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This story appears in the February 2005 issue of Entrepreneur. Subscribe »

In many professions, such as academics, medicine and accounting, continuing education is not only encouraged, but often required. How else, the reasoning goes, can anyone possibly keep up with new discoveries, strategies, laws and practices?

But when it comes to entrepreneurship, continuing education is all too often nonexistent. Once someone starts a business, there's frequently no time for or little interest in learning. In fact, some business owners wear their lack of education as a badge of honor--not, as the Seinfeld gang would say, that there's anything wrong with that. There are numerous enormously successful entrepreneurs who never went to college (Entrepreneur owner Peter Shea is one). But our 21st century world tends to move ahead at warp speed, and it's all too easy to get left behind.

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