NEVER make an MBA your co-founder

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 195

  • @StartupClubTV
    @StartupClubTV  8 місяців тому +17

    What's your experience with business majors?
    Skip the MBA. We can teach you to run Financial Modeling yourself. ► yt.slidebean.com/3by

    • @OnuorahJohnpaul-b5k
      @OnuorahJohnpaul-b5k 8 місяців тому +1

      Can you make a video on how to market your startup yourself?

    • @cheesedust-n3w
      @cheesedust-n3w 7 місяців тому

      You hit the nail on the head here. I'm an engineer with a product background who learned the finance, legal and management side as the startup grew and raised subsequent rounds. Not enough to be an expert but enough to hire ones. I teach at an entrepreneurship class at University now (4th year students) and the most startling realization that MBAs don't make for good founders was when I guest lectured an MBA program with about 50 students. I asked the class how many were interested in starting a business and not a single hand went up!

    • @OnuorahJohnpaul-b5k
      @OnuorahJohnpaul-b5k 7 місяців тому

      @@cheesedust-n3w are you looking for a project manager for your startup? 😁

    • @cheesedust-n3w
      @cheesedust-n3w 7 місяців тому

      @@OnuorahJohnpaul-b5k I appreciate the directness of this question but I should've said company and not startup because it went beyond the "looking for PMF" phase and had an actual scalable business model that was profitable :). I think the uni thing should've hinted it though because I haven't worked there for years!

    • @OnuorahJohnpaul-b5k
      @OnuorahJohnpaul-b5k 7 місяців тому

      @@cheesedust-n3w are you a full stack dev?

  • @Viviko
    @Viviko 8 місяців тому +262

    Marc Randolph, co-founded of Netflix, said once in his livestreams: “Technocsl people don’t want to build your idea. They want to build their idea.”

    • @nikhilsharma2236
      @nikhilsharma2236 7 місяців тому +13

      Wats technocsl

    • @vijaz5559
      @vijaz5559 7 місяців тому +3

      Huh? Techno what?

    • @iamtheguitar
      @iamtheguitar 7 місяців тому +1

      Technodjs?

    • @swankypant3639
      @swankypant3639 7 місяців тому

      @@nikhilsharma2236technical?

    • @CPTZK11
      @CPTZK11 3 місяці тому

      These acronyms have gone out of control 😂😂😂😂

  • @khaldonevans4295
    @khaldonevans4295 8 місяців тому +153

    Very good video. When I got my MBA, I founded a company that then failed. Worked as a PM at a startup for 7 years. Founded new startup that is doing great.

    • @Vrippe
      @Vrippe 5 місяців тому +1

      program or project manager? And how did that help you become sucecssful?

    • @khaldonevans4295
      @khaldonevans4295 5 місяців тому

      @@Vrippe PM is for product manager. It helped me because I learn how to talk to customers and understand their needs so I can better guide the team to build the right product.

    • @skyhappy
      @skyhappy 3 місяці тому

      @@Vrippe probably product manager. project managers are not common in tech

    • @Danilio.
      @Danilio. 14 днів тому

      .

  • @systemofthebrowns7477
    @systemofthebrowns7477 8 місяців тому +88

    I'm an Engineer who ran a startup for more than 4 yrs developing engineering products for clients. I'm now in an MBA program, I can approve this. MBAs make decisions on probabilities. Engineers work on ways to derisk that decision.

    • @coptimal
      @coptimal 7 місяців тому +1

      Neither sell very well. In my opinion.

    • @XtergoBlue
      @XtergoBlue 4 місяці тому

      Terrible definitions

    • @skyhappy
      @skyhappy 3 місяці тому

      Can you elaborate on "MBAs make decisions on probabilities. Engineers work on ways to derisk that decision."

  • @eomoran
    @eomoran 7 місяців тому +48

    People forget the A in MBA stands for administration. Obviously they’re better at maintaining then building.

  • @Nolimit276
    @Nolimit276 8 місяців тому +72

    Wow seeing someone that’s in tech be so charismatic on camera and be able to articulate ideas the way you do is rare! Thank you bro.

  • @DannyBoy443
    @DannyBoy443 8 місяців тому +35

    This is TOP SHELF advice to a "T". I was the marketing/business co founder of a tech startup back in 09 and my co founder knew about 5 high level languages and built the site. We fought later on about our service but I got into coding (mostly during the pandemic but also before) because I saw him leave and start something else, because he simply COULD. He started coding it on the side and went on w/ out me. So it sucked until I started getting interested in coding myself.

  • @dahcrown
    @dahcrown 8 місяців тому +33

    I completely agree, I worked for a startup that lacked both the technical and Marketing background to build a product. In the end, I was largely underpaid to both code and run project management. Whilst trying to cover up their previous hiring decisions.

  • @emmanuelben1393
    @emmanuelben1393 8 місяців тому +80

    This channel should have been existed like 5 years ago. I love the good work educating founders like this for free.

    • @StartupClubTV
      @StartupClubTV  8 місяців тому +3

      Haha well, it kind of existed at youtube.com/@slidebean.
      We just (hopefully) got better at making videos.

