Degree = Credibility
A degree will help enormously giving you a leg up, as it means you can absorb structured learning, work in teams, be self-sufficient and produce work on time in an environment with your peers and get a benchmarkable proof you have some professional credibility.. It also is shown over numerous studies to pay you back in overall remuneration over your working life of several hundred thousand extra dollars than the cost of your education.
No degree means you have to work your way up, over time. it doesn't mean you are a moron, buta degree is the foundation of almost any Professional Credibility - CEO's without are few and far between.