4 ms·
I would say that for this particular crowd(hn) mba is one time waste of a degree. One can use the same amount of money to start a business instead of a MBA. By
by emirozer 11y ago
I would say that for this particular crowd(hn) mba is one time waste of a degree.
One can use the same amount of money to start a business instead of a MBA. By doing this, at worst case, you will lose the MBA money but gain far valuable information + experience compared to a degree.
Although i guess one big trade-off is that its far more stressful :)
- tluyben2 11y agoI guess that depends on where the MBA is from? Here (EU) some of my friends have a MBA from one of the well known business schools; they didn't learn much outside drinking a lot and playing poker, but the contacts they got from it help them making money doing hardly anything (compared to what I do anyway).
- bane 11y agoMy anecdotal experience so far is that it seems to hurt in early-stage startups. But it can be helpful in more established companies. I've worked with quite a few MBAs in both environments and it's usually been pretty painful in the small startups. In one case, I worked at a small startup with a VP with an MBA and a CEO without. The CEO was brought in to pivot the company, and for the first couple years it was going really well - from -15% growth to +30-40%. He ended up getting rid of the VP for all the kinds of reasons MBAs don't do well in this kind of company. But then the CEO decided to go get his MBA, and a year into it started making really terrible typical MBA style "let's squeeze blood from this stone" decisions and the company was vapor within a year.