Entrepreneurship is a dirty word for many MBA candidates. Synonymous with extreme financial distress, entrepreneurship for many MBAs is a deep chasm of despair, particularly considering the high debt load that most MBAs have post-graduation. These attitudes and misconceptions have hurt MBA grads instead of helping them.
Which parent hasn't heard the names Steve Jobs and Bill Gates thrown back at them as they urge their offspring to stay in school? Add to that list Richard Branson, Michael Dell and Larry Ellison. Taking this argument to the extreme is Peter Thiel, a co-founder of PayPal, whose foundation pays students to drop out of school to launch companies.