    • @ancientburner
      @ancientburner 8 місяців тому +1

      @@StartupClubTV This video from a visual standpoint is engaging! High quality production! From the motion graphics, visual representations, and talking head video quality/lighting. Great editing.

  • @shantanubapat6937
    @shantanubapat6937 8 місяців тому +20

    MBA degree trains you to be a manager( bureaucrat ) to run big companies. Big companies hire from top mba school mainly for bureaucrats and those who can create fancy presentations wearing suits ( consulting ) or those who can scam investors wearing suits ( think Goldman Sachs). An entrepreneur will never do an mba and would rather use the money they would have spent on degree to start a business.

    • @Leon-cm4uk
      @Leon-cm4uk 7 місяців тому

      I would not agree that consultants are always bad. There are different types of consulting. Consulting in the financial area in the area of law or in IT is possible and a good thing if the goal of the consultant is to build up knowledge in the team in the company he/she is consulting in and train the people in that area to later on be not longer needed if he is doing a good job. And that process takes several years if it is a complex working environment.

  • @WorkWise-2024
    @WorkWise-2024 8 місяців тому +75

    I notice a lack of understanding here. MBA programs aren't designed to train people to become founders, but instead to equip them with skills for various business roles such as management, finance, and leadership within existing organizations. You typically need an MBA during the growth and expansion stage of business development. This is when the business requires strong management, strategic planning, and financial expertise to scale operations efficiently and effectively.

    • @StartupClubTV
      @StartupClubTV  8 місяців тому +34

      “MBA programs aren't designed to train people to become founders, but instead to equip them with skills for various business roles such as management, finance, and leadership within existing organizations.”
      >> exactly!! And yet, MBAs with no product skills are one of the most common founder profiles we see.
      - Caya

    • @tommykaira7619
      @tommykaira7619 8 місяців тому +6

      You literally just explained the problem with MBA’s. That’s what they’re supposed to do, but seemingly fail for people who have them, or do not contribute anything meaningful to the entire process of having a start up. And the fact that you needed an MNA when a company is already up and running means that you’re just a cog and a machine and you don’t add any additional value towards the company or its shareholders.

    • @WorkWise-2024
      @WorkWise-2024 8 місяців тому +9

      @@tommykaira7619 Your lack of understanding regarding the concept of 'value' is evident, as reflected in your unfiltered comments

    • @realnapster1522
      @realnapster1522 7 місяців тому +6

      Whatever B school teaches can be learnt by reading some management books. MBA is most overrated degree and one of the reasons why there are so many bean counters in major U.S. companies. MBA brings no value. Actual business experience is more valuable than any MBA.

    • @WorkWise-2024
      @WorkWise-2024 7 місяців тому +2

      ​@@realnapster1522 Someone feels envious seeing MBA graduates' significant financial success.

  • @CreatingCreations
    @CreatingCreations 8 місяців тому +38

    Not much experience with MBAs, but almost all the bachelors of business people I’ve met are the type that would be destructive to anything productive. They tend to have an enormous amount of self esteem while having very few useful skill sets. And since a bachelor’s of business is so easy to get, the tend to have zero grit, and will literally give up the second anything gets difficult.

    • @jensenraylight8011
      @jensenraylight8011 8 місяців тому

      the only move they know is cost cutting,
      when it's the only move you know, then everything become a liabilities.
      the only thing that they care about is the profitability,
      and profitability can be easily achieved if you fire your highest performing employees,
      cheapen out on material, ignoring safety and destroy all of the values that makes your product valuable in the first place
      just like how intel, Boeing, or IBM completely gutted and had all of the value flushed out
      into becoming a hollow company
      Investors like MBA, Accounting & Finance CEO, because they can show result fast,
      because they only care about stock price, just pump it high, then quickly exit, before it got dumped hard.
      but they show result by throwing away all of the Goodwill that exist in the companies that took 20+ years of trust building,
      and it will always end up disabling the company, and make them lose the competitiveness
      in the end, the company that they lead will become a scammy company

    • @Sololeveler344
      @Sololeveler344 8 місяців тому +2

      I like your comment i am a business major . Recently about to be a new graduate. The reason this happens is that there is just no way to adjust to the real world big boy/girl job. College doesn’t teach what we are going to do in the workplace. It teaches us what that curriculum says we are going to do in the workplace. It quite common that it happens to me. Usually i get blocked but i breath relax and push through. Never been a good grade scholar. So whenever i am now at a big boy job it takes a long day or a week to solve something that i was never teached, learned or anything in between for what that company actually wants only the company i work for can teach me.

  • @shahryarkabir
    @shahryarkabir 6 місяців тому +1

    MBA co-founder here! Couldn’t agree more! MBA mindset is more handicap than an asset and the only reason I overcome it, to the extent I do, is due to engineering humility and willingness to unlearn and then relearn. Put another way, the rigidity and presumptuousness always working at scale makes it harder to be a good systems thinker which involves design, flexibility and appreciating the enigmatic nature of time. Most importantly it requires truly understanding the currency of trust. Not the kind that involves trusting your associate to get a spreadsheet completed correctly. The kind that allows you to make mistakes together (sometimes really big ones) and keep going because you’re going to grind it out no matter what.
    MBAs are generally good at standing on someone else’s shoulders and shouting “look how high I got!” Founders are mostly at base camp, staring up at the mountain trying to figure out what new climbing gear they need to build in order to traverse the next 100 ft.

