This will remind you of that scene in Back to School when Rodney Dangerfield schools the business professor on real life.

The Captain Capitalism blog reports.

Only 1/3 of “Entrepreneurship Professors” Ever Started Companies

I quit my research early only after 31 data points.

And the reason I quit my research early is, frankly, because “I have shit to do.” I run a real business, that no matter how obscure, has paying clients unlike today’s topic – “Entrepreneurship Professors.”
And since I don’t have the time to prophecize, theorize, and pontificate all day to naive 20 year olds, I decided 31 datapoints was enough, as it was time to move on with my day.

In short I took the time to scratch a curiosity itch I’ve had for quite some time:

Precisely what percentage of entrepreneurship professors have experience starting and running a business?

I knew the whole concept of an entrepreneurship degree was flawed (because you get a degree to get hired by an employer – the antithesis of entrepreneurship). And I also knew most professors are scam artists who could never work it in the real world, and thus sell worthless, over priced pieces of paper to naive millennials. But there was also a piece of me who theorized there MUST be some old timer who retired, made their millions, and just wanted to share their experience to help young, budding entreprenuers.

Oh, foolish Cappy. You had an idealistic thought didn’t you?

The truth is 66% of the “entrepreneurship professors'” resumes I searched had NO experience in being entrepreneurs. The vast majority of them, like all their professor brethren, were the epitome of “those who can’t do, teach.” Merely bystanders, spectators, studiers-of, and observers of real entrepreneurs in the real world making real change. Simply the marching band who lacked the talent, skill, and work ethic required to make it on the football team.