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Does MBA help?Views: 140
Apr 26, 2003 3:20 pm re: re: Does MBA help?
Alain Raynaud You nailed it perfectly.

Instead of investing your money into the tuition for an MBA, including 1 or 2 years of your life, put that money in incorporating your own startup.

This advice only applies if your true objective is to create your own startup in the future. If your objective is a good job in a Fortune 500 company, get the MBA instead.

What if you don't have an idea at the moment? Turn yourself into an angel: advertise the fact that you have $50K or whatever amount, available for investment, and start receiving business plan, sort through them, put the money in the one company you believe in, become the chairman of the company and assist the founder(s) for the first year of their venture.

I guarantee the experience you gain in doing that is perfect for your next startup. In the course of a year, you get to cover all possible positions: sales, marketing, support, HR, office manager, etc... It's a great way to learn if you are a hands-on person. But if you prefer case studies in classrooms, that's OK too.

Alain.


> Lorilyn Bailey wrote:
> Yang,
>
>I think an MBA may help you get a job in a corporation. It puts you ahead of the competition. But if you want to start your own company, an MBA is absolutely not necessary. You are better off investing the money in your own company that you'd spend on an MBA.

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