4.8 • 2.2K Ratings
🗓️ 7 March 2025
⏱️ 11 minutes
🧾️ Download transcript
Ever wondered if a college degree is truly necessary to start a thriving business? Are diplomas essential, or can you achieve entrepreneurial success through other avenues? If you’re pondering these questions, today’s lesson is tailor-made for you. In this episode, Omar unpacks the myth surrounding higher education’s role in entrepreneurship. He’ll walk you through how […]
The post MBA2595 Can You Start a Successful Business Without a College Degree? appeared first on The $100 MBA.
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0:00.0 | Will a higher education actually help you build a better company? |
0:03.9 | Is it better just to go to college to cover your bases? |
0:06.5 | Spoiler alert. |
0:07.4 | No. |
0:08.1 | Some of the most successful entrepreneurs in the world never went to college or they dropped out. |
0:12.6 | Today, we're completely destroying the myth that higher education is a must for starting and running a business. |
0:18.1 | And trust me, I got a ton of personal experience when it comes to this one. |
0:26.4 | Welcome back to the $100 MBA show where it help you start, grow, and scale your business |
0:31.1 | with practical business lessons three days a week, Monday, Wednesday, Friday. |
0:35.2 | Today, we are diving into the question that I get a lot, which is, |
0:39.1 | can you start a successful business without a college degree? And the short answer is, of course, |
0:45.3 | absolutely. Let me explain why and how you can get started without wasting years or tens of thousands, |
0:51.7 | if not hundreds of thousands of dollars. Let's start with why you don't |
0:55.8 | need a degree. Colleges don't have a monopoly on the information you need to start a business. |
1:02.3 | This is actually the origin story of the $100 MBA. 15 years ago, I thought I needed an MBA to succeed |
1:08.5 | as an entrepreneur. I fell into this trap of believing that a formal education was like my only way to become |
1:16.3 | great at business. |
1:17.7 | I soon realized that the fundamentals of business, like sales, marketing, product validation, |
1:22.2 | finance, they could be learned in a few months and not a few years. |
1:27.1 | So I quit the idea of getting a traditional MBA and started the $100 MBA to save others from the same costly mistake. |
1:35.5 | I want to share what I was learning as I was building businesses along the way 15 years ago. |
1:39.7 | And 15 years later, we've helped over 800,000 people start grow and scale their business through our content, through our program, through our podcasts. |
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