Local student gets paid $100,000 to leave school, start business - WKRN News 2

Local student gets paid $100,000 to leave school, start own business

Posted: Updated: May 23, 2013 05:21 PM

A former Brentwood High School student has been offered $100,000 to drop out of college and start his business professionally.

Mark Daniel graduated from high school in 2012 and has been studying at Babson College in Massachusetts.

His business drew the interest of Peter Thiel, the co-founder of PayPal.

Thiel offered 20 students from around the world $100,000 to give up school and launch their own businesses.

"What they're doing is saying for the true innovators, you can start. These ideas can't wait," said Daniel from U.S. Congressman Jim Cooper's office where he served as an intern last year.

"There's people who are trying to figure out how to effectively kill cancer which is impressive, or like me how to build a company," he continued.

Daniel launched Goal Hawk, a web application to help people accomplish goals such as losing weight or getting in shape.

The $100,000 offer enables Daniel to build a company oriented program that will enable managers to better keep track of what projects employees are working on and track their progress.

"I should be getting ready for my sophomore year of college and it's a different scenario to be hiring people and working 60-70 hours a week and making decisions with real money," Daniel said.

The decision to leave school wasn't a hard one for Daniel and he's certain he'll never go back to college.

"To be a good entrepreneur you don't really need to have a college degree," he said.

Only a handful of previous winners have ended up going back to college after finishing the program.

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