What is the most important factor Education or experience ?

[Sotherefore]

When trying to set up a business a lot of things are to be put in place for a business to run perfectly and if these things are not properly arranged to suits into the demands of a modern business organisation , the business may not likely runs perfectly as it should .

Sometimes an entrepreneur who is really interested to start up a business might not be able to decide the most important factors to consider when managing a business.

A lot of people can be able to manage a business based on their past experiences , Now using this method it is believed an entrepreneur can be able to manage a business to achieved success based on what they know , what if these people are able to manage this business based on experience without having educational background , will they succeed ?

Also at the same time a lot of people runs a business based on their educational background , Here they believe that they can be able to manage a business profitably based on what they have learnt from school. Using this factor an entrepreneur may be able to manage a business professionally but may lacks the required experience about the business ,

The question now is , if we are to consider between experience and education which one is the most important factors to consider when managing or handling a modern business ? Let's hear your opinions .

 

[eldavis]

Experience matters alot and I think it's the most important factor needed for every business. Even when applying for jobs they are always searching for does who have some years of experience irrespective of their educational qualifications.
Education is important but experience needs to back it as well, the school does not teach us everything. There are things we would need to see for ourselves to learn.

 

[kayode10]

Both education and experience are very important if you want to succeed in any venture either online or offline. Evaluate educational experience before you can make excessive cash with any business you choose.

These are the fundamental things you need to know before you start any business. It is called three E's, that is Education, Experience and Excessive cash in that order.

You need to first acquire education about the business you want to do. This can be done in different aspects. You can buy a course on the business. You can go for seminar. You can even schedule a one-on-one training with an expert.

It will take you years of trial and error to get the right way of doing the business provided you have strength to withstand lot of failures on the way. Learning from expert is the fastest way of learning anything because you are going to receive the right guidance.

The problem with most people is at once they are acquired the education about the business. They want to skip the experience and jump straight to excessive cash. You want to making money the first day on the business and things don't usually be in this way.

This is the reason why majority of them give up and feel entirely on the business and later claim that nothing works for them.

 

[Augusta]

To be frsnk the two you have mentioned are very important when it comes to having a profitable business but if you want the most outstanding one then experience does it better. In everything we need to achieve one will do it better with experience. This is for a fact because experience is the best teacher What you have learned might not really be helpful like the experience you have had You have experienced it already so to a great extent you would be able to know which will work very well for you. Unlike one that just learn and might not know if the theory learned will match with the reality on ground
For me if I am to advise anyone fhat wants to go into a new thing. I will suggest to the person to acquire experience from starting small and learning in the process to avoid into a huge pit starting out big. The truth remains that the huge way you begin a thing the huge loss you may experience to because you didn't about the pitfalls of what you went into

Final word is that one should get education but get experience along side it because you would need it more.

 

[Ayuba Ernest]

There is no easy answer when it comes to the question of education or experience. Both are important, and it often depends on the specific situation. Education is important for teaching people the basics and giving them a strong foundation. Experience is important for giving people practical knowledge and helping them apply what they have learned.


Education is necessary for teaching people the theories and concepts they need to know. Experience is necessary for teaching people the practical applications they need to know. In most cases, it is best to have a combination of education and experience. This helps people learn the basics, as well as how to apply what they have learned. Secondly, it often depends on the specific situation. If someone is looking to get a job in a specific field, it is important to have the appropriate level of education and experience. However, if someone is looking to learn more about a subject, education is more important than experience.

 

[Mika]

How do you gain experience? By working. How can you work, or let's say how do you get work? Through education. Therefore, education is more important than experience. Education means you build your knowledge and skills. You can work only when you have knowledge and skills, if you do not have knowledge and skills, there will be no work opportunities for you. If you don't work, how can you gain experience? Whether you want to excel in your personal life or professional life, you need education. You need money to keep your family happy, you can make money only when you have an education. Education is the basis of livelihood. If you don't have an education, you will end up becoming a blue collar worker doing menial jobs. Well, there s nothing wrong on doing manual labor but you need to understand one thing, if you do menial jobs you have limited income.

 

[anil02]

Experience and education both are important to run a business. If a person who is not from business family than getting job for experience in not possible if one have not required qualification. But if some one is from business back ground family that it is easy for them to get experience in family business, But some basic education is much for any business which is of techniqual nature like software development and any other type that education is must

 

[Sikapa]

All I want to ask is what is education and what is experience? There are many ways of which one can define education. We have formal education which takes place in schools where one has to dress as a student and have a teacher. We also have informal education which also takes place in our community and homes. Therefore which form of education are you talking about? I can also say experience is also form education

They say experience is the best teacher and therefore I can tell you that we take lessons from experience. The most reason why people succeed in business is they learn from their mistakes and that lessons makes them successful. Both education and experience are needed in business and hence one can combine the two to achieve greater result.

 

[Suba]

If your discussion focuses only on an entrepreneur, then he must have traits and talents such as profit oriented, have the courage or not be afraid to lose, strong motivation, discipline, high work ethic and full of enthusiasm, can make the right decisions, have a leadership spirit, dare to speak in public, Willingness to learn both through books and courses, seminars etc. If we pay attention to the criteria that an entrepreneur must possess, it is not necessarily owned by someone who is highly educated or has a master's degree. So you can determine for yourself which experience or education is better for entrepreneurs.

 

[anil02]

What education we need to doing a business and to do a job is differ. No doubt for doing business informal education and it is better to say it experience is important. But in old days it was enough to have informal education to do business, But now it is time of technology and with having knowledge of it business is some tough. But for doing job we must have required formal education.