  • @FaruhPaerhati
    @FaruhPaerhati 8 місяців тому +8

    One of the best explanations for one of the biggest counter-intuitive learnings founders go through.

  • @MSE9107
    @MSE9107 7 місяців тому +2

    Great point but I think a good mba and the training can be very beneficial for certain people. Not necessary for founding a startup, but it goes a long way to have great business sense

  • @feliz530
    @feliz530 8 місяців тому +9

    Love this! But the title should probably be “Never make a non-technical MBA your co-founder” like you hinted at the end. While going to Sloan, I met a lot of ex-software engineers and PMs who took their technical background from Amazon, Google and Microsoft to start awesome startups that are doing great! But otherwise, I agree 😅

  • @1337b3nnyvav00m
    @1337b3nnyvav00m 7 місяців тому +2

    Interestingly enough big tech has put the lead engineer and business person (product manager) on equal footing when building products. They adopt a lean mindset focusing on delivering value in increments, while the product manager performs stakeholder analysis, and market research to define what the customer wants.

    • @1337b3nnyvav00m
      @1337b3nnyvav00m 7 місяців тому

      Business people can think lean, it’s mainly a shortcoming in business education but there are tracks and specialized MBAs that are intended to train agile product leaders. My dad’s a principal SDE and when I asked him about PMs since I’m interested in it he flat out told me a good PM is invaluable and he’s shipped products he doesn’t know how he’d ship without the PM but many PMs held him back.

    • @1337b3nnyvav00m
      @1337b3nnyvav00m 7 місяців тому

      I agree. If you’re co-founding with engineers as a business person y’all need to be on equal footing with the business and engineering side. That’s how you succeed.

  • @spol
    @spol 8 місяців тому +83

    All the MBAs like "Damnit I just wasted my time."

  • @Atemosta
    @Atemosta 8 місяців тому +8

    I love the visuals as always - especially the one with the venn diagram of good coders vs entrepreneur and the pie chart with the clear equity split.
    I kind of always undervalued my skills as a coder when asked to collab with talented friend with a clear idea and roadmap for a product, but now I feel more confident being able to hash out what skills we require to be a successful team :)

  • @breechcomet9724
    @breechcomet9724 8 місяців тому +5

    The quality of this vid this guy is going to the top ngl. Subbed!

  • @fernandolavado1634
    @fernandolavado1634 7 місяців тому +1

    my MBA partner loves talking about ideas projections deals products but they don't have the stress tolerance and the flexibility required for early stages nonetheless, he's emotional support has been priceless. maybe that's something we are overlooking or maybe that's something not needed in the startup world?

  • @eastafricannomad
    @eastafricannomad 8 місяців тому +5

    MBA folks are helpful when there’s already a repeatable working business model running NOT when the search for one is happening (world of startups)

  • @DannyBoy443
    @DannyBoy443 8 місяців тому +3

    I will say though, age matters too. Building (& selling, moreover) something that younger or older people use (respectively) is easier or harder w/ age. For example building Tik Tok when you're older, mostly because you just don't know your market and what they want to use, is not easy. Nor is it easy to build a strong simple to use helpful utility for a dealership or some other business, if you haven't been in a few different businesses working there to see problems to be solved. Plus I've found that B2B or even B2G (gov) SaaS needs to get "seasoned founders to take w/ them who know how to move through fast on knitting deals and services together.

    • @honkhonk8009
      @honkhonk8009 7 місяців тому +2

      I agree with this 100%. Its like how oldheads right now put a shit ton of money towards VR, even though litterally nobody in our generation gives a fuck about it LOL.
      Seriously everybody in our generation considers VR the anti-christ. They would call you a bugman if you bought an Apple Vision.
      Meanwhile im talking to my dad, and he thinks VR is the next big thing lol.
      Old people gotta understand that apps are also dead. Nobody wants to clog up their phone with bloatware anymore. Same goes for desktops.
      Young people want small efficient apps that dont give them notifications, and act more as tools rather than bloatware.
      If its gonna do bloatware shit, then it should just be online instead.
      Im not gonna download the fucking Walmart app just to shop on walmart.
      Maybe if Walmart sold their stuff on skip the dishes, I might. Maybe if Walmart sold their stuff through Amazon, I might.
      Seriously its such a large disconnect rn.

