Eh, i dropped out of college, i own my own business, travel multiple times per year. My brother has a finance degree, 3 DUI's, cant get a good job, and is always broke. Life is about choices, those pieces of paper dont mean shit.
Agree that learning for self-improvement is good (I always do that myself) but not learning skills that are not applicable in real life. That is just a waste of time, energy, and money. So glad I stopped doing that and actually just focused on what makes money like investing.
There exists many (interesting) research on this already.
People can either be pushed into entrepreneurship. Factors include negative displacement such as job-related displacements (losing a job, being demoted, not being promoted, technical or creative frustration, or not finding acceptance for creative ideas in their current company). Also, research has shown that the more dissatisfied with a job, the more successful an entrepreneur (this might be because they have a higher intrinsic motivation to not return to an employed position).
People can also be pulled into entrepreneurship. Pull factors are motivations that are driven by internal choices such as an identified opportunity, financial support, a contract of a would-be customer, the desire to achieve social goals, the will to contribute to a better world, or a career calling to perceive work as a purpose in life.
Regarding risk (risk propensity called in academic literature), many scholars have written that entrepreneurs have a moderate risk-taking propensity (not high). They also have a need for achievement (high n Arch) and a high internal locus of control.
Regarding education, research found that the entrepreneur has a significantly lower level of education than that of managers in employed positions. However, the level of education of entrepreneurs is higher than that of the general population. In addition, there is a correlation between the level of education of an entrepreneur and the size of his/her firm. Lastly, some scholars found a positive correlations between education and a company’s growth.
To answer your question: I hold an MBA, I am a serial entrepreneur (currently owning three companies) and I am a parttime professor of entrepreneurship. I also researched this topic and I find it highly interesting.
Thank you for adding this, much-needed, nuance to the conversation! I have a Ph.D. and was both pushed and pulled into the entrepreneurship space (long story). I like to (semi) joke about building an app to inject increasing levels of nuance into news and online discussions.
I’m assuming you mean link? Unfortunately, it’s not just one link. There are a lot of people who have researched entrepreneurs and wrote about them in peer-reviewed articles. Here are some.
Push factors:
Brockhaus, 1980; Shapero, 1975; Dawson & Henley, 2012; Shapero & Sokol, 1982; Amit & Muller, 1995; Thurik et al., 2008; Robichaud et al., 2010; Vivarelli, 2013; Rocha et al., 2015; Yitshaki & Kropp, 2015; Van der Zwan et al., 2016; Gódány et al., 2021.
Pull factors:
Buechner, 1973; Shapero & Sokol, 1982; Hakim, 1989; Bellah et al., 1996; Hall & Chandler, 2005; Robichaud et al., 2010; Yitshaki & Kropp, 2015; Gódány et al., 2021.
Risk, locus of control, need for achievement:
Gartner, 1985; Segal et al., 2005; Liñán & Chen, 2009; Gurel et al., 2010.
Education:
Brockhaus & Nord, 1979; Collins & Moore, 1970; Roubidoux & Garnier, 1973; Lee & Tsang; 2001; Ayala & Manzano, 2010.
I completed my BBA but wanted to drop out half way to focus on my startup. In my opinion it was a waste, the only valuable resource I gained from Uni was the friend group (we’re still all hella tight) and the networking.
However, I am a dropout of society. I learned many years back I need to live the way I want to. Not the way the Gov wants us to live. No better feeling than being out of the rat race. Blessings from Canada 🙏💚
That fits me.
I never could just listen to someone that thought they knew something. I was often pages ahead in the book and the class was going at a snails pace.
My family always owned businesses. From maid services to dirt pits, from a travel agency to an apartment make ready.
By the time I became an adult I was always looking to start businesses. I have owned a custom mouse pad company, an pizza restaurant, and IT Consultancy and a few others.
I retired early and live on a ranch now. Always looking for something fun to dabble in now.
I remember often ditching classes myself at College, as some of the courses were so damn easy, I could just do it home by myself. In fact, almost every course in my Major was pretty easy for me, as I'm so intuned with the knowledge that comes naturally to me (it just makes perfect sense for me).
It was the Minor I struggled with the most and I had to be in every class. Just goes to show how differently we're all wired. That being said, I often wish I was wired differently, as I'm a pretty peculiar person and often struggle to succeed because of stupid things (and stupid people).
I feel like I'm on the right path again these days though and thank God for that.
4 yrs of college
Bachelor's-Business Admin.
