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Friday, August 15, 2008

Post MBA strategy

What should be the post MBA strategy?

I have been thinking a lot, about the fields that I should focus on while doing MBA. I have always wanted to do MBA as it will equip me with knowledge about general management tools and strategy, but the reason to do MBA is different.

I think every ambitious individual aspires to make big on the global arena or locally where he is known, respected and admired for the achievements. In this regard I am no different. If I were to talk to my friends and other knowledgeable friends in the Bangalore's entrepreneurial ecosystem, many may dis-approve the need for an MBA to be successful as detailed above, but I see that as a stepping stone in my career. My previous experience with entrepreneurship was not great. But it was an experience altogether. I have no regrets about the failure because then only I realised that I need to do something different to become just another guy.

Having said so, the big question is how to leverage the MBA that I will earn towards later part of next year. What should be the game plan post MBA. Get a job and reunite with family and kids or become an entreprenuer and explore something new. In either case, the need to specialize in a particular field is of paramount importance. What should that field be? I think of strategy and finance and leverage them with the technology background to enter into consulting. This is just a thought process that I am undertaking.

Any inputs?

2 comments:

Anonymous said...

Hello Amit,

You said that your experience with enterpreneurship has not been great. Can you elaborate? it might be helpful for the aspiring enterpreneaurs if you can tell your list of Not TO DOs.

Amit said...

Hi Anonymous,

I hate calling you anonymous but you left me with no choice.

My experience taught me the importance the planning, managing finance and more importantly finding and keeping company of people who believe in your idea more than you as a person.

I say as above because if you are the only person who believe in your idea and are unable to sell/convince your thought to your partner, convincing any person to invest with you would not only be difficult but impossible.

Additionally never jump to do things without developing right level of contacts else you will be running from pillar to post to sell your stuff without any results. This learning led me to realize the importance of planning. If you plan and network I believe you should be good to go.

Lastly a good planning about your venture can help you save money. You can read elsewhere also that an entreprenuer should live as frugally as possible.

Hope this helps.

-Amit