Hello and where to start?

Hi everyone, my name's Paul, I'm 16 and I'm from the UK. I haven't really done much lurking although I read a few of the success stories. At the moment I'm doing A-Levels at 6th form college. I don't particularly want to go to university afterwards because I know that I will just end up in some job making somebody else rich. I would also leave 6th form if I find a good way of investing or start a good business. I'm in a fortunate situation where I can work without taking a wage for a few years because my parents will support me financially if they have faith in what I'm doing. I'm also fortunate because my parents are in the situation where they can give me money to invest. The only problem is that I don't know where to start. I've had a few different ideas but I've never felt that they are good enough to invest money in. I've just started researching the stock exchange to see if it can get me in the fast lane. What would you guys do if you where in my situation?

Welcome to the Fastlane Paul! You sound very eager to learn and do. Well, here is my suggestion/question-- What are you truly passionate about? Answer that and you will be one step closer to finding that right idea, maybe you will go back to your previous ideas with a new improvement. Also search the forums, there is a wealth of information in almost every thread. Once again Welcome!!

Welcome to the Fastlane!

Welcome Paul.

That is something many people think about university (that it will end up leading you into being a slave for someone else) but on the other hand you only other options (to get a job straight out of school or apprenticeship) will also put you in a job making someone else rich (all whilst earning less than a uni graduate)... look at university as a blessing, something that allows you to be in an environment with other smart, goal orientated people.

Most courses at university tend to be ~25-40 hours per week including both contact time and the time you need to spend studying so if you can't start a business in the spare time university leaves you than you mustn't want it enough.

We've discussed the whole 'is college a waste of time?' question here 1000 times but here is a my conclusion on it:
Billionaire Dropouts. Is school necessary for success?


My advice considering you are 16 would be to focus on school and don't ignore your work and let it mount up and make sure you achieve the grades so that university remains an option.

With regards to business keep your eyes and ears open for the many business opportunities that you will eventually learn to see in the next couple of years and also make use of the search function on this forum and a google search to educate yourself on the many different fastlane vehicles that have made others rich.

If you remain set on starting some sort of business as soon as possible then I'd recommend you partner up with someone else to keep yourself accountable and make sure your business idea is something that can actually help someone and provide value.

Welcome Paul, nice to have another youngster aboard!

Welcome Paul.

I think you should focus on school, and go to school.

A lot of those "billionaire dropouts", they dropped out when they got into Harvard, Standford, Colombia etc, they aren't your average person.

School teaches you a lot of useless crap, but they also expose you to different people (way more diverse than anything you've probably experienced in your life so far), it exposes you to different ideas and concepts that makes a business successful.

If you are smart, you can take the useful stuff from school, applying it with your ideas, and get rich. Finishing school is another matter.

If you think school is a waste, and you can get rich without it, I think that's a wrong way to approach it. School isn't a complete rip off (no idea where that came from), but its what you make of it.

If you study the material, get A on exam, and forget about it, then dont even bother.

If you like the material, get B or C on the exam because you find studying and homework boring, but take the material and apply it in real life like its meant to be used, then school is very useful.

Well you can start in your off time,

by doing project that you love.

just brainstrom first.


Enjoy with us. _

read a lot, read selectively, but widely. discover your strengths, do something in where you are good or "naturally talented".

Thanks for the advice people, I've been reading loads of the stuff from this website and I've actually learnt tons of useful stuff on here

You are very young to start a business and also you need to take proper care while investing.Firstly decide yourself where you are interested in. Then learn good tricks from the experts. Start your own investment only when you have good experience.