Entrepreneurs Say No to MBA

Found some information on a recent survey of entrepreneurs over at Entrepreneur.com’s Daily Blog. From the blog posting:

Of those surveyed, 44 percent said that formal education is very important in preparing entrepreneurs for future success, while 51 percent said education is only somewhat important, and 5 percent said it’s not important. However, 57 percent of respondents agreed that having an undergraduate degree is more important than having an MBA. A whopping 91 percent of small-biz owners surveyed said entrepreneurs who receive MBAs from Ivy League schools have no advantage over those who receive them from any other schools. 

I disagree a bit in that I think the people being surveyed were thinking of education as purely what one learns in the class. I have a broader view that includes networking opportunities, business plan contests, and access to incredible talent (professors and students).

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