Comments on: What Should Be In An MBA For Entrepreneurs? http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs Inspiration, ideas and opportunities for your business! Wed, 17 Mar 2010 12:58:50 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Niquardo http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13683 Niquardo Fri, 25 Apr 2008 14:17:47 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13683 I agree with John. I'm of the belief that an MBA has little to offer an entrepreneur who is starting a business rather than becoming self-employed. If you are a self employed consultant then an MBA adds a lot of credibility, as people percieve someone with an MBA as intelligent and accomplished - But for someone starting a carboard box kiddy fort company from scratch tax planning and marketing stategies used by the world's largest companies with near unlimited funds is somewhat irrelevant. I agree with John. I’m of the belief that an MBA has little to offer an entrepreneur who is starting a business rather than becoming self-employed. If you are a self employed consultant then an MBA adds a lot of credibility, as people percieve someone with an MBA as intelligent and accomplished – But for someone starting a carboard box kiddy fort company from scratch tax planning and marketing stategies used by the world’s largest companies with near unlimited funds is somewhat irrelevant.

]]> By: John http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13183 John Tue, 15 Apr 2008 15:30:25 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13183 True and from my experience few entrepreneurs are likely to pursue an MBA anyway. True and from my experience few entrepreneurs are likely to pursue an MBA anyway.

]]> By: Paul Fileman http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13182 Paul Fileman Tue, 15 Apr 2008 15:23:53 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13182 John, If they cannot be taught on an MBA course, then people like me will continue to earn a good living!!! :-) John,
If they cannot be taught on an MBA course, then people like me will continue to earn a good living!!! :-)

]]> By: John http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13181 John Tue, 15 Apr 2008 15:15:41 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13181 Stephen, Good point, I'd like to read about some of the failures too. Boo Hoo is an interesting read for precisely that reason as it gives an insight into the failure of boo.com Paul, Valuable traits, but can they be taught on an MBA course? Stephen,

Good point, I’d like to read about some of the failures too. Boo Hoo is an interesting read for precisely that reason as it gives an insight into the failure of boo.com

Paul,

Valuable traits, but can they be taught on an MBA course?

]]> By: Paul Fileman http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13180 Paul Fileman Tue, 15 Apr 2008 15:09:28 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13180 2 things: Discipline and Consistency. Discipline: It is a sad fact that too many businesses fail to grasp the essential fact that long term success comes from being master of the basics. The basics include: understanding the market you are serving - all the time; winning new clients - even when you are busy; over-delivering to all your clients; being in control of your finances (invoices, cash collection, VAT, bank account, profit etc). The post on <a href = "http://www.businessopportunitiesandideas.com/692/mistakes-to-avoid-when-starting-a-consultancy" rel="nofollow">mistakes to avoid when starting a consultancy</a> covers some of this. Consistency - A lot of people try one thing once and do not get instant results, so they went on to the next (and the next and the next). 2 things: Discipline and Consistency. Discipline: It is a sad fact that too many businesses fail to grasp the essential fact that long term success comes from being master of the basics. The basics include: understanding the market you are serving – all the time; winning new clients – even when you are busy; over-delivering to all your clients; being in control of your finances (invoices, cash collection, VAT, bank account, profit etc). The post on mistakes to avoid when starting a consultancy covers some of this.
Consistency – A lot of people try one thing once and do not get instant results, so they went on to the next (and the next and the next).

]]> By: Stephen Davies http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs/comment-page-1#comment-13172 Stephen Davies Tue, 15 Apr 2008 07:48:58 +0000 http://www.businessopportunitiesandideas.com/695/what-should-be-in-an-mba-for-entrepreneurs#comment-13172 I am an entrepreneur and also quite well educated. I have often thought that a good course to teach at business school would be something like "the history of failure". By this I mean that case studies often look at successful businesses, but I believe that studying failure could also be instructive. It's easy to find books written by entrepreneurs and managers about how successful they are, but I believe that understanding how and why projects fail is just as important. I am an entrepreneur and also quite well educated. I have often thought that a good course to teach at business school would be something like “the history of failure”. By this I mean that case studies often look at successful businesses, but I believe that studying failure could also be instructive. It’s easy to find books written by entrepreneurs and managers about how successful they are, but I believe that understanding how and why projects fail is just as important.

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