Getting an MBA before starting a company or directly starting a company?

[NotATether]

Getting an MBA is beneficial because it sets you apart from the rest of the pack.

Most of the reasons given inside the article are vaporware. With the exception of the networking one.

Truth is, you don't need an MBA to start a company. Anyone can do it. Just ask anyone in Peter Thiel's fellowship where they pay people to drop out of college. An MBA is more useful if you only want to be a mid-level manager or maybe some director or vice president.

[livingfree]

If you're for the business, no need for an MBA IMHO. But if you want to excel with the rankings in the academe or corporate, it's a ladder.

you don’t have to get a mba to read and learn if you have the will and desire then you can learn pretty much anything

The learning comes from experience with what we do and that's the same with business. Some get lucky that they find their success through their first tries.

But if we're going to speak the entirety of the whole circle of business, failure is the first step into success and look at the every successful businessman, they'll say the same thing. Having an MBA is like a bonus.

[slapper]

If you're for the business, no need for an MBA IMHO. But if you want to excel with the rankings in the academe or corporate, it's a ladder.

you don’t have to get a mba to read and learn if you have the will and desire then you can learn pretty much anything

The learning comes from experience with what we do and that's the same with business. Some get lucky that they find their success through their first tries.

But if we're going to speak the entirety of the whole circle of business, failure is the first step into success and look at the every successful businessman, they'll say the same thing. Having an MBA is like a bonus.

It's interesting that you don't think an MBA is necessary for business success, and I respect that point of view. But let us dig deeper: isn't schooling more than just a piece of paper? Yes, working in business is a great way to learn, but getting an MBA gives you a more organized way to learn about complicated ideas like finance, strategy, marketing, and so on. Mix of theory and real-life case studies, usually led by experts in the field. There must be some value in that. Believe it or not, schooling changes the way we think. You have to learn more than just how to run a business. You have to learn how to think differently about running a business. Doesn't the network you make while getting an MBA open up a lot of doors for you in the future? Also, wouldn't an MBA give you a more complete understanding of the business world, making it easier to travel through uncharted territory with confidence? Education does, in fact, enhance experience, which is priceless. Are we not valuing the larger view that MBAs offer when we brush them off?

[livingfree]

If you're for the business, no need for an MBA IMHO. But if you want to excel with the rankings in the academe or corporate, it's a ladder.

you don’t have to get a mba to read and learn if you have the will and desire then you can learn pretty much anything

The learning comes from experience with what we do and that's the same with business. Some get lucky that they find their success through their first tries.

But if we're going to speak the entirety of the whole circle of business, failure is the first step into success and look at the every successful businessman, they'll say the same thing. Having an MBA is like a bonus.

It's interesting that you don't think an MBA is necessary for business success, and I respect that point of view. But let us dig deeper: isn't schooling more than just a piece of paper? Yes, working in business is a great way to learn, but getting an MBA gives you a more organized way to learn about complicated ideas like finance, strategy, marketing, and so on. Mix of theory and real-life case studies, usually led by experts in the field. There must be some value in that. Believe it or not, schooling changes the way we think. You have to learn more than just how to run a business. You have to learn how to think differently about running a business. Doesn't the network you make while getting an MBA open up a lot of doors for you in the future? Also, wouldn't an MBA give you a more complete understanding of the business world, making it easier to travel through uncharted territory with confidence? Education does, in fact, enhance experience, which is priceless. Are we not valuing the larger view that MBAs offer when we brush them off?

I myself got a small business and never got an MBA but I know the principles that I am applying which I've learned some during my course in college but it's not related to business.

In school, it's all theoretical and while you do hustling in real life, that's where you learn more than what you're learning in school in a theoretical way.

You learn in school how to run a business but you're not confident with what you've got because you lack experience. But I like what you've said about having more connections on having an MBA. But if you get into the actual field, that's where you'll also meet more people if you are in actual business.

MBA is another level or next level in college but if you think that you've got enough with college and able to finish it, that's your choice but if you think that it's not enough for you to be better with what you're pursuing in business.

