Think
rationally, and answer what does an MBA teach you? It teaches you
practicality in situations; it teaches you techniques of communications,
it teaches new tools of business, practical skills to finding
solutions, and approaches to think of new innovations. It hones and fine
tunes the raw and edgy businessman in each of the above traits. A
careful look at these will make you realize that MBA is not a course
that is distant from human common sense and instincts. It bears close
resemblance to the curriculum of life in general and the adeptness with
which one operates the nitty-gritties of life. Thus, an MBA in India program is
not required for entrepreneurship except for the following reasons.
Comrade Research
Sometimes
having a partner to think with a group of people actively opining on
your thoughts can make huge difference to how your thinking can be
moulded. This camaraderie is available in an MBA class where like-minded
students assemble to research together, find news solutions, help
friends, learn from others’ experience and absorb the same. This
exposure is something that you just don’t get sitting in your family
business or the newly found business.
Guidance
If
you are lucky then you may find a mentor, a guide, who can trail you
around the techniques, the ups and the downs of business otherwise this
is one thing that you will be lacking without an MBA class. A good guide
to guide you through the entire process of starting the business,
indulging specific research, assessing consumer tastes, preferences and
also gauging the market sentiment of the product or service to be
launched makes all the difference.
Understanding Seriousness
This
is a fact, students, professionals or individuals in general get
affected more with the herd mentality. This is one reason why, when in
an MBA college students tend take things more seriously. On the
contrary, setting up the business along leads to facing issues alone
where one has higher chances of de-motivation vis-à-vis being
accompanied by someone who can be a stabilizing and motivating factor.
Concentration
This is a common complaint heard on behalf of many non-MBA entrepreneurs
who complaints about not being able to concentrate and set shop along
vis-à-vis someone who has done an MBA. There is no doubt that this is
true! The training and the honing of the skills makes one more adept to
move around organization and setting up issues faster than one who has
not practical edge over business and regulatory aspects.
As we would like to say, it is not necessary for a good entrepreneur to be an MBA but at the same time it is not surprising for a good entrepreneur to be an MBA.
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