Hi Martha;
First of all, I am deeply touched by your post. It makes me feel so good about what we've built here. You said a few very pertinent things that I want to mention and share my thoughts on... : )
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he read Rich Dad Poor Dad and it changed his goals in life. Of course that caused static between him and his Dad. My husband is of the "Go to school and get a good job" mindset. Which is fine for most...
He thought he was in luck when he found a college that catered to entrepreneurship and was blown away by what he thought the school was going to be.
Now he is in his third year and has yet to find a reason to stay there. He mentions suicide and I don't think it would come to that but I still hate to hear it. He feels he hasn't learned anything but what he's read in books and thinks it is wasting his time being in a place he hates when he could be building his business.
I'm a mother who just wants her son to be happy but my husband wants him to stick it out. I need objective thoughts so I can handle this situation a little better.
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The very first thing I want to say is that when a person talks about suicide, while it might not come to that, it is an indication of frustration level. I believe that suicidal thoughts and talk are an indication that frustration level has exceeded coping ability or is close to doing so. There are two ways to deal with it. One is reducing the frustration and the other is increasing the coping ability.
Personally, I think that if teachers in business college actually DID understand business and entrepreneurship, they'd be out running their own businesses instead of working for a teacher's salary. I find it somewhat ironic that they "teach" entrepreneurship while relying on their teaching salary to fill their own financial needs.
Many people of our age group have the "get an education and get a good job" way of thinking. But the honest truth is that life might have worked that way in our youth, but it doesn't apply anymore. There is NO job security out there and a college diploma is no guarantee of good wages or job security.
The very first thing I'd suggest is to see if you can convince your husband to read Rich Dad, Poor Dad. Speaking frankly, he's a Boomer aged male, so I highly recommend using a leverage to convince him. Tell him that his son is unhappy and talking about suicide - reading a 200 page book isn't too much to ask of a parent to try understand your child's frame of mind. I'd suggest you read it, too.
As for your son, if it was me, I'd suggest that he start building his business on the side (if he hasn't already) and ask him to consider finishing this year. That way he doesn't have an unfinished year and gains the credit for the time he's already spent at school.
After that, I really don't see anything wrong with a one year hiatus to give his business a shot. I mean - think about it - there are tons of people that take a one year break to take care of an ailing parent or other personal situation, and finish later.
Many of the world's foremost business people dropped out of college. Bill Gates is the most well known, but if you check the Forbes list of the 100 wealthiest people in America, and look up the bio of the top earners, you'll find many of them are college dropouts. They felt like your son did... that school was getting them no where.
As the saying goes, "the times, they are a'changing'" -- What applied in our parents day and our day doesn't necessarily apply to our children. With company downsizing and exporting jobs overseas because wages are lower, job security doesn't exist.
It used to be that if one had a diploma, we could work for the same fatcat for 35 years, slowly climbing up the wage scale ladder with incremental raises every year - and then retire with our gold watch and retirement pay. Our kids have NO such guarantee.
Most of today's youth will have lost their jobs and changed companies several times before they even consider having a child or buying a house. That is their reality.
The promises of "get an education and you'll do okay" don't hold water anymore. Today, "job security" goes in the same folder as the Tooth Fairy, Easter Bunny and A.D.D. They are things grown ups shouldn't believe in anymore.
I truly believe that, as parents, we need to educate ourselves about what's happening out there (in the work force) today so we can help our kids make sound decisions - or we need to step aside and encourage whatever decisions they do make, without criticizing them, and hope they've learned what we've chosen not to.
I really hope you find something useful in all my ramblings. At the very least, if both you and your husband read the book Rich Dad, Poor Dad, I think it will give you a better idea of where his mindset is. I've read it and immediately told my daughter to read it, too. In the face of job insecurity, high taxes, high cost of living and lack of finances that we all deal with, it was one of the most encouraging books I've read.
: )
Linda
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