Myth: You Need a Business Degree to Run a Successful Online Business

There’s a misconception that running an online business requires formal business education, discouraging some from pursuing entrepreneurship.

Many successful online entrepreneurs have no formal business training but learn through hands-on experience, mentorship, and self-education. Online resources, courses, and industry insights provide practical knowledge for business management, marketing, and finance. Developing skills in digital marketing, customer relations, and content creation can make up for a lack of a business degree. A willingness to learn, adapt, and seek feedback drives online business success. Practical experience and continuous learning matter more than formal qualifications in today’s online business environment.