[Yogee]

Why don't we look at what people with actual businesses have to say about getting an MBA then becoming an entrepreneur or just starting a business without it.

https://www.sidehustlenation.com/get-an-mba-or-start-a-business/

@livingfree - you can read that article as well as a lot of them have similar view as yours. The best thing is that it's coming from people with real business experience and not just from theories.

My take on that is consider taking an MBA if someone is going to pay it for you. If it ain't free then it's probably better to put that money straight into business. If you're still not confident to start then find a cheaper alternative. One who completed MBA by taking a $40K loan have this to say,

...It was only after I completed my degree that I discovered many of the online teachers in the area of information products, digital marketing and passive income. Knowing what I know now, I could’ve spent about $5K on education in very specific areas to accomplish the goals I have now set for myself.

[livingfree]

Why don't we look at what people with actual businesses have to say about getting an MBA then becoming an entrepreneur or just starting a business without it.

https://www.sidehustlenation.com/get-an-mba-or-start-a-business/

@livingfree - you can read that article as well as a lot of them have similar view as yours. The best thing is that it's coming from people with real business experience and not just from theories.

My take on that is consider taking an MBA if someone is going to pay it for you. If it ain't free then it's probably better to put that money straight into business. If you're still not confident to start then find a cheaper alternative. One who completed MBA by taking a $40K loan have this to say,

...It was only after I completed my degree that I discovered many of the online teachers in the area of information products, digital marketing and passive income. Knowing what I know now, I could’ve spent about $5K on education in very specific areas to accomplish the goals I have now set for myself.

Thanks for that, I've read it and usually those that gets their MBA usually tells that their salary has increased, so there's no business in there but more of employment and that's what I am saying about the corporate ladder.

Anyway, different views and takes that are interesting that we've got. Those that values more their MBA, it's true that it's one of the greatest achievement one can take and it's not an easy path.

The same goes to the ones that goes directly in business and their failures and mistakes are their enrolment fees.

[jrrsparkles]

A degree without the knowledge is pretty much useless and will not help you in any way even to find a job so thinking about starting a business its no, no for me. But if you are already having a successful running company or something and you lack the knowledge about expanding it further that is when the degree wil practically useful but it can be done by hiring someone with the degree and extracting the information from them and the founder can concentrate on basic things while ensures the security of the business.

[hafiztalha]

A degree without the knowledge is pretty much useless and will not help you in any way even to find a job so thinking about starting a business its no, no for me. But if you are already having a successful running company or something and you lack the knowledge about expanding it further that is when the degree wil practically useful but it can be done by hiring someone with the degree and extracting the information from them and the founder can concentrate on basic things while ensures the security of the business.

Knowledge is great power and degree does not in practical life. I saw many people who made a company without  any degree and they became successful in their field. I also saw many people they are academic educated  but they are not able to build any computer and I saw people who have a degree of BBA but they are failed to get a job in good company. I saw many people who are academic educated and they also built their company and they achieved a huge success in World of business. Success depends on your interest in  your field
And someone who gets knowledge of something with interest become successful because degree is just a piece of paper that can't write your fate. Consistency in any field is  a key to success .

[jrrsparkles]

A degree without the knowledge is pretty much useless and will not help you in any way even to find a job so thinking about starting a business its no, no for me. But if you are already having a successful running company or something and you lack the knowledge about expanding it further that is when the degree wil practically useful but it can be done by hiring someone with the degree and extracting the information from them and the founder can concentrate on basic things while ensures the security of the business.

Knowledge is great power and degree does not in practical life. I saw many people who made a company without  any degree and they became successful in their field. I also saw many people they are academic educated  but they are not able to build any computer and I saw people who have a degree of BBA but they are failed to get a job in good company. I saw many people who are academic educated and they also built their company and they achieved a huge success in World of business. Success depends on your interest in  your field
And someone who gets knowledge of something with interest become successful because degree is just a piece of paper that can't write your fate. Consistency in any field is  a key to success .

