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Why should I pursue college studies instead of starting a business ?

I want to rare chicken

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Subject: Career question for you

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John’s Answer

Tench, you are unsure about going to college or start a business. Have you ever raised an animal before, especially a chicken? When I worked as a food scientist at the University of Arkansas, I was located in the Center of Excellence for Poultry Science. Arkansas is home so some of the largest poultry companies in the country and protein companies in the world. The Center was housed in the John W. Tyson Building and the Tyson Foods headquarters is about 5 miles from campus. John W. Tyson was the founder of the company and he and his wife were killed in a car wreck. His son, Don Tyson was instrumental in expanding the poultry part of the company. His son, John Tyson is now Chairman of the Board and controls.

Most of the students in this department are there to learn how to raise chickens. Most of the faculty are nutritionists, geneticists, engineers, ag economists, but there were only 2 food scientists in the department.
Raising chickens, turkeys or the birds that lay eggs all require specific knowledge because they are not interchangeable. If you want to raise chickens, you should go to college to do it correctly or work for a farmer that is raising chickens and learn how to do it correctly or you will lose money doing it.
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Maximilian’s Answer

Hi,

first of all you need to understand what is important to you.
If it is financial security, time with your friends/family and a good work life balance I would say college studies.
If none of those are important to you, you can create your own business, because it will be very tough in the first few years.
Most likely you will work a lot in the beginning and will need to cut back on work-life balance and things you like to do if you want to succeeed.
Only if you found a good niche and start to be successful and hire people who do the job for you, you will have more freedom to do what you want and have more time.
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George’s Answer

Questions....
"Why?" A critical question to determine any path you might choose. Why are you thinking of college? Why business?
What's the "end-game"? ...for what purpose are you considering these different paths?
What career path? What kind of work would you do with a degree?
What kind of business? What do you already know about business? What do you need to know?

Education is essential... but education does not automatically equal "college" and a degree.
Have you talked with anyone to do an internship on any path you might want? Have you talked with a mentor?

Know yourself? What are your goals? ...passions? ...dreams? What do you value?

Research!!!
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Reema’s Answer

Deciding between pursuing college studies and starting a business, such as raising chickens, depends on your long-term goals and priorities. Here are some considerations to help you make an informed decision:

Pursuing College Studies
Knowledge and Skills: College provides structured learning and opportunities to gain knowledge in various fields, including business management, finance, marketing, and agriculture, which can be beneficial for running a successful chicken farming business.

Networking Opportunities: College offers chances to build a network of peers, professors, and professionals that can support your entrepreneurial endeavors through mentorship, partnerships, and connections.

Credibility and Credentials: Having a college degree can enhance your credibility with potential investors, partners, and customers. It demonstrates commitment, discipline, and a foundational understanding of business principles.

Career Opportunities: A college degree opens doors to a wider range of career options beyond entrepreneurship. It provides flexibility and a fallback plan if your business venture doesn’t go as planned.

Starting a Business (Raising Chickens)
Hands-On Experience: Entrepreneurship provides hands-on experience in running a business, dealing with challenges firsthand, and learning practical skills that may not be taught in a classroom.

Passion and Personal Fulfillment: If raising chickens aligns with your passion and goals, starting a business in this field can be personally fulfilling and allow you to pursue something you truly enjoy.

Potential for Independence: Running your own business offers autonomy and the opportunity to create something from scratch, potentially leading to financial independence and personal satisfaction.

Market Demand: Evaluate the market demand for locally raised chickens and poultry products in your area. A well-researched business plan can help determine the viability and potential profitability of your venture.

Ultimately, the decision depends on your personal aspirations, financial situation, and risk tolerance. You might also consider combining college studies with entrepreneurial pursuits by studying relevant subjects while starting your business on the side. This approach can provide a balanced foundation of knowledge, skills, and practical experience to support your long-term goals.
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