Why do people prefer business over degree?

[Bitcoin Maxi]

Why do so many people prefer starting a business over getting a degree?
Because a successful business can bring much higher income, while a job after a degree usually has a fixed salary. A degree takes about 4 years and costs a lot. A business can start with small capital and might grow 4 times in those same 4 years. Plus, many graduates still struggle to find good jobs.

•Do you think a degree is important to run a business, or can skills and experience replace it?
•What would you choose: start a small business without a degree, or get a degree first and then start a business?

that is not true indeed. many business man want to achieve a degree because it can be helpful for his business or social status. a business man who has a established business along with a valuable degree, he is the most honorable person in the society than others. many people complete their study even they are doing good in business and they are not looking for any job. so degree is not only for a job. if someone only has a degree he only can do a job. a limited income. but in many occasion degree is important for business.

Whether you have a degree or not, you'll need money which can come from your own business or from the strenuous job you are doing from 8am to 5pm in the evening on a 5 to 6 days per week. Those that are doing business have the freedom to go for vacations, employ workers that will work for them and this doesn't implies that you must be a graduate.

There are business men that started doing business from when they were young and since they have the money and connections, they decided to further their education so that they can get more knowledge and get respects from people around them.
Bill Gates dropped out of college to worked on himself and build Microsoft we are seeing today before he went back.

[Queen Julie]

Why do so many people prefer starting a business over getting a degree?
Because a successful business can bring much higher income, while a job after a degree usually has a fixed salary. A degree takes about 4 years and costs a lot.

I think some people choose business because they want to save up before pursuing a degree. It’s not necessarily that they don’t value education, you just want to be financially stable first.

Another thing that discourages people is seeing Graduates who invested years in getting a degree but eventually end up running businesses anyway. It makes most people wonder whether the time and money spent on education are worth it.
But I still believe a degree is valuable. Even if you go into business, having that education and knowledge can give you and advantage.

[nara1892]

A bachelor’s degree is important but not a prerequisite for running a successful business. Essentially, education is beneficial because it provides you with basic knowledge and theory about a subject such as business before you actually engage in it however, there are also some things that are actually easier to learn through hands-on experience.

The bottom line is that a degree isn’t a guarantee that someone will succeed in business, but when someone has the foundational knowledge and theory gained from their undergraduate education, they’re likely to have a more well-thought-out plan for getting started compared to others who don’t have a degree. As for success, it depends on how hard they work right?

[Otaibayomi]

Why do so many people prefer starting a business over getting a degree?
Because a successful business can bring much higher income, while a job after a degree usually has a fixed salary. A degree takes about 4 years and costs a lot. A business can start with small capital and might grow 4 times in those same 4 years. Plus, many graduates still struggle to find good jobs.

•Do you think a degree is important to run a business, or can skills and experience replace it?
•What would you choose: start a small business without a degree, or get a degree first and then start a business?

A million and one times over, I would actually prefer to have a degree first before starting a business especially if it's In line with the business I want to venture into. Degree makes you do business in an organized way. It stands you out from your likes in the same business line. You would be able to structure your business in such a way that, you would get more from it. You would have a brand in the  line of your business. The benefits of having a formal degree is immense. All of these benefits are subject to if you can afford it or if you have a sponsor because we can't deny the fact that it's capital intensive. So if you can afford it, please get it first and if not , you can start a small business and grow with it, but I will still recommend that once you can afford it, go for it. You will never regret it
 

[tsaroz]

Why do so many people prefer starting a business over getting a degree?
Because a successful business can bring much higher income, while a job after a degree usually has a fixed salary. A degree takes about 4 years and costs a lot. A business can start with small capital and might grow 4 times in those same 4 years. Plus, many graduates still struggle to find good jobs.

•Do you think a degree is important to run a business, or can skills and experience replace it?
•What would you choose: start a small business without a degree, or get a degree first and then start a business?

The answer is simple, when you have a business, every mental and physical effort you makes goes directly in profiting you. While having a degree would just prove that you have learned something, might get you a job where you use your brain to benefit others for a fixed salary.
Degrees are formal education while in business, you don't need to spend years appearing exams to learn about something, you could learn at your pace making mistakes and implementing theories in real life.
But there's a big problem with business is that most of it fails. Most of the time people either don't have skills or passion to handle the business well and sometimes having both too might not be enough. It has a more luck factor too, there are some very rich businessman who were average while many good minds fails.

I personally have couple of degrees which are useful for my job but they won't benefit anyway if I were to start a business, having a law degree gives me an option to start my own legal firm which is a business of its own but I don't see myself doing that. I plan on having a business that scales. I'll let everyone here know when I starts one.