A computer engineer doesn't know how to disassemble and assemble a PC but a random dude can do that just by watching 5 min video from youtube so the knowledge part is really lacking with the current education system. People who excel academically mostly end up in offices with few hundred thousand per annum and in rare cases, they touch six figures but people who do business be there with no degree at all but with all the knowledge needed.

[kentrolla]

A degree without the knowledge is pretty much useless and will not help you in any way even to find a job so thinking about starting a business its no, no for me. But if you are already having a successful running company or something and you lack the knowledge about expanding it further that is when the degree wil practically useful but it can be done by hiring someone with the degree and extracting the information from them and the founder can concentrate on basic things while ensures the security of the business.

Knowledge is great power and degree does not in practical life. I saw many people who made a company without  any degree and they became successful in their field. I also saw many people they are academic educated  but they are not able to build any computer and I saw people who have a degree of BBA but they are failed to get a job in good company. I saw many people who are academic educated and they also built their company and they achieved a huge success in World of business. Success depends on your interest in  your field
And someone who gets knowledge of something with interest become successful because degree is just a piece of paper that can't write your fate. Consistency in any field is  a key to success .

True, Skill is all that matters but for some growth gets hindered just because we are not graduated from top tier colleges because I have seen the difference in payout between MBA graduates from ordinary colleges and top tier colleges, top companies hires from top tier colleges. There shouldn't be any bias in our education system as same quality of education should be provided to everyone and skill should be considered. The stories you hear about college drop outs starting companies and becomes billionaire are just good for motivation but in real life it's different. 

[Litzki1990]

There is a big difference between starting a business directly and starting a business after working in a business for a long time. It will take a few months for a new trader to understand how to start, how to finish or how to control everything, but for someone who has previous business experience, it will not be difficult at all and he will be able to do all the business related tasks very easily. If a businessman studies business separately, his business skills will improve and he will be able to take better business decisions. We have now become traders who are not interested in reading about business for four years but dream of making big money by doing business for four years.

[DrBeer]

From personal experience - IBA is good, and it's helpful. That's a fact.
- Is it possible to start a business without an MBA degree? Yes, you can!
- Will your business be guaranteed to fail if you don't have an MBA degree ? No !
- Will your business get better after getting an MBA degree ? Probably !
- If you get an MBA degree and then start a business, will it be guaranteed to be successful ? No !

So MBA is not a panacea, it is a useful addition, which can save you time, nerves, money, and not to pass the "road of mistakes", or at least shorten the way along it !
 
In a word - it is desirable and recommended, but it is not necessary to get it before starting a business

[Albarq]

To get an MBA degree, it is very necessary before you start starting a business. The target for achieving business is a special degree for business and running it so that it is feasible and optimal when entering the world of work which is expected to start a company. It would be good if you had a background in the world of education along with your insight. Having experience is the best teacher to carry out an MBA degree, at least you have to expand yourself. By having this degree you are expected to be more advanced than those who don't have that degree.

[Renampun]

If you're for the business, no need for an MBA IMHO. But if you want to excel with the rankings in the academe or corporate, it's a ladder.

When you have good capital to start a business, an MBA degree is not needed, but when your business has started running, you need people with an MBA degree to work with you to build your business.

you don’t have to get a mba to read and learn if you have the will and desire then you can learn pretty much anything

The learning comes from experience with what we do and that's the same with business. Some get lucky that they find their success through their first tries.

But if we're going to speak the entirety of the whole circle of business, failure is the first step into success and look at the every successful businessman, they'll say the same thing. Having an MBA is like a bonus.

Failing and losing in business is a very normal thing, but failing and then quitting is stupidity, business is not easy, there are even people who have started a business for years but haven't succeeded either. The point is to be patient and confident in the business you enjoy doing.

