Startups better than MBA for learning skills to start your own company, entrepreneurs say
learning skills and honing leadership to launch an own venture than joining an MBA programme, believe some of the entrepreneurs. Ahead of World Entrepreneurship Day on August 21, many founders with whom PTI spoke noted that while an MBA programme provides valuable managerial skills, it is not a prerequisite for starting a new company. Entrepreneurship is like a real-life MBA where an entrepreneur continually builds business fundamentals and hones communication, leadership and critical thinking skills, according to work-as-a-service platform Awign's co-founder and CEO Annanya Sarthak.
«I personally don't believe an MBA teaches you the real-world skills that entrepreneurship teaches you. Instead of spending two years doing an MBA, I highly recommend joining another early-stage startup and learning the skills needed to start your own company, Fireflies.ai CEO Krish Ramineni said. Physics Wallah co-founder Prateek Maheshwari resonates with the idea.
„Entrepreneurship goes beyond managerial skills taught in an MBA program, it encompasses arranging funds, providing a vision, finding the right people, and solving relevant problems.“ Only a small percentage of MBA graduates become entrepreneurs, historic data globally suggests, Maheshwari noted. Good Glamm Group co-founder and founder of BabyChakra, Naiyya Saggi, feels an MBA broadened horizons for her, offering problem-solving, business development and professional network. »My MBA experience expedited my entrepreneurial journey and fortified my capabilities as a business leader," she shared.
Read more on economictimes.indiatimes.com
