Armi, Inc.: Entrepreneurs Don't Need a College Education

    LITTLE ROCK, AR, July 23, 2016 /24-7PressRelease/ -- According to a paper by Harvard Business School economist Gareth Olds: "When college tuition fees rise, fewer people take the plunge into entrepreneurship." Olds found that in the U.S, a 10% increase in tuition fees corresponds with a 13.9% decrease in the number of college-age children who become self-employed. Another paper, published last year by researchers at Penn State and the Federal Reserve Bank of Philadelphia, found that the more students in debt from tuition fees the fewer number of new businesses opened in the U.S.

About Armi, Inc.: http://www.armiinc.com/about-us/

However, in light of these negative correlations, Armi, Inc. has revealed how they do not believe it is necessary for aspiring entrepreneurs to go to college. Here, the firm have highlighted several famous examples of entrepreneurs who never graduated:

Steve Jobs
The co-founder of Apple graduated from his High School but dropped out of Reed College as his family could barely afford the education fees. At the time of his death in 2011, Jobs' net worth was $11 billion.

Richard Branson
With a net worth of roughly $4.9 billion, the founder of Virgin Atlantic Airways, Virgin Records, Virgin Mobile and other Virgin brands, Richard Branson, never completed high school and dropped out at 16 years of age. Not only that but he is also dyslexic and had a track record of poor academic performance but he never let this stop him.

Michael Dell
The founder of Dell Computers has a net worth of nearly $20 billion. The entrepreneur attended the University of Texas but never graduated and dropped out to pursue the ideas for Dell that were formed in his college dorm room.

Rachel Ray
The cooking TV star, author and businesswoman never attended college, and doesn't have any formal training in the culinary arts. Her net worth is $60 million - pretty good for someone with no qualifications in the field she works in.

Armi, Inc. outlines how they help young people on their way to entrepreneurship by offering a unique business development opportunity. This allows them to offer hands on and educational experiences which lead to the development of new skills which can each be applied to an entrepreneurial situation. Armi, Inc. states that when looking for candidates for these opportunities they value passion, ambition, enthusiasm and attitude over experience and education. The firm highlights how experience and skill can always be taught, therefore they are confident natural attitude is more telling of a person's chances of reaching success.

Armi, Inc. is an outsourced sales and marketing firm based in North Little Rock. As direct marketing specialists the firm has the opportunity to connect with consumers on a face-to-face basis on behalf of their clients' brands. Armi, Inc. expresses how this one-to-one connection helps to establish long-lasting and personal business relationships between brand and consumer. This often leads to increased customer acquisition, brand awareness and brand loyalty for their clients.

Sources:
https://www.entrepreneur.com/article/249683
https://hbr.org/2016/07/research-want-more-entrepreneurs-make-college-cheaper

Armi, Inc. guarantee a high ROI for their clients. For more information Follow @ARMIInc_ on Twitter and Like them on Facebook.

# # #