{"id":2665,"date":"2021-02-18T09:57:39","date_gmt":"2021-02-18T09:57:39","guid":{"rendered":"https:\/\/www.iese.edu\/standout\/?p=2665"},"modified":"2024-03-04T10:01:42","modified_gmt":"2024-03-04T10:01:42","slug":"mba-for-entrepreneurs","status":"publish","type":"post","link":"https:\/\/www.iese.edu\/standout\/mba-for-entrepreneurs\/","title":{"rendered":"How an MBA can help entrepreneurs"},"content":{"rendered":"

[vc_row css=”.vc_custom_1559140963143{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column css=”.vc_custom_1559216895048{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css_animation=”bottom-to-top”]Most people know that MBAs provide a great foundation for success in business management or consultancy careers. But<\/span>, as an entrepreneur with different career goals, is th<\/strong><\/span>is qualification relevant for you<\/strong>?\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

This may\u00a0<\/span>come as\u00a0<\/span>a surprise<\/span>,\u00a0<\/span>but\u00a0<\/span>pioneering\u00a0<\/span>MBA<\/span>\u00a0programs<\/span>\u00a0<\/span>at\u00a0<\/span>top business schools\u00a0<\/span>put\u00a0<\/span>entrepreneurship<\/span>\u00a0at the heart of the\u00a0<\/span>curriculum<\/span><\/a>.<\/span>\u00a0<\/span><\/p>\n

A School for Startups <\/span><\/b>\u00a0<\/span><\/h2>\n

There\u2019s a big difference between having a great business idea and having a great business.\u00a0<\/span>Anyone can have an idea, but it takes an entrepreneur to see it through to a viable venture<\/span><\/b>.<\/span><\/b>\u00a0<\/span>The energy and drive of\u00a0<\/span>entrepreneurship<\/span>\u00a0<\/span>may come naturally to some, but the ability to build a successful\u00a0<\/span>new company<\/span>\u00a0depends on knowing the fundamentals of management.<\/span>\u00a0<\/span><\/p>\n

The world\u2019s best leaders recognize there is always something to learn.<\/span><\/b> Even John F. Kennedy, one of history\u2019s most recognizable leaders, said, \u201cLeadership and learning are indispensable to each other.\u201d\u00a0 The way we do business has changed drastically since the days of JFK, but his words apply now more than ever. In an ever-shifting global digital landscape where change is constant, developing knowledge and acquiring insight are essential.\u00a0<\/span>\u00a0<\/span><\/p>\n

To operate with the agility necessary for today\u2019s fast-paced business environment,\u00a0<\/span>as a\u00a0<\/span>would-be\u00a0<\/span>entrepreneur<\/span>\u00a0<\/span>you<\/span>\u00a0<\/span>need to be 100% prepared<\/span>.<\/span>\u00a0<\/span>An MBA does just that, providing the bridge from the idea to the implementation. Here\u2019s how.\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

Acquire the knowledge<\/span>\u00a0<\/span><\/b>\u00a0<\/span><\/h3>\n

An\u00a0<\/span>MBA<\/span>\u00a0<\/span><\/b>qualification from a\u00a0<\/span>business\u00a0<\/span>school for entrepreneurs<\/span>\u00a0<\/span>provides the<\/span>\u00a0tools\u00a0<\/span>that talented\u00a0<\/span>innovators<\/span>\u00a0need to achieve their potential<\/span>.\u00a0<\/span>The\u00a0<\/span>IESE<\/span>\u00a0<\/span>full-<\/span>fime<\/span>\u00a0<\/span>MBA<\/span><\/a>, for example,<\/span>\u00a0provides\u00a0<\/span>you with the<\/span>\u00a0comprehensive tool kit of knowledge and abilities<\/span>\u00a0you need<\/span>\u00a0to launch and grow a company.<\/span>\u00a0<\/span><\/p>\n

From economics to ethics,\u00a0<\/span>and\u00a0<\/span>capital markets to communications,\u00a0<\/span>an\u00a0<\/span><\/b>MBA\u00a0<\/span><\/b>from the right school\u00a0<\/span><\/b>covers the\u00a0<\/span><\/b>fundamentals\u00a0<\/span><\/b>every entrepreneur needs to know<\/span><\/b>.\u00a0<\/span>Some people may<\/span>\u00a0have a natural affinity with\u00a0<\/span>e<\/span>ntrepreneurship<\/span>,<\/span>\u00a0but<\/span>\u00a0it\u2019s not essential for business success. A<\/span>s the American football coach Vince Lombardi famously said, \u201cLeaders are made, not born.\u201d\u00a0<\/span>An MBA\u00a0<\/span><\/b>gives you the ability to avoid common\u00a0<\/span><\/b>mistakes, increases your ability to raise funds, boosts your leadership skills and\u00a0<\/span><\/b>helps you\u00a0<\/span><\/b>understand the markets you aim to disrupt.<\/span><\/b>\u00a0\u00a0<\/span>[\/vc_column_text]

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