Do you think master degree in entrepreneurship is useless?

[Andy Black]

Fire up a Google Ads or Facebook Ads account. Don’t even “learn” the platform first.

Invest $5 or $10 every single day, getting visitors to a page. Maybe it’s a page you created. Maybe it’s the website for some local business.

Now try to convert that $ spend into $ revenue.

Bet you’ll learn more doing that over the course of one year than doing a full-time Masters.

 

[Scot]

Completely useless.

Even an associates in “entrepreneurship” is bordline pushing it.


Can you name one high profile founder who has a degree in entrepreneurship?

I’ve learned more than any degree about business by just doing and learning on the fly.

 

[TonyStark]

It’s kinda of an oxymoron.

Getting a degree in entrepreneurship is like getting a degree in anti-astablishment.

 

[wade1mil]

I have an Associates in Business. I learned more in two weeks creating a product than two years studying in school. I'd say a really good business school like Wharton's would definitely benefit you, but you'd be better off starting a business and learning as you go than getting a MBA from Kansas State or something.

 

[maverick]

You need a paradigm shift.

This is what you have conditioned yourself with:

Go to school -> study -> do the exams -> get good grades.

Go to work -> do overtime / go the extra mile -> performance review -> promotion / marginal increase in pay

Entrepreneurship doesn't work like this.

Trailblaze.

 

[Andy Black]

What if you already know enough?

 

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[Scot]

Wait..

Wait...

This was a digital course from Harvard for $1,000? Are they actually awarding an MBA?

Sounds more like you almost got scammed by Harvard.

 

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[Kruiser]

Useless MAs are a major source of cash for universities. Getting an additional degree only makes sense if you desire a specific job that requires that degree (e.g., medicine). Who are you going to impress with a degree in entrepreneurship? No one is going to buy anything from your company because of your degree. You have what they want or you don't.

 

[Primeperiwinkle]

Through my own stupidity in marrying a douchebag I have been on the verge of homelessness twice in my life, both times I had only 2k left to my name. Both times I turned it around to reestablish a safe and enjoyable lifestyle.

Use the money you have available for school, don’t spend it on school, and pretend that you will be on the streets if you don’t earn a profit with that money inside of a month.

Today is Day One. Good luck.

 

[jon.M]

The only way to learn entrepreneurship is to start with something. Everybody's got a plan until they get hit in the face. The knowledge you need can be acquired by living your life and solving problems, reading free stuff on internet and buying $15 books on Amazon.

 

[biophase]

As an example go for @biophases training when available. Just cut OPs costs again. OP can find plenty of very happy course former trainees on the forum I am sure.
I am too stubborn to take it, I have to figure it out myself.
Edit didn't mean any offence to anyone who takes the training, I certainly would but I have learnt so much from biophase and others here that I will go my own way shit or bust I think they say lol.

I have a Masters in Geotechnical Engineering. I bet nobody here knew or even cared. But I can build you a bridge or a dam if someone here needs one.

 

[socaldude]

I don't care what anybody says college degrees are worthless. Unless you are going to be a doctor or lawyer and even then it's overvalued.

Our education system in America is beyond screwed up.

Our government has created a synthetic bubble by guaranteeing student loans and the colleges have taken advantage of it by raising tuition, building useless buildings, raising salaries for deans and football coaches etc. All because of easy money and nothing to show for it. Yeah, the dean of the humanities department deserves a 200k salary to do basically nothing.

Economies change and evolve and our education system doesn't even acknowledge it and has failed to keep up with it.

If anything an education should be getting cheaper, and better, a clear sign that it has been corrupted and has failed. I mean computers and technology have gotten cheaper and better.

These days if you want a job people hiring only care about your EXPERIENCE not a piece of paper.

Terribly insane and sad what is happening in America today. It's hurting our economy by having 23 year old graduate with big loads of debt and useless skills.

My advice: Learn on the internet, be curious, learn immediately monetizeable skills, focus on how you can help others , learn how to solve problems etc.

Don't fall for this intellectual entitlement academia sells. It doesn't address market needs. It meets all the criteria for scam as much as people are resistant to thinking of it that way especially since it has been deeply conditioned in you.

 

[MJ DeMarco]

Depends on cost, where, etc...

If you got a full ride to Stanford or Harvard, it will be worth a ton.

But for the rest of us, generally speaking in America where such a thing will cost 6 years and a fortune, probably not.

 

[Blek]

Hello,
I just wondering master degree in entrepreneurship is useless or useful for starting out own business?
Which courses should I take to learn more about entrepreneurship except collecting paper certificates?

It's useless. Unless state have monopoly to give You a privilage to do things (teacher, doctor etc.).
Best seen at IT studies. Paper means nothing.

 

[ZF Lee]

Completely useless.

Even an associates in “entrepreneurship” is bordline pushing it.


Can you name one high profile founder who has a degree in entrepreneurship?

I’ve learned more than any degree about business by just doing and learning on the fly.

I feel afraid to wonder what other Masters Degrees exist out there...

 

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[ZF Lee]

You need a paradigm shift.

