michael ellsberg

I have a B.A. in Writing, Literature, and Publishing from Emerson College, despite myself.

I mean, there was never a question I would go to college. After all, it never occurred to me that any other path was available.

But I started out studying journalism at the College of New Jersey. I became disenchanted and discouraged by my choice of major. I fell into a depression after both the death of my grandmother and the end of an abusive relationship. I dropped out of college with the certainty that I didn’t need it to be a writer.

Which was true, but I wasn’t sure how to go about making money. I ended up in a crappy retail job, at which I lasted for two months. Is this all I’m capable of without a degree? I asked myself, horrified. It wasn’t, but I didn’t know that. I ended up at Emerson.

After graduating, I was lucky enough to get a job within two months (though not in my field). I was miserable there, and felt relief when I was laid off after six months. A year later, I had my feet planted firmly within the publishing industry. Finally. I was content… for awhile. But I soon realized I had no interest in working my way up the corporate ladder. I wanted to create. I wanted to be my own boss.

And so I made my circuitous way to the here and now, where I’m a happy, and pretty well-balanced, business owner. I’m lucky enough to be one of the few people out there who has ended up making money in the field they studied in college. But I could have gotten here quicker. I could have gotten here without incurring debt. I just didn’t know.

Last weekend, I toted my copy of Michael Ellsberg’s The Education of Millionaires to my yoga/cooking retreat up in VT, where I devoured it during the free time I had between yoga and cooking classes. As I read, I found myself giving a silent hells yeah as Ellsberg gave voice to something I had always felt when it comes to academia.

“Despite sixteen years or more of schooling,” he writes, “most of what you’ll need to learn to be successful you’ll have to learn on your own, outside of school, whether you go to college or not.” He goes on to describe a scene that’s decidedly familiar these days:

“We now live in an age when it is likely that the person pouring you your coffee at the cafe in the morning has spent four years studying literature, or even business and marketing, in a degree-granting institution. That person is likely to be carrying tens of thousands of dollars in student debt, and more in credit card debt accrued in college, for the privilege of having studied to pour you your coffee with such literary and business acumen.”

I thought of my time on unemployment. A full year. I thought of how humiliated I had been to stoop to temp work, handing out food samples at donut shops and supermarkets. I thought of how my life might have been different if I’d aimed for entrepreneurship rather than employment. But the possibility had never occurred to me. That only came later.

Ellsberg goes on to advocate self-education over academia — a pursuit I’ve come to advocate heavily in the past five or so years –providing readers with a resource-heavy curriculum in the areas of networking, marketing, sales, and entrepreneurship. At the end, he describes the “education bubble,” exploring further why a single-minded reliance on academia may cause the bubble to eventually burst.

At the end, I’m both inspired and introspective. I feel validated. I think to myself: College and the corporate ladder aren’t the only options. and my future children will know that, and will be supported in whichever path they choose.

I enjoyed my time at Emerson. I developed as a person, and met people there who are still incredibly important to me.

But did college hold me back? Would I be even more successful now if I’d gotten an earlier start on the entrepreneurial path?

I’ve learned more in the past five years than I ever learned in the previous 26. This much is true.

What will you tell your children?

Why Itâ€™s Totally Cool If My Kids Skip College

20