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Is College Worth It For Entrepreneurs?

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US News:
There’s no law saying you have to go to college to start a business.

There’s also a carrot and a stick that might lead entrepreneurial minded members of Generation Y to want to skip college. The stick is that hiring prospects might be grimmer than they thought.

The carrot? All the examples of wildly successful entrepreneurs who dropped out of college and went on to make big bucks. Current young adults have grown up hearing about Bill Gates as the paragon of success. Why not try to follow in his footsteps?

1. Study entrepreneurship while developing an outside niche. Tina Seelig, executive director of the Stanford Technology Ventures Program at Stanford University, says that while successful company builders have a natural inclination to be entrepreneurs, sometimes it takes education to bring that inclination to full bloom.

2. Expose yourself to as many different courses and experiences as possible. What if you don’t go to a school that lets you study entrepreneurship directly? Seelig says she would advise trying to get as exposed to lots of different disciplines. Having broad knowledge can make it easier to identify opportunities as an entrepreneur.

3. Consider even more education. Depending on your field of interest, going on to graduate school can help a lot. Litan says that the stakes are now higher for tech startups because the world of technology has grown so much more complicated and expansive.

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2 Responses to “Is College Worth It For Entrepreneurs?”

  • Wuryanano says:

    Great article, I agree with you, Cris. :D

    Regard,
    Wuryanano
    Surabaya-Indonesia

  • Jeff says:

    I’m currently a rising senior at Columbia University but considering putting my education on hold to pursue a business I’m helping launch. The value of your knowledge learned from your major program depends first on what you are studying, and how that relates to your passions and what you want to do. For example, I’m a history major, and enjoy the learnings associated with the program, but want to pursue a lofty career in internet business. In my case particularly, the value of my education has come as a result of the rich conversations and debates I’ve practiced with my peers, instances where we challenge eachother’s opinions and claims. It comes down to the basic’s, the abilities to communicate effectively, efficiently, intelligently, and powerfully…..

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