Time to Startup!

The BizFilings blog covering business tips and trends.

Need a degree to startup? Think again

Published on Aug 1, 2013

Summary

Read 'Need a degree to startup? Think again' at 'Time to Start Up,' the small business blog by BizFilings.
  Startup! While some may think a business degree may equate to success, there are plenty of other ways to make your dreams a reality. While a law degree is required to open up a consulting business or small firm, most careers don't require a traditional degree. Wondering what those types of businesses are? Many entrepreneurs have found success forming a company in the following industries:
  • Mechanics
  • General contracting
  • Web/IT consulting
  • Bakery/Restaurant
  • Interior design
  • Personal training/Fitness
The bottom line is this: the skills you’ll likely need to start and maintain a successful business venture can be taught both in and out of the classroom. Here are some tips from entrepreneurs BizFilings has worked with, which may help you choose the best path for you! Be realistic: Identifying your personal strengths and weaknesses can help you determine whether starting your own business is realistic, or whether this is even the right time to take the plunge into entrepreneurship. What skills do you have to make this business a success? Would an online class or college-level course be beneficial in the long term? It may make sense to cross these items off your list before jumping the college degree ship. Look at the full picture: It’s always smart to consider the long-term plan while you are starting a new business. Starting up will not only take time, but also money (much of which you may not get back for a few years). If you have a family or are planning on starting one, our customers have found the most overall success when those closest to them understand the short and long-term implications of owning a business. Know that you aren’t in this alone: While it may feel like you’re stranded in unchartered waters, many just like you have started their own business. Take a look at some fellow Kickstarter projects, or get involved with your local community Chamber of Commerce. Chances are there are resources in your own backyard you weren’t even aware of! If you are concerned about the unknown, hire a Registered Agent. He or she can help you navigate the various areas of business ownership, particularly when it comes to financing, filing for incorporation and establishing a business plan.