A Good Education Is Critical to Success in Business

A Good Education Is Critical to Success in Business

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Many beginning entrepreneurs and future people in business believe that they do not need education, because a large number of well-known billionaires dropped out, and despite this, became incredibly successful. They prefer to use services like WriteMyEssayOnline which promise to write an essay for you and save the time. Let’s have a look at who these people are and how it happened that they have no degree.

I know one guy…

Yes, we all heard about them too. Steve Jobs, one of the founders of Apple and the former CEO of the company, dropped out of university, which did not prevent him from creating one of the largest and most successful corporations in the world. Mark Zuckerberg studied at Harvard, one of the most prestigious universities in the world, but left it to develop his project, which is now the largest social network in the world. Richard Branson, the founder of the Virgin Group corporation and the owner of a vast number of companies of various profiles, also does not have a higher education. Even Bill Gates, co-founder of Microsoft and the richest man in the world for 13 years, quit Harvard to develop his idea.

But all these people are geniuses who from very early childhood had many ideas and worked on their implementation, studying entrepreneurial business through hard work and a large number of failures, which gave them valuable experience and became the reason for success. Besides, I am sure that you can recall just a few other names of famous business people who have the same achievements and do not have a degree because the above people are exceptions to the rules. If you are over 20 years old, you have not yet implemented a single project, you do not even have a garage that you converted into a workspace, and you are reading this article, then most likely you are not one of these people.

And I know even more of them!

At the same time, I can give examples of a vast number of people who are successful businessmen with a degree. Elon Musk, your personal favorite, the founder of PayPal, Tesla, SpaceX, and the future conqueror of Mars, has a bachelor’s degree at the University of Pennsylvania. Michael Bloomberg, the billionaire founder and owner of Bloomberg L.P., the former mayor of New York, and the 13th richest man in the world, has an MBA at Harvard Business School. Jeff Bezos, founder, and owner of Amazon, and also the richest man in the world graduated from Princeton University in 1986 with a degree in Computer Science and Electrical Engineering. This list can be much longer, and since I do not want to waste your time, you can recall any well-known entrepreneur, open their Wikipedia page, and you will most likely find out that this person has a degree.

Diploma or knowledge

Moreover, the huge advantage of higher education is not the diploma you get after graduation, but the structuring of knowledge, which is very important in any business. Any field of activity has an almost unlimited amount of knowledge that you can absorb, but you cannot be sure what information is vital and in what order should it be studied. Developers of educational programs base them on their experience and the characteristics of students’ perception of information, so they know exactly what information and in what order is needed for you to learn the materials most effectively.

In general, higher education is not a necessity to become an effective manager and create a business that will make you a billionaire. But I can assure you that without self-education, your business will not be able to survive even one year, because if you do not develop, then your business will struggle as well. People like Elon Musk work on themselves every day and strive to become better; they continuously absorb new information, even which is indirectly related to their business, but it allows them to expand their worldview, which is essential to see the wide picture. If you do not develop your thinking, you will not be able to come up with a project that will benefit people, so it will not interest them, and your business will be a failure.

Every day you should become better than you were the day before, because if you do not develop, then how can you grow a business? I can say without exaggeration that your business is your reflection, so work on yourself, as Mark Zuckerberg, Bill Gates and Steve Jobs did before, in the process, and after creating their businesses. If you want to increase your chances in business significantly – start getting higher education right now. Colleges develop the curriculum in such a way that students absorb the studied information as efficiently as possible, which is very important for structuring knowledge in your mind. Consider higher education as your first investment, which now may not seem to you the most rational, but in the future will save you a massive amount of time, effort, and finance.