Sunday, March 6, 2011

4 Reasons an MBA Is Bad for Entrepreneurs


I don’t think entrepreneurship can be taught.


In fact, the list of entrepreneurs who dropped out of school reads like a who’s who of company builders: Bill Gates, Richard Branson, Larry Ellison, Paul Allen (Microsoft), Sean Parker (Napster, Facebook), Walt Disney, Mary Kay Ash (Mary K), Coco Chanel (Chanel), Barry Diller, Simon Cowell, Michael Dell, Henry Ford and Steve Jobs are just a few of the Spicoli-esque educated.


I think not only is getting an MBA a waste of money and two years of your life; it may also, in fact, reduce your chances of building a successful business. Here are four reasons why:

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