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Is an MBA worth it? (alien.top)

submitted 2 years 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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[–] Such_Cucumber1637@alien.top 1 points 2 years ago

Top 25 MBA school grad here, but I completed mine at age 40 after 20 years in business.

IT CHANGED MY LIFE.

Twenty years later, I retired at 60 as CEO with a huge payout for selling a company. I had been paid VERY well and the payout exceeded what I'd earned in my prior 43 years of employment, combined.

I could have NEVER done it without the concentrated download of knowledge I received during those two years. The network was nice, but led to more great friendships than business advantages.

A very determined individual could get the information by reading the right business books, one a week for two years, but you'd have no one to critique/correct you and smack your ears when your writing/presentation was garbage.

This would be great option for someone determined to always be self-employed, but my MBA degree caused SEVERAL employers to trust me just based on paper.

I'd estimate learning the same thing by on the job failure/learn/correct/repeat would take ten plus years and millions of dollars to cover your mistakes.