Having had friends that went to a technical high school I have a feeling that there's a subtle suggestion that, "graduates" might refer to talented kids coming out of high school. At any rate suggesting to a young person that they should essentially ruin their life to chase a pipe dream is unethical especially when you benefit financially from making these suggestions.
In what way is this "ruining your life"? If things don't go as planned, I imagine the person would be in a good position to pivot to higher education/a different job/starting something new. I think this idea that ruining one's life == not following the exact k-12 -> college -> big corporation route is short sighted.
All depends on the person, their goals, their expectations, the experiences they want to have.
Agree we should not deceive anybody that doing this would make them rich or have a successful business. Most startups fail, startups by new college grads who never had a job might fail even more than normal startups. But if an adult wants to burn a few years of their 20s this way, fine. Maximizing earning efficiency of earnings in your 20s might not be optimal either. Maybe you hit a local maximum and would have much higher earnings later after discovering something by following your nose for a few years.
Your 20s is a great time to be a founder. You have fewer responsibilities so can get by with less income and more easily up sticks to somewhere else. Your opportunity cost as a junior is low. It's a bad time to get a job as a junior too, so this is a good way to get job experience if nobody will hire you. You probably won't succeed (because most startups fail) but you'll learn a lot and probably have a lot of fun.
Senior year of college, aren’t we talking 21/22 year olds?
There's plenty of 65+ people who are still best described as toddlers.
Having had friends that went to a technical high school I have a feeling that there's a subtle suggestion that, "graduates" might refer to talented kids coming out of high school. At any rate suggesting to a young person that they should essentially ruin their life to chase a pipe dream is unethical especially when you benefit financially from making these suggestions.
That’s clearly not the suggestion of the post. It only mentions college students. There is no child abuse.
In what way is this "ruining your life"? If things don't go as planned, I imagine the person would be in a good position to pivot to higher education/a different job/starting something new. I think this idea that ruining one's life == not following the exact k-12 -> college -> big corporation route is short sighted.
Do a risk based calculation of compensation and learning.
Your will see that you are putting you self at risk - especially if you had the opportunity to work at an renowned business.
Eg. Having 2 no name defunct businesses on your resume you claim as startups over 3 years will likely not benefit you so much.
All depends on the person, their goals, their expectations, the experiences they want to have.
Agree we should not deceive anybody that doing this would make them rich or have a successful business. Most startups fail, startups by new college grads who never had a job might fail even more than normal startups. But if an adult wants to burn a few years of their 20s this way, fine. Maximizing earning efficiency of earnings in your 20s might not be optimal either. Maybe you hit a local maximum and would have much higher earnings later after discovering something by following your nose for a few years.
Your 20s is a great time to be a founder. You have fewer responsibilities so can get by with less income and more easily up sticks to somewhere else. Your opportunity cost as a junior is low. It's a bad time to get a job as a junior too, so this is a good way to get job experience if nobody will hire you. You probably won't succeed (because most startups fail) but you'll learn a lot and probably have a lot of fun.