First, you my friend are going to have a mighty rough ride if you are thinking about competing against the new generation of software people coming down the pipe.
I do not know what advantage you think you have, but asking such basic and simple questions although not a crime, suggests you should not be the one owning the shop.
Hopefully you recognize that and put someone else in control because learning on the fly with investor money is a sure fire recipe for disaster. Unless you are funding the shop yourself.
The people I work with, never went to college. They are a new generation built upon Internet access. The are debt free. Free thinkers and horrifically skilled and on their second startup by the tender age of 23.
They are debt free, confident and not scared of failure.
More than a match for any CS program anywhere in the world. I would ask one of these young choppers to run the place.
That is if you can get enough respect from one of them by simply dangling your paper degrees in front of their faces to be the one they call boss.
Good luck, you are going to need it.