There is no set degree to put you on the right path to become an entrepreneur. If you have a great idea, a high school diploma or MBA won’t make much of a difference.
That said, there is more to being successful than just having a good idea and hoping that you eventually find the best way to market it, and make money. Having a degree can be a great advantage to getting a business off the ground.
Whether you’re considering going back to school, or just looking to sign up to some night classes, here are a few degrees that could be greatly beneficial to budding entrepreneurs.
Whether you get a formal degree or not, all entrepreneurs must excel at communication if they want to stand a chance at a successful business. Communications is a very diverse field and includes spoken, written, and nonverbal cues. Getting a strong foundation on basically how to work with people is the ultimate tool for entrepreneurs. Once you learn this skill, you can use it to pitch a business proposal, draft a blog post, or persuade investors to get into business with you.
IT, Engineering, or Science
The benefits of an IT degree may be obvious, but you don’t have to have aspirations for teaching chemistry, or building guardrails on the side of the road to find Engineering and Science useful. Science and IT develop critical thinking skills, which in turn can assist many online entrepreneurs/startup women and men on their journeys and lead them to success. Engineering gives you the skills and confidence to deal with any problems that come your way, which is an invaluable skill for an entrepreneur.
With the entire world embracing technology, a degree in Computer Science can only help you get ahead in the digital age. From web development to analytics, you can save a lot of time, hassle and trouble if you are capable of handling the needs of your online business. As a plus side, web developers and software engineers are in high demand, so this could be a great way to make money while you get your business off the ground.
Business and Economics
Most people who want to become entrepreneurs opt for a degree in Business or Economics. While a business degree will give you a good set of accounting, marketing, finance and leadership skills, it’s a good idea to supplement it with another degree. As for Economics; you’re going to enter a world of big data. It doesn’t hurt to know your statistics.
Accounting and Finance
If you’re going into business for yourself, you need to be able to crunch the numbers. Even if you get to a point where you can hire someone to do this for you, it doesn’t hurt if you’re able to sit down with them and understand what they’re explaining to you. When you have your own business, you need to know what your legal, tax and other obligations are.