'Nothing to lose': why we sacrificed education for serial success

Starting in their teens or early 20s, the fearlessness of youth has helped these entrepreneurs launch enterprises that are worth millions

Do you need a degree to run a string of businesses? Research by Coutts and the Centre for Entrepreneurs suggests the level of an entrepreneur’s education is inversely related to the number and turnover of the businesses they start.

Among those surveyed in the research, those that had a bachelor’s degree or above had started 2.7 businesses on average. For those with a lower qualification or no qualification at all, the average number of businesses started was 3.5. Meanwhile, a higher proportion of the non-university educated were running businesses with a turnover greater than £1m (34%) compared to the university educated (18%).

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Source: Guardian