Well... You don't even have to start your own business. You can work for a company as well provided that you have the skills they want. At least in the tech industry, most of the companies don't care about university degrees. They care about what you have done, what you have created, what you can do for them.
Don't get me wrong though. This applies mostly to the tech industry. If you want to become a lawyer or a doctor, unfortunately (or maybe fortunately) you need that degree.
Thank you for your comment @mikestrange . We'll have the chance to talk more about that in a future blog post!
Thanks and you are right for special jobs like doctor you need degree:-)
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