Quantcast

Doing something on the side?

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

bgreet

Dopefish Lives!
7+ Year Member
15+ Year Member
Joined
Jun 14, 2003
Messages
799
Reaction score
0

Members don't see this ad.
I'm just curious, I've always wanted to be a doctor and thats first and foremost, but I have thought about always doing something on the side (I'm a techie and like the world of technology) running my own business, or something similar. Would an MBA/MD or DO degree allow me to do this? I've seen previously some people post that this is the "wrong reason" to do an MBA/MD(DO), just wondering why some may see this?
 

theduke

Brilliant rocket surgeon
7+ Year Member
15+ Year Member
Joined
Feb 6, 2004
Messages
623
Reaction score
0
You don't neet an MBA to run a business. MBA's are for consulting/finance types moving up the ladder. Look at the three richest tech entrepreneurs (Gates, Dell, Ellison). None of them have college degress. MD/MBAs are useful within their own domain but not for a side business in another field.
 

Primate

Senior Member
7+ Year Member
15+ Year Member
Joined
May 13, 2003
Messages
697
Reaction score
4
MBAs are certainly not just for consultants and financiers - anyone interested in management could potentially benefit from one. It certainly is not necessary to start a business, but can be useful in any number of other fields and areas of specialty (operations, marketing, strategy, HR, and so forth). My B-school class is now employed in positions ranging from non-profit to I-banking, operations to business development.

The MBA is neither a ticket to wealth nor a degree as specifically useful as you suggest. It is simply another tool to use in a wide variety of areas. It is hardly essential in any job, but in a few it certainly does make things easier. All depends on what you want to use it for.

As for the suggestion that it's not useful because some VERY rich people don't have one, that's a bit of a stretch. While many entrepreneurs do not have MBAs (again, not required), many others do, as do many of the management upper echelons who do quite well for themselves. Money isn't the best measure of the degree's value.

Just my tuppence.
P
 
Top