- 34 years old.
- graduated in 2000 with a marketing major / personal communication minor
- 5 years exp at a very popular Internet company where I got in early (employee #133 out of now 3000+) so I trained and managed CS / sales teams, turned their refund department into a profit center, oversaw 3 software development teams and practically learned everything I needed to know to run my own business.
- Past 6 years spent running a small online store. Making more than at my old job but definitely not driving a Ferrari (not that I would want one). Business has plataeu'd and I'm trying to build it further but I am not sure I see this particular project running for another 5 years. I have 2 other projects in the pipeline with a goal of creating multiple streams of automated income. Not talking about MLM or Pyramid schemes.
I have had a feeling in the back of my mind that I should get an MBA to help organize all the knowledge I've gained in the past 12 years and to act as a VIP pass to bigger jobs. I want the stability of a career again while I run my online businesses on the side. My little brother is an orthopedic surgeon so there is a tremendous contrast between our two lives and I respect the long view in his career stability.
I'm thinking about Insead, Thunderbird, or some other higher reputation school. My problem is that I have a hard time going into debt, parting ways with $100k, sinking so much time into getting school and networking when I could prob spend the time/money into building more businesses.
In the next 5 years, if I get an MBA, I want a VP level job making $250k+ a year and unless that happens, I'm just not sure it is worth it...
For those of you who got an MBA, did you run your own business before?
If you were already running your own business, would you get an MBA?
Did getting an MBA help you run your business better?
Thanks in advance SF!
All advice is welcome.