  • @EstebanGallardo
    @EstebanGallardo 8 місяців тому +4

    As a computer engineer, the problem you are describing is getting worse not better. Most of the tech startups I've had to work over the past 10 years were managed by people who asked for the moon to be delivered to them in a matter of days. The level of entitlement that people has is over the roof. They don't want to understand that some really hard work in planning needs to be done in order to complete what they want, but none of them want to be bothered to doing it. None of them. Asking them for the necessary details is as effective as hitting your head with a concrete wall. The level of sociopaths that populate tech startups CEOs is insane. At this stage, to be a sociopath is more like a necessary requirement to fund a tech startup. These are the guys who usually get funds. Not the good honest people. Only these f. monsters. The situation could be as absurd as if you were asking for a skycraper to an architect without providing any kind of information aside that the skycraper should look cool and only providing a budget of pennies and a deadline of days.

    • @hazedominance7724
      @hazedominance7724 7 місяців тому

      I'm a Junior and I've experienced this. I was told to just copy paste a website for a client and the issue was that the clients requirements didn't align well with just copy and pasting. In trying to get more info was like talking to a wall.

  • @plaverbach
    @plaverbach 7 місяців тому +1

    An MBA can raise money much easier. It might not be an MVP deal, but it is one of the most important ones. So, it may not be ideal in the first days or months, but it is important at the very next step.

  • @NeimEchsemm
    @NeimEchsemm 8 місяців тому +11

    Kinda related topic on choosing your studies: For me, I always wanted to do a startup, so I geared my studies for that. I've done three Msc (Soft. Eng., AI and Business strategy in that order), then immediately started building a startup... Annd yeah, with retrospective, taking lectures in business was okay-ish, I should have taken this as a part time course while building my business, or better, just learning through consultant (because the courses were so out of touch with the reality). And I'm glad I did my undergrad in engineering, rather than the opposite, or I would have been absolutely clueless on what and how to build things.

  • @tirathfaldu
    @tirathfaldu 7 місяців тому +1

    You should specifically write "tech start-up"

  • @farhan44able
    @farhan44able 8 місяців тому +5

    Okay, this is an extremely informative video that describes the entire scenario of how MBA provides an impediment for the early phases of a product.

    • @Xiosoranox
      @Xiosoranox 8 місяців тому +3

      Not just for tech either. Too many people get MBAs thinking they can just start/run a business on theory alone. This also leads to them never taking advice.

  • @MeghanBean
    @MeghanBean 8 місяців тому +4

    ENFP here, love bringing MBTI into things haha

  • @Vrippe
    @Vrippe 5 місяців тому

    Thumbs up to all of the info in the vid - this is high grade advice.

  • @michaela.178
    @michaela.178 5 місяців тому +1

    A lot of truth said. But that caption - nah. Reasonable MBA programs have "discovered" the lean startup idea a decade+ ago and some have moved beyond that idea. Entrepreneurship is one of the directions you can expect to be offered in such program and if they do, they will advertise it, so you know beforehand. Conveniently I am an MBA and I am a Computer Scientist with decades of coding experience and I would strongly consider MBAs as co-founders, just not everyone. Think of an MBA as a basket of frameworks, each supposed to give you a better start than re-inventing the wheel, each still needs to be applied correctly or ignored all together if that is appropriate. Coming from the technical direction, I can say that another MBA with a background in marketing or sales will just outperform me in these fields, at least today. However, without my MBA I would have a harder time understanding them and trusting their expertise. On the more critical side, yes, unfortunately tech experts are too often mistaken for tech monkeys for hire to build that thing :/ - not my path.
    All that said, of course I can find you MBAs who will be of no benefit to any business ;)

  • @rembautimes8808
    @rembautimes8808 7 місяців тому

    Excellent video . Deserves a video which comments on this video. I agree mostly with what Jose says , around 90%. As one who did am MBA, the first thing I had to hear was a professor telling that we shouldn’t be founder given that so much time and money was spent on an MBA. But there is an exception to Jose - small 1% exception

  • @FictionHubZA
    @FictionHubZA 8 місяців тому +11

    So basically have practical knowledge of how to make products and combine it with knowledge of how to run a business.

    • @honkhonk8009
      @honkhonk8009 7 місяців тому +1

      Also theoretical. You dont wanna dwell in the oversaturated slop that everybody else is churning out.
      You wanna have good knowledge in theoretical stuff so you can pounce on opportunities easier.
      Most "AI Products" litterally just do API calls to pre-existing software products.
      Nobody actually makes their own algos.

    • @eastafricannomad
      @eastafricannomad 2 місяці тому

      @@honkhonk8009doesn’t matter if they solve a core user problem.

  • @MilanKazarka
    @MilanKazarka 8 місяців тому

    Someone had to say these things & thank you that you did. I experienced enough founders waving pitch decks in front of my face & prototypes of apps that they got from all sorts of agencies and saying "I just need x". After a while you get fed up with that mentality. Option B is that you extract as much value from those contacts as possible - because there is at least some value. Just don't get abused.

  • @ChasingCastles
    @ChasingCastles 8 місяців тому

    Subscribed! I started coding 2 years ago and now I’m taking a masters in CS and MBA. I’m hoping to find a strong engineer from my CS or MBA program and cofound a start up with them. Currently a SWE and will continue to be a SWE while in school so will be following your journey while I go through mine! Inspiring work!

