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Apr29
Do Entrepreneurship and Education Go Hand In Hand?
According to a study quoted in Sharon McLoone's column at the washingtonpost.com, women entrepreneurs have more education than other women who work.

I'm not sure what's causing the statistics, although I did look at the overview of the Small Businesss Administration report that the statistics are from.

Could it be possible that the flexible hours that go along with self-employment make it easier for women to pursue advanced degrees?
Graduating.jpg

In my personal experience, I know of several freelancing colleagues who are running a home business and pursuing a degree at the same time. Since they can set their own hours, it's easy to work their schedule around taking classes.

On the hand, could it be that getting an advanced education better prepares women for starting a business?

In my own situation, that was certainly the case. I got my degree and then worked for others for many years before striking out on my own. As a home business owner, I find myself constantly going back to principles that I was taught in college.

What do you think? Is there a relationship beteen self-employment and higher education? Or, do you think the statistics are a coincidence?

Leave a comment and let us know.

Image Source: www.sxc.hu


4 Comments/Trackbacks




I think a degree or working towards one jsut proves that you can jump through the hoops. However, those hoops will sharpen your ability to keep up with the demands of a business. The tax ramifications alone in the US will send you to the looney bin if you try to keep up with it on your own.

Interesting thought, Laura. I bet there's a lot of other reasons hidden in that report, although I'm not sure if there's enough for any positive conclusions.

Maybe the entrepreneurial spirit awakened the desire for "more", and an advanced degree was perceived as the gateway to that higher level? That's what happened to me. Once I realized I wanted to get into consulting, the higher degrees became a must.

Advanced degrees are all about motivation. Without it, it's just too hard.

I have a sound theory - women who pursued career paths are finding the patriarchal workplace less than desirable for parenting.

They are "opting out" but don't want to abandon everything they've worked for and become economically dependent, but they want flexibile hours and telecommuting and everything the traditional workplace is refusing to offer them.

So, the next logical step is to work for themselves and start their own business.

Wow!

What well-thought out responses.

I love this discussion - Keep it going...

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