Tuesday, February 15, 2011

Should you get an MBA? Andy Greenfield '74 says no

Our two-hour interview with Andy Greenfield '74 produced two features in the Colgate Maroon-News (part 1 and part 2). Nonetheless, two articles was not enough space to include all his words of wisdom. That's why over the next couple weeks we'll continue to bring you more from a Colgate grad who has started three successful companies including Greenfield Online which was recently sold to Microsoft for $486 million.  

Should students interested in entrepreneurship consider an MBA?
Greenfield: “This answer might be controversial but I truly follow the Nike philosophy: Just do it. You will learn more in the first six months of doing it than you ever will in business school. Business school provides two things: (1) a credential and (2) it provides some people with confidence. You don’t need a credential as an entrepreneur. If you want to build something or start a business, you don’t need to go to business school.”


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