Should I Go To College Or Real Estate Investing? - YouTube

Channel: Kris Krohn

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Alright, alright, alright. I hear you. I'll make a video on college versus real
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estate. Dude, I'm kid you not. I have been avoiding
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this video for years. But you know what? I'm sick and tired of all you wonderful
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young people asking. So you know what? I'm going to share my feelings. Parents may or
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may not appreciate is the parental warning. This is rated R for Roar. I don't
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know if your parents are really going to like this video or not. But you know what?
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I'm finally going to do it. I'm just going to answer this question.
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Real estate versus college? It's so weird in thinking about what I'm going to tell
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you right now because I have been avoiding it for such a long time because
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I hate to think of all of the people from the previous generation that bet
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their entire life and their livelihood on this idea that, "If I go to college,
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I'll get a degree, I'll work for someone else. and it's going to be good for me." And
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the reality is there's truth in that. Like getting a college degree and
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working for someone else for 40 years, what a blessing to be able to support
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someone else's dream and vision and make enough money that you can cover your
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bills. You know, some jobs you don't you can't
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pay your bills as well as others. There's a huge blessing in that. And I think
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there will always be a need for that. But make no mistake what is changing in the
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world today is how people are educating themselves. There always has been and
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there always will be 2 different schools for training and education. There
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will always be the universities and the college that you go to for your training
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like... Listen, if you want to be a doctor or a lawyer, you have to get a degree
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like I wouldn't want anyone to operate on me that hadn't spent a decade of
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their life in school learning and practicing and doing all that jazz. But
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you know, most of the world is not going to college for things like that. Most of
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the world is going to college out of default because someone said, "Get good
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grades and go to college." And I think that we need to transform our "Why." I mean,
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right downstairs right now. I have my near 13 year old daughter that
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it has it ingrained. That she needs good grades so that she can go to college.
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But I was on campus with her during a dance recital the other day I said, "Wow,
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you know, do you think you want to go to college?" And she looked at me weird. She's
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like, "What Dad? Of course I am." And I said, "Why won't you understand?" College really
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may be the perfect place for you and you should be prepared and ready for it. But
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it also might not be what will help you achieve what you want in life. Because my
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daughter for example, she's got an entrepreneurial spirit like me. And I've
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been Fanning that flame, I'm not lying. And I'm letting her knows it's like,
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"College is not where you go to learn how to be brilliant business." You can get an
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MBA but oh, my gosh. Like total kindergarten for the real world
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education. There's 2 schools of thought. There's colleges for that career
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training but then there's the College of the successful. And this is where you
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actually spend time with individuals. Whether it starts in books and then
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events and then graduates to mentorship. You want to spend time with individuals
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that have lived through the school of hard knocks and just in the school of
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life, have actually found the way to tremendous success and now can teach it.
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The people that are the most successful out there on the planet.
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I got news for you, they're not found in colleges. The people that are found in
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colleges are people that can repeat very intelligently what's in textbooks. And
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there's a total place for that. But there's a lot of you there saying, "Well,
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what if I want to be an entrepreneur? What if I want to be self-made? What if I
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want to be you know a millionaire or a billionaire in real estate? What if I
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want more success in those areas?" College is not where you're going to go. And so
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that's not a bagon College, it's just you got to really ask yourself, "Where do I go
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to get the education I need?" Pause and just hear it again. That's the magic
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question. "Where do I go to get the education that I need?" You see, it's not
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College versus real estate. It can be college and real estate. It can be
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college or real estate. And that's what you've got to figure out. There are some
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young people that benefit a lot from going to college to learn how to learn.
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It's still a somewhat disciplined structure and it's a place where you can
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hang out and have a social experience outside your family's home and
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learn and grow and experiment and try to figure out what's... What really is the
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career that I want to spend time in? But you need to understand that college is
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not an appropriate place to learn about business,
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entrepreneurship, a real estate. You got to go outside those walls. And so for
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example, if you're saying, "I'm young and I'm in college years. but I feel really
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drawn to real estate." Listen, I was a coward. Kind of sucks saying that. But I
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mean, the truth is dude I was terrified my mother-in-law was going to bite my head
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off if I didn't get my degree. And it had been so engrained. I was part of that
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transitional generation where go to college, go to college. And I got my good
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grades as best as I could. And I I got into the university that I wanted to and...
