I am going to jump in.
Killer of most business: cash flow / capitalization - then GROWTH being too rapid or unplanned. Often a good electrician does not make a good electrical company owner. A good hair stylist does not make a good salon owner. different skill sets...... but you get my point I hope.
ALWAYS bad planning or lack of planning is involved. BUT sometimes businesses succeed in spite of lack of planning.
AND an MBA is a tool. Some people use it to be be better entrepreneurs. Others use it to be better bureaucrats, others better whatever.
Some use it just to have the piece of paper.
It is all about the person who has it, what they learned and how they applied. It doesn't automatically do anything!
Mountainannie I will be your friend!
Killer of most business: cash flow / capitalization - then GROWTH being too rapid or unplanned. Often a good electrician does not make a good electrical company owner. A good hair stylist does not make a good salon owner. different skill sets...... but you get my point I hope.
ALWAYS bad planning or lack of planning is involved. BUT sometimes businesses succeed in spite of lack of planning.
AND an MBA is a tool. Some people use it to be be better entrepreneurs. Others use it to be better bureaucrats, others better whatever.
Some use it just to have the piece of paper.
It is all about the person who has it, what they learned and how they applied. It doesn't automatically do anything!
Mountainannie I will be your friend!