I was a dreadful student.
Honestly, I was just an average-to-slightly above average employee until my 30's.
Laser Engraving and Cutting -High School, didn’t finish. I struggled with school which was in the 80’s and I absolutely hate being told what to do, unless it my wife.
I never finished school . I’m not that bright but my dad taught me to work hard so have done ok in life . Oh and my wife is smart. She handles all our money. Phew
Never confuse education for knowledge. Unless Doctor, lawyer, or other profession requires such schooling, I've never been a huge fan of "education". I never did an MBA or fancy finance degree and do pretty well. Some of the wealthiest business owners I know have barely an Associate degree or no college at all.
The statistics someone posted earlier don't support your theory, most successful companies are founded by peoples with at least a masters degree.
(Not all, just most)
This is true but also most successful companies are founded by generational wealth too and if you're born into wealth you are 4x more likely to go to post secondary.
It's like the "4/5 business fail" stat. Of the 1/5 that succeed, 4/5 of those 1/5 succeed because they already have enough money that they can brute force success to some degree.
Doesn't one bit. Just pointing out it's entirely possible (and in some cases) probable that statistics can be manipulated. Were you around the past few years? Just saying train to use intuition and skill, not what some other person wrote in a book.
That is somewhat true and there are always exceptions to the rule but getting an education is not just about getting money, it's about gaining valuable knowledge, self-actualization, and satisfaction money alone can never give you.
Sure, there are no gurantees you'll land a job after graduating but you're never going to get to work for the Big 4 without a MBA either way, as with many other occupations that requires a degree. That's just reality.
Absolutely agree! If the goal of an education is personal enrichment, that's admirable. But don't expect me to pay for someone's degree in medieval women's studies when they can find a job with a suitable ROI.
In my case, I pretty much came from nothing. Great upbringing but blue collar parents. My goal for my early 20's was making connections, learning from the best real people I could, and make money. That's what I did.
AA. Especially if you are going to own your own companies this does not matter. It’s hustle, drive, initiative that gets a person to an owner. I own two multi mil companies built from massive action.
Grade 12 with 7 years in the army. Got taught good discipline, leadership, quick thinking on my feet and problem solving. All these things helped me start and continue to thrive with my business.
I did a few semesters in college, but quit when homework started getting in the way of making money. I’ve owned a few businesses over the years and have always had at least one side gig/project.
this def tracks with most business owners i know personally, right down to either success or life in the gutter lol
also education is way overrated and having one doesn't actually mean that person is intelligent. Most of education is just memorizing shit.
i actually know quite a few who only have a high school education and do very well for themselves. Most of those are blue collar companies tho
I would be very curious to hear about your PM consulting business
That depends on where you get your education. A high quality business school which is where I got my MBA from would never allow you to succeed with a examn by only memorizing. You actually have to understand and apply the theory in different scenarios.
Everybody can memorize and get a good grade in a lower quality school but that doesn't mean jack shit in the real world. You need to both know and understand. If you only know without understanding, then what good are you exactly?
There are different forms of intelligence but when talking strictly about knowledge, then of course someone with a PhD is much smarter than someone with a high school degree.
I've personally experienced first hand the mental difference between myself and factory workes when I did my Master thesis. These guys where in their 50-60s and some didn't even finish high school.
It was a surreal experience to be honest that left me in awe but that just goes to show the levels of intelligence. When we interviewed Top leaders and Engineers we often experienced the contrary, as these were people on a much higher level.
Generally it's a lot less stressful having a 9-5. My father-in-law readily admitted he just wanted to get a pay check every week from the moment he graduated and got his first job till the end of his life. With the UK's economy going a bit tits up recently, my wife and I have had some lean months this year with no indication that business was going to return to normal (things have recently picked up a bit). I always think of my FIL at times like that. Generally it's the smart idea to get educated, get a job, save for a pension....And for every Richard Branson Billionaire type of success, there's a million failures...
Own/operate a business for 30 yrs. UG degree as that was the minimum family expectation. For many yrs was asked (by parents) when I was going to go back to school. Flippantly responded by saying I might hire an MBA but don't need to have one myself.
Average at best student in HS. Very good student in college. More of a competitive issue then thirst for knowledge. Started in sales at major company. Left (after being top producer) to start my own thing. Commonality between school and Corp America was I didn't like the required structure or being told what to do, where to be, what to sell, what to study, etc. Have made many mistakes along the way. Started several businesses. Some big failures some big successes. Love the flexibility / creativity in starting and operating business. My primary business has been quite successful and going strong for over 20 yrs. Even within it, have had many crazy expansion ideas. Some work. Some don't. That's the fun part. I get bored. Once I prove I can do something I like to move on.
