U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Work and Employment
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-16-2013, 09:51 PM
 
160 posts, read 358,651 times
Reputation: 237

Advertisements

I want to open up a yarn shop or quilt shop but do you think i need a college degree to start?
Rate this post positively Reply With Quote Quick reply to this message

 
Old 10-16-2013, 09:57 PM
 
18,087 posts, read 16,514,959 times
Reputation: 25191
No, a degree is not at all needed for starting a business.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-16-2013, 09:59 PM
 
13,274 posts, read 11,277,009 times
Reputation: 35100
No you don't need a degree. You just need the proper information and guidance. Contact your local SCORE office or SBDC.

Link: Local Assistance | The U.S. Small Business Administration | SBA.gov

ETA: I crochet and I LOVE a good yarn shop. I used to live in NYC and Lion Brand has a huge store there. Check out their galleries: http://www.lionbrandyarnstudio.com/i...store-gallery/
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-16-2013, 10:13 PM
 
11,119 posts, read 20,128,695 times
Reputation: 23036
I guess that most people who own their own business don't have a business degree.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-16-2013, 10:16 PM
 
176 posts, read 554,051 times
Reputation: 303
I would guess that the majority of people with business degrees work for big business.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-16-2013, 10:48 PM
 
11,652 posts, read 16,870,449 times
Reputation: 17645
You do not need a business degree, but you do need to know how to run a business.

There are many aspect of a business that differs from a hobby. You have issues related to taxes, liability, vendor relations, accounting, marketing, etc., etc., etc. Add employees and that’s another load of whooparse on top of the other thing. The good news is there are many ways to learn the basic from hand holding by another business person to quick courses at the college or community center.

Just remember that no matter what your skill set is in relationship to the goods and services you offer, you still have to run a business. If you look at the SBA figures on new businesses, most fail. The most common reasons are lack of adequate startup finances to carry through, mistaken demand/need in area, and lack of knowledge in running an actual business. Address those 3 issues and your way ahead of most.

Good luck!
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-16-2013, 10:51 PM
 
24,497 posts, read 38,494,578 times
Reputation: 12883
As others have indicated, you don't need a business degree. You just need the ability to learn, and the ability to work hard. Nothing more... but a good idea really helps.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-17-2013, 10:09 AM
 
Location: Tigard, Oregon
863 posts, read 2,807,705 times
Reputation: 672
Quote:
Originally Posted by NJBest View Post
As others have indicated, you don't need a business degree. You just need the ability to learn, and the ability to work hard. Nothing more... but a good idea really helps.
AND have some good mentors in the areas where you need direction and support! Good Luck
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-17-2013, 10:32 AM
 
2,157 posts, read 3,038,386 times
Reputation: 2812
I know and have met people over the years who ran successful business and they never set foot in a college/university. But it is wise to do your research and know if there is a market for your item before you go and open a business. Know your competitors as well since you'll be competing with them for customers. See if you can find a mentor or look up if your town have some kind of business meetings, training for new entrepreneurs. Buy books and read up on how to start a business so you'll have somewhat of an idea how to approach it.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-17-2013, 05:04 PM
 
3,118 posts, read 4,893,091 times
Reputation: 2590
Thats kind of a stupid question. You just need to know a lot about the type of business you are opening. School is very general and probably wouldn't make much of any difference.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Work and Employment
Similar Threads

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top