Traditional Business Education Pros and Cons:
When we talk about traditional business education we are not just talking about business classes in college. We are talking about law students that will potentially need to open their own offices. We are talking about hair stylists getting out of school whose dream is to own their own hair salon or barbershop. We are talking about the software developer who is thinking about having their own software developing company.
Traditional Business Education: Pros:
- You will receive a degree of completion when finished. Having credentials gives you credibility and gives your potential employers or partner's a sense of security when hiring.
- People like to support traditional education. Your family and significant others will have something to brag about. They can look forward to a graduation and graduation party.
- You might be eligible to receive financial aid. Financial aid can definitely ease some financial stresses associated with being a student.
- Some schools offer job placement opportunities in which you will have options of employment right out of school.
Traditional Business Education: Cons:
- Cost of schooling is going up. Can these costs be covered? Are the cost more than the reward? Are there other options? Is your field a growing field?
- Times of the Classes. College or University classes are set on specific dates and times. Are these times available to you? Are online classes available?
- Cost of Books and Supplies. What will be the cost of your books? Will you need any additional supplies? Laptop/tablet/desktop/printer etc.
What are the top ways to insure your success with or without schooling?
Steady Income:
- Having a steady souce of income can really help you in your business ventures. Of course there are pros and cons to this but steady income definitly helps with some crucial problems. It gives you better chances of qualifying for lines of credit and loans. Lines of credit can be the bloodline of your business venture. It also gives you something to fall on if your business is not a success right away.
Qualifying and communicating with your Business Partners: - Make sure that you choose to work with the poeple you work with. Also make sure that they are your business partners for solid reasons not just that they are your friends or relatives. Write a list of qualities/skills/knowledge/characteristics that you are looking for in a business partners, have this well defined. Make sure that work is delegated and everyone knows what their job is in the buisness. Give everyone a voice to communicate.
Measure Twice Cut Once: - See problems coming and make sure that you know how to handle them . Write out a list of potential problems and write out different ways to solve them.
Self Education: - Make sure that you read anything that you can get your hands on relating to your zone of interest. Are there any books you can read to be ahead of the curve? Are there any videos you can watch? A teacher will ultimately teach you out of a book so please take books very seriously.
Hopefully this helps someone out there on their road to success.