Laura Evans asks the question:
What degree does an entrepreneur get?
There are different schools of thought on what degree an entrepreneur should receive, if any at all. Some look at top C.E.O.’s like Bill Gates who went to Harvard Business School for three years and then dropped out to form Microsoft. But even he will say that an education is essential to becoming a successful entrepreneur. Tim Berry at Entrepreneur recommends to major in your interests in college and to later further your education through higher degrees of education.
Many students believe that you must major in business, accounting or finance in undergrad to be a successful entrepreneur but that is not the case. You will not be a successful entrepreneur if there is no passion behind what you are doing. This too pertains to business schools. An MBA will help an entrepreneur grow and develop its company but it does take more than just the education. It takes dedication, commitment, passion, and of course, tough skin. Therefore, Berry recommends to follow your passions to become a successful entrepreneur. After all it is how top executives like Larry Page and Sergey Bain became such successful entrepreneurs.
The Entrepreneurial Professor
Monday, March 30, 2009
Thursday, March 26, 2009
Laura Evans thoughts on social entrepreneurship
Laura has these comments regarding social entrepreneurship:
As jobs are becoming harder to find by the day, MBA students are becoming more concerned about their future. Many feel that this is the time to be entering into your MBA education, and not the job market. But unfortunately that does not stop graduation approaching in the Spring.
Most MBA students are interested in consultancy, banking and manufacturing, but as the economy recession deepens, many students are look to the government and nonprofits for an answer. We all know that job security is something of the past, but nothing has made that more prevalent that the current job market. According to Mark Scott at Businesses Week, lectures and classes that focus on social entrepreneurship are over capacity, for the first time in years.
Social entrepreneurship will not bring you the large signing bonus or huge paychecks, but it will provide support from the local community and government. Large companies, such as EBay, even offer special scholarships to graduate school students that focus on social entrepreneurship. Many graduate schools hold events and lectures to assist in further developing nonprofit organizations. Additionally, they can get several governmental benefits to help the company grow.
Therefore, just as in the past, students are turning to the government and now nonprofit organizations for a job. This economic climate may bring about a larger focus on social entrepreneurship in MBA programs and student organizations. Creating a new breed of entrepreneurs.
http://compuserve.businessweek.com/globalbiz/content/mar2009/gb20090313_504677.htm?campaign_id=twxa
As jobs are becoming harder to find by the day, MBA students are becoming more concerned about their future. Many feel that this is the time to be entering into your MBA education, and not the job market. But unfortunately that does not stop graduation approaching in the Spring.
Most MBA students are interested in consultancy, banking and manufacturing, but as the economy recession deepens, many students are look to the government and nonprofits for an answer. We all know that job security is something of the past, but nothing has made that more prevalent that the current job market. According to Mark Scott at Businesses Week, lectures and classes that focus on social entrepreneurship are over capacity, for the first time in years.
Social entrepreneurship will not bring you the large signing bonus or huge paychecks, but it will provide support from the local community and government. Large companies, such as EBay, even offer special scholarships to graduate school students that focus on social entrepreneurship. Many graduate schools hold events and lectures to assist in further developing nonprofit organizations. Additionally, they can get several governmental benefits to help the company grow.
Therefore, just as in the past, students are turning to the government and now nonprofit organizations for a job. This economic climate may bring about a larger focus on social entrepreneurship in MBA programs and student organizations. Creating a new breed of entrepreneurs.
http://compuserve.businessweek.com/globalbiz/content/mar2009/gb20090313_504677.htm?campaign_id=twxa
Saturday, March 7, 2009
2008 Top Entrepreneurs Under 25
Here is a blog from Mallory about up and coming entrepreneurs:
This past summer, BusinessWeek embarked on its fourth annual search to find the most promising young entrepreneurs in the US. Candidates, age 25 and under who are running their own companies, were nominated based on growth potential and the talented founders backing the ventures. I never knew there was such a competition, and was happy to find that a respected business publication like BusinessWeek was highlighting people just like me, students (and some not-quite-students) just breaking into the entrepreneurial world, hoping their ideas will stick. This slide show will do a better job at introducing you to the 25 finalist than I will, so take a look. http://images.businessweek.com/ss/08/09/0908_2008_entrepreneurs/index.htm
You can see there’s everything from retail to high tech to a boutique wine brand to a flavored plastics company. Interesting. Speaking of flavored plastics (not something I ever thought I’d say), Add the Flavor founder Corey Capasso touched on the subject that many student entrepreneurs, including myself, grapple with - how to balance it all out. “[B]alancing the company with homework comes down to energy management: ‘You have to know what needs to be done and what it'll take out of you.’”
This blog focuses more on “suggested reading” than a specific discussion point, but its something I found inspiring and interesting and thought it may serve as food for thought and motivation for young students of entrepreneurship.
Check out the 2008 winners here: http://www.businessweek.com/smallbiz/content/sep2008/sb20080925_140764.htm
This past summer, BusinessWeek embarked on its fourth annual search to find the most promising young entrepreneurs in the US. Candidates, age 25 and under who are running their own companies, were nominated based on growth potential and the talented founders backing the ventures. I never knew there was such a competition, and was happy to find that a respected business publication like BusinessWeek was highlighting people just like me, students (and some not-quite-students) just breaking into the entrepreneurial world, hoping their ideas will stick. This slide show will do a better job at introducing you to the 25 finalist than I will, so take a look. http://images.businessweek.com/ss/08/09/0908_2008_entrepreneurs/index.htm
You can see there’s everything from retail to high tech to a boutique wine brand to a flavored plastics company. Interesting. Speaking of flavored plastics (not something I ever thought I’d say), Add the Flavor founder Corey Capasso touched on the subject that many student entrepreneurs, including myself, grapple with - how to balance it all out. “[B]alancing the company with homework comes down to energy management: ‘You have to know what needs to be done and what it'll take out of you.’”
This blog focuses more on “suggested reading” than a specific discussion point, but its something I found inspiring and interesting and thought it may serve as food for thought and motivation for young students of entrepreneurship.
Check out the 2008 winners here: http://www.businessweek.com/smallbiz/content/sep2008/sb20080925_140764.htm
Subscribe to:
Posts (Atom)