Entrepreneurs do better with college – studies

"People with little education who become successful entrepreneurs are few and far between," he says. "If you want to become a successful entrepreneur, your odds are much better if you graduate from high school and go on to college. Many studies show that better educated entrepreneurs have greater access to external capital, lower business failure rates, greater business sales and employment growth, and more profitable ventures.

"In fact," he adds, "the data show that the average startup founded by a college graduate has 25 percent greater sales than the average startup founded by a high school dropout, and the average startup founded by a person with a graduate degree has 40 percent greater sales than the average startup founded by a college graduate."

Nick Leiber, Bloomberg Businessweek

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