By DeVry University
January 4, 2022
6 min read
January 4, 2022
6 min read
Entrepreneurship requires resilience, confidence, boundless energy and the determination to take an idea and transform it into a tangible, profitable and growing business. Entrepreneurs march to the beat of their own drum and hear an inner voice that says, “Let’s start something.” For them, success comes from building a business based on their own vision and built on their own terms.
If you want to prepare to succeed as an entrepreneur, you may be wondering what kind of post-graduate business degree would be best, and what are the benefits of an MBA. You may be asking, is an MBA worth it for entrepreneurs?
This article will provide 7 reasons why the right MBA program can prepare you to pursue your entrepreneurial goals by helping you build a well-rounded skillset.
Demonstrate skills and perspectives that individuals without an MBA may not have.
Practice communication skills to pitch your ideas with more confidence.
Provide comparisons and contexts that convey your understanding of the business ecosystems in which you plan to compete.
Relevant experience: Mentors with experience related to your professional goals can offer lessons about their successes and missteps, allowing you to learn from those missteps without the consequences. A mentor can also offer insights that may help you anticipate future challenges.
Sustained accountability: A good mentor will hold you accountable for your goals and track your progress toward completing them.
Encouragement: Mentors can provide encouragement and crucial confidence building during times when you may be faced with challenges.
Connections: An effective mentor can help you build your professional network. As you identify your personal and professional goals, a good mentor will strive to connect you with beneficial individuals or opportunities.
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In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus: 1400 Crystal Dr., Ste. 120, Arlington, VA 22202. DeVry University is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission, www.tn.gov/thec. Naperville Campus: 1200 E. Diehl Rd., Naperville, IL 60563. Unresolved complaints may be reported to the Illinois Board of Higher Education through the online compliant system http://complaints.ibhe.org/. View DeVry University’s complaint process https://www.devry.edu/compliance/student-complaint-procedure.html Program availability varies by location. In site-based programs, students will be required to take a substantial amount of coursework online to complete their program.
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