  • @Guilhfer
    @Guilhfer 8 місяців тому +2

    This is pure gold! Unfortunately I had to learn this by myself (and the title undersells the content of the video - I dont have one better, though 🤯).
    How much of your viewers (on the main channel) are from Brazil?
    It's very unfortunate that people here are not English literate, because surely this content and the work of Slidebean would be appreciated.
    What if we try a pilot dubbing the company forensic series? I think I know the right people for that! (Production and marketing-wise)

  • @neon7874
    @neon7874 7 місяців тому

    finally someone talked about this problem thx bro...

  • @cupocofi
    @cupocofi 7 місяців тому +1

    Stanford GSB and HBS crank out about 1-2 unicorns every year. So you guys are absolutely wrong. While you’re right that the god-level unicorns are not built by MBAs (you kinda need god-level nerds for that), when you go to the bulk of unicorns (those between 1-100 billions) =disproportionate numbers of them are built by Stanford GSB and HBS alumni. Think of SoFi, Sea Ltd, Grab, Gojek, Zum … I can keep going …
    Your points are good and fair BUT MBAs from the likes of Stanford and Harvard do have the leadership, resourcefulness, and networking that you can’t find anywhere else.

  • @alexandraalmeida7700
    @alexandraalmeida7700 7 місяців тому +1

    I’m studying both business and computer science so I can understand both sides

  • @Cygx
    @Cygx 8 місяців тому +15

    A lot of technical cofounders believe in product led growth, thinking that they can spend all their money on research and development and users will grow organically. The reality is that sales should account for twice the amount spent on research and development because if people don’t know your product exists, they won’t buy it.

    • @honkhonk8009
      @honkhonk8009 7 місяців тому

      Especially now. Alot of these things are already solved for. Research is more or less retarded.
      Also your not gonna get much money squeezing out minor ass optimizations from some retarded iPhone app with like barely any active users.

  • @Cofymeiquer
    @Cofymeiquer 8 місяців тому +1

    What a great video and media team! Love this type of content💓

  • @matickovac
    @matickovac 8 місяців тому

    Spot on, good content and delivery. This is a lesson I learned the hard way, too bad you weren't there a few years ago when I started building Taia. Luckily I got this sorted out and the company is now growing 🎉

  • @nat.serrano
    @nat.serrano 7 місяців тому

    Great video. You got it. I’m ENTP too

  • @iOSAcademy
    @iOSAcademy 8 місяців тому

    Strongly agree

  • @willmannel7799
    @willmannel7799 7 місяців тому

    Programmer here. Just sent this to 6 of my business buddies.

  • @shadyworld1
    @shadyworld1 8 місяців тому +1

    3:48 Ironically This Dilemma Made me a Product Manager and I have a Career out of the persuasion of resolving it 😂!

  • @JFCotman
    @JFCotman 7 місяців тому +1

    MBAs are THE BEST founders!
    In fact, venture capitalists Ali Tamasebs wrote a book, ‘Super Founder’, that discovered just that
    Namely, THE VAST MAJORITY of billion dollar valuations had more business and MBA majors (50.5%+) than techies (49.5%)
    The “school dropout = billionaire founder” myth is misleading

  • @rohan_gupta
    @rohan_gupta 7 місяців тому

    Just saw the movie on the BlackBerry story, kind of matches what you said!

  • @Skouse
    @Skouse 7 місяців тому +1

    This is an outdated or biased view of an MBA, maybe designed to get people to subscribe to his courses. There are great MBA courses that teach proper entrepreneurship approaches, for example Steve Blank's Lean Launchpad course, and connect MBA candidates with great mentors, alumni and other resources. He also selectively highlighted companies that came at the time where MBA degrees were ran the old fashioned way, but that has changed. His points on entrepreneurship are great, but the shade on MBAs is definitely a nice marketing tactic, that seems to be working given most of the comments here.

  • @PeterMoriarty_
    @PeterMoriarty_ 8 місяців тому

    Please keep creating more of these videos!

  • @Sololeveler344
    @Sololeveler344 8 місяців тому

    I have worked with 2 people who have MBAs so far the have been the worst and biggest a hole business disasters. That ever happened at the companies i worked for . They like to form a new frat group that fires old workers and keep the ones they see potential. This new one which is the 3rd she is good .( keep in mind i do not have a masters or MBA) . I remember them getting rid of people who knew key components and let just say companies are not in good margins anymore. I was laid off with severance

    • @honkhonk8009
      @honkhonk8009 7 місяців тому

      Lol I should really learn how to be a part of that frat group. Infiltrate the liberal hivemind and shit.
      Their always liberals too. Only fucking ideology that rewards you for single minded hive-thinking.
      Seriously these people are social rot. But if you can mimic their mannerisms properly and social engineer your way in, its incredibly easy to bully them into submission.
      Their usually mindless in their endeavours. They also care more about a word than its actual meaning, so you can pitch whatever you want as long as you use the right synonyms.

