A 26-year-old Glasgow man, who created a 1m business while studying at University, recently hit the headlines – not least as Kieran Coyle launched “Premiership Experience” not just alongside his degree studies, but also while pursuing a career as a professional footballer. The sports tour and events operator is now a global name, working with some of the biggest names in world sport.
In a media interview, Kieran described having his business idea and deciding to go for it, while using his business degree studies as “a safety net” %28.
So if you already have an idea for a new business venture, or all the attributes required for an entrepreneurial endeavour, why bother going to college to study Business, Accounting or Finance? Why would you need a safety net if you want to be your own boss?
The Best Business Degrees – Be prepared, and ready for change
The answer to that hinges on the fluid nature of the modern business world. When long-standing and well-respected companies file for bankruptcy like Toys R Us, there is a message there for anyone planning to start their own business.
Times – and consumer tastes – change.
One of the most important things to keep in mind when considering a business qualification at college, or top up degree, is that it will provide you with a general grounding in vital business skills and insights. Having a better understanding of the whole world of business will inevitably equip you better to cope with its more unpredictable aspects.
Though it may be tempting to focus entirely on the specifics of your business idea, you need to be ready to be versatile and responsive further down the line, changing things as you hit obstacles or uncover new opportunities.
Credibility and credentials
There is something else to keep in mind. Offering up business qualifications as proof of intent and insight does carry with it implied credibility.
A business degree may open more doors, more easily, than having to prove yourself from a “cold start”. It reassures potential investors that you have established firm foundations for your venture.
There is no shortage of good ideas for new business niches. However, there are few people with the personal attributes – and skills – to turn those into viable enterprises. Some of the biggest overnight sensations come from years of hard work and preparation. Some of that grounding can undoubtedly come from the college experience – another reason why a business degree could be seen as much a springboard as a safety net.
If you want to explore entrepreneurial opportunities and skills, then consider enrolling for a business degree at Mont Rose College in London. You may not have a million pound venture at 26, but you will certainly have a foundation for success.