Should You Drop Out of University to Start a Startup? (Pros and Cons)

Find the answer, broken down here.

Before you consider dropping out of university:

1. What is your current financial situation?

2. Do you have dependents, or do you need to support your family financially in the near future?

3. Do you have a strong support system?

4. Are you willing to take on the risk?

5. What is your current academic standing?

The Pros (of dropping out):

1. Build Something Valuable

2. Experience First Hand

3. Learn How to Build a Company

4. Become Financially Independent

5. Expand your professional network

The Cons (of dropping out):

1. Financial Security

2. Opportunities for Growth

3. No Social Life

4. Failure Risk

5. Emotional Baggage

Founder of Cudy Technologies (www.cudy.co), a full-stack EdTech startup helping teachers and students teach and learn better. I am also a mentor and investor.