Many entrepreneurs dismiss the idea of getting an education. After all, many people have launched successful businesses without qualifications – why take on extra debt when you can build a thriving business without it? The truth is that an education could still pay off by propelling your business further. From helping you develop new skills to helping you build new connections, there are many ways formal learning can benefit you. This post delves more into those benefits.
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Some industries require certain credentials
While credentials aren’t necessary for all industries, there are some sectors that you cannot easily enter without qualifications. This includes industries like healthcare, law and finance where you’re going to want to have some experience as an employee before going solo – which means having certain degrees. In certain trades like plumbing and electrics, having credentials may also be necessary to get a license (although this may require a greater amount of on-the-job learning than formal learning).
You can develop new skills
Enrolling on courses can be a chance to develop new skills that could help you to run your business more successfully. For example, a course in business administration could help you to organize your business more professionally, while a course in digital marketing could help you to learn useful promotional strategies. You don’t have to take a degree – there are many online short courses that you can also take to develop these skills.
Qualifications can help you gain trust
Having qualifications may help you to gain the trust of customers and investors. It gives you credentials to display on your website personal bio or LinkedIn account that can make you appear smarter and more professional. It’s a badge of trust in many industries. Some entrepreneurs even take masters degrees online to help encourage customers that they are experts in their field.
It can give you confidence
Having qualifications can also instill a sense of confidence. It can give you more self-belief that you are an expert and it may familiarise you with things instead of having to learn everything from scratch yourself. This is a key reason why many business owners choose to take up degrees – you may feel bolder and more capable knowing that you have an education behind you.
It’s a chance to build connections
Finally, education can also be a chance to build connections. Going to a university can introduce you to lots of people who may prove to be useful links when you graduate. Even if you don’t study a degree, short courses and workshops could still be a viable way to educate yourself and network – you could meet many fellow business owners through these courses and events, making it a great way to strike up new business. Online courses aren’t so good at helping you build connections, so try to stick to in-person learning methods if networking is also a goal.
All in all, pursuing an education as an entrepreneur can have many advantages. Start comparing courses today to help boost your business.