CEOs without degrees

[dfrecore]

I took a sociology course 16 years ago and we analyzed data of the value of college degrees. I was shocked to find out that how many entrepreneurs do not have college degrees and how much money they make.  Many also come from lower income backgrounds.

Many people, especially from lower incomes, tend to become entrepreneurs because it's a way around the degree thing.  Many don't want to waste 4 years in college when they could be out there earning an income.  For a lot of people, even if you could manage to get college paid for, you're not earning the kind of money you could if you just worked full time (or more).

I quit college at 19 and started working full time, and was making WAY more than my friends who went to college, for a very long time.  It took years for them to catch up to my head-start, and some never did bypass me.

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Becoming an entrepreneur is also a good way to get around any personal limitations you might have - like having spent time in jail, so it's hard to get hired anywhere.