A lot of undergraduates in India dream of becoming a successful Entrepreneurs. But dropping out from a College for becoming an “Entrepreneur” is not a good thing. I agree, Life is too short. But you need to have a good educational background if you want to live that Life which you have imagined as an Entrepreneur.
Education & Money Matters:
A professional course is that which helps your ideas to get into a perfect shape. You can communicate with people confidently and make perfect decisions. So a degree is must unless you have a very sound financial background. I don’t mean that you don’t need to study if you are financially sound. But having a good Educational background is helps a lot, You can be very confident of things you do. And the most memorable College Days don’t come again. If you don’t have a good educational qualification you may need to consult others for making decisions.
So a DEGREE is Must!
Coming to Work experience, unless you are passing out from a Tier I professional college, you need to have a minimum work experience of 1 year. Because if you work in a reputed company, you get to used to corporate environment. This helps you a lot in managing your Startup like being Professional, Making decisions, Working Procedures, Hiring etc etc,.
There are many people who believed in their dreams and they are successful today, But things don’t go smooth in every startup, So incase if your startup fails and you are running into debts, You would try to get back to a good job. If you have work experience, you can get back to job. So you need to have atleast 1 year work experience as a backup. If you have work experience you can take risks and manage things and be confident.
You may refer these suggestions from some of the successful Entrepreneurs before taking a strong decision: