Ivy Covered Halls Vs. Street Smarts
Slightly more than half of entrepreneurs studied business in school, with 40% earning a bachelor's degree and 11.6% going for an MBA, according to a recent American Express poll. But the vast majority say they learned the most useful lessons at Hard Knocks U. Only 16.6% say that a formal education was their primary source of knowledge about starting and running a business. Of course, that's not to say they couldn't use a few more lessons: Most admit to weakness in at least one area of finance.
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