Im 20, been working on my business for about a year now. Finally starting to make some serious money with it, roughly $500-$1k/day. I have an opportunity to study abroad next semester and sail around the world with a bunch of people my age. If I go abroad I won't be able to work on my business very much, I can probably still do roughly $2-5k/month. Would you take the 3.5 months off and travel the world or stay back and build more capital. Keep in mind my current business is probably a short term business, will need to pivot within a few years.
Study Abroad or Build Capital?
byu/Beautiful-Nose2253 inbusiness
Posted by Beautiful-Nose2253
3 Comments
If it’s a short term opportunity keep building
I would take study abroad as that can be a once in a lifetime opportunity.
If your saying you can make around 1k/day for a few years, I’d probably do that. Then you’ll be able to travel later and start a new company, with that half a mill or what you might have left.
If you see the risk of that not being the case, I’d probably go for the abroad now. The business opp will hopefully still be there when you get back.