Post
Topic
Board Economics
Re: Benefit from Higher Education?
by
Marvell1
on 03/03/2023, 13:14:44 UTC
Statistically, 95% of entrepreneurs have a bachelor's degree or higher and I wonder, for those of you who are involved in entrepreneurship, how useful was higher education for you?
It is unlikely that this ratio is correct.  Business owners and projects belong to different classes of society, including those with higher degrees and even those who were not fortunate enough to complete their studies or obtain higher degrees. 
Personally, I consider that higher degrees are not in all cases useful for launching a business project, and by examining business owners who hold degrees, we will discover that their business field is completely different from their university specialization.

Higher education isn’t a yard stick for business to grow but people in businesses today tend towards recruiting educated fellows into there businesses or themselves going back to school to seek the knowledge even when they look successful in the business. This act is done because the world is evolving everyday with new technologies and only professionals could help in bring new innovations into the businesses.

This is true, I used to work for a boss who didn't have a college degree, but they built a business of their own. But the people who work for them are university degree holders, they would never hire someone with no degree or no experience. Although he did not graduate from university, when the company grew, he also sent his wife to study abroad to run the company on his behalf. According to the law, his wife is the chairman of the company's board of directors, but I know all company activities, and he is behind the direction.