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Entrepreneurs, forget about going to Chicago Booth for an MBA if you want to be an entrepreneur. You should be solving problems and learning business developme
by say_it_as_it_is 7y ago
Entrepreneurs, forget about going to Chicago Booth for an MBA if you want to be an entrepreneur. You should be solving problems and learning business development and management by doing. These people have nothing special to teach you but will put you $175,000 in student loan debt. Instead, take loans from friends and family or find angel investors to raise funds that will pay developers to build your mvp. Don't outsource to an offshore development center in Bangalore. Use technology that won't just validate your idea but will help you achieve your goals.
- asdfman123 7y agoYou can use your MBA to get hired onto promising startups sloshing around with billions of dollars of Saudi royalty money, though.
- dgb23 7y agoIt might be confirmation bias but some of the best leaders I've encountered were (ex-) craftsmen, engineers, creatives... and the greatest ones have a mindset of 'serving' their employees, firm and clients. They enable others.
- legohorizons 7y agoMBAs are getting underrated in the startup sphere. It's better if you are rich, but certainly valuable. The HBS/GSB/Wharton network alone is worth it. But yes, the opportunity cost is super high. Either way, if you're going to be an entrepreneur you'll figure out a way. https://www8.gsb.columbia.edu/articles/lang-upload/launching-startup-mba-debt https://www8.gsb.columbia.edu/articles/lang-upload/launching...