Comments on: Why MBAs Suck at Creating Startups (Hint: It’s not all their fault)

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By: Arkid Mitra

Arkid Mitra — Mon, 13 Jul 2009 10:53:50 +0000

I quiet agree with you. I am from India and I didn't go for an MBA after my B.Tech thinking I would not be able to take enough risk once I do a M.B.A and am offered some very lucrative salaries.Also I have group of programmers working with me and doing quiet well. All we need after this are ideas and I don't think a M.B.A can teach me “how to get ideas?”. By the way, I do require to read many blogs like yours in search of that small thing which can turn big.

By: Arkid Mitra

Arkid Mitra — Mon, 13 Jul 2009 06:53:50 +0000

By: Sam

Sam — Wed, 23 May 2007 21:07:04 +0000

Thank you all for these really insightful comments!

Gabriel – I agree that a degree in entrepreneurship (not like the ones offered by BSchools) is a great idea…TechStars and such incubators are a good start

Will – Yes, the answer may lie in an online solution. Maybe I can use my product to create something…I’m too familiar with Talent Spring but will check them out

Philip – Thanks for sharing and letting me know I’m not 100% off. It’s really a shame that schools haven’t seen the value in entrepreneurship thus far…maybe as more students become interested in move away from analyst positions they will start to see the value

By: Philip James

Philip James — Tue, 22 May 2007 16:34:39 +0000

As a Columbia MBA grad, who received funding for a startup idea which is based in Sunshine Suites, perhaps i should have attended Monday’s event.

The reasons i didn’t are the same as those articulated in the above post, but basically MBA’s don’t make good entrepreneurs, they make good managers of larger companies.

I too received little support from the school and found the funding and the technology came from other sources.

The MBA was fun, taught me a lot and gave me valuable connections – it just didnt help me become an entrepreneur.

By: Will

Will — Tue, 22 May 2007 15:39:17 +0000

Interesting post. My wife and many friends went to CBS and, based on secondhand experience as well as common knowledge, its mostly a finance play. Nothing wrong with that — if you want to go into private equity or something, you’d do well with CBS. You could argue the related point though that there are certain schools (B or otherwise) that are so well-connected to the tech community that they disincentivise [sic] others to participate, so by that token its good to see this CBS-centric event.

We’re sorely in need of some variety (of all sorts) in this regard, and that needs to be nurtured for the overall health of the space. Funny how we’ve collectively forgotten the good old days when there were cutting-edge businesses that didn’t have anything to do with web 2.0 and actually had high entry costs — they’ll be here again soon enough (green, nano, etc.). I wonder if there were any innovative micro-finance business models coming out of CBS?

Re the solution, would be nice to see a better/new collaboration site for identifying the team and resources you need…they all get invaded by contractors and frowned upon by experienced heavyweights it seems. Maybe TalentSpring will turn out to be interesting, at least for the people part of it. I also think the incubator model has a lot more potential in theory than it typically realizes…interesting to think through why exactly that is…

By: Gabriel

Gabriel — Tue, 22 May 2007 12:36:18 +0000

Maybe what’s required it’s not an MBA, but enterpreneurship, which is an ability, a quality, an aptitude that your MBA can help developing, but it can be developed in many ways, such as having a good role model in that, networking with other enterpreneurs, and so on.

I agree on the “hunger” thing. Someone satisfied (or self satisfied) will hardly have an enterpreneurial attitude.

Best regards