If you are an entrepreneur, 25 or younger, and do not have at least $10,000 available your dreams are definitely going to be put on hold. Unless you are fully capable of creating an extensive business plan, or a patent, by yourself, you need substantial buckaroonies to get started. A business plan, from a credible and capable firm will cost you about $10,000. With a concrete business plan you can most likely get funding. With funding you business can begin. Patents are a whole other story. They also require about $10,000 – $20,000. The bottom line is unless you have uncommon drafting abilities, or an extra $10,000, being an entrepreneur in America is a futile endeavor.
If you have recently graduated with a Bachelors degree your only hope for employment is an entry level position. Entry level, for most companies, has nothing to do with the primary objective of the company. For instance you many end up in the technology procurement department, purchasing products for the companies manufacturing purposes. Or you may end up doing some rudimentary data entry, or frivolous task such as getting coffee. Does any College provide experience? Should a college provide experience? I spent over $100,000 on college, and they provided zero experience. Obviously technical schools provide real work experience, but the credentials associated with that type of education are not declared a traditional/formal Bachelors. The best use I have for my Bachelors degree is meeting Graduate School requirements. Are we in a saturated market? A market where a recent Bachelors graduate must achieve greater educational credentials to acquire even a moderately respectable job. Entrepreneurs, that will not be happy with an entry level position, must go to Graduate School for a Masters degree in order to achieve anything substantial.
My experience on Monster.com, and other internet based resume systems is that employers are looking for people with no brains. They want people that will do anything, and question nothing. They want drones. They want slaves. For $25,000 a year for an entry level position, getting someone coffee, or doing some rudimentary tasks. Speaking for all Engineering graduates of the past several years, we want to show employers how smart we are. We want to be professionals, and this is the very reason we became engineers. We do not want to be lackys, we want to express our business desires and concepts in an effort to better ourselves and achieve economic profit. Shouldn’t a company want its employees to express their ideas? Having more perspectives should promote better projects, and avoid errors; but when an entry level employee has a professional idea they are shot down being rejected prior or subsequent to the interview process. These are the jobs that are most available to recent Bachelors graduates. We have to submit our resumes via online systems, in such a fashion that they are compared to countless competing applicants. The market is saturated with more and more people and the selection process is becoming increasingly discriminatory. Overall my personal opinion that a Bachelors degree is completely useless if you have any desire to achieve something substantial with your life. You NEED a Masters, and likely a Phd. A BACHELORS IS USELESS and nobody will take you seriously as a professional. Nobody will listen to your ideas. Nobody will give you credit. All you will do, with a Bachelors degree, is SOMEONE ELSE’S WORK! In America you have to be privileged to be an Entrepreneur. You have to either have some sort of connection, or substantial financial resources. Otherwise having dreams of businesses, inventions, and services is a pipe dream.