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I entered in Executive MBA program after financially recovering from two failed startups. Sorely disappointed with program and thinking of dropping out. From my
by akg_67 15y ago
I entered in Executive MBA program after financially recovering from two failed startups. Sorely disappointed with program and thinking of dropping out. From my viewpoint,
1. What are the root causes leading to business schools failing at the education of entrepreneurship?
Most MBA programs do not have start-up teaching strategy. Most have one or two courses typically at the tail end of the program and a course requirement of a business plan. They need to have eship in program DNA.
IMO,a better approach may be to help form teams of students with entrepreneurial mindset and personal compatibility after first couple of quarters of the program. As the program progresses, have them focus on their startup in every course. For example, during accounting course for team projects, have these teams evaluate public companies in their target market, during marketing course, have them come up with marketing plan for their start-up, during HR/organization courses, have them come up with the culture and structure plan at a milestone in their startup growth. Every MBA coursework is an opportunity to work on different aspects of a startup.
I believe Steve Blank's recent experiment at Stanford is closest to my thinking what should happen in eship portion of MBA. 10-13 week course may work for another app/web 2.0 creation but most high technology startups require months of planning and that is where MBA program can work and should focus.