The question of whether a college degree is necessary for an entrepreneur is subject to debate. Proponents of college degrees argue that a degree provides valuable skills and knowledge that can benefit entrepreneurs, such as critical thinking, problem-solving, and communication skills. Additionally, a degree can provide credibility and legitimacy, which may be important when seeking funding or partnerships.

On the other hand, some successful entrepreneurs have achieved success without a college degree, relying instead on practical experience, networking, and a strong work ethic. They argue that the time and money spent on a degree could be better invested in building a business. Certain industries require knowledge that a simple associate or bachelor’s degree can’t provide, and sometimes learning on the job can be more valuable than learning at an institution.

Ultimately, the decision of whether or not to get a college degree is up to the entrepreneur. If you are looking to enter a field that could benefit from knowledge of accounting, finance, marketing, etc, it may be worthwhile to consider enrolling in a college or university. On the other hand, if you feel that it is more worthwhile to focus solely on the areas your business deals with and invest the money that would be spent on a degree back into your business, then it may be wise to rely on prior knowledge.

There are also ways to supplement your business knowledge to help your company without spending time and money on a degree, including taking a couple courses at a local community college or attending seminars that address the field you are pursuing. Whether getting a college degree is right for you or not is a highly personal decision, and one that is fully up to the discretion of the entrepreneur.



Article by
Katie Hoge
Content Writer and Researcher

Katie Hoge, a young white woman with long brown hair