Most survey says that those people who finished a college degree end up making more money in their careers than those who are not, but how does this applies to entrepreneurs?
This is an interesting question that will have you see different views and opinions. Some would say that you need to earn your diploma to hasten your skills. Some people think that it will help build character. Others would say that it isn’t really matter and it really depends on how you deal with opportunities.
Going to college isn’t a ‘must’ requirement to start a business. Take a look at the answer in more detail – because it’s something that a lot of people get the wrong idea.
Essentials to start your own business:
- Ideas
- Capital
- Ability to network
- People to assist you
These 4 qualities form as the secret ingredient for you to have a high chance of succeeding the business of your dream. These qualities are not part of the curriculum but can be learned thru on-the-job training and experiences.
So college certainly isn’t necessary for young, budding entrepreneurs. But does that mean you should skip it entirely? It does seem to make a lot of sense. After all, if you don’t go to college, or you drop out of college, then you get a lot more free time to actually develop your business ideas and plans. And it’s that free time that a lot of people are lacking in – and that lack is precisely what holds most people back when it comes to starting a business.
Well, that and money.
And this is where the issue gets a little clouded. So if you’re looking to acquire capital, then surely it makes sense to go to college in order to get yourself a high-paying job? Or, if not a high salary, then at least a foot in the door of the industry in which you’re planning to start your business?
Entrepreneurs take actions
The truth is that it’s impossible to recommend one path over the other. Some very successful people wouldn’t have founded their business without having gone to college. Look at Mark Zuckerberg, for example. His degree was irrelevant, but he wouldn’t have founded Facebook without the people he met there and the facilities available to him at Harvard.
Then you have people who dropped out of college in order to pursue their dreams of starting a business. People like Sabri Suby did just this, and have found tremendous success, especially in the world of business technology. So what does all of this highlight, exactly? What should a budding entrepreneur do if they want to make the right connections, put their foot in the right doors, raise the capital they’re going to need to get going with their business-founding aspirations?
Are you ready for a cliché that will probably make your eyes roll?
Work hard.
This is what these entrepreneurs did, regardless of whether they completed college and got their degree on Master of Marketing – which broaden your general management skills, enhance your marketing prowess to succeed in your career or business – dropped out of college after a semester or two, or simply didn’t go at all. If you don’t have that drive, dedication, and passion for the success of your business, then you’re not likely to succeed in starting a business whether you go to college or not.
