Your "business school 101" is really a high school class on keeping suckers happy. A good scam artist (let's leave the P word aside to avoid dumb word games) keeps the early adopters happy so the purse is nice and fat to handle the ups and downs of running a business that is legitimate on paper but exploitative and small-minded in practice.
This again? There are hundreds of examples of people doing very well without a college degree. Entrepreneurship isn't something that's learned in a class. You have to go out and earn your stripes. Some people have just got the knack. Is Josh one of them? The jury is still out, but he's started and sold off successful companies despite the naysayers here.
Wow, I take a long sleep to address some jetlag and some interesting characters come out of the wood work.
Although the first part of your statement may be somewhat factual, your second sentence is not.
Scott-
My second sentence was "There are hundreds of examples of people doing very well without a college degree." I'm pretty sure you aren't debating this fact. So maybe you meant my third sentence "Entrepreneurship isn't something that's learned in a class." What do you disagree with?