Can You Start a Successful Business Without a College Degree?

By definition, an entrepreneur organizes, manages, and assumes the risks of a business or enterprise. So, where is it written that one must have a college degree in...

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Independent fitness trainers work under contract in clients’ homes or in country clubs, gyms, health clubs, hospitals, universities, or yoga and pilates studios. According to the Bureau of Labor Statistics, the demand for fitness trainers and instructors is expected to grow faster than the average for all occupations, by 24 percent, through the year 2020.

Although, depending on the discipline, some organizations may require contractors to have certain certifications or to have worked alongside an experienced trainer for some period of time, there is usually no degree required.


Acquiring an Existing Entity

If you aren’t interested in starting from scratch, author of The $10 Trillion Opportunity, Richard E. Jackim discusses the ins and outs of structuring a business for acquisition so that small business owners looking to sell their life’s work can recoup the equity they built within their organizations.

Conversely, for every successful small business owner looking to sell, there is another possible opportunity for you. The serious question becomes, how does one determine what to pay for the existing small business entity as a going concern?

If you are considering purchasing a going concern, find a reputable, local business broker to help. Additionally, draft a full business plan, marketing plan, and prospecting plan before undertaking any new or existing business.

Whatever business venture you choose, making smart business decisions always goes a long way.


10 More Business Opportunities for an Entrepreneur without a College Degree

Here are ten more small business opportunities for entrepreneurs who don’t have a college degree:

  1. Computer Repair and Maintenance Company – Certification Useful
  2. Home Inspection Service
  3. Home Organizing Service
  4. HVAC Service Company
  5. Lawn Care Service Firm
  6. Janitorial Service
  7. Real Estate Brokerage
  8. Independent Insurance Brokerage
  9. Personal Errand Service
  10. Virtual Administrative Assistant Service

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Christopher D. Bennett is a field technology and sales skills educator who has supported the office imaging industry since 1990 in dealership operations, consulting and sales training. Today, Bennett is a recognized small business adviser, breakout session leader, and keynote speaker for his company, Success Assured Seminars.

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