I am constantly thinking of ways to make money around my home town, anything from simply shoveling driveways with friends to selling products for others. I would like to own my own restaurant one day, but i always have thoughts about doing something else in the business field. I don't know whether i should go to school for business or just not go to school at all and start gaining experience in small business ownership.
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Very good question,
I recommend that you pursue further education related to business and management. It is there where you will learn the trends and failures of many business present and past. Granted, some of this countries most successful companies have started out of a garage or someone having an idea and running with it. I do know that education is never a waste of time. By just going to school for a semester or a year you will A. meet other people with the same ideas or better ones, B. get your name and ideas promoted to the community around you, and C. Maybe realize that you have a passion for something bigger or better?
I also recommend that you go out into your local community and politely ask if you can shadow a small business for a day or two. By doing this, you will immediately know if you naturally have the skill set required to run a business. Perhaps, you may need some time in school to learn how to manage a company, or run a business?
You have to weigh the risk vs. the benefit. There is a very large risk you take in opening a small business with minimal education or experience.
Think about this. You go to college you invest $30,000 to learn from broke people who don't own a business. Or you find mentors, coaches, and those that can help you and you invest $30,000 in yourself to learn from people who have success in the areas you want to be successful.
I think you can go to school perhaps and also go into business. Really, you could take small business courses at a Jr. College-I did this and found it quite helpful. To start a small business you do not need to go to college, although it could help you with a breadth of knowledge. But many people start businesses without going to college. You need to find a "niche"-something no one else has done in order to make a go of it. I will tell you one thing-I read that it is getting harder to get a business going on the Internet, so I would try something locally. I hope this helps. Let me know if I can help you further! Chandra