MBA's are NOT great Startup Founders
Key Takeaways
The video discusses why MBAs are not great tech startup founders, citing the differences between traditional business school teachings and the lean startup methodology proposed by Eric Ries, which emphasizes a build-measure-learn cycle and rapid iteration over traditional market studies and perfecting a product before launch.
Full Transcript
mbas make terrible Tech startup Founders let me explain why this is me coming out of high school I had some ideas about whether in my life I wanted to start my own business and I assumed like many that the best rout to accomplish this was a business major the problem is that the Dynamics of a tech startup today are massively different from what textbooks teach my first reality check on this came from reading the lean starter the basic framework that Eric gese proposes revolves around this build measure learn cycle build a basic MVP put it out there measure its performance and then learn from those metrics and start over again the old school method would be to hire a market study keep your idea super secret in case somebody might steal it protect your brand by never launching unfinished crap and this Lean Startup cycle operates on weekly maybe bi-weekly processes there's no time for Market studies the clock is sticking you plan you execute [ __ ] it chip it done is better than perfect I often see this Clash of thinking with more traditional business school Founders and it's hard for them to take this approach when it opposes this degree that they're probably still paying for
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