HOW MBA TEACHES YOU TO BE A SUCCESSFUL ENTREPRENEUR?

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MBA CAN SURELY MAKE YOU A SUCCESSFUL ENTREPRENEUR in following ways:-

1)Build a global network.
One of the key benefits of the MBA is that it provides a platform for you to engage with an extremely diverse pool of people, ensuring that you build up a very substantial network in a short scope of time. For an entrepreneur, having a network that spans across industries and, maybe even more importantly, across geographies is imperative. This is useful for entrepreneurs looking to expand their international scope. You learn to get your point or pitch across in a way that is adaptive to the culture with whom you are interacting. We teach that it is not only about what you are saying, it is also about the way in which you say it!

2)Take calculated risks.
The MBA teaches you to take risks. For entrepreneurs, this is of great value; being an entrepreneur is never risk-free. Succeeding in business is all about taking calculated decisions that maximize opportunity while trying to minimize risk.

3)Embrace change.
The influence of disruptive technology in most areas of business has had a major impact on the way we work. In order to stay ahead in your industry, you need to be an entrepreneur in the workplace. This requires adaptability, openness to change and being comfortable with being uncomfortable – all attributes that we foster and teach in the MBA.

4)Present your ideas effectively.
One of the soft skills taught in an MBA program is how to present effectively. Sometimes delivering the most professional presentation might just be a differentiating factor in pushing your ideas or business plans through. The MBA also teaches you to devise and present your business plan. This can be in the traditional sense of the word, i.e. pitching a new business idea, but it also refers to what happens every day at work – pitching an idea or project to both internal and external stakeholders. As the business landscape becomes more and more competitive with more and more ideas in need of support and funding, ensuring that you have a solid business plan to pitch is crucial.

5)Leverage opportunities outside the classroom.
One of the most important aspects of the MBA experience is the opportunities you will have outside of the MBA classroom.
 
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