Blue
Red
Green
Orange
Voilet
Slate
Dark
Threads

6,061

Messages

90,940

Members

5,715

Latest member

mahi220

Is it advisable to pursue a higher education while managing a business?

Kennysplash

Expert Chef
Joined
Dec 29, 2020
Messages
408
Reaction score
6
Points
18
BizNotes
18,870.00
I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
 

Erik4150

Verified Poster
Joined
Dec 19, 2020
Messages
834
Reaction score
22
Points
18
BizNotes
35,530.00
Obviously he cannot pursue higher education now until he finds a suitable manager to handle his business while he goes to college. So he should keep searching until he finds one. But if it's possible to manage the business and attend school then he should try it. Many young entrepreneurs shuffle between their business and some other engagements. Your friend's case is not strange.
 

Donkiz

Verified Poster
Joined
Dec 19, 2020
Messages
513
Reaction score
13
Points
18
BizNotes
23,750.00
I don't think it's the right time for him to start schooling, because that will amount to him abandoning his business, the best thing is for him to try and get someone that is good and trustworthy enough to manage the business in his absence, because I believe that he intends to sponsor himself through school with the proceeds from the business.
 

Patrik

Verified Poster
Joined
Apr 19, 2020
Messages
686
Reaction score
14
Points
18
BizNotes
30,740.00
yes why not, the higher you are educated, the better chances you have in anything you want to do or planning to do, we even had a teacher in high school that was teaching us and preparing for his PHD in mathetmatics and he got it!
 

Eamodu

Verified Poster
Joined
Dec 31, 2020
Messages
89
Reaction score
0
Points
6
BizNotes
3,900.00
I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
Yes you can. But you will need to find a way to balance it so that your business,or higher education will not suffer. Both require attention. I will advise you get someone to help manage the business,while you go after higher education. That way you can focus on one at a time m
Post automatically merged:

I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
Yes you can. But you will need to find a way to balance it so that your business,or higher education will not suffer. Both require attention. I will advise you get someone to help manage the business,while you go after higher education. That way you can focus on one at a time .
Post automatically merged:

I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
Yes you can. But you will need to find a way to balance it so that your business,or higher education will not suffer. Both require attention. I will advise you get someone to help manage the business,while you go after higher education. That way you can focus on one at a time .
 

Ralphjoe

Verified Poster
Joined
Dec 15, 2020
Messages
1,271
Reaction score
91
Points
2,048
Location
Nigeria
BizNotes
26,754.00
The kind of business that he started is the type that needs attention all the time, so it's a good idea for him to find either a sales person to help him sell or find someone to help him manage the business. A salesman should be the best option for him, and I will advice him to get a family member to help him sell because it's quite hard to get trustworthy person to manage a business that the owner won't be around most of the time.
 

Jonaville

Verified Poster
Joined
Dec 23, 2020
Messages
234
Reaction score
12
Points
1,018
BizNotes
12,600.00
Abandoning his apparently booming business to pursue higher education is a bad idea. The way you put it, he is already established in the business, so opting out should be out of the question. He can wait till he sees a trustworthy person, it better still, invite a member of his family who he can trust fully to take over. That's his best choice.
 

joy101

Verified Poster
Joined
Nov 27, 2020
Messages
536
Reaction score
7
Points
18
BizNotes
21,950.00
For sure, it is possible to pursue higher education while managing business, you have to create chance for yourself in order for you to manage the two properly, because everything in these world is by planing, when you plan yourself very well you are going to handle it well.
 

Kinglegend01

Verified Poster
Joined
Dec 28, 2020
Messages
567
Reaction score
6
Points
18
BizNotes
12,287.00
Yes I would advice him to continue schooling while managing his business since he is obviously doing well there. You mentioned his trouble of getting a reliable person to manage the business in his absence. I think he should be patient and defer his schooling till he is able to get an honest person.
 

Pousinha

Verified Poster
Joined
Nov 25, 2020
Messages
146
Reaction score
15
Points
18
Location
Brazil
Website
www.youtube.com
BizNotes
10,280.00
Does he count with a realible 100% online university option? If so and if the course he goes to choose is not so demanding, maybe he can run alone his business while studying. But he needs to know in advance if the course he goes to choose has really a total 100% online options (no compulsory stages that end up stealing him many hours per day, no too many academic writings).
I'm currently a micro-entrepreneur, no employees, and I'm in a postgraduate course. In my case I was in need to drastically reduce my tasks because my course is hard and demanding, in spite of being 100% online.
 

Kamon c4

Verified Poster
Joined
Nov 14, 2020
Messages
1,186
Reaction score
43
Points
48
Location
Nigeria
BizNotes
8,470.00
This is a bit complicated. Trust is s very important thing to consider business. Employing a manager is like handling over your life to the person.i wouldn’t suggest he commences his higher education now. Right now he needs to focus on finding a good manager for his business.
 

