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It was long thought that you absolutely needed an MBA to be a worthwhile entrepreneur, but things have changed over the last few years. While the MBA still holds weight in many circles, we’re now seeing successful entrepreneurs emerging from a wide variety of fields these days. The truth is that there is more than one degree that could benefit you as an entrepreneur, and if you already have some experience managing a business, these could be great options if you want to diversify your skill set. Here are some of the most valuable degrees for entrepreneurs and why you should consider them.
Accounting
Accountants often have a completely different view of a business than the owner, and while some business owners might think they are smooth sailing, accountants can foresee disaster from a mile away. A thorough understanding of accounting will allow you to set budgets better, manage things like customer acquisition, marketing, overhead, and margin, and make better decisions overall. Not only that but you’ll have a better understanding of the tax code, will help you get benefits and deductions others may not be aware of, and be able to stay away from tax trouble.
What’s great about this degree is that you can take it completely online and not miss a thing. Colleges like Walsh University have some of the best online accounting programs you can find and you’ll be able to take it on your off time while still managing your business.
Business
A business degree can still be very
valuable to certain entrepreneurs. If you come from the tech world, for
instance, and only have an IT, programming or engineering background, then
there are parts of managing a business you may not have grasped yet. A business
degree will teach you everything from leadership and communication, how to
identify market oppo… Read More
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