To MBA or Not To MBA?

"Is an MBA necessary for entrepreneurial success?"

HereIn June 2006, an online publication called, "The Atlantic" published an article titled the "The Management Myth" by Matthew Stewart.  The opening sub-title to the article reads, "Most of management theory is inane, writes our correspondent, the founder of a consulting firm. If you want to succeed in business, don’t get an M.B.A. study philosophy instead."  The opening of the article delves into Mr. Stewart's educational background leading up to his professional experience, he writes, "I have a doctoral degree in philosophy—nineteenth-century German philosophy, to be precise. Before I took a job telling managers of large corporations things that they arguably should have known already, my work experience was limited to part-time gigs tutoring surly undergraduates in the ways of Hegel and Nietzsche and to a handful of summer jobs, mostly in the less appetizing ends of the fast-food industry. 

​The strange thing about my utter lack of education in management was that it didn’t seem to matter. As a principal and founding partner of a consulting firm that eventually grew to 600 employees, I interviewed, hired, and worked alongside hundreds of business-school graduates, and the impression I formed of the M.B.A. experience was that it involved taking two years out of your life and going deeply into debt, all for the sake of learning how to keep a straight face while using phrases like “out-of-the-box thinking,” “win-win situation,” and “core competencies.” 

​There is a clear divide and thus argument for and against; but what we all definitely agree on is that to be successful, you must start TODAY rather than tomorrow.  We must continue to build success no matter the challenges that come before us. We must continue to show empathy and appreciation for our team as well as clients/customers in order for our business model(s) to go viral and business to scale to the profitability. No amount of undergraduate studies or business management can instill those core competencies that are necessary to success. You simply launch; and through trial and error you learn and succeed.

​Here at MBA Philosophy we breakdown both choices. Click below and read more to develop an understanding of what is the right path for you.

TO MBA

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NOT TO MBA