Monday, March 21, 2011

You don’t need an MBA to do business

An MBA is a great degree to do. It covers the basics of the whole gamut of issues facing a business and teaches you a system view of the world.

Modern society has built the MBA up to such an extent that now many people believe that you can’t do business if you don’t have one. Somehow, it’s become like a drivers licence – if you don’t have one then you can’t drive.

The MBA was originally set up to teach technical people business skills as they moved into management. Flip that on its head – it helps teach smart people who work in big organisations what business is about because they aren't exposed to it in their normal jobs.

The time honoured way to learn about business has always been to do business.  Get out there. Treat each investment as a bet and bet only as much as you are comfortable losing. Go and learn.

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