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If you have recommendations, then please leave them below in the comments. Regardless of which path you decide, there is an abundance of valuable information available at your disposal to become a successful entrepreneur. For those intending to gain the first-hand startup experience, then an MBA program might not be the best place for you. If you believe, based on evidence and research, that an MBA is a requirement for success, then you should go after it.
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Working at a startup enables you to get hands-on experience while learning by doing.Research is essential, but building a real product is incomparable to what you’d study in school.Startups teach you about some of the most critical components of building and scaling a successful business that isn’t taught in business schools like sales, community, content marketing, diversity, and inclusion.You get to work with colleagues who have deep domain expertise.Below are a few benefits for taking the startup path: In school, you don’t get graded for having resiliency, curiosity, agility, resourcefulness, and tenacity - all valuable traits that can help scale startups. Speaking from personal experience after graduating from one of the top MBA programs for entrepreneurship, I can attest that more time is spent on research versus building minimum viable products (MVPs). However, if you’re focused on flexing your entrepreneurial muscle, then the risk-controlled environment of school might not be the best place to gain direct startup experience. Also, it could do a lot of good for you to take some time to refine your skills.Ĭan veterans gain useful experience without business school?
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Staying in school could be safer than entering an uncertain workforce.The average starting salary for an MBA grad in 2019 was $115,000, according to the Graduate Management Admission Council.
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There are some things taught in business schools that are foundational to success in business.Career services departments at universities will help you launch your post-military career.Substantial financial aid packages are available to veterans.In two years, MBA students learn about multiple industries while earning a degree that will balance military experience.According to organizations like the MBA Veterans Network, there are plenty of reasons why veterans should consider a top-ranked MBA program, including: There are a lot of benefits to getting an MBA, such as networking opportunities, upward mobility within your corporation, and it can be a great launchpad for a civilian career.