Many people in the business world can rattle off a list of well-known, highly successful dropouts: Richard Branson, Bill Gates and Steve Jobs among them. But many people also believe those entrepreneurs are the few exceptions to a rule that requires an extensive business background to maximize chances of success.
Certain studies back up that assumption too. According to one, 84% of businesses started by MBA graduates are still operating after three years, which may make many aspiring entrepreneurs think they need an MBA to succeed. But is that really true?
