Nowadays, education is one of the essential foundations in our higher life. Many people go to university to continue their studies after secondary education, because most of them believe that going to university can guarantee them a good future. Furthermore, most companies prefer their employees with college degrees rather than those without degrees to move the companies forward and succeed. Meanwhile some people prefer to study based on their real experiences rather than study in class to start their own business. This essay will consider that the university degree is essential to running a successful business in terms of general knowledge and specific skills and can also create professional connections to support students in the future. On the other hand, work experiences can make the business prosperous. However, some students consider both a degree and experience to be successful in their business. One of the main advantages of the university qualification is that graduates can gain more knowledge which can make them more understanding. The university provides general knowledge and untouchable skills to students to prepare for doing business. According to Waters (2012), 'It is true that a good college education can confer some intangible benefits. It can sharpen your ability to think clearly.' Furthermore, the university also provides special skills to students, such as economics lessons. According to Toren (2011), students can learn the basics of entrepreneurship in universities corresponding to undergraduate programs. Therefore the university can provide general knowledge and other business-related lessons for graduates to start doing business more profitably. Professional connections are another advantage to tertiary education. Some students... middle of paper... lips of the people he met in Kenya during his volunteering. As a result, some people can start doing business due to their experience or environment during university and lead to a successful business. In conclusion, university can provide general knowledge and specific skills related to business. Therefore, graduates may know how to start doing business. Additionally, college students can also make contacts to help and support them in the future to make their business successful. However, during university studies, students should acquire some practical skills and also learn from real experience during university studies. Students can also start doing business and studying at the same time. Therefore, to be successful in business, people need knowledge, some practical skills and professional connections to start doing business.