The latest series in "The Apprentice" features 2 distinct group of candidates. One group, who are only high school graduates are termed as "Street Smarts" by Donald Trump whereas, the other group are all college educated with some having MBAs and advanced degrees. They were termed as the "Book Smarts".
What was revealed at the start was that the "Street Smart" group were mainly entrepreneurs and had a net worth 3 times more than the "Book Smart" group!
What this goes to show is that you do not need a college degree to be an entrepreneur and rich. In fact, having a college degree may be more of an impediment to being a successful entrepreneur.
Why is this so?
For one thing, entrepreneurs cannot be conformist and stick "by the rules" and college somehow tends to train people to stick "by the rules". Entrepreneurs will always come up against obstacles and will have to find ways around these obstacles, many times, unconventionally.
College tend to make graduates think in a similar fashion, hence, they tend to be highly trained clones with no personality. Entrepreneurs however know that they need to have their own USP, or "Unique Selling Proposition" to be successful and being entrepreneurs, will find or create their own USP to make a success of themselves.
Entrepreneurs know that they need to think out of the box and create a niche for themselves as they do not have the resources to fight the big boys on their terms.
For college graduates, there is always the choice of going to work for one of the big corporations. For entrepreneurs, failure is not an option as they would not get very far in a big corporation without a college degree.
This is not to say that all college graduates are not entrepreneur material but that in most cases, getting a college education may not be the best route to being an entrepreneur as the education system is designed to produce workers and not entrepreneurs.
Benjamin Seow is a longtime entrepreneur and a popular information publisher and has recently created an amazing system for increasing your free time AND profits in under 7 days at: ==> http://www.EntrepreneurMillions.com

In my last article, "Follow That Guru", I told you... Read More
An entrepreneur is an innovator. She sees a need in... Read More
Running a one-person business is a creative, flexible and challenging... Read More
With the economic downturn, students in all the major business... Read More
Have you ever imagined what it would be like to... Read More
What are the unique gifts that differentiate you from other... Read More
Franchise companies are not born they are made and when... Read More
All franchised companies must have Territory Limitations to maintain the... Read More
Yesterday was a beautiful, sunny day in New York and... Read More
In the United States we have the most efficient delivery... Read More
Last week I was working with one of my small... Read More
Hey!Many of you might disagree and I'm prepared for that.Many... Read More
It's your first business or the next Great Idea in... Read More
Starting your own private label clothing company is not as... Read More
Once again the squeeze is on as renewed inflation worries... Read More
The short and simple answer to this question is NO!Now,... Read More
Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship... Read More
Some of us are born into families with "it", some... Read More
When franchise companies are moving fast in the market place... Read More
In his book, The Road Ahead, Bill Gates of Microsoft... Read More
Successful business owners and managers need to be very clear... Read More
In the popular 1980's movie "Dune," man learned that by... Read More
What I've discovered from most of my small business clients... Read More
When's the last time someone asked you: "What's new?" If... Read More
Does it seem like everyone and everything is vying for... Read More
Any success you have in life must begin with a... Read More
In his book, The Road Ahead, Bill Gates of Microsoft... Read More
Ray Bradbury's quote, "You've got to jump off cliffs all... Read More
Being an entrepreneur and running a successful home-based business is... Read More
What is it that sets a successful businessperson apart from... Read More
With the economic downturn, students in all the major business... Read More
I'm sure that you've heard about how many start up... Read More
Once upon a time, there was a village on the... Read More
With billions of dollars of venture capital residing down the... Read More
It never ceases to amaze me. Almost everyone peers into... Read More
Sally and Jim have launched their automotive franchise business and... Read More
Bootstrapping in the context of business start-ups refers to the... Read More
I would like to give some advice to all the... Read More
It is widely held that one of the most important... Read More
The "spark" for many entrepreneurs is seeing an opportunity that... Read More
Q: I want to start my own business. I have... Read More
Today, I got an email from a lady who hates... Read More
I recently read a magazine article about Andrew, a 42-year... Read More
The words you see onscreen trigger subconscious responses. Dark images... Read More
Are you busy? Everyone's busy! Ask anyone they'll tell you... Read More
Times are tough. The economy is in a constant state... Read More
Recently my bank opened a new branch that is a... Read More
Franchising InformationFranchise oppotunities are all around us today. You may... Read More
Before you decide whether or not running your own business... Read More
Living in the twilight zone has its advantages. In the... Read More
Answering Service ResourceAnswering Service Resource |