Cookie Preference Centre

Your Privacy
Strictly Necessary Cookies
Performance Cookies
Functional Cookies
Targeting Cookies

Your Privacy

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences, your device or used to make the site work as you expect it to. The information does not usually identify you directly, but it can give you a more personalized web experience. You can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, you should know that blocking some types of cookies may impact your experience on the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site may not work then.

Cookies used

ContactCenterWorld.com

Performance Cookies

These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies, we will not know when you have visited our site.

Cookies used

Google Analytics

Functional Cookies

These cookies allow the provision of enhance functionality and personalization, such as videos and live chats. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, then some or all of these functionalities may not function properly.

Cookies used

Twitter

Facebook

LinkedIn

Targeting Cookies

These cookies are set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant ads on other sites. They work by uniquely identifying your browser and device. If you do not allow these cookies, you will not experience our targeted advertising across different websites.

Cookies used

LinkedIn

This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, assist with our promotional and marketing efforts, and provide content from third parties

OK
BECOME
A MEMBER
TODAY TO:
CLICK HERE
[HIDE]

Here are some suggested Connections for you! - Log in to start networking.

Benefits of Going Back to Business School to Support Your Entrepreneurial Dreams - Lewis Robinson - ContactCenterWorld.com Blog

Benefits of Going Back to Business School to Support Your Entrepreneurial Dreams

With stories of entrepreneurs dropping out of college or high school to pursue the development of their great big idea being pervasive throughout society, you may be asking yourself if getting a college degree is really necessary. The process of becoming an entrepreneur seems pretty straightforward from the outside: come up with an idea, pitch the idea to secure investments, and after following through with your business plan, you become a success. The reality of entrepreneurship is much different: almost half of new businesses fail within their first five years across all industries. The statistics are even grimmer after the first ten years: about 70% fail. But, why? Well, the creation of a business plan that will succeed can be a lot harder than it seems. Even with a great idea, as an entrepreneur, you might need to have the business knowledge backing up that idea to make sure that no matter what happens, whether it's a recession, production delays, or bad publicity, you have backup plans and business instinct to know how to react. So where do you find this knowledge and support? A great option for many is going back to school to get an MBA.

Utilize Academic Preparation 

So you have an idea that you think will make you rich, but what next? Getting your MBA can give you the insight necessary to know what the next best step is for your company. You may be thinking that you don't have the capital for your idea, so how would you pay for school? Well, student loans are an investment in yourself and your ideas. While getting an MBA is not a requirement, it can offer some benefits that could ensure the success of your big idea. Running a company includes marketing, accounting, and daily operations that are not always intuitive, and going back to school can point you to the right materials to learn all about this. In business classes, you also review real-life cases that can provide even more insight into the realities of running your own business. You even have the benefit of learning from other businesses' mistakes, so you do not have to make them yourself to learn the lesson. And it is not all about time in the classroom, programs also offer you pragmatic experiences as well. 

Find Mentors

Finding mentors through internships and classes can have a lasting effect on how successful you are as an entrepreneur. These mentors offer you free advice from their many years of experience that can be integral in creating a successful business plan. Gaining an MBA allows you access to an environment of collaboration that is promoted by skilled faculty and staff. Most programs also offer guidance programs where you establish a personalized relationship with a faculty member who is there to give you guidance even after graduation. 


Sponsor message - content continues below this message

2022 '17th annual' Global Contact Center World Awards NOW OPEN

Enter your Center, Strategy, Technology Innovation, Teams and Individuals into the ONLY TRULY GLOBAL awards program - regarded by many as being like the Olympics for the Contact Center World! Join the best from over 80 nations and compete for the most prestigious awards out there!

FIND OUT MORE HERE


Content continues ….

Analyze and Test Your Ideas

While in school, there are many opportunities to get your idea reviewed by peers and professors. There are even competitions available that, if won, can even provide money as well as recognition for your idea. Even if you don't win, getting feedback can be extremely beneficial when creating something that survives. 

Build a Network

Not only do you have access to mentors in a business program, but you also meet peers and alumni and build a network of like-minded individuals that can assist you in building your company and career. Not only classmates but academic organizations like clubs can offer you a space to meet and mingle with your peers to create relationships that can potentially pay off down the line. Making connections during your MBA program could lead to your new co founder or inventory specialist. 

While returning to school may seem like a daunting task, the benefits can lead to the long-term success of your company. Preparing yourself to become an entrepreneur is just as important as coming up with a great idea because having the knowledge of how to run, manage, finance, and market a business could save your business one day. 

Publish Date: September 2, 2021 12:30 PM

About us - in 60 seconds!

Industry Champion Award Leaderboard

Most active award (top 10) entrants in the past 48 hours! - Vote for Others / About Program
Submit Event

Upcoming Events

The most important day of the year for the CC & CX industry in the world!

We are proud to announce the winners of The 2022 '17th Annual' Global Top Ranking Performers Awards, The World's Most Prestigious Awards in the industry! Read More...
 694 

Newsletter Registration

Please check to agree to be placed on the eNewsletter mailing list.

Latest Americas Newsletter
both ids empty
session userid =
session UserTempID =
session adminlevel =
session blnTempHelpChatShow =
CMS =
session cookie set = True
session page-view-total = 1
session page-view-total = 1
applicaiton blnAwardsClosed =
session blnCompletedAwardInterestPopup =
session blnCheckNewsletterInterestPopup =
session blnCompletedNewsletterInterestPopup =