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But when I look back you know, I kind of raced through my college experience and
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it's defined by what I did outside of college. Outside of college, while I was
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going to college I built up a multi-million dollar portfolio in real
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estate. And I made it so that the year I graduated, I could also quit my job and
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never had to step foot in the corporate world again.
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That was important for me. I don't know if that's important to you. I don't know
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if that serves you. Some of you... Now listen to this, some of you have like
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careers and things that you want to do where you need a college degree and
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you're going to love your career and you're going to love what you do. Dude, you can
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still have real estate happening on the side. I work with some people with their
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hands on active or their passive. And the big difference between active and
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passive is if you're saying, "This is my career." Good. Then whether you go to
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college or not, that's up to you. But you need a secondary education you won't get
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in college. And that is learning how to be a successful investor that is
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hands-on. You can click the link in the description below and talk to my team
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and will actually give you a crazy education but not for the tuition of
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college, right? For a really tiny fee, you can work with my team and I'll be your
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mentor. And I will show you how to do real estate full-time. There are also
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others that say, "Well Kris, I've got a career that I got based on college and I
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love what I do. And I want to keep doing that but I want the benefits of college.
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But I want to be more passive." I've got other people that will click that link
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and say, "Kris..." When you talk to my team you let them know. "I have some funds or
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some assets and I actually want to partner with you. And I want to be pretty
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passive but I want to know what's going on and I want to make strategic
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decisions. But dude, you're the master of freaking building and growing
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wealth. Done of thousands..." You do it. And we'll do it together. We'll do it as a
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team. What I'm saying is that there's a way for everybody.
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One's not bad, one's not good. Just understand that they're
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different. And so when you figure out what you want to do, ask yourself how
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you're going to get that education. It will say this, I mean... Far too many of you that
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are in college, kind of confused at what you want to do with your life and you
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think that it's real estate or bust. Listen, if you're really passionate about
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real estate then click that link and get yourself a real estate education so that
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you can create the wealth that you need outside of the... Workforce outside of the
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job. And then if you get a degree, you'd get it for the same reason I did. Maybe
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it's not to avoid your mother-in-law killing you. But I got it because I did
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go to college and I did learn how to learn. It's actually ironic. I wanted to
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get an MBA. My father-in-law has an MBA and I thought that that'd be a very
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worthwhile education. It can be a support to entrepreneurs. Although I still feel
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like there's probably many other successful platforms for making a lot of
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money in real estate and business without getting an MBA. But I got an
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honorary MBA. Because of all of my achievements in business. Some people
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joke that an MBA stands for a Massive Bank Account or a Massive Bowel Movement.
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I think I like massive bank account better. I can hear you laughing on that
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one. So to kind of wrap this up, this whole video in is a college or is it
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real estate? I hope that I've answered this question that says it's not one or
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the other unless real estate really is where you want to build your career. In
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which case, get a mentor, get a system get after it. Learn how to do it and crush it
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and that way you can let that be your career. Because that career is not going
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to be taught in college. Listen, thank you so much for watching today's video.
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Honestly every one of you that clicks and watches these videos. Even if you get
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30 seconds of help or maybe it's the full length of the video, it's validating
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for me and knowing, "Hey, these videos, they're useful." I appreciate your
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comments so feel free to comment below. I love getting a chance to read through
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those. And for those you that are saying, "You know, I really do think that real
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estate is going to my real career life." Then what I would
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say is invest in yourself and click that link and get started down that track. I
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can be your mentor or maybe feel like someone else was meant to be. But I have
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a system that can get you launched and making money now. That's what it was for
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me when I was in college and that's what it might be for you.
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Thanks for watching this we'll see you on tomorrow's video.