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Is an MBA worth it? (alien.top)

submitted 1 year ago by Future_Court_9169@alien.top to c/entrepreneur@indiehackers.space

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I am thinking of going into business and would like to get an MBA. I have 8 years of experience writing software professionally and a background in CS. My goal is to learn about business, running them, scaling them, raising money, etc.

Will getting an MBA help me achieve this goal?

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[–] LopsidedAd2536@alien.top 1 points 1 year ago (1 children)

I have an MBA from a top 30 school with a major in entrepreneurship. At the time, I was surrounded with people who weren’t going anywhere in life and I thought this was the best way to immerse myself with like minded people who wanted to get ahead in life.

I did make great connections and I now owe $170k in student loans. I think the better route would have been a hub or pod of other entrepreneurs in some of those collaboration spaces I have seen.

I certainly didn’t learn enough at college to justify the $170k, but the networking aspect was great. However, a collab space would have been even more valuable. Hands on is the best way to learn in my opinion, and going to an office everyday and seeing other entrepreneurs all working on their own ventures would be very exciting.

I now own my own media company and we are closing out year one with an expected $750k in revenue so I suppose it worked out either way.

[–] RossDCurrie@alien.top 1 points 1 year ago

At the time, I was surrounded with people who weren’t going anywhere in life and I thought this was the best way to immerse myself with like minded people who wanted to get ahead in life.

Mine was ranked in the economist's top 60 global and I found that too... There weren't really people that were passionate about business there, just mid level people that needed a management qualification to move to the next corporate/govt pay tier