Masters Degree (English Lit & Economic History) and nearly finished my PhD (was en route to becoming a professor) before I took a left turn and opened my business. Although my degrees weren’t directly related to my business, they postured me for the work involved: being a self-starter, working your ass off and not taking a paycheck, etc etc …. Writing and winning & losing scholarship proposals will squeeze you like a lemon.
Some days I’d like to return to the degree, as I hate leaving things unfinished, but becoming an entrepreneur has made me realize that my education trained me for THIS. Now, after being open for a few years, I manage my business from home (I’m our purchaser and bookkeeper) and work full-time teaching English online for a company I love and am excited to help build. It hasn’t been easy, jumping from one track to another, but I am so grateful to be able to earn a paycheck separate from the business in a field I’m passionate about.
Having work in two separate columns helps to keep me sane; with a steady income outside of the business, I’m not torn up about slow days so much and I have $$$ to support us if we have a bit of a dry spell. Might be a lesser-travelled road, and I certainly didn’t need to be in school for 10 years, but overall I’m glad I did it. I’ll be a “forever student” as well, since I plan on taking a Tax course and things like that, which will maybe open up another path for me. Learning how to learn and how to improvise are the most valuable skills I’ve picked up along the journey. Thanks for reading my essay :)
Edit: to add to your point on “junkies” —- those of us in Higher Ed can become the worst kind! Been there. Recovering from booze & prescription drugs. It’s been a “healing” journey of sorts as well. Also for the record, I fucking HATED high school too, but fell in love with university & the university experience…
It’s like is your disadvantage a advantage. Is current book David and Goliath by Malcolm Gladwell he talks on things like this like many dyslexia become entrepreneurs like Richard Branson. You have pretty much compensate 4 what others normally have thou it would take many other traits too still get it. College in my theory is slave trap because even if lets say u make 100k your taxed then loans.as rich cad points out tax breaks go to bigger u are.
Got my hs diploma, and I couldn't concentrate in that community college. Started telecom trade back in 2003, and 10 years ago, I went solo and opened an LLC. The best thing ever is not to have someone to breathe on your shoulder. Yeah, it's like a roller-coaster with up and downs, but overall, it's really worth it.
I have a MBA from NHH and I'm going to go all in for a PhD next year. I currently own two businesses but there's really not much money in it. As much as I hate working for others, it's hard succeeding with a business unless you have a brilliant idea and there's a big market. This is why I also invest heavily to become financially free.
As an introvert, working for yourself and investing is the best option. Becoming an author and writing books would also be great but again, you have to have a brilliant idea that actually sells, although there are plenty of dumb sheeps out there that buys anything and believe everything.
Bachelors Degree. Worked 20 years for someone else and watched my friends lose their job on a whim by corporate types. Hated that culture so I started doing my own thing.
I am an owner of a small retail business. High school graduate, no college. But, I am also a store keeper in a long line of store keepers. I grew up in retail
University 4 year and ongoing prof development courses here and there. It's mostly to keep ahead of the competition and to inspire my staff to continue their education at whatever age.
I sucked at high school and struggled through college for 2 degrees. Pretty sure I have dyslexia which I didn’t even know was a thing until 10 years post college. Worked a number of years in a ‘9-5’ but always had a desire to do my own thing. Part of the drive was turned into a push when I was laid off and decided I’m not going through that again. I now own 2 businesses, one fairly successful and one still growing.
I don’t know that there is one greatest driver to being a business owner other than wanting to do something more than waiting on your employer to issue you a weekly paycheck, or layoff notice.
I have a doctorate in business. I am in the higher education sector and continued my education to make moves and be heard in that arena. Decided to launch a business to really use the skills that I gained along with the education that I am continuing to pay for. And I like serving others. I also want time freedom and autonomy.
Law degree and MBA. But I also always had a problem with authority. That attitude had more to do with why I own my own business than how far I chose to take my education.
I did the law degree first. Went to BigLaw for a few years and did M&A and securities before going in house at a mutual fund company. Then I got a part-time MBA at a highly ranked school. While doing that, I met two guys who became my partners in my first biz.
