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Apr 19, 2003 2:03 pm |
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re: Does MBA help? |
Lorilyn Bailey
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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.
You do need to learn how to run a company, however. You can do that on your own or take classes. A recent issue of Entrepreneur magazine listed the top 100 colleges that offered entrepreneurial degrees. I've known people with MBAs who didn't know how to run companies. I assume the entrepreneurial programs are more hands-on and teach skills relating to starting up a company.
In some cities, there are special programs to help entrepreneurs as well. For example, in North Carolina, there is the Council for Entrepreneurial Development: http://www.cednc.org They offer something called "FastTrac" that rivals MBA classes.
You might also start with the Small Business Administration -- http://www.sba.gov -- for resources.
My company, SmallBusinessUniversity.com is building a curriculum, but it is still at its early stages. We should be launching in late spring/early summer, and we will be offering teleclasses from experts on topics related to small business operation and independent publishing.
If you want to ultimately start your own company, why not start now instead of later? Continue looking for employment, but simultaneously begin to build or make plans for your own venture.
Lorilyn Bailey SmallBusinessUniversity.com
> Yang Chung wrote: > Hi, > >Do you have an MBA degree? Did it help you? If so, how and in what area? > >I am an engineer who is trying to transition my career to technical marketing or business development with help of an MBA degree. I ultimate goal is to start my own company. I am trying to see whether getting an MBA degree would be worth it or not...... > >Any comments or suggestions would be greatly appreciated. > >Thank you!
Private Reply to Lorilyn Bailey (new win) |
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