If you had the opportunity to pursue an MBA before starting a company or directly starting a company, which option would you choose?
I think everyone will agree that knowledge is power. I will choose to pursue first MBA before I start my own company because I don’t background on business management. This is a case to case basis because some people already have a working experience on business even without MBA. It’s either their family run a business or they work on a company which experience teach him already how to manage business.
But as a person with zero knowledge and background. Pursuing MBA is the right path to follow not only to equipped knowledge for the business management but also to have a good background on your portfolio so that your employees will recognize your skills.
I believe someone should only start a business that they understand pretty well even if they haven't studied business management or learned formally about that business before starting it. You can find millions of people in the world who are running businesses successfully without having any formal education that is directly related to businesses or the business they are doing, and the reason for that is simply because they knew what they are doing.
If you can afford it and have the time for it, you should obviously go for it, but if you only have the budget for your business and also have some knowledge and experience about it without formal education, you should simply go ahead with the business and work hard on it, it will succeed for sure.