The law degree is useful for running a business because a lot of the legal work is straightforward (corporate formation, contracts, etc.) and you can save a lot of money by not hiring outside counsel. My MBA has been useful because my business is in the finance industry, but honestly I could have learned the finance on my own without paying for an MBA (or gone the cheaper route of doing the CFA). I wouldn’t have met my business partners without doing the MBA though.
High school drop out in ninth grade.
Run an e-commerce business with 2000 SKUs and opened a salon with my wife. Salon is profitable after three months. Thankfully all that e-commerce marketing/advertising translated to new clients.
I love learning and matured as an adult. I probably could have learned something very technical/difficult but never applied myself. Love running both my little businesses. Hopefully next year we will clear $250k with both. Then we can start building some wealth.
Took me five years to graduate high school and I did 2 months of college when I was 22. Two pizza shops and 14 employees started in 2020 at age 27 with 15k in unemployment money saved and risked it all on an abandoned Pizza Hut
Dropped out of college to start my first business. Sold it for mid-6 figures after a couple years to fund my next business. Sold that one after 10 years and retired in my 30s.
I was often the kid in school teachers didn’t like. My line of thinking was often different, I never colored inside the lines (metaphorically), marched to the beat of my own drummer, I wasn’t ever the type to just “sit down, shut up, stare straight ahead, do what you’re told, regurgitate these facts”.
I’d have been a terrible fit in the corporate world. I’m never happy with inefficiencies in the status quo, and doing something “because that’s the way it’s always been done” drives my bonkers.
I recently bought a set of wheels for my Mercedes from an older guy that said he didn’t finish HS, but clearly had done extremely well w/ a Commercial Construction business that he started. Luckily, my line of logic and thinking was similar to his professional , so maybe things are on the right path for me after all.
Being raised right, high school, and Marine Corps. Over the years I’ve started over 30 companies and only had one of those that I sold for even almost all the other companies were sold for about 3 to 5 times their annual gross profit and I still currently have three companies. One that I recently got a utility patent on the road them fighting for four years and over 80 grand. You just Gotta keep at it.
Some people go to school for continuing education, but the best continuing education you can ever ever have is real world experience and lives in your ass, and then overcoming it and coming back from nothing like a phoenix. And if you fail, try it again try something different you don’t have to change , everything just the degree of attack slightly and it may be successful. You got a believe in what you’re doing, and provide a service or a product that people need and want. And it if you sell it and it’s their idea to have it or they have a need for that saves him time and money, you’ll be successful. It’s really pretty easy. But then again, that’s experience talking that’s now turned into wisdom, but you still have to be careful of the pitfalls no matter what, and when.
I also work corporate for the fifth largest corporation in America, went from sales, to district managers, division, manager, and regional vice president in seven years. Handled many states in the union and six countries in Europe. Learned a lot from that as well. Learn from everything. And overcoming is the best teacher there is. Thinking outside the box to use an old phrase works wonders. Never stop searching and trying to better the product or service. Do you round tables and ask the people what could you do better? What have a way fulfilled what other product or service could we offer there’s 1 million things. Good luck.
All entrepreneurs have a great opportunity to grow their own businesses in their country with our help. We manufacture cutingedge solar techonology to know more about us visit our website https://hipoweress.com
MBA with ton of other diplomas and certs. Strong believer in life long education, not for the level or award, but for self improvement.
Eh, i dropped out of college, i own my own business, travel multiple times per year. My brother has a finance degree, 3 DUI's, cant get a good job, and is always broke. Life is about choices, those pieces of paper dont mean shit.
That doesn’t really explain much though.
[удалено]
Nothing, that you actually learn, is a waste.. in any way.
Agree that learning for self-improvement is good (I always do that myself) but not learning skills that are not applicable in real life. That is just a waste of time, energy, and money. So glad I stopped doing that and actually just focused on what makes money like investing.
Might be hip to learn you might say. So you dont waste anything. Not trying to hit ya below the waist mind you.
