Thomas Edison: Thomas Edison was labeled
dumb and scatterbrain by his school teachers but he went on to become one of
the world’s greatest inventors and founded General Electric; one of the most
powerful companies in the world.
“Many of life’s
failures are people who did not realize how close they were to success when
they gave up.” – Thomas Edison
3. Orji Uzor Kalu: He is one of the richest
men on the soil of Africa. This young billionaire was rusticated from college
for his participation in a student’s protest. Instead of lamenting over his
predicament; he started trading on palm oil and from that humble beginning, he
grew his business into a conglomerate “Slok Group.” Though he was
later pardoned by the school authorities, he rejected the amnesty offer thereby
refusing to return to school.
“A good businessman
must have nose for business the same way a journalist has nose for news. Once
your eyes, ears, nose, heart and brain are trained on business, you sniff
business opportunities everywhere.” – Orji Uzor Kalu
4. Li Ka Shing: Billionaire owner of
Hutchinson Whampoa; one of the largest conglomerates in Hong Kong, with
operations that span over fifty countries and more than 220,000 staff
worldwide. Dropped out of school at the age of 15 and started out by selling
watch bands.
“The first year, I
didn’t have much capital so I did everything myself. I had to keep my overhead
low by learning everything about running a business, from accounting to fixing
the gears of my equipment. I really started from scratch.” – Li Ka Shing
5. Richard Branson: Best known for his
adventurous spirit and outrageous business tactics. He dropped out of school at
the age of 16 to start his first successful business venture; Student Magazine, bought his own 79-acre Caribbean island when he was just 24 and he
was knighted in 1999. He is the billionaire founder of the Virgin brand
and its 360 companies. His companies include the famous Virgin Atlantic
Airways.
“I wanted to be an
editor or journalist. I wasn’t really interested in becoming an entrepreneur,
but I soon found I had to become an entrepreneur in order to keep my magazine
going.” – Richard Branson
6. Lawrence J. Ellison: Larry Ellison dropped
out of college twice and was told by his adoptive father that he would never
amount to anything but he went on to become a billionaire by building Oracle,
the world’s second largest software company.
“I
have had all the disadvantages required for success.” – Larry Ellison
7. Michael Dell: He dropped out of
college at the age of 19 to start PC’s Limited; later renamed Dell Computers
Inc. Dell became the most profitable PC manufacturer in the world making
Michael Dell a billionaire.
“I had to give it a
full go and see what happened.” – Michael Dell
8. Steve Jobs: Billionaire co-founder of Apple
Inc and Pixar; dropped out of Reed College to start Apple.
9. Henry Ford: This automobile
billionaire was born in abject poverty. He never saw the four walls of school
but he went on to build Ford Motor Company and become one of the richest men
that ever lived.
“Thinking is the
hardest work to do, that’s why so few people are engaged in it.” – Henry Ford
10. Walt Disney: Walt, regarded as the most
influential animator because of his creativity with cartoons. He dropped out of
high school at 16 and founded Walt Disney; a company which now has an annual
revenue of about $30billion.
“If you can dream it, you can do it.” – Walt Disney
11. Ray Kroc: Billionaire Ray Kroc never saw
the four walls of school and spent most of his life working as a salesman. He
bought McDonald’s in 1961 for $2.7m and grew it into a multi billion dollar
company.
“Press on. Nothing in
the world can take the place of persistence. Talent will not; nothing is more
common than unsuccessful men with talent. Genius will not; the world is full of
educated derelicts. Persistence and determination alone are omnipotent.” – Ray
Kroc
12. Debbi Fields: A 20 year old housewife with
no education and business experience started Mrs. Fields Chocolate Chippery and
became the most successful cookie company owner. She later renamed, franchised,
and then sold Mrs. Field’s Cookies.
“You don’t have to be
superhuman to do what you believe in.” – Debbi Fields
13. Cosmos Maduka: Nigerian Elementary school
drop out and billionaire founder of the Coscharis Group.
14. Ingvar Kamprad: Billionaire founder of
IKEA. He dropped out of high school at the age of 17 to start IKEA; now the top
home furniture retailer in the world, with over 90,000 employees working in its
200-plus stores, and annual revenues in excess of $10 billion.
