No, I don't think you need it. If you feel you don't have enough knowledge about business and management, take some evening courses, or get MBA (Master's in Business Administration). That is more than enough for real business world. PhD in business is for those who wants to be a professor, and teach and do a research (lots of it).
all you need to start a business is to develop good enterpreneurship skills. you can develop this thro business courses, but they are best developed practically & apparently the only relevant business doctorate is the DBA- Doctor of business adminstration. it's more hands on than normal phds.
mm, am not disagreeing with you on the fact that people without degrees can make it in business. all am saying Fady is, educate yourself as much as you can. my granddad was a tycoon, his business empire started diminishing towards the end of his lifetime coz i would say of lack of management skills. we can all make money. whether we can manage it well is a totally different question.
mm, you're the most pessimistic and insecure person on this site. if life has been rough on you, don't think the rest of us are destined to be loosers like you. the way you think says a lot about you- you are intimidated by people who aim high. anyone following your advice is gonna go down the drain.
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