| No MBA, no business career? Not necessarily |
|
|
| Written by Jill Marshall | |
| Sunday, 25 May 2008 | |
|
Page 1 of 2  Savvy vs MBA Well, without knocking the benefits of a good education, the answer to those questions is simply no, a degree is not a prerequisite for success in the business world. On the other hand, there’s no doubt that a tertiary education is invaluable. It takes large doses of discipline and hard work to earn a degree, and knowing that you had the staying power to finish it is incredibly rewarding. Everyone should be afforded the opportunity to go to university, but if you choose not to take that opportunity, it doesn’t automatically mean you’re a failure or that you’ll never be successful as a business person.
School of life
Yes, it does require a level of intelligence to pass the courses at university, but being successful in the business arena takes a lot more than knowing the difference between pricing curves or the merits of Honda's international marketing strategies. Business people need more than what a textbook can offer: they need the savvy, the street smarts and the survival instinct to make it in what is an increasingly competitive business environment. Some people, to their credit, have an inborn sense of all things business. They have the most fantastic ideas. They know a good opportunity when they see one, and when and how to take advantage of it. They're charismatic, persistent and well connected, and before long, they're nurturing a great business career – all without a day on anyone's campus. Today, a good business person needs to be custom-built with a tough exterior because it's not easy out there. More than just the bottom line, it's about defending your turf and fighting off aggressive competition while maintaining business integrity and personal dignity. These are not exactly the skills you pick up in economics class. This is the stuff you learn on the street. |
| < Prev | Next > |
|---|
The Importance of Incorporation??Thursday, 03 July 2008 | Joe Doyle Those wanting to start a business or entering into a business venture initially have an important decision to make: “Incorporate or not to incorporate, that is the question?” Those creating or running their own business have four basic structures to operate under. The entity can operate as a sole proprietorship, partnership, LLC or a corporation. These structures will be discussed in a bit more detail below.+ Full Story | The Pros and Cons of a Business PartnershipMonday, 23 June 2008 | Shawna RuppertThere are great benefits to be reaped from starting a business from a partnership rather than a solo perspective, but there are limitations as well. When deciding on whether or not to start a business as a partnership it is important to carefully weigh the pros and cons to see if this is going to be the best option for your company’s success. + Full Story |
| Business Plan TemplateSunday, 15 June 2008 | Sunil TinaniA simple step-by-step template for a DIY business plan. + Full Story | How to Plan a Start-UpSaturday, 14 June 2008 | Sunil Tinani Entrepreneurs are eager beavers – they have a business idea that must take-off immediately, right now, without further delay, asap, and so on – you get the idea! Well, taking off on a start-up without adequate planning is like flying a plane without a pilot – you go from one air pocket into another and keep going until you are left with only air in your pockets, no money, and then you crash land! + Full Story |
| The Home Based Business PlanMonday, 09 June 2008 | Shawna Ruppert Discovering the Home Based Business Plan that is going to work the best for you is the most important step in setting yourself free from our traditional models of employment. + Full Story | Business Networking: Earning a Wealth of ContactsMonday, 09 June 2008 | Shawna Ruppert Business networking is one of the most fundamental needs of any business. The success or failure of any new business can be largely dependent on whether or not they are able to build themselves a network of clients and customers during their startup period. Marketing, creating consumer loyalty and networking are all major factors in ensuring that you have the wealth of contacts that your business will need in order to be truly successful. + Full Story |
| Motivating your teamMonday, 26 May 2008 | Jill Marshall
Every thriving business is held buoyant by a team that works well
together, and the only way a team becomes successful is if they're
motivated to succeed.
+ Full Story | Becoming a business analystMonday, 26 May 2008 | Jill Marshall
Are you a technical buff? Consider
yourself somewhat business-minded? Believe it or not, these qualities
need not be channeled into separate careers.
+ Full Story |
| Efficiency RatiosMonday, 26 May 2008 | Sunil Tinani
Is the company employing its assets
efficiently? Or, are they being underutilized much to the
shareholder's agony? Here is how you can find out:
+ Full Story | Profitability RatiosMonday, 26 May 2008 | Sunil Tinani
These ratios measure how skillful a
company is at generating profits.
+ Full Story |