  • @wolfumz
    @wolfumz 7 місяців тому +1

    I have an undergraduate degee in electrical and computer engineering... IMO a lot of business programs and MBAs are participation awards. The hardest part about most MBA programs is not the material, but the fact you're working 40 hrs a week while you get your MBA.
    One of the most incompetent engineers I've ever known, had Ivy League MBA. Homeboy lost the company a million dollars on a project worth 1.5 million, due to mismanagement. The guy was astounding, the things he didn't know. But on paper, he appeared qualified.
    The said part is how many employers and managers view the MBA as a prerequisite to becoming a project manager. It "shows them you're serious" about being a PM. Most of these programs are a huge waste of time and money. I give more credit towards someone with a masters in gender studies, than half of these MBA's...

    • @honkhonk8009
      @honkhonk8009 7 місяців тому +1

      Lol yea. Thats because MBA's dont actually learn how to run an organization.
      They just read words. How can you apply something that a few years ago, was just yapping?
      I took a business course. Its litterally just common sense wrapped up in fancy words.
      In Engineering, your given the tools to solve a problem, and then your thrown off a cliff and told to solve it.
      In business courses, your just given solutions. They dont even fucking defining the problem your dealing with.
      Your taught something, but you'd don't get told what happens if you dont do it.
      You also are given next to zero chance to play around with concepts, and see what works, what doesn't, and why.
      MBA's dont produce NPC's, they just attract NPC's. NPC's dont have the common sense to look into what their taught, and realize whats bullshit and whats not.

  • @kl2991
    @kl2991 8 місяців тому +4

    What if I want to build a non-tech startup?

  • @nelsonkulture
    @nelsonkulture 8 місяців тому +2

    Yoooo, this is gonna be my hot take for the week 😂😂

  • @MortalRoomba
    @MortalRoomba 7 місяців тому +1

    In the end a MBA doesn’t give you the “entrepreneur soul” but is better to have the skills it is supposed to teach you. Saying “Zucky and Jobs left Harvard” is just survivorship bias. A college degree neither senior technical experience will ensure your success as entrepreneur. It should be a part of your whole profile. Sometimes you just need luck or a rich friend.

  • @dustinoverbeck
    @dustinoverbeck 8 місяців тому +12

    Don’t worry my fellow MBAs, he admits at 8:01 that the title was clickbait.

    • @biggeststeppa1
      @biggeststeppa1 8 місяців тому

      He did undo the admission when he said MBAs' skills don't line up with being a co-founder just a few seconds after that. You're still useless.

    • @haniojjeh6245
      @haniojjeh6245 8 місяців тому +5

      We’re saved!

    • @vincemahloko1032
      @vincemahloko1032 8 місяців тому +3

      Haha saved his butt there

  • @peter8872
    @peter8872 7 місяців тому

    I have an MBA from HBS and I agree with you! 😂😢

  • @RomediusWeiss
    @RomediusWeiss 4 місяці тому

    "We hava ll the people for the management, we are three people with a bachelors degree in business. All we need is a techie to implement it."
    The Job offering was for a "unhackable random number generator".
    Turns out it was for a "3D poker game where you can see the opponents live"
    Offer was 20% of the revenue, but capped at 15 k€.

  • @sepo3451
    @sepo3451 7 місяців тому

    absolutely agree.
    except for Mark. He´s an evil robot not a lizard.

  • @kaydanpring1305
    @kaydanpring1305 7 місяців тому

    Fantastic video

  • @MihirSanjayYadav
    @MihirSanjayYadav 6 місяців тому

    Thanks slidebean, I just fired by MBA co-founder.

  • @briankelly1240
    @briankelly1240 7 місяців тому

    Does this apply to non-tech startups?

  • @watema3381
    @watema3381 8 місяців тому

    So much free game in this video.

  • @lancesamaria8130
    @lancesamaria8130 8 місяців тому

    Great video dude! Especially min 1:49 - 2:30

  • @darrenzou2225
    @darrenzou2225 8 місяців тому +1

    Had a law major cofounder, worst mistake of my life, ditched him and started a new one.

    • @skyhappy
      @skyhappy 8 місяців тому

      Can you elaborate while you brought him on and what he did wrong

    • @darrenzou2225
      @darrenzou2225 8 місяців тому

      ​@@skyhappy He was a roommate for a semester and we became good friends, after that He went to an IVY for law and I wanted to start a company. he instantly jumped on board but was slow, narcist, and a pain in the ass.
      I did in 1 week after we split than he did in 2 straight months.

    • @skyhappy
      @skyhappy 8 місяців тому

      @@darrenzou2225 did any of his bad character traits show up when you were friends

    • @darrenzou2225
      @darrenzou2225 8 місяців тому

      @@skyhappy yep, but I was dumb

  • @mwangimukuha
    @mwangimukuha 7 місяців тому +1

    You still need MBA's my friend!

  • @EL6008
    @EL6008 7 місяців тому

    Do not confuse BComm/BBus grads with MBAs. The former took a 4 year degree. The latter is a 2-year business-lite that is nearly useless. Business grads of the right variety understand risk, modeling, strategy and knowing what they bring to the business rather than moulding the business to their talent.

  • @alexander_mejia
    @alexander_mejia 7 місяців тому

    Cool HDR content. Great video too.