[AVE5]

Honestly speaking, no one would be affordable to intentionally be engaged on any business areas that'd squander their funds but yet, most of the business venturers are ignorant to build solid knowledges that could effortlessly consist on solicitating to build their venturee with a solidly and contentious to main a long run without being crashed.
So I'd as well recommend the MBA program to be a reliable source by which one can actually acquire strong and efficient factors to structure and frame their avenues so they can always stay strong still to accountable progressiveness.
I'm also aware that even investors who're opportuned to the MBA has underrated it because they feels that it's either waste of time, energy and resources in going through the MBA while the can just have their funds invested and doing so well with the lay knowledge with them.

[angrybirdy]

Honestly speaking, no one would be affordable to intentionally be engaged on any business areas that'd squander their funds but yet, most of the business venturers are ignorant to build solid knowledges that could effortlessly consist on solicitating to build their venturee with a solidly and contentious to main a long run without being crashed.
So I'd as well recommend the MBA program to be a reliable source by which one can actually acquire strong and efficient factors to structure and frame their avenues so they can always stay strong still to accountable progressiveness.
I'm also aware that even investors who're opportuned to the MBA has underrated it because they feels that it's either waste of time, energy and resources in going through the MBA while the can just have their funds invested and doing so well with the lay knowledge with them.

I agree, having an MBA degree is very important especially if you're planning to expand your business venture. It is an investment to yourself because it will help you to hone your skills and to determine your ability to pursue your passion especially when it comes to business planning, it will help you to equip the process of processing complex issue ans practicing sound judgement in facing uncertainty  With that, it will guide you to provide with a better sense of how you can effectively lead within an organization.

[stomachgrowls]

Honestly speaking, no one would be affordable to intentionally be engaged on any business areas that'd squander their funds but yet, most of the business venturers are ignorant to build solid knowledges that could effortlessly consist on solicitating to build their venturee with a solidly and contentious to main a long run without being crashed.
So I'd as well recommend the MBA program to be a reliable source by which one can actually acquire strong and efficient factors to structure and frame their avenues so they can always stay strong still to accountable progressiveness.
I'm also aware that even investors who're opportuned to the MBA has underrated it because they feels that it's either waste of time, energy and resources in going through the MBA while the can just have their funds invested and doing so well with the lay knowledge with them.

I agree, having an MBA degree is very important especially if you're planning to expand your business venture. It is an investment to yourself because it will help you to hone your skills and to determine your ability to pursue your passion especially when it comes to business planning, it will help you to equip the process of processing complex issue ans practicing sound judgement in facing uncertainty  With that, it will guide you to provide with a better sense of how you can effectively lead within an organization.

Its recommended but its not something that all would really be that doing considering that it might be not that affordable to everyone or having the time that they could really be able to put it into.
Instead on going these kind of MBA or whatever that courses or seminars, they would really be rather be getting information into the internet and would really be that trying out to hear out others
experiences on which they would really be that not tending to get some MBA or whatsover since they could really be able to learnt it up and on the  time that they do gain up experience
then this is where they would really be making out adjustments and this is something that will really be that possibly they could be able to handle the situation.

When starting up a company then of course it would really be just that normal that you will really be needing to do the necessary steps for you to be able to handle up such
situation because having a business does require proper planning.

[Albarq]

To get an MBA degree, it is very necessary before you start starting a business. The for achieving business is a special degree for business and running it so that it is feasible and optimal when entering the world of work which is expected to start a company. It would be good if you had a background in the world of education along with your insight. Having experience is the best teacher to carry out an MBA degree, at least you have to expand yourself. By having this degree you are expected to be more advanced than those who don't have that degree.

[oktana]

It is generally better for you to know as much as possible before opening a company. Getting an MBA will definitely help you because you will learn various business concepts and techniques. The only advantage that there is with going straight into a company is that you will save yourself the stress and time and just go right into practice. But my advice is that one should be fully equipped so they can perform at maximum productivity.

[kotajikikox]

By having this degree you are expected to be more advanced than those who don't have that degree.

You still need to have at least a little background knowledge so a MBA would be extremely useful albeit it is not necessarily a requirement to build a company. I know lots of businessmen who did not have educational attainment but started a business and when their business grew they decided to go and study.

The point is if you have the chance to study then I say go for it but otherwise don’t be discouraged if you can not afford to have a degree.