You don't need no education: Self-made teenage millionaire, 17, takes aim at 'sheep' who go to university for an arts degree - but insists he's not an 'arrogant' kid
- Jack Bloomfield hit out at 'sheep' who go to university to study arts degrees
- He said that getting accepted into university doesn't make or break your career
- The entrepreneur said studying arts would only leave students with a pile of debt
- Mr Bloomfield launched his own eCommerce business when he was just 12
A self-made teenage millionaire has hit out at 'sheep' who go to university, saying the road to success doesn't always start with tertiary education.
Jack Bloomfield, 17, reminded teenagers around the country that getting accepted into university isn't the be-all and end-all to kick starting a career as an entrepreneur.
The Brisbane teenager has fast become one of Australia's youngest millionaires while still attending high school during the day.
After launching his parent company BloomVentures in 2017, he now runs a variety of eCommerce stores that sell everything from skincare products to novelty items.
Self-made teenage millionaire Jack Bloomfield has hit out at 'sheep' who go to university, saying the road to success doesn't always start with tertiary education. Pictured with former Prime Minister Malcolm Turnbull
Mr Bloomfield said that while university degrees are necessary for aspiring doctors or lawyers, studying arts is essentially worthless. Pictured with Today Show hosts David Campbell and Sonia Kruger
Writing for news.com.au, he said that while university degrees are necessary for aspiring doctors or lawyers, studying arts is essentially worthless and won't help students 'change the world'.
'Now I know what you're thinking; who is this arrogant kid who thinks he's too smart for university? Let me explain,' Bloomfield wrote.
The entrepreneur said that according to enrollment numbers at the University of Melbourne, the most popular degree was general arts with 2275 Victorian students signing up to the course.
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'And do you know what each of those thousands of students will leave with after three or four years of extra study? A mountain of debt and a piece of paper that carries absolutely no weight in the working world,' he said.
'If you go to university because it's what everyone else is doing, because it's the easy path, then you have already fallen into the mediocre category, a sheep among other sheep, and those grand plans of changing the world will be put off for when the time is right,' he said.
He encouraged students to follow in the footsteps of the world's greatest entrepreneurs - like Steve Jobs, Bill Gates and Mark Zuckerberg - who all dropped out of university paved their way to become industry tycoons.
Mr Bloomfield pointed out enrollment numbers at the University of Melbourne, where the most popular course is a general arts degree
Mr Bloomfield went on to say that studying an arts degree would only set back his million dollar business.
In 2017, the school student started his parent company BloomVentures, which run a variety of eCommerce stores that sell everything from skincare products to novelty items.
He has raked in more than $1million after launching five online stores - without the help of his parents.
The Brisbane student began his entrepreneurial ways aged 12, designing the website 'Next Gifts' that enabled users to design cards online before sending them in the post.
He also buys trending items in bulk, from bow ties in China to iPhone cases from South Korea, before selling them on his online stores.
His ventures see him add an incredible $2,900-a-day to his bank account.
The teen has credited his success to hard work and time management, as well as ditching TV and video games.
'I stick by the mantra that time management is key. I try to optimise every minute I've got,' he told Daily Mail Australia last year.
'I think I'm proof that you don't have to be 40 or 50 to make money and you don't have to climb the corporate ladder to be successful.
'It's hard, don't get me wrong, but I really do think anyone can do it.'
Jack starts his day at at 5.30am reviewing the company's performance and setting new goals before heading off to school.
When he returns from class, he heads back to work, spending the evenings responding to emails and planning new ad campaigns.
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