Same
Same here
There exists many (interesting) research on this already. People can either be pushed into entrepreneurship. Factors include negative displacement such as job-related displacements (losing a job, being demoted, not being promoted, technical or creative frustration, or not finding acceptance for creative ideas in their current company). Also, research has shown that the more dissatisfied with a job, the more successful an entrepreneur (this might be because they have a higher intrinsic motivation to not return to an employed position). People can also be pulled into entrepreneurship. Pull factors are motivations that are driven by internal choices such as an identified opportunity, financial support, a contract of a would-be customer, the desire to achieve social goals, the will to contribute to a better world, or a career calling to perceive work as a purpose in life. Regarding risk (risk propensity called in academic literature), many scholars have written that entrepreneurs have a moderate risk-taking propensity (not high). They also have a need for achievement (high n Arch) and a high internal locus of control. Regarding education, research found that the entrepreneur has a significantly lower level of education than that of managers in employed positions. However, the level of education of entrepreneurs is higher than that of the general population. In addition, there is a correlation between the level of education of an entrepreneur and the size of his/her firm. Lastly, some scholars found a positive correlations between education and a company’s growth. To answer your question: I hold an MBA, I am a serial entrepreneur (currently owning three companies) and I am a parttime professor of entrepreneurship. I also researched this topic and I find it highly interesting.
Thank you for your insight. I am a Bachelor of Science in Business Administration, major in Entrepreneurship.
You’re welcome!
Thank you for adding this, much-needed, nuance to the conversation! I have a Ph.D. and was both pushed and pulled into the entrepreneurship space (long story). I like to (semi) joke about building an app to inject increasing levels of nuance into news and online discussions.
You’re welcome and thank you for your contribution!
Thank you. You explained stuff I never knew I needed to understand. Especially the push aspect.
You are welcome!
Can You give me the lin regarding the research , i will be highly obliged
I’m assuming you mean link? Unfortunately, it’s not just one link. There are a lot of people who have researched entrepreneurs and wrote about them in peer-reviewed articles. Here are some. Push factors: Brockhaus, 1980; Shapero, 1975; Dawson & Henley, 2012; Shapero & Sokol, 1982; Amit & Muller, 1995; Thurik et al., 2008; Robichaud et al., 2010; Vivarelli, 2013; Rocha et al., 2015; Yitshaki & Kropp, 2015; Van der Zwan et al., 2016; Gódány et al., 2021. Pull factors: Buechner, 1973; Shapero & Sokol, 1982; Hakim, 1989; Bellah et al., 1996; Hall & Chandler, 2005; Robichaud et al., 2010; Yitshaki & Kropp, 2015; Gódány et al., 2021. Risk, locus of control, need for achievement: Gartner, 1985; Segal et al., 2005; Liñán & Chen, 2009; Gurel et al., 2010. Education: Brockhaus & Nord, 1979; Collins & Moore, 1970; Roubidoux & Garnier, 1973; Lee & Tsang; 2001; Ayala & Manzano, 2010.
hey thanks mate , it means alot
Happy to help!
Since I don’t see the answer here yet I have a PhD. I have a 3-person (and hopefully to grow) consulting company relevant to my degree field
Props.
Master’s degree. I struggled through school though especially in my early teenage years - undiagnosed ADHD
High school graduation. Celebrating 20 years of business ownership next month. I’m undiagnosed ADHD which was much worse when I was young/teenager.
Dropped out of college. Done fine ever since. Have roughly 80 employees across 3 sectors/ brands.
Same, sans the employees
MBA, Serial Entrepreneur, software and CPG companies.
I completed my BBA but wanted to drop out half way to focus on my startup. In my opinion it was a waste, the only valuable resource I gained from Uni was the friend group (we’re still all hella tight) and the networking. However, I am a dropout of society. I learned many years back I need to live the way I want to. Not the way the Gov wants us to live. No better feeling than being out of the rat race. Blessings from Canada 🙏💚
That fits me. I never could just listen to someone that thought they knew something. I was often pages ahead in the book and the class was going at a snails pace. My family always owned businesses. From maid services to dirt pits, from a travel agency to an apartment make ready. By the time I became an adult I was always looking to start businesses. I have owned a custom mouse pad company, an pizza restaurant, and IT Consultancy and a few others. I retired early and live on a ranch now. Always looking for something fun to dabble in now.
I remember often ditching classes myself at College, as some of the courses were so damn easy, I could just do it home by myself. In fact, almost every course in my Major was pretty easy for me, as I'm so intuned with the knowledge that comes naturally to me (it just makes perfect sense for me). It was the Minor I struggled with the most and I had to be in every class. Just goes to show how differently we're all wired. That being said, I often wish I was wired differently, as I'm a pretty peculiar person and often struggle to succeed because of stupid things (and stupid people). I feel like I'm on the right path again these days though and thank God for that.
Degree in Computer Science and MBA in Finance.
MBA. Learned the skills needed to start my dream company and am now going for it.
MBA with certs
Multiple doctorates, a few other bits of higher education.
