[b]In the quest to get better and develop ourselves full, many undertake advanced degrees. Lately there has been a panic rush for MBA's. But is this degree the magic? Learning the practical mechanics of entrepreneurship is useless without an idea. Professors won't provide you with an idea only the skills to identify the good from the bad. I found this article in the City AM newspaper published in London June 21 2012. So go ahead and see if you agree. SAO The Employment Coach.

By Tom Welsh.

PLENTY of successful entrepreneurs don’t have MBAs. For many, to be an entrepreneur is to possess a constellation of hard-wired personality traits – an appetite for risk, an eye for an opportunity, the personality to carry investors on an exciting bandwagon from start-up to IPO. Surely these qualities can’t be taught? Many business schools disagree. An increasingly noticeable part of their offering, whether as part of MBA programmes, or as stand-alone courses, are classes devoted to training entrepreneurs and equipping them with the skills to take an idea and run with it.

A cynic might argue that schools are playing with the media zeitgeist – that teaching entrepreneurship is part of an eye-catching strategy to capture attention while they continue to plod along with a core offering for corporate-minded executives. But the numbers, and the money, tell a different story. Cass Business School has invested £10m in an entrepreneurship fund for promising start-up ideas. Professors tell of increasing numbers of students who are leaving professional careers and, armed only with a vague idea or desire to start their own firm, are using MBA programmes as a springboard.

But is an MBA really the right choice for a potential entrepreneur? Programmes can cost in the region of £40,000 for a year – wouldn’t that money be better spent renting offices or investing in market research? For some it will not be the right choice. But, if you do want to start your own firm, and perhaps lack the confidence, the broad business knowledge, or even the idea to take that desire forward, an MBA could prove useful. For more click the link below
http://saotheemploymentcoach..co.uk/2013/06/do-you-need-mba-to-succeed-in-business.html

[/b]

You dont. You can learn all the principles in the trenches.