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29 Jul 2011, 14:44
Kudos
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You don't need an MBA to be a successful entrepreneur (see: Bill Gates, Mark Zuckerberg, and I'm sure a ton of others who are less famous). What the MBA will provide you with is a thorough grounding in all aspects of business beyond your existing marketing skills (finance, operations, accounting), which you will need to put together a compelling business plan to secure financing for your business, not to mention to run your business. Also, it will allow you to tap into a network of other successful entrepreneurs and supporters of entrepreneurs (such as VCs) that will help support you as you launch your business.
29 Jul 2011, 21:13
Kudos
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I can only comment on my own person journey.
I think the MBA was worth it's weight in gold. The $100K in tuition was a STEAL.
However, I have a very specific background and future goals. I was on the R&D side and moved to the commercial side. I moved from a job with diminishing future prospects to an area with huge opportunities.
The best I can offer is to do your homework. Talk to people who have done what you want to do and ask the right questions.
RF
I think the MBA was worth it's weight in gold. The $100K in tuition was a STEAL.
However, I have a very specific background and future goals. I was on the R&D side and moved to the commercial side. I moved from a job with diminishing future prospects to an area with huge opportunities.
The best I can offer is to do your homework. Talk to people who have done what you want to do and ask the right questions.
RF
07 Nov 2011, 17:16
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Bookmarks
Jerz
You don't need an MBA to be a successful entrepreneur (see: Bill Gates, Mark Zuckerberg, and I'm sure a ton of others who are less famous). What the MBA will provide you with is a thorough grounding in all aspects of business beyond your existing marketing skills (finance, operations, accounting), which you will need to put together a compelling business plan to secure financing for your business, not to mention to run your business. Also, it will allow you to tap into a network of other successful entrepreneurs and supporters of entrepreneurs (such as VCs) that will help support you as you launch your business.
Agreed. There's no better place to launch a new business than b-school (professors can advise, students help and provide sound feedback, alum help with industry and investment introductions, etc.).
