Business with and without education ? - page 15.

Decade_Later

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Quote from: Hendralam18 on December 15, 2017, 09:35:06 AM

Business can be without education also depends on what business is occupied and how much the person is willing to learn from experience and business associates. Research also shows that college graduates ages 25 to 32 earn $ 17,500 more annually than their non-degree-holding counterparts. But, given the crushing cost of student debt and a slowly recovering job market, is a college degree really worth it? Anyone with a formal education should value his or her training, but that doesn’t diminish the wealth potential of ambitious non-degree holders. PayPal co-founder Peter Thiel thinks good ideas and work experience outweigh education. In fact, the Thiel Fellowship offers a $100,000 grant to college dropouts and those who delay formal education to become entrepreneurs. A degree or even much training to make money and pave your way to success. Instead, you can create your own opportunities or enhance the job you already have.
What kind business doesn't need education:
1. Start a service business.
2. Invest in real estate.
3. Offer consulting services.
4. Create a product.
5. Become a subject matter expert.
6. Rent your stuff.
7. Look at non-degree jobs.

As a business owner with an MBA and 15 years experience, I can definitely say that I threw my money away on education. Experience and being in the field helped me. My education helped a bit but most positions I had to start at the bottom anyway. I learned more on the job than I ever did in the classroom and that money would have been very very useful right now with the BTC buzz.

ronandol198

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Education is very important . That is reason why most countries always focus on investing their education system .
An educated person is better than uneducated

SugoiSenpai

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Quote from: mwaqar17 on December 11, 2017, 07:34:10 AM

I have observed that many business persons in my country are not educated but they are doing well. It does not mean that educated persons are not doing well.
Do you think a business of educated person is more successful as compared to un-educated one??

How we can guess that this business is under the control of educated person or un educated person? Any idea

It varies from the person really. But most person that have an education will likely more successful in the long run of the business because of their prior knowledge to related subjects that might help the business grow. Yes, uneducated people can also learn by themselves and be successful but sooner or later they are going to need to learn more to earn more which they also need to be educated throught the help of someone else, hence when you are educated you can manage on your own.

msuheb

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Activity: 136

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Educating someone is like making the person able to decide that what is wrong or right for the person itself & the society. education does not means to send a child to school. If anyone is grown in such an environment where people have morals & etiquettes and vision then the one is self sufficient to learn by itself. {Sorry if anyone feel offended, it's my point of view.}

Hendralam18

member

Activity: 113

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Business can be without education also depends on what business is occupied and how much the person is willing to learn from experience and business associates. Research also shows that college graduates ages 25 to 32 earn $ 17,500 more annually than their non-degree-holding counterparts. But, given the crushing cost of student debt and a slowly recovering job market, is a college degree really worth it? Anyone with a formal education should value his or her training, but that doesn’t diminish the wealth potential of ambitious non-degree holders. PayPal co-founder Peter Thiel thinks good ideas and work experience outweigh education. In fact, the Thiel Fellowship offers a $100,000 grant to college dropouts and those who delay formal education to become entrepreneurs. A degree or even much training to make money and pave your way to success. Instead, you can create your own opportunities or enhance the job you already have.
What kind business doesn't need education:
1. Start a service business.
2. Invest in real estate.
3. Offer consulting services.
4. Create a product.
5. Become a subject matter expert.
6. Rent your stuff.
7. Look at non-degree jobs.

Mobshady24

full member

Activity: 266

Merit: 105

successful businessmen that did not finish college doesn't mean they are not studying, of course they are studying as well especially those financial matters and taxation, being as successful businessmen doesn't mean you will be more successful if you don't finish college. Those businessmen that has a college degree is just have an advantage over those undergrad because they are already prepared and they only lack of experience.

Ravenangel

member

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I think it is more of the skills, hard work and dedication that make a business person successful with or without education.

equoboy

member

Activity: 176

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Entrepreneurs without degree can be also a successful business owners and not all the business owners with degree is succeeding with the businesses they made, but of course having business could make some things easier. For the business owners talents and skills above all else will define your true value in the business world.

