The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
If you’re an aspiring entrepreneur, you may feel overwhelmed with the amount of work ahead of you. Even with an undergraduate degree, you may feel you don’t have all the skills necessary to start your own business. Going back to back to school would allow you to learn valuable skills before trying them out in your own venture. However, the time and cost required can be daunting. Since going back to school may not be right for everyone, here are some things for you to consider before you decide to get an advanced degree.
Aside from gaining practical knowledge about running a business, a benefit you may not have considered is the opportunity to network with other entrepreneurial students. You may even meet your business partners, employees, or backers this way. You may also find that going back to school makes you more attractive to employers, should you decide that entrepreneurship isn’t for you.
However, these benefits must be weighed against the drawbacks to getting an advanced degree. Going back to school will require a tremendous commitment of time and money. With the amount spent on furthering your education, you may just as easily fund your business, so you need to make sure that what you learn in your degree is valuable to you.
If you’re still uncertain about whether the l or not you should go back to school, take a look at this helpful infographic by Fundera: