Bookmark the following website before you read on:
Having been an entrepreneur for four years relatively early in my career, I am always perplexed by the people I met in the MBA program who joined the program because they wanted to be entrepreneurs. I talked about this negatively in one of my earlier articles « Are MBAs good entrepreneurs? » but in that article I only gave negative opinions without remedies. Today I'd like to introduce an internet resource, entirely free, that offer positiveness for entrepreneur wannabes.
The website I just asked you to bookmark is set up by Sam Altman, the President of Y Combinator. The site contains the video lectures and annotated transcripts of the highly acclaimed startup course at Stanford, CS183B. It's taught by the YC people who have the most comprehensive early-stage statistics, hands-on experiences and therefore advices as well as by hugely successful entrepreneurs and investors who Sam invited to share on specific topics featured as part of a very well structured course.
And did I mention that it's free?
At the risk of angering my fellow MBA classmates, frankly I don't really see the point of going through an MBA program to become entrepreneurs. It's more often a liability than an asset. In fact, CS183B is taught at undergrade level. And if you absolutely want to become an entrepreneur, it's always better to use that 50,000€ – or in the case of the top US programs, twice of that amount – you've worked so hard to save and the precious two school years to start your company already.
You might feel clueless at first but today there are a lot of resources on the Internet that you could tap into, including this totally free CS183B website. There are also many conferences where you could great people like you, such as the recently concluded Web Summit in Dublin, Ireland, the cost of which is much lower than an MBA networking trip to Portofino, Italy to sail with the other MBAs in crappy Fall weathers and to get stupidly drunk at the parties every single night.
Heck! Use that 50,000€ to build a working prototype of your idea to get into a great accelerator like Y Combinator. It will definitely gain you access to much better networks of mentors, co-founders, engineers and fellow entreprenurs than the party-oriented chunks you're gonna meet at an MBA program, whether it's Harvard Business School or not.
In any case, you don't really need to enter an MBA program. If anything, you might wanna avoid it, seriously.