“I’m not afraid of
turning 80 and I have lots of things to do. I don’t have time for dying.” –
Ingvar Kamprad
15. Carl Lindner: Billionaire investor and
founder of United Dairy Farmers. He dropped out of high school at the age of 14
to deliver milk for his family diary.
16. Simon Cowell: Famous for his involvement
in American Idols, he dropped out of school at age 16 and started his own
record label “Fanfare” at the age of 23.
“Good is not enough;
you’ve got to be great.” – Simon Cowell
17. Mary Kay Ash: Founder of Mary Kay Inc and
best known as the most outstanding business woman in the 20th century. Mary
never saw the four walls of school.
“When you reach an
obstacle, turn it into an opportunity. You have the choice. You can overcome
and be a winner, or you can allow it to overcome you and be a loser. The choice
is yours and yours alone. Refuse to throw in the towel. Go that extra mile that
failures refuse to travel. It is far better to be exhausted from success than
to be rested from failure.” – Mary Kay Ash
18. Coco Chanel: Fashion magnate and founder
of the Coco Chanel brand, she never saw the four walls of school.
19. Wayne Huizenga: Wayne is the only person
in history to build three Fortune 1000 companies practically from scratch:
Waste Management Inc, Blockbuster Entertainment and AutoNation. He is the only
person to have developed six NYSE-listed companies. He also owns the Miami
Dolphins and is previous owner of the Florida Marlins baseball team and the
Panthers hockey team, making him the only person ever to own three pro teams in
a single market, two of which won national championships. He dropped out of
college to join a friend in a garbage collection business.
20. Barry Diller: This billionaire media
magnate dropped out of college to start Fox Broadcasting Company. He is
chairman of Expedia, and was once the CEO of IAC/InterActiveCorp which includes
Home Shopping Network and Ticketmaster.
“There’s a world in
which reasons are made up because reality is too painful.” – Barry Diller
21. Andrew Carnegie: Founder of Carnegie Steel
Company and one of the richest men that ever lived. Born in abject poverty,
Andrew never saw the four walls of school.
“I shall argue that
strong men conversely know when to compromise and that all principles can be
compromised to serve a greater purpose.” – Andrew Carnegie
22. Sir Philip Green: Billionaire retail mogul
and owner of the Arcadia brand, he dropped out of school at the age of 16.
After four business failures, Philip Green made his first million at the age of
33.
“If you’ve got a
natural talent, I think it’s fantastic. If I wasn’t in retail, being a singer
or a tennis player would be a better idea.” – Sir Philip Green
23. Madame C. J. Walker: She was born into the
family of ex-slaves and farmers. Despite being widowed at the age of 20 and
faced with extreme hardship, she started a cosmetics business and went on to
become the first American self made female millionaire.
“I had to make my own
living and my own opportunity! But I made it! Don’t sit down and wait for the
opportunities to come. Get up and make them” – Madam C.J. Walker
24. Mark Zuckerberg: The youngest billionaire
in the world, dropped out of Harvard to promote his social networking platform;
Facebook. As at 2010, he was 23 years and worth $4billion.
25. Ted Turner: Billionaire drop out media
mogul and founder of CNN; pledged a billion dollars to the United Nation.
“All my life, people
have said that I wasn’t going to make it.” – Ted Turner
“Over a three year
period, I gave away half of what I had. To be honest, my hands shook as I
signed it away. I knew I was taking myself out of the race to be the richest
man in the world.” – Ted Turner
26. Cornelius Vanderbilt: Dropped out of
school at the age of 11, began operating his own boat at the age of 16 and
became one of the richest men in history.
“If I had learned
education, I would not have had time to learn anything else.” -Cornelius
Vanderbilt
27. Mayer Amschel Rothschild: was born in a
ghetto; started business as a money lender and built the largest private
fortune in history. He never saw the four walls of school.
“Give
me control over a nation’s money supply and I don’t care who make the laws.” – Mayer Amschel Rothschild
28. Ty Warner: Billionaire real estate
investor, hotel owner, sole owner, CEO, and Chairman of Ty, Inc. Ty Warner is a
savvy, yet private business man. Ty, Inc; made $700 million in a single year
with the Beanie Babies craze without spending money on advertising. He has
since expanded to include Ty Girlz dolls, directly competing with Bratz dolls.
