What's the education of an entrepreneur? That is a question I have explored a few times in the past. Chad Moutray of the SBA Office of Advocacy has just written an interesting paper that looks at the empirical data on what college means for self-employed people.
According to the study, if you did one or more of the following in college, you are more likely to be working for yourself as an entrepreneur than working for somebody else:
- majored in something outside of the hard sciences (engineering, math, chemistry, biology, etc.);
- tended to be a "jack-of-all-trades"—taking many different courses, but not mastering any;
- did not go on to graduate school;
- had a lower GPA than your peers who ended up working in the nonprofit and government sectors.
We shouldn't make too-sweeping statements about entrepreneurs based on this study—it looks at the survey results of college graduates from just one year—1993—and then periodically tracks their job progress over the next 10 years.
But I'd be interested to know if these results match the experiences of you self-employed people out there. For example—do entrepreneurs tend to not be "math people"?