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Escaping middle management - MBA or small business - Page 2

post #16 of 22
Quote:
Originally Posted by bringusingoodale View Post

Be lucky you have a job.
Go home and get a hobby.
OR
Real estate.
(that's all I got)
If he was whingeing about how he wanted more money when the company was going under and his colleagues were being made redundant I'd agree with you, but he isn't so your advice is irrelevant.
Quote:
Originally Posted by zion View Post

it's never too late to achieve a higher education

What about to make a profit on it or if you have been given a life expectancy of three days?
post #17 of 22
Quote:
Originally Posted by Sir Humphrey Appleby View Post

What about to make a profit on it or if you have been given a life expectancy of three days?

It seems he needs to do something drastic or he's left stuck in "middle-managment purgatory," at the very least an MBA increases his odds of breaking out of that cycle. Even if the actual cost of his MBA puts him in the hole and isn't recouped for many years, if it succeeds in breaking him out of his current reality then it may be worth it--but that's something only he can weigh.
post #18 of 22
Figure out what kind of business well before quitting your job. You may be bright, but you don't know everything about an industry that you are brand new in. Doing it part time on the side is alright as long as you properly manage the expectations of your clients. Otherwise you will spend a great deal of time being sued.
post #19 of 22
To the OP,

If you truly want to go for an MBA degree, I highly suggest doing so.

I'm currently in an MBA program. My former educational background was in science. I absolutely love the program. I'm not in a top tier program, it is a local school that is easily accessible to me after work. The whole program costs me about $55-60K, but I think it will be absolutely worth it. My social life is non-existing, but I don't mind. Between school and work, I'm pretty swamped.

I feel somewhat like you. I'm not stuck in middle management, I'm just starting out my career. I'm 26 years old now. I know I can earn a nice 6 figure income in this field, but I have a yearn to try "this business thing" out.

Please keep us informed on what you decide to do. Best of luck to your future endeavors, my friend!
post #20 of 22

If you have the passion for business then start one and yes you can simultaneously do MBA too.

post #21 of 22
Quote:
Originally Posted by zerostyle View Post

This is my current thought right now.
My question is - would it be insane to try to do a new company + part time MBA + build a small business all at the same time?

Yes, it would be insane.

Investing in yourself, i.e., the MBA, will pay off provided you invest the time and effort, too. Starting your own business would drastically constrain both time and effort. I wouldn't worry about getting someone else, such as another employer, to pay for it. No employer I know of will pay for your MBA without expecting to recoup this investment; post-MBA you will continue to work for your sponsor at a lower-than-MBA salary or you'll have to repay (pro-rated) the tuition if you jump ship.
post #22 of 22
at least in the corporate sense, an MBA pretty much puts the "middle management" stamp on your forehead, just sayin'
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