No I dont think that one needs to get higher education in order to manage a business. Once you have the skills you can manage the business . People may have higher education but cannot manage a business because they lack experience
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I don't think so in my opinion you should get higher education first and then develop business or you need to hire very good manager but they are often expensiveI 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?
Doing two things like this at the time will definitely put a lot of stress on you. It is either you concentrate in one and achieve it first before moving to the next one.
Student can only be able to manage online business that they have to do on spare time and not the physical business that will require a physical and daily attention everyday.There are many people who tend to manage many different things and they study and work as well. This is why they work in the night and study in the day and most of them are students.
I will suggest that the business should be given to people who can manage it perfectly while you concentrate on your school. Managing a business while schooling might lead to a lot of stress and serious lack of concentration.
Since education can also play important role in business expansion then pursuing academic qualification is absolutely necessary , but how should it be done that your business and your schooling won't be affected at the same time ?Higher-education can certainly help you to expand your business. you may need to be educated in order to market your business to educated people.
Pursing a higher education for having a better academic qualifications is good for the future but should not forced because some people dont have the ability of concentration when they have divided attention