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Why All Successful Entrepreneurs Have MBAs: Mentors, Believers, Advocates

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There’s no such thing as a “self-made” business owner. The mere notion of the self-made man — someone who came from nothing, had a big idea, exploited it entirely on his own, and now has it all — is mostly an American myth.Sure, successful entrepreneurs and business owners are smart, opportunistic, perceptive, and adept at assimilating information.

Yet in advising a number of them for over 40 years, and having been an entrepreneur myself for just as long, I can confidently say that none succeeded on their own.

All, instead, had “MBAs” — mentors, believers, and advocates. So if you’re about to strike out on your own, know that you’ll need MBAs, too.

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