{"id":7989,"date":"2024-09-17T19:40:47","date_gmt":"2024-09-17T23:40:47","guid":{"rendered":"https:\/\/pagely-test.frontdoor.godaddy.com\/ventureforward\/?p=7989"},"modified":"2024-09-19T21:01:08","modified_gmt":"2024-09-20T01:01:08","slug":"entrepreneurship-doesnt-require-4-year-degree-says-godaddy","status":"publish","type":"post","link":"https:\/\/www.godaddy.com\/research\/entrepreneurship-doesnt-require-4-year-degree-says-godaddy\/","title":{"rendered":"Entrepreneurship doesn\u2019t require four-year degree, says GoDaddy"},"content":{"rendered":"\n

The big fact<\/strong><\/h4>\n\n\n\n

A four-year degree isn’t required for successful entrepreneurship. GoDaddy Venture Forward data shows that microbusiness owners with a college degree and those without contribute similar amounts of income to their household.<\/p>\n\n\n\n

Digging deeper<\/strong><\/h4>\n\n\n\n

A significant portion of microbusiness owners without a college degree make a six-figure income, regardless of gender. Over one-third (34%) of women without a college degree and almost half of men (47%) without one make over $100k pre-tax from their microbusiness.<\/p>\n\n\n\n

Degrees are down, entrepreneurship is up<\/strong><\/h4>\n\n\n\n

Fewer people are earning degrees these days, but entrepreneurship is increasing. Since 2019, 8% less men and 2% less women are earning degrees. At the same time, the number of self-employed Americans rose .7% from 2019 to 2022, according to Harvard Business Review<\/a>.<\/p>\n\n\n\n

Moreover, those with college degrees may be more corporate-minded and less entrepreneurial according to <\/a>The New York Times<\/a>. This is also reflected in Venture Forward data, which suggests that women without a college degree may be more entrepreneurial. <\/p>\n\n\n\n