    • @StartupClubTV
      @StartupClubTV  7 місяців тому

      Finally someone who likes our HDR 🫶🏽

  • @alitaghavi4430
    @alitaghavi4430 8 місяців тому

    The Databricks CEO Ali Ghodsi (one of your "MBA"s) is primarily a computer scientist with several degrees and publications to his name (including a PhD in data science). His MBA was just a "nice to have" additional degree on the side of everything else he has been doing. Ben Horowitz, might be slightly biased, but he said several times that Ali is possibly the best CEO he ever worked with. I don't think this fact takes anything away from the thesis you are making and perhaps even supports it even more. But I just think having someone who might go down as one of the all-time great CEOs (time will tell) being highlighted as the "MBA" guy is misleading ;)
    Listen to some interviews by Ali, he drops insane knowledge for entrepreneurs

  • @MarioMoschetta
    @MarioMoschetta 5 місяців тому

    What about Amazon?

  • @jimbojimbo6873
    @jimbojimbo6873 8 місяців тому +1

    They might be the worst founders but they make big money and that’s all i want!

  • @fil4dworldcomo623
    @fil4dworldcomo623 8 місяців тому

    Think, build, operate... The data you presented is indisputable, but only because MBA's were designed for running things. The gifted creatives may not need it, but they are exceptions rather than the rule. We need to reconcile this now. It is about to flip and it seems inevitable.

  • @sjhaji
    @sjhaji 8 місяців тому

    Yeah it's very specific

  • @JasonGoodison
    @JasonGoodison 8 місяців тому

    If I could +1000000 this video I would

  • @ezraantenh2947
    @ezraantenh2947 7 місяців тому +1

    Bro, this might sound harsh but who are you? Someone who has actually tread the path entrepreneurship or someone who retells the stories of people who did so. You sound like the former but I want to know

  • @chriswilfrid
    @chriswilfrid 8 місяців тому

    Love it!🎉

  • @aprildev1
    @aprildev1 8 місяців тому

    Great Video!

  • @Shravankumar_888
    @Shravankumar_888 8 місяців тому

    Especially from India

  • @user-js3eo8le2g
    @user-js3eo8le2g 8 місяців тому

    Can you pleace make a video about venture studios for startups

  • @ralphabraham2249
    @ralphabraham2249 5 місяців тому

    if you have a tech background and some business skills, YOU DO NOT NEED A COFOUNDER!!!!!

  • @hilurgazzali9222
    @hilurgazzali9222 8 місяців тому +1

    An MBA is literally a pin. I don’t know anyone that takes it seriously where I’m from except as a qualification to look qualified 😂

  • @vandanachaturvedi8876
    @vandanachaturvedi8876 8 місяців тому

    I think I'll have to acquire more skills

  • @Ewoof
    @Ewoof 7 місяців тому

    What if you have both

  • @jwolpert
    @jwolpert 8 місяців тому +2

    Ridiculous statement. But clicky, so respect.
    Don’t hire MBAs that think like the characterization of “typical MBA” you’re drawing. But don’t write off a potentially great founder ‘just because’ they happened to get an MBA once upon a time. Likewise, don’t hire engineers that think in terms of us/them and passive-aggressively trap themselves into the notion of ‘being managed.’
    Today, it’s all builders. If you’re a builder, whether you’ve come up from the engineering side or from other disciplines, being a builder is what counts.
    Also, simply being able to code is no longer the essential thing. Building just got a lot more interesting, and most anyone willing to roll up their sleeves can build.

    • @honkhonk8009
      @honkhonk8009 7 місяців тому

      With how things are going, especially with JS frameworks, I dont see these tools ever standardizing to the point your gonna have to ditch knowing code lmfao.
      I agree with your mentality that everybody should think of themselves as a builder/worker.
      MBA's however tend to have the mentality that their job is to use authority. This is incorrect.
      Management/Administration are workers whos job is to make sure Workers/Engineers are productive.
      MBA's shouldn't be surprised in those cases where they make less money than the people their managing.
      Also MBA's have the mentality that they can just hire someone to do the job for them.
      Financial shit? Lol just hire an accountant. Basic development? Just hire an swe lol.
      They dont realize that if they keep offloading the work, their just gonna end up equally replaceable.
      Its just like the 40's. MBA's gotta realize that part of the job, is learning the shit your company produces.
      Being an AI company but not knowing how backpropagation works is just delusion.

    • @jwolpert
      @jwolpert 7 місяців тому

      @@honkhonk8009You’re right that knowing code and frameworks (and most importantly, how to make things work) will remain essential. But I think it would be more defensible to say that what you think generally is an “MBA attitude” is…etc etc. I’m sure you’d agree that, whether your perception is accurate or not in the aggregate, there are plenty of MBAs that don’t demonstrate the attributes you’re laying on the whole. Just sayin’. It’s a lazy generalization not worthy of a good engineer.

  • @coptimal
    @coptimal 7 місяців тому

    UNLESS that person is FUNDING the company and went to Harvard etc.