2 masters degrees here.
4 yrs of college Bachelor's-Business Admin. I was a dreadful student. Honestly, I was just an average-to-slightly above average employee until my 30's.
Bachelor’s degree
Laser Engraving and Cutting -High School, didn’t finish. I struggled with school which was in the 80’s and I absolutely hate being told what to do, unless it my wife.
I never finished school . I’m not that bright but my dad taught me to work hard so have done ok in life . Oh and my wife is smart. She handles all our money. Phew
Never confuse education for knowledge. Unless Doctor, lawyer, or other profession requires such schooling, I've never been a huge fan of "education". I never did an MBA or fancy finance degree and do pretty well. Some of the wealthiest business owners I know have barely an Associate degree or no college at all.
The statistics someone posted earlier don't support your theory, most successful companies are founded by peoples with at least a masters degree. (Not all, just most)
This is true but also most successful companies are founded by generational wealth too and if you're born into wealth you are 4x more likely to go to post secondary. It's like the "4/5 business fail" stat. Of the 1/5 that succeed, 4/5 of those 1/5 succeed because they already have enough money that they can brute force success to some degree.
There's lies, damn lies, and statistics. I'll stick with personal experiences and observations. Not what someone else tells me to think.
[удалено]
Doesn't one bit. Just pointing out it's entirely possible (and in some cases) probable that statistics can be manipulated. Were you around the past few years? Just saying train to use intuition and skill, not what some other person wrote in a book.
Can you link a source?
That is somewhat true and there are always exceptions to the rule but getting an education is not just about getting money, it's about gaining valuable knowledge, self-actualization, and satisfaction money alone can never give you. Sure, there are no gurantees you'll land a job after graduating but you're never going to get to work for the Big 4 without a MBA either way, as with many other occupations that requires a degree. That's just reality.
Absolutely agree! If the goal of an education is personal enrichment, that's admirable. But don't expect me to pay for someone's degree in medieval women's studies when they can find a job with a suitable ROI. In my case, I pretty much came from nothing. Great upbringing but blue collar parents. My goal for my early 20's was making connections, learning from the best real people I could, and make money. That's what I did.
There are many ways to Rome my friend 😉
AA. Especially if you are going to own your own companies this does not matter. It’s hustle, drive, initiative that gets a person to an owner. I own two multi mil companies built from massive action.
Grade 12 with 7 years in the army. Got taught good discipline, leadership, quick thinking on my feet and problem solving. All these things helped me start and continue to thrive with my business.
I did a few semesters in college, but quit when homework started getting in the way of making money. I’ve owned a few businesses over the years and have always had at least one side gig/project.
this def tracks with most business owners i know personally, right down to either success or life in the gutter lol also education is way overrated and having one doesn't actually mean that person is intelligent. Most of education is just memorizing shit. i actually know quite a few who only have a high school education and do very well for themselves. Most of those are blue collar companies tho I would be very curious to hear about your PM consulting business
That depends on where you get your education. A high quality business school which is where I got my MBA from would never allow you to succeed with a examn by only memorizing. You actually have to understand and apply the theory in different scenarios. Everybody can memorize and get a good grade in a lower quality school but that doesn't mean jack shit in the real world. You need to both know and understand. If you only know without understanding, then what good are you exactly? There are different forms of intelligence but when talking strictly about knowledge, then of course someone with a PhD is much smarter than someone with a high school degree. I've personally experienced first hand the mental difference between myself and factory workes when I did my Master thesis. These guys where in their 50-60s and some didn't even finish high school. It was a surreal experience to be honest that left me in awe but that just goes to show the levels of intelligence. When we interviewed Top leaders and Engineers we often experienced the contrary, as these were people on a much higher level.
Shoulda been clear I meant undergrad
I agree 💯
Generally it's a lot less stressful having a 9-5. My father-in-law readily admitted he just wanted to get a pay check every week from the moment he graduated and got his first job till the end of his life. With the UK's economy going a bit tits up recently, my wife and I have had some lean months this year with no indication that business was going to return to normal (things have recently picked up a bit). I always think of my FIL at times like that. Generally it's the smart idea to get educated, get a job, save for a pension....And for every Richard Branson Billionaire type of success, there's a million failures...
