(Original post by bruceleej)
How are you planning to achieve that? Nobel prize or Investment banking?
Because I seriously doubt EEE will make you a mil in 2/3 years.
EDIT: No offence, Im going to be doing EEE myself at IC, just curious.
lol if any degree is going to make you that kind of money fast its EEE. Virgin, Coca Cola, Tescos and such forms of enterprise required no specialist training to conceive of and all the skills involved in implementation were learned in a non academic environment. in short if thats the kind of enterprise I want to develop then there is no university course on earth that will prepare me for it any more effectively than I can myself. EEE however will give me knowledge and skills that make enterprises such as Apple, Google, IBM, Microsoft, EA, Orange, Facebook and countless others a real possibility. The point is I couldn't hope to enter such markets/create similar markets without the formal training provided by a EEE or computer science degree. Look at Jeff Han, Jeff Hawkings, Sergie and Larry, Gates, Steve Wozniak (Jobs didn't really do anything technical) and many many others. All of them walked into multi million and billion dollar fortunes with very little initial capital because they had specialised knowledge and were operating in a relatively competition free market. they didnt even need to use boom entry and even if they did it would have been vastly cheaper than in a conventional market e.g starting your own furniture store or bookstore. how many chocolate bars, soft drinks, car makers, fashion outlets etc. are out there? even those industries have very small start up costs compared to things like Oil,Steel and other commodity based industry. EEE means I can compete in or even create my own markets at very little cost compared with conventional industry. I mean Bebo was made by an Imperial Physicist for nothing lol and sold for £500,000,000 less than 5 years later!I'm not saying thats definitely the industry I want to be in (though it kind of is, to start with) but what I am saying is that I want to have a choice. After my EEE degree I will be able to conceptualize a product in virtually any market on earth. Successfully marketing it is another thing
. I don't want to give much away but I have like a hierarchy of products I will be looking to develop whilst studying for my degree. Little mobile phone applications I can develop on my own or with a couple of friends all the way up to the big stuff I'd like to work on with backing from a big VC. that just an explanation of why EEE in terms of business but certainly not my only means of making money. I will be making 5k per fight pretty soon and if i actually develop a good record (which is the plan) that could easily be 20-50 by 2014. even better if i'm anywhere near as successful as some of my team mates i could be looking at massive sponsorship from multiple sources. i know a guy on something like 50Kpa (probably more) from only 3 different sponsors! im better than 5k+ fighters i know right now lol. thats money i would be plowing into forex or TradElect or something (obviously i'm only interested in E-DAT, don't want to waste money on brokers). theres a lot of different industries that i'm interested in but tech is where the low cost money is at. i have some fantastic ideas for websites that would be sure to see tonnes of traffic and thus revenue from google adds or whatever. you only need to look at TSR to see a prime example of such a business model. as George Soros says, any intelligent person can be rich in a capitalist and free market system. he just needs to be motivated to be so. as you can see, plenty of highly intelligent people place little value on the contents of their wallets, and rightly so. neither do i. my motives are Philanthropic but more importantly, i am more concerned with creating value than creating wealth. there is a big difference. those who set out to become rich are usually idiots. those clever engineers who want to solve a problem or enhance a system/product are the guys who create true value. often however they don't care about the money. imagine if Tim Berners Lee had patented the net lol. he'd be the richest man on earth surely.
and btw, 1 million is a very modest goal
. I will be making much more than that I assure you!