  • @yourischijff
    @yourischijff 8 місяців тому

    Great video, you have my sub! Do you have any resources of how to start marketing as a startup. Currently marketing feels almost like magic for me and I want to try to learn it for the future. Just curious.

    • @StartupClubTV
      @StartupClubTV  8 місяців тому

      Welcome to the club! 🕶

    • @StartupClubTV
      @StartupClubTV  8 місяців тому

      Old video on marketing basics: ua-cam.com/video/k2rpBhMY0ys/v-deo.htmlsi=XTR6s71YcNMnkkI-

  • @barnabas4608
    @barnabas4608 5 місяців тому

    DOMAIN EXPERTISE DOMAIN EXPERTISE DOMAIN EXPERTISE!

  • @japan9169
    @japan9169 8 місяців тому

    Did you use an AI generated video for the in office work session

  • @xiobus
    @xiobus 8 місяців тому

    Excellent

  • @d-rey1758
    @d-rey1758 8 місяців тому +1

    It's very understandable to see where this theory is coming from. But it may be oversimplifying how diverse a start-up needs to be to succeed(depending on the definition of success). Furthermore, the theory may be forgetting that MBA, stands for Master's, meaning that it's a Postgrad, and an undergrad had to be done first. If the undergrad was a technical degree, such as engineering, computing, or programming, then this theory loses weight. In this scenario, it would still provide the start-up with an engineer, just one that was interested in learning how to communicate to business people. To take it a step further, the theory might be going off the assumption that the MBA is coming from a typical school, while there are a lot of MBA's which may fail to train students to be good co-founders, an Ivy league MBA is much more advanced and students have to gain an internship to pass. For most Ivy league MBA internships, technical skills are required such as coding and engineering, and this is just to apply.

  • @maulerXX
    @maulerXX 7 місяців тому

    The real problem is the type of person who gets an MBA and why they decide to get an MBA in the first place. Almost by definition, these are uncreative, risk averse people who go get an MBA because they don't know what else to do and want to "guarantee" a high-paying job. These people don't make good entrepreneurs.

  • @anakinskywalkerii4350
    @anakinskywalkerii4350 8 місяців тому +1

    Followed the channel. I am an MBA and I hired engineers to build the product. But I agree with the video title only half the time. Cause not all engineers are super talented to run a startup up. It applies only to the elite engineers. In the long run a start up success is due to skills other than engineering- marketing, sales and finance. Cause if great products just sold themselves then we would not need VCs. All start ups would be bootstrapped all the way to IPO or sale. Sadly after the initial product is built, it needs tons of refinement cause most engineers build low EQ products. Exceptions are there. I have provided meaningful guidance to my engineering team about customer centric design and what makes sense in the demo and sales process. Those are ah ha moments for the engineers. All said and done engineers can learn sales, marketing and finance. And all MBAs can learn UI/UX and how product development, project management and how agile works. Coding is optional for an MBA. That’s why we have engineers who can’t do their own start up. 😊 We need each other. My perspective half the time is if you have vision for the product and some product chops as an MBA, is exactly the opposite. Never part with equity with an engineer, cause you can hire the engineer. You will need the equity for scaling the product and marketing and sales anyway. Your product development start up founder usually needs a whole bunch of other skill sets to scale the start up beyond coding the initial few iterations of the product. Happy to debate. That said, half the MBAs are morons. I was one too when I started off. I have learnt more about product development along the way. Even today some of the product architecture decisions I forced on my engineering team is appreciated by them. Yep. An MBA. Zero coding skills. All those years in my previous companies filling up RFPs did give me some useful perspective on what customers actually want. Enterprise customers that is.

  • @bryanohoiledjaan2063
    @bryanohoiledjaan2063 8 місяців тому +2

    great video, but you should avoid using MBTI. Many regarded it as a pseudoscience.

  • @Tom4SEO
    @Tom4SEO 8 місяців тому

    Whats an iE eco founder?

    • @niveshk936
      @niveshk936 8 місяців тому

      i.e, a co-founder

  • @MortalRoomba
    @MortalRoomba 7 місяців тому

    The title is mostly bait and delivers with an obvious point. Even for a MBA holder, it would be foolish to involve in an industry that he/she doesn’t know deeply about. If you don’t know the tech, you cannot manage it.

  • @gasun1274
    @gasun1274 7 місяців тому

    a good company is founded by engineers and run by engineers

  • @yashnigam6
    @yashnigam6 7 місяців тому

    Learn to build and learn to sell. You don’t learn either of these things with an MBA. I know because I have one.

  • @Tom4SEO
    @Tom4SEO 8 місяців тому

    I feel like I need a key.lol. Sorry, whatsban MVP?

  • @jfox8888
    @jfox8888 8 місяців тому

    random comment, to agree
    because, Ex VMWare, now Intel CEO .... you dont need more proof than Patrick P. Gelsinger

  • @DeusExAstra
    @DeusExAstra 7 місяців тому +1

    Hard to bother watching this video when you have Elon Musk as the founder of Tesla right at the beginning. It's just fucking sad at this point that anyone is this ignorant.