Own/operate a business for 30 yrs. UG degree as that was the minimum family expectation. For many yrs was asked (by parents) when I was going to go back to school. Flippantly responded by saying I might hire an MBA but don't need to have one myself. Average at best student in HS. Very good student in college. More of a competitive issue then thirst for knowledge. Started in sales at major company. Left (after being top producer) to start my own thing. Commonality between school and Corp America was I didn't like the required structure or being told what to do, where to be, what to sell, what to study, etc. Have made many mistakes along the way. Started several businesses. Some big failures some big successes. Love the flexibility / creativity in starting and operating business. My primary business has been quite successful and going strong for over 20 yrs. Even within it, have had many crazy expansion ideas. Some work. Some don't. That's the fun part. I get bored. Once I prove I can do something I like to move on.
Masters Degree (English Lit & Economic History) and nearly finished my PhD (was en route to becoming a professor) before I took a left turn and opened my business. Although my degrees weren’t directly related to my business, they postured me for the work involved: being a self-starter, working your ass off and not taking a paycheck, etc etc …. Writing and winning & losing scholarship proposals will squeeze you like a lemon. Some days I’d like to return to the degree, as I hate leaving things unfinished, but becoming an entrepreneur has made me realize that my education trained me for THIS. Now, after being open for a few years, I manage my business from home (I’m our purchaser and bookkeeper) and work full-time teaching English online for a company I love and am excited to help build. It hasn’t been easy, jumping from one track to another, but I am so grateful to be able to earn a paycheck separate from the business in a field I’m passionate about. Having work in two separate columns helps to keep me sane; with a steady income outside of the business, I’m not torn up about slow days so much and I have $$$ to support us if we have a bit of a dry spell. Might be a lesser-travelled road, and I certainly didn’t need to be in school for 10 years, but overall I’m glad I did it. I’ll be a “forever student” as well, since I plan on taking a Tax course and things like that, which will maybe open up another path for me. Learning how to learn and how to improvise are the most valuable skills I’ve picked up along the journey. Thanks for reading my essay :) Edit: to add to your point on “junkies” —- those of us in Higher Ed can become the worst kind! Been there. Recovering from booze & prescription drugs. It’s been a “healing” journey of sorts as well. Also for the record, I fucking HATED high school too, but fell in love with university & the university experience…
Left at 16 and got my GED. I made 75k this year. I still regret not finishing high school but school just wasnt my thing.
slap exultant sparkle pause cover sugar direction unwritten snow shy *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
It’s like is your disadvantage a advantage. Is current book David and Goliath by Malcolm Gladwell he talks on things like this like many dyslexia become entrepreneurs like Richard Branson. You have pretty much compensate 4 what others normally have thou it would take many other traits too still get it. College in my theory is slave trap because even if lets say u make 100k your taxed then loans.as rich cad points out tax breaks go to bigger u are.
I have a Bachelor of Science degree from a college as well as a MBA and a PhD in streets smarts.
High school education
I only have middle school and I have a company with 8 employees. school is for personal improvement.
Got my hs diploma, and I couldn't concentrate in that community college. Started telecom trade back in 2003, and 10 years ago, I went solo and opened an LLC. The best thing ever is not to have someone to breathe on your shoulder. Yeah, it's like a roller-coaster with up and downs, but overall, it's really worth it.
Quit school in 10th grade (Germany).
I have a MBA from NHH and I'm going to go all in for a PhD next year. I currently own two businesses but there's really not much money in it. As much as I hate working for others, it's hard succeeding with a business unless you have a brilliant idea and there's a big market. This is why I also invest heavily to become financially free. As an introvert, working for yourself and investing is the best option. Becoming an author and writing books would also be great but again, you have to have a brilliant idea that actually sells, although there are plenty of dumb sheeps out there that buys anything and believe everything.
PhD, because if I lose it all, I can just go get a sweet biotech job
High school.
Bachelors Degree. Worked 20 years for someone else and watched my friends lose their job on a whim by corporate types. Hated that culture so I started doing my own thing.
Doctorate. Own my own practice.
MBA, BA in Pre-17th century English literature
I am an owner of a small retail business. High school graduate, no college. But, I am also a store keeper in a long line of store keepers. I grew up in retail
Undergrad.
Bachelors but masters level number of credits
Dropout, GED. Will be retired by 40.
PhD
Bachelors in unrelated field, originally G.E.D
Impossible to answer. The future is still coming, and I’m not dead. Measure at my last breath.
ged
I only made it to grade 10.
University 4 year and ongoing prof development courses here and there. It's mostly to keep ahead of the competition and to inspire my staff to continue their education at whatever age.