This is what you have conditioned yourself with:

Go to school -> study -> do the exams -> get good grades.

Go to work -> do overtime / go the extra mile -> performance review -> promotion / marginal increase in pay

Entrepreneurship doesn't work like this.

Trailblaze.

One of my projects at business school was to write a business plan.

After numerous review sessions with the lecturer, peers and other academic materials, the finished work ended up being a thick stack of papers.

I'm wondering if real-world investors have the time and patience to look all over that literary atrocity...

Is the professor grading your work using the POV of a full-blooded entrepreneur/investor or an academic that goes by the book?

Both come from TWO very different world.

Even if the academics do have consulting experience, you just don't know what 'consulting' means. Consulting can be done in a regular corporate boardroom or in a coffee shop.

 

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[The Abundant Man]

Sorry guys. I saw The Matrix and Fight Club a few days ago. I have their quotes stuck in my head.

"Murder, crime, poverty...these things don't concern me. What concerns me are 500 television channels and some guys name on my underwear..."-Fight Club

 

[jpanarra]

I have a masters in business administration, if anything.. this is worth more than the degree you're talking about.. and I haven't even gotten a real return from it yet.

 

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[maverick]

I would rate the feedback of a lecturer highly if it concerned lectures.

I would not rate the feedback of a lecturer highly if it concerned the feasibility and achievability of a business idea.

 

[NMdad]

What if you decided to spend the same amount of time not on an entrepreneurship course, but on finding a need you can fulfill--and create a progress thread about it?

 

[DustinH]

A university teaching a course on entrepreneurship has to be one of the most ironically antithetical dichotomies out there.

It's like when George Costanza was trying to teach Derek Jeter and the Yankees how to hit a baseball. He had no experience or track record of success doing it.

Unless you can use the program to market yourself then it's a waste of time and money because you will not learn what need to be successful. An MBA is useful for people looking to become mid-level managers, not business owners. I looked into hard about 10 years ago. Even took an accounting class (I got it for free because I worked at the university at the time). I realized I wasn't going to learn what I wanted to learn and focused my time on something else.

 

[Process]

1.) Hahahaha for the cost of an MBA you could make down payments multiple rental properties.

2.) Or start many different ecommerce businesses.

3.) You could even rent $1000 mo. office space and sit in it for ten years trying to prospect for sales.

You’d also gain real world experience...

The reason big companies are so out of touch is they are run by brainwashed MBAs.

 

[LittleJohn]

Fire up a Google Ads or Facebook Ads account. Don’t even “learn” the platform first.

Invest $5 or $10 every single day, getting visitors to a page. Maybe it’s a page you created. Maybe it’s the website for some local business.

Now try to convert that $ spend into $ revenue.

Bet you’ll learn more doing that over the course of one year than doing a full-time Masters.

This sounds like a great idea to not only learn this stuff but possibly test ideas I think.

 

[PedroG]

Yes, completely useless! I have a Graduate Certificate in entrepreneurship which I got only because I could apply those classes to my master's in Computer Science, which I have since decided to stop pursuing.

You will learn a lot more by reading and doing, than you will ever learn from professors that are not entrepreneurs themselves.

 

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[ericaung]

Thank you so much for your input guys! I appreciate it.

The course from Harvard Business Online maybe useless. its $1k USD for one single course so called "entrepreneurship Essentials" :/

 

[ericaung]

No, they're just awarding a certificate if you submit all the assignments etc and pass haha.

This is the link: Online Course: Entrepreneurship Essentials | Harvard Business School Online

Wait..

Wait...

This was a digital course from Harvard for $1,000? Are they actually awarding an MBA?

Sounds more like you almost got scammed by Harvard.

 

[Scot]

So, it is or isn’t an MBA?

Because your title and OP said masters degree...

 

[ericaung]

So, it is or isn’t an MBA?

Because your title and OP said masters degree...

it was MBA and looking for cheaper alternative ones. I was wondering to take this master initially MSc in Innovation and Entrepreneurship | Degrees on Coursera

Now decided not to take it

 

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[Seth G.]

Arguably, nothing is useless
John Wick killed men with a pencil.

But is it necessary - probably not.
Most entrepreneurs and folks here probably have a bit of business education at most in that direction.

My "major" involved a lot of entrepreneurship courses... finance/business/marketing/etc.
I definitely use what I learned, but I definitely didn't need the courses to learn them if that makes sense.

I'd say - get it if it is free (or damn near) and if the courses/professors themselves are especially interesting. But don't get it expecting to walk out as a 'certified entrepreneur' with credibility. That takes starting something which the degree doesn't do

 

[jcvlds]

If there are specific topics that you want to learn about from an MBA or other MS program, look up several class curriculums from several schools and then dissect those topics into further specific areas for your situation.

Having these topics, look for books, blogs, forums, podcasts, etc that talk about these specific topics. Some may be free, some may be paid, regardless, it will be much cheaper than a full-time university program, but more importantly, will be much targeted to whatever you need at the moment and likely to be more actionable than just trying to memorize things for an upcoming exam.

MJ talks about this in his books.