Today sees the release of A-Level results across the country for the youths of Britain. Some may have already been excepted into their choice of University. Others are still unsure of what to do! So we ask… Is it better to get a University education or throw yourself into full time work? The debate is endless…
Here is some research concerning some of the UK’s wealthiest business people (Courtesy of Business Insider UK), did they go to University or set out to work at a young age?
Henry Keswick – runs the £29.8 billion Jardine Matheson conglomerate in Hong Kong, which invests and runs companies that span fast food, retail, property, and motoring –YES – Henry attended Eton College in Berkshire, later followed by Trinity College, Cambridge. He is most definitely university educated by some of the best schools in the world.
Philip Green – owns some of the most popular fashion retailers in Britain – NO – After leaving boarding school at 15, he worked for a shoe importer before travelling to the US, Europe and the Far East. It was on his return that he set up his first business with a £20,000 loan, importing jeans from the Far East to sell on to retailers in London.
James Dyson – Industrial designer Dyson invented the bag less vacuum cleaner
– YES – He spent one year at the Byam Shaw School of Art, and then studied furniture and Interior Design at the Royal College of Art before moving into engineering.
Denise Coates – Owner of betting website Bet365 and well-known entrepreneur in the betting game – YES – After finishing school, she studied at the University of Sheffield and trained as an accountant. Coates then went back to her father’s betting shops, and sold them off to Coral.
Mike Ashley – He owns a bargain clothing giant Sports Direct, worth £4 billion, and Premiership football club Newcastle United – NO – After leaving school at 16, he was a county level squash player. But after injury, he became a county-level squash coach. In the 1980s Ashley opened his first Sport and Ski shop in Maidenhead.
Richard Branson – He built his Virgin empire, which comprises of 400 companies, from the age of 16. His group now does everything from mobiles to banking to aviation and even, potentially, space travel – NO – Branson has dyslexia and had poor academic performance as a student, and on his last day at school, his headmaster, Robert Drayson, told him he would either end up in prison or become a millionaire
Tim Martin – Owner of the Wetherspoon public house chain – NO – The J D Wetherspoon name comes from one of Martin’s teachers in New Zealand who could not control his class and told Tim that he would never succeed in business.
Deborah Meaden – Best known for appearances on BBC 2 Dragons Den – YES – On leaving school when she was 16, Meaden studied business at Brighton Technical College, after which she worked as a sales-room model in a fashion house. After graduation, she moved to Italy at 19 and set up a glass and ceramics export agency, which sold products to retailers including Harvey Nichols.
To conclude, it does not matter if you go to University. Although education is important… hard work pips the post.
Therefore, for all leavers who did not receive their expected Grades or have simply opted out of University, do not worry. You can still make it… and Rotherwood can help!