Sincerem

Verified Poster
Joined
Nov 13, 2020
Messages
3,575
Reaction score
322
Points
83
Age
18
Location
Nigeria
Website
www.golivenews24.wordpress.com
BizNotes
54,878.00
He can still decide to manage it to himself and go part time school and not full-time. Maybe during his exams he can call one of his siblings for assistant. I believe that they will help him to manage the business cos he needs achieve exam success too.
 

Ridorz

Verified Poster
Joined
Dec 16, 2020
Messages
743
Reaction score
10
Points
18
BizNotes
30,228.00
It's very possible to pursue high education when running business, but I can see that your friend matter is very complicated, because it's not advisable to Lea a business for Who is not trustworthy. Your friend has to find someone that helps be managing the shop whenever he's not around. Or your friend should enroll for part-time program.
 

Sariana23

Verified Poster
Joined
Nov 1, 2020
Messages
1,351
Reaction score
162
Points
63
Location
Venezuela
BizNotes
32,388.00
If your friend's business is booming. Your friend must look for some options or schedules, that help him not to postpone his university studies. You can adjust the hours and days in the company, with online or offline classes, in such a way that you do not leave the business in unreliable hands and you can follow their university activities.
 

Kennysplash

Expert Chef
Joined
Dec 29, 2020
Messages
408
Reaction score
6
Points
18
BizNotes
18,870.00
Obviously he cannot pursue higher education now until he finds a suitable manager to handle his business while he goes to college. So he should keep searching until he finds one. But if it's possible to manage the business and attend school then he should try it. Many young entrepreneurs shuffle between their business and some other engagements. Your friend's case is not strange.
I don't think it is easy to do that kind of business and still attend school. We all know how university education can be demanding, and he has not gotten someone faithful to stay at his shop while he is at school. Just a few hours away from his business can do a lot of damage.
Post automatically merged:

He can still decide to manage it to himself and go part time school and not full-time. Maybe during his exams he can call one of his siblings for assistant. I believe that they will help him to manage the business cos he needs achieve exam success too.
Yes, we have tried the siblings option too, but it is still the same story. They are all aiming for their pockets, it is what I personally experienced. I wonder why it is so hard to find honest people around again.
 

Gilead

Verified Poster
Joined
Dec 25, 2020
Messages
210
Reaction score
3
Points
18
Location
Lagos
BizNotes
12,690.00
If it's just for showcasing..then no I wouldn't advise such. I can only recommend you extend your acedemics if it will only benefit your business and not just for the sake of owning another degree or whatever.
 

Kennysplash

Expert Chef
Joined
Dec 29, 2020
Messages
408
Reaction score
6
Points
18
BizNotes
18,870.00
Exactly my opinion too. He is planning to finance his education from the proceeds of his business, so he needs to overlook it well and trust who is going to handle it. Starting a business is not easy these days, so when one gets one he should do everything in his power to keep it.
This is a bit complicated. Trust is s very important thing to consider business. Employing a manager is like handling over your life to the person.i wouldn’t suggest he commences his higher education now. Right now he needs to focus on finding a good manager for his business.
Post automatically merged:

The kind of business that he started is the type that needs attention all the time, so it's a good idea for him to find either a sales person to help him sell or find someone to help him manage the business. A salesman should be the best option for him, and I will advice him to get a family member to help him sell because it's quite hard to get trustworthy person to manage a business that the owner won't be around most of the time.
Exactly my thoughts too. He needs to be around most of the time to see how it's going. We know how university education can be time consuming. As for family member, he has tried that and there was no difference. Hopefully he will soon get the right person.
 

Rollerkid

Verified Poster
Joined
Dec 17, 2020
Messages
800
Reaction score
26
Points
28
BizNotes
31,080.00
I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
Well, if he really need to level up his education status then I think he should find a trusted family member to handle the business for him. However, if he thinks none of them are trustworthy, I suggest he should close the business and reopen once he finishes his education but with this there's a chance of losing customers.
 

Rimsha kanwal

Verified Poster
Joined
Jan 3, 2021
Messages
198
Reaction score
4
Points
18
BizNotes
5,450.00
yes why not, the higher you are educated, the better chances you have in anything you want to do or planning to do, we even had a teacher in high school that was teaching us and preparing for his PHD in mathetmatics and he got it!
Surely i would say yes.. Because if you've a lot of interest in studies and you've to must earn for that its will be good to manage them at same time.its never hard to Give your proper time at business and study.
 

Bilal0087

Verified Poster
Joined
Dec 18, 2020
Messages
632
Reaction score
13
Points
18
BizNotes
22,510.00
I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
I think for the business management experience matters more than just education, because if a person have experience to deal with customers and clients then he could run business in better way from a educated person without any skill or experience.
 
Top Bottom