One of the Best Degrees for Business Owners to Get

best degrees
June 20, 2016

~by Lizzie Weakley~

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Entrepreneurs are always looking for ways to better their businesses and maximize profits. It can be as simple as learning skills that will not only help you in management but also in marketing and design. One of the best degrees for business owners to attain centers on applying psychological principles to everyday life and business. A degree in applied psychology will improve profits, make designs much more likely to succeed, and maximize the organization and ultimate value of a company.

best degrees - applied psychology

Human Resource

When it comes to recruitment, training and retention of employees, a mastery of the application of psychological principles is indispensable. When building a team of employees, personality and work ethic matters. A degree in applied psychology requires meaningful experience providing personality tests and a working knowledge of how those personalities work together. For example, the DiSC personality profiles provide employers with meaningful ways of using employee strengths and matching them to certain teams and tasks. Having an applied psychology degree allows employers to circumvent potential pitfalls and maximize productivity by using personality profiles and learned empirical interventions. Hiring the right people, creating the right teams and retaining the best employees are all critical for growing a successful business.

Research and Development

All business depends upon its consumers. Psychologists understand that all good product design is dependent upon its usability. Psychologist and engineer Doctor Don Norman shows the world just how important the ability to see the psychology of everyday things is in the world of business. His book, The Design of Everyday Things, has inspired successful entrepreneurs such as Steve Jobs. Human-centered design is the future, and every good entrepreneur has the ability to tweak the inspiration they find into something that fits the majority of the population. A master’s of applied psychology online can provide a strong foundational knowledge of the population and an understanding of the fallacies and nuances that people exhibit. Much like a magician uses sleight of hand and distraction to trick his audience into believing what he wants them to believe, businessmen and women can use these basic psychological tenets to help create meaningful design for their products and businesses.


So whether you already own your own business, plan on starting a business, or are hoping to become a leader in your industry, a degree in applied psychology serves a multitude of areas and increases your potential in every area. Many companies are hiring people with a background in psychology because they are aware of the importance of having someone with this knowledge base and experience applying it.
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Meet the Author: Lizzie Weakley

Lizzie WeakleyLizzie is a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. In her free time, she enjoys the outdoors and long walks in the park with her 3-year-old husky, Snowball.

Connect with Lizzie:

  • Twitter: @LizzieWeakley
  • Facebook: facebook.com/lizzie.weakley

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How to Give Your Employees More Choices in Benefits

As a business leader, you understand the value of empowering your team with choices that suit their unique needs. This philosophy can extend to the realm of employee benefits, where providing more options can enhance job satisfaction and loyalty. Here’s how you can...

How to Reduce the Burden of Healthcare Costs in Retirement

How to Reduce the Burden of Healthcare Costs in Retirement

Planning for retirement involves more than just financial considerations; it also requires thoughtful preparation for healthcare expenses. As you transition into your golden years, managing healthcare costs becomes crucial for maintaining financial stability and...

How to Avoid Delays When Delivering to Customers

How to Avoid Delays When Delivering to Customers

In today's competitive business landscape, delivering products to customers on time is not just a courtesy; it's a necessity. Delays in delivery can lead to dissatisfaction and harm a company’s reputation, especially for female entrepreneurs who are striving to build...

Work Remotely Without Working from Home

Work Remotely Without Working from Home

Working from home offers a unique blend of comfort and convenience, creating a workspace that is both personal and professional. Your home becomes a versatile canvas where productivity meets comfort, and your creativity flourishes in familiar surroundings. From the cozy corner of your living room to a dedicated home office, the possibilities are endless. With the freedom to choose your workspace, you can design an environment that suits your workflow, whether it’s the tranquility of a quiet room or the vibrant energy of a sunlit nook. Working from home provides the flexibility to customize your surroundings, making it the ideal place to turn your aspirations into accomplishments.

Why You Need to Avoid Overworking Yourself

Why You Need to Avoid Overworking Yourself

The demanding landscape of entrepreneurship often celebrates burning the midnight oil as a pathway to success. While hard work is undeniably critical, overworking oneself can lead to adverse effects that are often overlooked in the hustle to meet deadlines and...