Business Experience Verses Business Education

Many years ago I had a friend who was extremelyschool, and tells him that is the way a business should
intelligent, had a photographic memory, and finishedbe run.
university with top marks in business administration.The Employer's reaction:
He had all the credentials to get a great job.The Employer looks at him and says: I can see you
Sounds good for the most part, wouldn't you say!!are a very bright boy who has studied hard at school
Maybe even a nice boy who you would want toand learned everything about business. The question I
marry your daughter!! Shortly after finishing school hehave to ask is, if I am doing business wrong ... how
landed a job working for the owner of this largecome I have been in business for 30 years , never
company, whose business did millions a year infinished high school, supported my family, sent my
revenue.kids to university. The difference with experience is
The person he worked for was old world, very littleyou do not always believe what you read!!! You need
formal business education, and built a wonderfulto use your gut sometimes to know what is really
business from scratch. He was shrewd person withright. I thank you for the education, but if it is all the
tons of business experience under his belt. Aftersame to you, I would like to continue the way I have
working there awhile my friend decides that he canbeen.
really make a difference in this man's business.My opinion
Here is what he actually did:I am a firm believer in education especially if you are
He goes into the employer's office and asks if hegoing to be a doctor, a lawyer, or even a business
could speak with him, the man says sure. He startsperson. When people study to become a doctor they
explaining that the way he is running the business ismust intern to get the practical experience needed to
wrong. He enlightens him by reciting certainpractice. Business is very different and can not be
paragraphs out of the text books he studied atlearned strictly through books and exercises.