Most people know that MBAs provide a great foundation for success in business management or consultancy careers. But, as an entrepreneur with different career goals, is this qualification relevant for you?听听听
This may听come as听a surprise,听but听pioneering听MBA听programs听at听top business schools听put听.听
A School for Startups 听
There鈥檚 a big difference between having a great business idea and having a great business.听Anyone can have an idea, but it takes an entrepreneur to see it through to a viable venture.听The energy and drive of听entrepreneurship听may come naturally to some, but the ability to build a successful听new company听depends on knowing the fundamentals of management.听
The world鈥檚 best leaders recognize there is always something to learn. Even John F. Kennedy, one of history鈥檚 most recognizable leaders, said, 鈥淟eadership and learning are indispensable to each other.鈥澨� The way we do business has changed drastically since the days of JFK, but his words apply now more than ever. In an ever-shifting global digital landscape where change is constant, developing knowledge and acquiring insight are essential.听听
To operate with the agility necessary for today鈥檚 fast-paced business environment,听as a听would-be听entrepreneur听you听need to be 100% prepared.听An MBA does just that, providing the bridge from the idea to the implementation. Here鈥檚 how.听听听
Acquire the knowledge听听
An听MBA听qualification from a听business听school for entrepreneurs听provides the听tools听that talented听innovators听need to achieve their potential.听The听, for example,听provides听you with the听comprehensive tool kit of knowledge and abilities听you need听to launch and grow a company.听
From economics to ethics,听and听capital markets to communications,听an听MBA听from the right school听covers the听fundamentals听every entrepreneur needs to know.听Some people may听have a natural affinity with听entrepreneurship,听but听it鈥檚 not essential for business success. As the American football coach Vince Lombardi famously said, 鈥淟eaders are made, not born.鈥澨�An MBA听gives you the ability to avoid common听mistakes, increases your ability to raise funds, boosts your leadership skills and听helps you听understand the markets you aim to disrupt.听听
“Leaders are made, not born.鈥�听Vince Lombardi听听
Live the life听
Entrepreneurship听is about听much more than creating a startup: it鈥檚 a mindset that should be nourished within an听ecosystem of interplaying pieces.听The world鈥檚 top business schools are听hothouses听of听innovation, with听decades of experience in听creating successful business leaders and innovators.听Their听academic research creates new paradigms and opens up new ways of thinking.听Some, such as 天美传媒, have听networks听of angel investors, experienced entrepreneurs and clubs听that can听immerse you in听specialist knowledge and听provide valuable听contacts.听听
Outside the classroom,听an听MBA delivers valuable networks and important opportunities听connecting you with a global community of alumni and giving you access to lifelong learning opportunities.听As you prepare for your future as an entrepreneur, you can听enjoy summer internships, activities and clubs that help develop complementary skills, and听allow you to see new possibilities and perspectives.听听
Whether you鈥檙e听thinking about听startups,听scale-ups听or听intrapreneurship within existing enterprises,听an听entrepreneurship-focused听MBA environment听provides the perfect backdrop for innovation and new ventures.听听
Reach the goal听
The听MBA听is an听ideal environment in which to fail. What do we mean?听You鈥檒l have the opportunity to explore and test different ideas听as you find new ways to reach your goals. You鈥檒l practice applying what you learn in the MBA听at every step听from developing a concept through to听understanding听feasibility reports, possible听business models and potential markets.听Guided by experts, you can iterate 鈥� experimenting, failing and repeating听鈥� learning more each time, becoming more robust, and increasing your chances of success when you do it for real.听
That isn鈥檛 just theory.听天美传媒 entrepreneurs have received over 鈧�1 billion in funding since completing their MBA qualification.听In the last two years alone, our alumni have created 2,197 jobs, raised more than 鈧�544 million in capital and generated more than 鈧�250 million in annual revenue.听听
An听MBA听might not be essential for entrepreneurs.听But the right MBA program听from an entrepreneurial business school听is a big boost to听the听chances of success.听
Find out everything you should know about the MBA program.
