English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

i don't now wether to got to collage or not, i just graduated high school and i'm working part time, i have alot of business ideas that i want to venture out on and create my own business, however a masters in international business or managment sounds good, but i'm not the type to waist time or money on a degree that will give me a boring 9to5 job. the only reason i'd get my degree is for the security. i think i'd be happier with my own business. what do you think i should do? thank-you so much for your answers :)

2006-06-08 08:21:08 · 6 answers · asked by e_thomas 1 in Business & Finance Small Business

6 answers

OK, this has been the central question of my life, so here goes...

First, Peter Drucker's answer: wait five years before college. Go and explore your interests, establish a work pattern, pay some prices in learning/doing what you think you want, then get a degree when it will get you moving along faster.

That's a risky position, except in the end, the only bet you've really got is on yourself and your ability to create value.

That said, my dad didn't do the college thing. He's found it very difficult to make a living, even though he's about the best there is in the world with what he does (process control through computers).

I have a good friend who is very successful who started his own business, made a success out of himself, then got his degree concurently in something unrelated that he was interested in (history, as it turns out). Business isn't that hard to figure out, and the college professors are just reading the same stuff you've got access to, without bothering to try out the ideas in the real world.

That doesn't excuse you from doing your homework. You should be very good at reading financial reports, analyzing business data, running good statistical tests, writing good reports and business communications yourself, understand strategic and tactical business consequences for market forces and your own decisions. You've got a lot to do, and there's no excuse for anyone with at least a high school diploma who wants to do business to not get very good at these fundamentals, regardless of their formal educational plans.

All that said, I've found my degrees to be extremely helpful. They bring more credibility than the things I learned in school. I earned my BS in Information Systems and and MBA from a highly-ranked business school. When I'm working a deal, putting together a business case, convincing someone to work my way, I often throw those out to get a little more credibility to the conversation. Of course, if my ideas don't have merit in themselves, I don't go very far.

Also, getting an education is a much more imporant life decision than just what you'll learn or what kind of career and lifestyle you'll enjoy. People that have enough self confidence to spend significant amounts of time and money to commit to their own education meet other high-quality people, learn to be open minded and truly educated in many areas outside of their direct field of interest. Often (and I don't know if you're a man or woman), women aren't interested in men that don't at least have a Bachelor's degree. It's sometimes true for women as well. When you choose to get a college degree, you're choosing to associate with people that have a higher degree of discipline, self-respect, and commitment to life than the general population.

In the end, I got my degrees, use them everyday, but don't work a 9 to 5 job, and probably never will again.

Cheers

2006-06-08 08:37:23 · answer #1 · answered by Geni100 3 · 0 0

College. Come on, what do you have to lose? Its not like its college is full time. Get classes that fit into your schedule. Take business classes. The more you know, the easier it is. The wiser,the better. You can start a business while your in college. An online business and work your way up. College,definitely.

2006-06-08 08:27:55 · answer #2 · answered by Jasmine 3 · 0 0

I would go to college for an enterperner management degree. That way you will have smarts to back up your business ideas, and not make the same mistakes that others have made. Plus it would give you time to develop your ideas and business, and have professors feedback on them. And they can team you up with some professionals who made their dreams into reality, and inspire you to do the same.

2006-06-08 08:38:20 · answer #3 · answered by ht_butterfly27 4 · 0 0

it's all about who u know buddy... whether u meet them at school or at the bookstore or at the park... NETWORK.... that's the most important thing school doesn't teach you... find a mastermind group of people who share the same interests as you and you'll be on your way... just beware of selfish/greedy people...

good luck in your ventures... oh yeah, school is a waste of time... i have an MBA in Business Administration and I am stuck in a 9 to 5... make decent money, but not my true potential... chase your dreams while u can....

2006-06-08 08:27:49 · answer #4 · answered by rythizzle 2 · 0 0

GO TO A COLLAGE AND GET ALL THE NORMAL CLASSES THERE LIKE LANGUAGE ARTS. THEN GO TO A COLLAGE THAT HAS CLASSES THAT YOU NEED FOR YOUR JOB THAT YOU WANT. DON'T DO YOUR OWN BUSINESS! MY DAD DID THAT AND MY PARENTS HAD TO DIVORCE BECAUSE OF THAT! THAT'S MY OPINION.

2006-06-08 08:31:42 · answer #5 · answered by megan_hollister2001 1 · 0 0

I think you should go for it........but still take a few night classes just to be ahead of the game..sounds like you know what you want in life.............go for it!

2006-06-08 08:26:15 · answer #6 · answered by caseyvc 2 · 0 0

fedest.com, questions and answers