29. Howard Hughes: Dropped out of California Institute of Technology and Rice University; founded
Hughes Aircrafts and Co and went on to become a billionaire.
“I intend to be, the
richest man in the world.” Howard Hughes
30. Giorgio Armani: Billionaire founder of the fashion brand; Giorgio Armani S.P.A.
Dropped out of medical school at the University of Bologna because he couldn’t
stand the sight of blood.
“Remain true to
yourself and your philosophy.” – Giorgio Armani
Successful Entrepreneurs and World’s Richest School Drop Out
Billionaires
31. Asa Candler: Founder of the Billionaire company and world’s most popular
brand; Coca Cola. He dropped out of school at the age of 10.
32. Jenny Craig: With no college degree, this
woman started Jenny Craig Inc from scratch and grew it to become one of the largest and
most recognized companies in the weight management industry.
“If I make a
commitment to something, I will stick to it no matter what.” – Jenny Craig
33. Rachael Ray:
Despite having no formal training in culinary arts, Rachel Ray made a name for
herself in the food industry. With numerous shows on the Food Network, a talk
show and cookbooks, high-energy Rachael never slowed down. She has also
appeared in magazines as well has having her own magazine debut in 2006.
34. Milton Hershey: With only a fourth grade
education, Milton Hershey started his own chocolate company. Hershey’s Milk
Chocolate became the first nationally marketed chocolate.
35. Frank Lloyd Wright: surpassed all odds to
become the most influential architect of the twentieth century. Frank Lloyd
Wright designed more than 1,100 projects with about half actually being built.
He never saw the four walls of high school.
36. David Geffen: billionaire founder of
Geffen Records and co-founder of DreamWorks.
“I
never went to business school. I was just bumbling through a lot of my life. I
was like the guy behind the curtain in the Wizard of Oz.” – David Geffen
37. Billy Joe (Red) McCombs: founder of
Clear Channel media, real estate investor.
38. Craig McCaw: billionaire founder of McCaw
Cellular.
39. Dave Thomas: billionaire founder of
Wendy’s.
“There’s no one to
stop you but yourself.” – Dave Thomas
40. ay Van Andel: billionaire co-founder of
Amway.
41. Micky Jagtiani: billionaire retailer,
Landmark International
42. John Paul DeJoria: billionaire co-founder
of John Paul Mitchell Systems and Patron Spirits tequilla.
43. David Green: billionaire founder of Hobby
Lobby.
44. Frederick “Freddy” Laker:
billionaire airline entrepreneur.
45. Kirk Kerkorian: billionaire investor,
owner of Mandalay Bay and Mirage Resorts, and MGM movie studio.
46. Leandro Rizzuto: billionaire founder of
Conair
47. Leslie Wexner, billionaire founder of
Limited Brands.
48. Marc Rich: billionaire commodities
investor and founder of Marc Rich & Co.
49. S. Daniel Abraham: billionaire founder of
Slim-Fast.
50. Theodore Waitt: billionaire founder of
Gateway Computers.
51. Y.C. Wang: billionaire founder of Formosa
Plastics.
52. Paul Allen: billionaire co-founder of
Microsoft Corporation; dropped out of Washington State University.
53. Ralph Lauren: Billionaire fashion mogul.
Studied business at Baruch College for two years and dropped out.
54. Dean Kamen: Billionaire Kamen holds more
than 80 US patents; famous for the Segwey PT, Auto syringe and IBOT robotic
wheelchair; dropped out of Worcester Polytechnic.
55. Dhirubhai Ambani: Famous founder of
Reliance Group and father to two billionaires; Anil and Mukesh Ambani. Started
Reliance Industries from scratch and never saw the four walls of school.
These people already proved it, now it’s up to you how you will
apply their legacy of good values and inspirations to make your own path to
success. Start your journey now and then call me back when you get there so I can
add you in this list and become one of these people who inspired many people and
that includes you and me.
I really appreciate you for spending time to read my blogs,, so to show my appreciation,
i always prepared a gift in every blog i posted,,
I
read my other blogpost, I prepared another gift there J Merry Christmas J
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