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  • Do MBAs make better entrepreneurs?

    Kaustubh Katdare

    Administrator

    Updated: Oct 23, 2024
    Views: 1.1K
    One of the discussion topics given to us, when I was a student:

    Do MBAs make better entrepreneurs?

    Your take?
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    Replies
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Replies

  • safwan

    Member • Aug 28, 2009

    I feel If you dont have any knowledge of business then you have to go for it .😀. but for Some students like their parents are already in business so they get their children experience and student it self get knowledge about business so for those kind of students they dont go for MBA.

    well, here qestion was do MBA make better entrepreneurs ?

    being commerce student I support MBA but if you have already skills they their are no limits in business without MBA also you can become best entrepreneur. But modern study's lets student or a person to do his / her business with current trend , Yes again for already working persons they might have this skills.:sshhh:
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  • silverscorpion

    Member • Aug 28, 2009

    MBA is not necessary for anyone to become an entrepreneur. Examples are aplenty. Many major entrepreneurs to the likes of Bil Gates, Steve Jobs, Branson, Dell etc, idnt go through a regular management education.

    They learnt management as it came..

    But if you think what would have happened had they studied management, things become interesting.

    I couldn't decide between if their entrepreneurial skills would have been honed and if they wouldn't have become an entrepreneur at all..


    So, my choice would be, MBA's need not necessarily make better entrepreneurs. But in some cases, they do, too.
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  • blacrobous

    Member • Aug 30, 2009

    well i dont think MBA is required for someone to become a good entrepreneur. MBA just teaches someone to use and extract resources a bit effectively and think in a wider perspective about the market. For some fields of engineering and entrepreneur is not an MBA guy but they run their companies effectively but for some companies which have public issues shares and stuff a guy who has done MBA would be prefferable to be the entrepreneur.
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  • Mr.Don

    Member • Sep 2, 2009

    A Good Engineer can do things better than a MBA student but it has its own value.
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  • blacrobous

    Member • Sep 6, 2009

    dileep k
    A Good Engineer can do things better than a MBA student but it has its own value.
    true 😛 or else MBA would be considered useless
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  • Prasad Ajinkya

    Member • Sep 17, 2009

    I don't think MBA's make better entrepreneurs (believe me I am one wanting to be the other 😀 )

    In b-schools, you are taught some of the following things -

    * A company is for profit maximization of its share holders
    * Facts and figures are paramount for making a proper decision
    * The more the clarity, the better is the function

    Somehow these concepts get morphed into functional and idiotic thinking. That's why managers are "so popular" among their juniors.

    I don't think entrepreneurs look at their businesses in the same light. They take decisions on the fly ... in my experience, I have seen very few MBA's who can do that.
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  • safwan

    Member • Sep 18, 2009

    I remember story of recession posted my I think mayur pathak or somebody else ( sorry i dont have link now ) . Where a MBA student guide his dad to reduce employees in recession but actually it was prevention .

    My second point as Kiddaka said Entrepreneurs they take decisions and fly exactly they stuck to their idea and MBA student will let the thinking of person idiotic and hell be more thinking in demerits then merits.
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