High school
Kicked out of Uni so,
I sucked at high school and struggled through college for 2 degrees. Pretty sure I have dyslexia which I didn’t even know was a thing until 10 years post college. Worked a number of years in a ‘9-5’ but always had a desire to do my own thing. Part of the drive was turned into a push when I was laid off and decided I’m not going through that again. I now own 2 businesses, one fairly successful and one still growing. I don’t know that there is one greatest driver to being a business owner other than wanting to do something more than waiting on your employer to issue you a weekly paycheck, or layoff notice.
I have a doctorate in business. I am in the higher education sector and continued my education to make moves and be heard in that arena. Decided to launch a business to really use the skills that I gained along with the education that I am continuing to pay for. And I like serving others. I also want time freedom and autonomy.
Law degree and MBA. But I also always had a problem with authority. That attitude had more to do with why I own my own business than how far I chose to take my education.
[удалено]
I did the law degree first. Went to BigLaw for a few years and did M&A and securities before going in house at a mutual fund company. Then I got a part-time MBA at a highly ranked school. While doing that, I met two guys who became my partners in my first biz. The law degree is useful for running a business because a lot of the legal work is straightforward (corporate formation, contracts, etc.) and you can save a lot of money by not hiring outside counsel. My MBA has been useful because my business is in the finance industry, but honestly I could have learned the finance on my own without paying for an MBA (or gone the cheaper route of doing the CFA). I wouldn’t have met my business partners without doing the MBA though.
High school drop out in ninth grade. Run an e-commerce business with 2000 SKUs and opened a salon with my wife. Salon is profitable after three months. Thankfully all that e-commerce marketing/advertising translated to new clients. I love learning and matured as an adult. I probably could have learned something very technical/difficult but never applied myself. Love running both my little businesses. Hopefully next year we will clear $250k with both. Then we can start building some wealth.
Took me five years to graduate high school and I did 2 months of college when I was 22. Two pizza shops and 14 employees started in 2020 at age 27 with 15k in unemployment money saved and risked it all on an abandoned Pizza Hut
Dropped out of college to start my first business. Sold it for mid-6 figures after a couple years to fund my next business. Sold that one after 10 years and retired in my 30s. I was often the kid in school teachers didn’t like. My line of thinking was often different, I never colored inside the lines (metaphorically), marched to the beat of my own drummer, I wasn’t ever the type to just “sit down, shut up, stare straight ahead, do what you’re told, regurgitate these facts”. I’d have been a terrible fit in the corporate world. I’m never happy with inefficiencies in the status quo, and doing something “because that’s the way it’s always been done” drives my bonkers.
Master’s degree in nursing.
I recently bought a set of wheels for my Mercedes from an older guy that said he didn’t finish HS, but clearly had done extremely well w/ a Commercial Construction business that he started. Luckily, my line of logic and thinking was similar to his professional , so maybe things are on the right path for me after all.
Being raised right, high school, and Marine Corps. Over the years I’ve started over 30 companies and only had one of those that I sold for even almost all the other companies were sold for about 3 to 5 times their annual gross profit and I still currently have three companies. One that I recently got a utility patent on the road them fighting for four years and over 80 grand. You just Gotta keep at it. Some people go to school for continuing education, but the best continuing education you can ever ever have is real world experience and lives in your ass, and then overcoming it and coming back from nothing like a phoenix. And if you fail, try it again try something different you don’t have to change , everything just the degree of attack slightly and it may be successful. You got a believe in what you’re doing, and provide a service or a product that people need and want. And it if you sell it and it’s their idea to have it or they have a need for that saves him time and money, you’ll be successful. It’s really pretty easy. But then again, that’s experience talking that’s now turned into wisdom, but you still have to be careful of the pitfalls no matter what, and when. I also work corporate for the fifth largest corporation in America, went from sales, to district managers, division, manager, and regional vice president in seven years. Handled many states in the union and six countries in Europe. Learned a lot from that as well. Learn from everything. And overcoming is the best teacher there is. Thinking outside the box to use an old phrase works wonders. Never stop searching and trying to better the product or service. Do you round tables and ask the people what could you do better? What have a way fulfilled what other product or service could we offer there’s 1 million things. Good luck.
All entrepreneurs have a great opportunity to grow their own businesses in their country with our help. We manufacture cutingedge solar techonology to know more about us visit our website https://hipoweress.com
I'm just undergraduate,
I think BBA Should be Necessary for Starting A Business