I have a business that is earning me $7k a month. Should I drop out of college to grow this business? - Hey everyone,
I'm a 20-year-old from The Philippines who's currently navigating a unique situation, and I could really use your advice. About half a year ago, I launched my own Social Media ghostwriting agency, specializing in serving streamers, YouTubers, and medium-sized companies who need a consistent online presence. So far, things have been going pretty well, and I've managed to create a good client base and am earning $7k a month.
On top of this business venture, I'm also pursuing a degree in Computer Science. Up until now, I've been able to juggle both my studies and my business, especially during semesters with lighter workloads. But here's where things get tricky – this semester, the coursework has significantly ramped up in terms of time and effort required.
This has put me in quite the conundrum. I'm torn between giving my all to my studies, potentially slowing down my business's growth and essentially killing it, or temporarily putting my academic pursuits on hold to focus more on expanding my agency.
I know this community has a diverse range of experiences and perspectives, and I'm hoping some of you might have encountered similar crossroads. Have any of you faced a similar situation? How did you navigate through it? What factors did you consider when making your decision?
Your insights would mean the world to me. Feel free to share your thoughts, advice, or any stories you think might help me see things from different angles. Thanks in advance, and looking forward to hearing your thoughts!
​
Additional Notes:
\- I am 2 years away from completing my degree
\- I hired and trained 3 social media ghostwriters but they still require my supervision so that the quality wouldn't drop off.Entrepreneur
I have a business that is earning me $7k a month. Should I drop out of college to grow this business? - Hey everyone,
I'm a 20-year-old from The Philippines who's currently navigating a unique situation, and I could really use your advice. About half a year ago, I launched my own Social Media ghostwriting agency, specializing in serving streamers, YouTubers, and medium-sized companies who need a consistent online presence. So far, things have been going pretty well, and I've managed to create a good client base and am earning $7k a month.
On top of this business venture, I'm also pursuing a degree in Computer Science. Up until now, I've been able to juggle both my studies and my business, especially during semesters with lighter workloads. But here's where things get tricky – this semester, the coursework has significantly ramped up in terms of time and effort required.
This has put me in quite the conundrum. I'm torn between giving my all to my studies, potentially slowing down my business's growth and essentially killing it, or temporarily putting my academic pursuits on hold to focus more on expanding my agency.
I know this community has a diverse range of experiences and perspectives, and I'm hoping some of you might have encountered similar crossroads. Have any of you faced a similar situation? How did you navigate through it? What factors did you consider when making your decision?
Your insights would mean the world to me. Feel free to share your thoughts, advice, or any stories you think might help me see things from different angles. Thanks in advance, and looking forward to hearing your thoughts!
​
Additional Notes:
\- I am 2 years away from completing my degree
\- I hired and trained 3 social media ghostwriters but they still require my supervision so that the quality wouldn't drop off.
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