They are agreeing on a deal that if my brother can make 75,000*** USD before Summer ends, my parents will let him drop out of High School.
I mean, it seems like a fair bet to me, but what if he makes the 75k***???
Edit: I first said 100k, I mean 75k***
Legally?
Legally he can’t drop out until he’s 16.
Then he would be “home schooled”
Becoming homeschooled and dropping out are two different things. What is the reasoning behind this though? If your brother is smart enough to find a legal way to make $75,000 in profit in 8 months, he should be channeling his efforts in continuing school with the way it is and should be aiming for a college education.
He has an entrepreneurial mindset, he hates routine, and he even says each day at school is a hell for him.
I’d totally make that bet if he were my kid. The only alteration I would make is that he would have to get a GED.
ooh wow an entrepreneur who hates routines!
I swear that’s what anyone (and everyone) says to avoid doing any work
I will tell them to add it to the deal, good idea.
@foolish
He can spend all night coding, and literally only reads business books on the weekend…
Good luck to your brother. Tell us who wins!
Alright, I am definitely helping him on his journey!
Who’s money will be invested in this business? If it is your parents, it could hurt you and certainly complicate things when it comes to financial aid for college if your brother makes $75,000 in profit in 8 months which is a ridiculous goal to set.
That is the challenge, think flexibly…
We are planning a crowdfunding project!
I like this.
If your brother truly has the drive and entrepreneurial talent, school really is a waste of time. No education can prepare you for the business world as well as actual experience. And if he fails, he probably will learn valuable lessons to help in the future.
Sounds good to me.