Erudite Relics of Loc Huu Ho

I realize that when you first started your business you may not have thought about EVERYTHING that would be involved with running a successful business, right?

You had a passion and interest in a particular product or service that you could offer and that you believed others would want. But there’s a LOT more to running a successful business than what meets the eye.
 
Here are some very common mistakes I see my clients and others I meet making every month in their businesses. The ones who end up being successful are the ones who REALIZE this and take steps to FIX their issues.
 
What mistakes are YOU making? Read the rest of this entry »

ORIGINAL SOURCE HERE

26th March 2009

I was reading a polemic if entrepreneurs should, or not, get an MBA and I would like to put forth my idea about the matter.

We are always learning and will continue until dead. There is always something that could be improved and, to figure out, knowledge will facilitate the process.

I agree that many entrepreneurs develop their business skills with blood, sweat and tears, as I did. I co-founded two high tech start-ups and, after 25 years of “bloody times” and two companies, I decided to get my MBA.

In theory, having a couple decades of experience in running a business, I should already know almost everything about business management and development. But, actually, getting the MBA, I learned, rooted and improved a lot of processes and knowledge that I was already using, and also, I learned a lot of new things (state-of-the-art techniques, theories, new writers, new strategies, new “gurus”, and so on). I learned all that, even being a compulsive reader of everything about management, strategy, globalization and entrepreneurship, and had read hundreds of books about the matter, before deciding to return to school. Read the rest of this entry »