Getting an MBA is beneficial because it sets you apart from the rest of the pack. One of the advantages of an MBA is that it forces you to read and learn, which helps you expand your knowledge about any business you want to venture into. I strongly believe that one of the reasons why start-ups fail is because they lack a solid foundation in understanding frameworks and conducting their own research, instead of relying solely on purchased data. While it is true that not everyone may be able to afford an MBA program, the truth is that there is so much to learn from it. If you had the opportunity to pursue an MBA before starting a company or directly starting a company, which option would you choose?
Higher education is pushed on a lot of youngsters these days but the reality is that not everyone can or should be academically gifted. There are plenty of other roles in society where a medium level of education is completely sufficient, or they would be better served learning a trade skill instead - whether that is electrician, plumbing, mechanic, or many others. Everything in the media tries to teach you that you are unsuccessful if you go to university and that's definitely a poor portrayal. With the advent of the internet it's never been easier for people to pursue entrepreneurial activities with things like reselling online, or many thousands of jobs that exist. The price of university also seems obscene and it can be a huge burden especially on young minds.