[60s]006 Do successful entrepreneurs all have good education?

When you think of successful entrepreneurs like Steve Jobs, Mark Zuckerberg, Rachael Ray and Oprah Winfrey, you might find their education are not such big deals. Are they outliers or do they reveal a link between education and success in entrepreneurship?

Researchers looked at data of workers from US and UK and found out entrepreneurs tend to be smarter than employees with similar education. In other words, employees usually have better education than entrepreneurs who are just as smart. Moreover, successful entrepreneurs end up making much more than just being an employee.

Why is that? Employers tend to judge their workers based on their education, especially when they're starting out and don't have much of a track record. So the smartest workers who know they are undervalued decide to start their own business to make the most out of their talents. And it does not just apply to the PhD founder of a science-based startup, but it works just as well for the immigrant running a food truck without a high school diploma.

If you are really talented and the system doesn't recognize your true potential, sometime the best move is to create your own system.