The Missing Piece

October 27, 2009

Going to business school? What’s your start-up idea?

startup inc

Check out start-up success stories at Inc.

In an age of fast-growing start-up companies, it may be hard to convince a business school admission why you need a business school education to launch a company– if indeed that’s what you want to do.

You can start by discussing the merits of your business plan and how a degree will set off your start-up? But first let’s look back.

A start-up is a new and limited operating company under fast development. Unlike big corporations, start-ups tend to do what corporations can’t like provide better customized experiences for clients and reach intimately niched markets. A start-up can be as focused as managing a team of washers to do laundry for families in Dakar.

If you want to start a company from a fresh idea and with a small group of people? Then you want a start-up?

Now why do you need business school?

Perhaps you’re looking for a specialized network a business school can provide or the chance to learn a noteworthy skill in business school that can launch your start-up which needs intellectual support. It’s up to you to answer: how will business school push my great start-up idea?

Some experts say if you’re in business school — quickly decide if you’re a job-hunter or a business-starter. There’s a reason. If you want to start a company, it’s a good idea to start in college. The Business School Journal reports:

A business student is someone that goes to business school, takes courses, graduates and looks for a job. An entrepreneurial student is someone that starts their own business while still in business school.

Some people are natural entrepreneurs, even students. Numerous successful business powerhouses – such as Dell Computers, Microsoft, FedEx and Apple – got started in college. You don’t have to be a geek, but you do need some basic accounting, advertising, market research and business skills, and a specific salable skill (how you’ll earn your income). College is actually an ideal place to start a business because students tend to be bright-eyed, passionate and unjaded. As well, classmates tend not to mind other classmates promoting their business.

Having a few start-up ideas can expand your purpose in business school and enrich your experience, particularly by mastering how to design products, services and income.

–Malena Amusa

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