Mademoiselle

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Quote from: techbill on December 15, 2017, 01:12:01 AM

Sometimes, most time the drive to start a business is the real key. Also knowledge. Say their parents had a shop, so it's something that they can relate to.

I knew alot of people who played education before but now i see them or some as business owners, as long as you put yourself into the thing you love.

techbill

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Sometimes, most time the drive to start a business is the real key. Also knowledge. Say their parents had a shop, so it's something that they can relate to.

SamPo

member

Activity: 112

Merit: 10

Quote from: mwaqar17 on December 11, 2017, 07:34:10 AM

I have observed that many business persons in my country are not educated but they are doing well. It does not mean that educated persons are not doing well.
Do you think a business of educated person is more successful as compared to un-educated one??

How we can guess that this business is under the control of educated person or un educated person? Any idea

With or without proper education, Everyone or every business minded person has the right to put up a business if they want to. It is an investment that can actually help them grow their money

criptix

legendary

Activity: 2464

Merit: 1145

oh yeah baby - this is why the 3rd world is such successful and thriving... Grin

in the grand view you are going from a mcdonalds burger maker to a restaurant waitress Wink

crazylikeafox

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Quote from: mwaqar17 on December 11, 2017, 07:34:10 AM

I have observed that many business persons in my country are not educated but they are doing well. It does not mean that educated persons are not doing well.
Do you think a business of educated person is more successful as compared to un-educated one??

How we can guess that this business is under the control of educated person or un educated person? Any idea

Lets see most of the big tycoons are drop-outs and those who cant afford to education.

Business is more on disicpline and good practices because not all educated people can practice what they learned.

PIR

member

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Some people are good at actual thing rather than theory meaning some are skillful and can do things well even if they're not that good academically that's what they become successful. it about how you make simple work by being creative, resourceful and good public relation and being smart as well and turn it into great, presentable and acceptable things ...attitude plus skills works!.

jiamileshuai

member

Activity: 112

Merit: 10

Business doesn't need education, it is about skill. However, business with education is plus point. There so many businessman who are successful doing their business with low education background. It doesn't mean that they are not educated, because education is not measured by formal education. Our mindset may say that education is always in formal school. However, doing business needs skills.

Mometaskers

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Merit: 584

Business education is a plus but not always necessary. Plenty of businessmen in my country that rose from very lowly status like waiter, etc. There are people who have a good grasp of basic business principles even without an education.

You can think of it as the difference between book and street smarts. There are business grads out there working for uneducated employers.

bribed

full member

Activity: 238

Merit: 100

In order to answer your question you need to look at the individual person. I dont think that we can generalize this.
There are many people that are successful business owners although they dont have much education. I think success can be achieved with persistence, hard work and discipline. The most important is persistence, as there will often be things that wont work out as planned, but you have to keep pursuing your goal nevertheless.
Many people without the university education have a lot more "hunger" to achieve success to show their relatives and friends that they have made it without education. But this cant be generalized, many dont have this "hunger" and will never be successful too. Many educated people got this "hunger" as well.

Saput

newbie

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doing business with higher education surely we can better understand the business and run business with business education that we have and which we controlled which is certainly easier and faster in achieving success in business but business success ga must have a high education but how we run and manage the business well

Babylon

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Quote from: mwaqar17 on December 11, 2017, 07:34:10 AM

I have observed that many business persons in my country are not educated but they are doing well. It does not mean that educated persons are not doing well.
Do you think a business of educated person is more successful as compared to un-educated one??

How we can guess that this business is under the control of educated person or un educated person? Any idea

It really does not matter if you are educated or not, when it comes to business you just need to identify the problem in a certain place and provide a creative and innovative solution, then all will follow after. Profit will come later as the business prosper. Of course, education can help you in the long run, but business is more about your motivation to solve that particular problem and your ways to solve it.

Most people are profit driven, which is why they fail. Yet, whether you are educated or not, as long as you have that passion in doing what you can do best and provide it to those people WHO REALLY need it, any business will succeed.

That is the most basic thing to remember in business and entrepreneurship!

femiranda

newbie

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I think you can guess a business with an educated boss through its structure. If the company is well-structured, then most probably the business is from an educated person. On the other hand, a business from a non-educated person could have an organization that is all over the place.

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