How Entrepreneurs Can Make the Most of Business School
Despite the sizable commitment an MBA requires in terms of time and money, there are positive steps you can take to guide a business education toward launching a start up.
What's the Latest Development?
Some argue that getting an MBA is a mistake if you want to start a business. They say the process kills creativity, wastes time and imposes a huge financial burden. Whether that is right or wrong, spock.com co-founder Jay Bhatti offers some tips on how to use the MBA process wisely to help start your own business. "Only get an MBA from a top-5 school," he says. "An MBA is expensive and time consuming. It's just not worth the opportunity cost going to a school that does not have access to the best professors, highest quality students, or influential alumni."
What's the Big Idea?
Of course, there are exceptions to that rule, not the least of which is that fact that the leaders of Facebook, Microsoft, Oracle do not even have a college degree. But if you are in an MBA, you should (1) take advantage of as many 'tech treks' as possible, visiting places like Silicon Valley, New York, Japan, or other tech hot-spots; (2) base all your elective classes around a start up idea, applying your best business concept even if you do not have that killer idea yet; (3) save money during your MBA experience so you can begin launching your start up as soon as you graduate.
Photo credit: Shutterstock.com
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.
- The study measured the stiffness of blood vessels in middle-aged patients over time.
- Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
- The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
What defines a dark horse? The all-important decision to pursue fulfillment and excellence.
When we first set the Dark Horse Project in motion, fulfillment was the last thing on our minds. We were hoping to uncover specific and possibly idiosyncratic study methods, learning techniques, and rehearsal regimes that dark horses used to attain excellence. Our training made us resistant to ambiguous variables that were difficult to quantify, and personal fulfillment seemed downright foggy. But our training also taught us never to ignore the evidence, no matter how much it violated our expectations.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.