It is being said that the MBAs due to the tough economic situation are going out on their own by opening up new businesses. It is tough to find a job right now and so these resourceful MBAs instead of waiting for new job opportunities to arise, are going out on their own, which is kind of a nice thing. This is the kind of entrepreneurial spirit we need to make America work again and be competitive in the world. But if the economy was good as before, maybe these MBAs would have gone the traditional way of looking to work for some big Wall Street Firm.
Although it is not easy starting your own business when you have your mind set on a job and you are doing this just our of necessity but if these business grow, then you don’t have to work for some company and it can be nice addition to your resume in the future.
I encourage more people to start their own business even if it fails because failure is also an experience that you can learn from for your next business venture.
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