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.
My father works for a man who doesn't have a higher education, but he runs a big company. By the way, I never heard advice from my father that I study and get a higher education, he always said that I have to make my own choice, because this is my life and only I can determine my future.
I understand that higher education will not hurt anyone, I only care that it will become a waste of time when I could develop something of my own and earn money. After all, this is 4 - 5 years of my life, it seems to me that this is too long a period of time that cannot be returned.
As an option, it can be a correspondence study, maybe it will not take so much time and as a result there will be a diploma, but the quality of knowledge can be lower.
Don't think that education is a waste of time, it will help you greatly in the future. Depending on your situation and the job you want to do in the future, you should decide to continue your higher education or stop. Those who do not have a degree but own a business may say they are smarter than the average person or their family is already rich, we should not compare ourselves to them because not everyone will do that.
Your father gives you a choice, not to advise you not to go to higher education, because no matter what your life is like, you will be responsible for yourself, your father cannot protect you for the rest of your life. Evaluate yourself to see where your ability is and do not set yourself too high, otherwise you will regret it when you get old.