by Lance Cody-Valdez

When you think of a successful entrepreneur, chances are you picture someone like Mark Zuckerberg or Bill Gates. What do they have in common? They’re both college dropouts! So, if you’re thinking about starting your own business but don’t have a degree, don’t worry—you’re in good company. Here are ten tips from entrepreneur and business mentor Elijah Medge on how to become a successful entrepreneur without a degree.

1. Create a Strong Business Plan

The first step to starting any business is to write a business plan. This document will outline your business goals, strategies, and how you plan on achieving them. A business plan is essential for any entrepreneur, regardless of education level.

2. Find the Right Business Type for You

There are many different types of businesses out there, so it’s important to find the one that’s right for you. Are you interested in starting a brick-and-mortar store or an online business? Do you want to be the sole proprietor or have partners? Answering these questions will help you narrow down your options and find the right fit.

3. Find Sources of Funding

One of the biggest hurdles for any new business is funding. If you don’t have the personal finances to invest in your venture, you’ll need to look into other options like small business loans or crowdfunding. There are also many government programs available to help entrepreneurs get their businesses off the ground.

4. Choose the Best Technology

Technology is a vital part of any modern business. But with so many options out there, it can be hard to know where to start. Fortunately, there are plenty of resources available to help you choose the right technology for your business. Doing your research and consulting with experts will ensure that you make the best choices for your specific needs.


You’ll also want to be strategic about how you design your webpage. Your layout and content will vary depending on the type of business you choose to start. If, for example, you start an interior design firm, this page deserves a look. You’ll notice an emphasis on showing along with telling, which allows the businesses to present pictures of the designs they have done. Make strategic choices like this one that reflect your business and overall goals.

5. Find Opportunities to Build Practical Experience

No matter what type of business you want to start, gaining practical experience is essential. If possible, try to get a job in a similar field or shadow someone who already owns their own business. This will give you valuable insight that can help you when it comes time to start your own venture.

6. Keep Your Files Tidy and Organized

As your business grows, so will the amount of paperwork and files you need to keep track of. That’s why it’s important to have a system in place for organizing all your documents. This will save you time and frustration down the road when you need to find something specific.

7. Find a Mentor

Trying to go it alone can be tough, especially if you’re new to entrepreneurship. That’s why working with a mentor can be such an invaluable experience. A mentor can provide guidance, advice, and support when you need it most—and they can also introduce you to valuable connections within your industry. You can also connect with business mentor Elijah Medge. He focused on goal setting and time management practices that will help you move your business forward.

8. Stay Up-to-Date on Industry Trends

One of the best ways to stay ahead of the competition is by staying up-to-date on industry trends. This means reading trade publications, attending conferences, and networking with other professionals. By keeping up with the latest trends, you’ll be able to position your business for success.

9. Don’t Be Afraid To Fail

Failure is inevitable in business—but that doesn’t mean it’s not painful. The important thing is to learn from your mistakes and use them as an opportunity to grow.

10. Persevere Despite Setbacks

Starting a business is never easy, but it’s especially challenging if you don’t have a degree. However, don’t let that discourage you! Every entrepreneur, college-educated or not, has faced adversity in their career, but they continued on to success. When you think you’re losing steam, push that much harder.

Have Confidence to Start Your Business

Starting something new can be scary, especially when you feel like you aren’t qualified. But having a degree isn’t a prerequisite for being a successful entrepreneur. Using these ten tips will help get you on the right track. And some guidance from mentors and professionals will help you to sharpen your skills as your business grows. So don’t be afraid to take the leap!


Photo Credit: Antoni Shkraba via Pexels