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This is a very interesting question that I receive all the time. Most of the time it’s actually asked by young people who intend on studying in some college. There are upsides and downsides of going to college. However the idea that you need to get a college degree in order to be successful in life is a lie. Yes a college degree could be a path at earning a high paying job, but it’s not the only path. Ask a large number of college graduates who got what we may consider “worthless degree”. Some ended up settling for a job which they could have easily got without a college degree.

Is getting a college degree a waste of time if you intend on starting a business?

A degree is not necessary for anyone trying to venture into business. There are lot of examples of people who succeeded in the business world without degrees. One of the greatest business person of our time is Bill Gates. However he actually dropped out of college when he was in second year. He went out with a childhood friend to start a business that will revolutionize the personal computer. Even Steve Jobs dropped out of college to change the world. This shows that someone can actually change the world without a college degree. The business sector doesn’t discriminate in a free market system. However in the start-up world it has been proven that it’s quite easier to raise business Capital from investors if you had a college degree and some work experience in the field.

Are degrees overrated?

The truth is that degrees are highly overrated in the modern era. This is due to the fact that one can now get the same quality of education they get in a degree without attending college. There are so many resources that you can find online. You can even try the autodidact route!