masters or none?

i'm pondering whether to take masters. taking it would mean another year to study in australia. or equivalent in singapore(but singapore universities rather prefer applicants with minimum 2years' job experience)... it would also means spending more money from my parents which isn't exactly cheap(i feel the heartpain too, being miserly and all)... and i'm eager to start working. earning my livelihood, getting pissed at work.

the consideration to go ahead with studying masters is mostly because of my parents. they didn't want me to regret not studying further. partly because of my brother. he was bypassed for a promotion because some rookie with better qualifications showed up. my parents don't want that happening to me. but my brother took Electronic Engineering.

there is also the question of necessity for such high qualifications. in this field of IT, unless a person is working for an MNC, personally i don't see much point of getting too many papers. call me a daydreamer but i certainly wouldn't want to be stuck at an office job working for others for long. i wish to be my own boss, at least having a say in the direction of the business. feeling a better sense of accomplishment. the risk will be there, but no pain no gain from my perspective.

let's just say i want to be greedy. and eventually, i hope to open my own cyber cafe. hosting websites in the backend server farm. plus web solutions development. then take a step even greedier. consider eCommerce and eBusiness!

pros of further study

• advantage with promotions in corporate environment
• better recognised qualifications
• gain more knowledge before starting work
  

cons of further study

• spend more $
• slow to market
• time spent studying
• necessity in my field of knowledge

opinions anyone? i'm intending to tell my dad and see what he says. discussing it with him as soon as he comes online.