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Monday, January 28, 2019

5 Most Noteworthy Degrees for Successful Entrepreneurs

 Knowledge is better than ignorance. Except few, everyone has to fight for true success. Those who are educated perform outstandingly by managing and catering challenges in most appropriate manner. Although you will see examples of Mark Zuckerberg and Bill Gates whose testimonies brought success to them but they are exceptions to the rule. Not an offense, but everyone has to stand up on their feet and for this a worthy degree can help to change their destiny into successful entities or professionals.
Most of the entrepreneurs never give serious consideration on getting a relevant degree from reputed institution. At this point, they go wrong because those entrepreneurs who have attained a college degree are much faster not only in decision making but also in planning, implementing and controlling their business activities in very proficient manner.
When we compare degree holder entrepreneurs with non-degree holders, there is a great difference between both. As a college degree holder seems to be more professional, possess strong interpersonal skills, effectively communicate to all the stake holders and above all, have high confidence to meet challenges and grab opportunities strategically. On the other hand, entrepreneurs without a college degree can perform well but they have some limitations and most of them have to face hurdles in making decisions. They restrict their businesses within certain boundaries and resist in broadening their aspects and catering high customers range.
It doesn’t mean that entrepreneurs without a good degree are not successful; there are fair chances of success for them. Instead, if they get any of the college degree that we are going to mention in upcoming paragraphs of this article, they will enhance their skills, allow then to utilize their skills more effectively and get positive results.
There is one more misconception among entrepreneurs as when we talk about a college degree they most often think about Masters in Business Administration –MBA degree. Well, there are other degrees as well that can enhance your skills as per your specific business needs like communications, accounting and finance, MBA, marketing, project management, creative degree and others.
In this article I will discuss only five most noteworthy degrees that can help entrepreneurs to successfully operate their business in the long run. These are:

1 - Communication

Communication degree helps entrepreneurs to strengthen their business foundation because it helps them to understand and apply effective communication mediums. Communication studies being an academic discipline deal with human communication processes. In which they learn, how to work with people, how to do presentations in front of large audience, investors, clients and others, how to communicate on international forums, how to represent their businesses in media and a lot more. This degree is the easiest and the most applicable for entrepreneurs that will impact positively and generate healthy results.

You can find distinct programs in Communication studies like Mass Communication, Speech Communication, Media Ecology, Communication Arts, Communication and Media Science, Business Communication and others. Being an entrepreneur you can opt for any communication degree based on the needs and requirements of your business.

2 - Project Management

Project Management degree and certifications are in great demand. Project management is a methodical approach to planning, implementing, controlling and guiding project processes from scratch to final completion. Being most important and industry recognized degree, it helps entrepreneurs to intelligently manage all their projects, calculate their risks and control all the micro factors economic related to their business in efficient way. These degree programs allow entrepreneurs and other professionals to have education, experience and competency to lead their projects.

3 - Marketing

In tough and highly competitive markets, only those entrepreneurs successfully survive who have knowhow of marketing. Entrepreneurs, no matter a small business owners or large, a college degree in marketing field will allow them to showcase their products/services to right segment and increase their revenues. As per your business type you can do MBA or BBA in Marketing. In marketing, you can also select different courses like Digital marketing, Brand Management, Advertising, Marketing Principles, Marketing Management, Strategic Marketing Management, Marketing Research, Event Management, Industrial Marketing, Sales Management, Experiential Marketing, Supply Chain Management and others.

4 - Supply Chain Management

Entrepreneurs who are searching for a perfect degree that can enhance their expertise in manufacturing and other products business is Supply Chain Management. It gives you insight of information, materials and finances when they move from suppliers to manufacturer and then to wholesaler to retailer and finally reach consumers. Supply Chain Management involves steps for coordinating and integrating both internal and external processes of organization.
This degree is critically accepted by businesses for efficient and lean operations, that is why being an entrepreneur you can easily find degree programs related to Supply Chain Management.

5 - Accounting and Finance

Being an entrepreneur, you need education in accounting and finance field as it will help you in making right decisions from financial aspects. For any startup, even though you have little funds, an appropriate degree in accounting and finance can help you how to get the most of it. This degree helps entrepreneurs in taking right investment and funds decisions, proactively designing your budgets, forecasting, proper recording of transactions in right journals, proper allocation of resources, expenses, revenues and a lot more.
Accounting and finance not only improves financial performance of your business but also helps businesses in getting funds from proper channels, calculating NPVs, payback period and a lot more.

The above mentioned degrees are not a limited choice; however, you can opt for others as well depending on your business core needs. If you want your business to maximize your profits, expand its operations, increase productivity and get timely results then a perfect degree can help you out. You learn from experiences but a well-education will add value to it. If you think your business has high potential and you can make it a multi-million business than take your decision now.
Lift up your skills by enrolling in the right program and learn about business, communities, societies, economies, people, processes, technologies, numbers, marketing and other aspects. The aforementioned aspects can make your brand a highly competitive one. It will take your business to new heights and is crucial for its sustainability.

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