Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur

Core Viewpoint - The value of obtaining an MBA is questioned by tech billionaire Joe Liemandt, who believes that real-world entrepreneurial experience outweighs formal education in business [1]. Group 1: Entrepreneurial Perspective - Liemandt emphasizes that entrepreneurs possess a mindset focused on changing the world, contrasting with MBA graduates who may overly rely on data analysis and spreadsheets [5]. - He argues that entrepreneurs are more creative problem solvers, willing to adapt and change circumstances to achieve their goals [6]. Group 2: Educational Experience - Liemandt's own educational journey included dropping out of Stanford to start Trilogy Software, highlighting a preference for practical experience over academic credentials [1]. - Trilogy Software, founded in 1989, became a significant player in enterprise software, achieving annual revenues of around $120 million at its peak [2]. Group 3: Training Initiatives - The establishment of Trilogy University, an intensive training program for new hires, reflects the company's commitment to on-the-job learning, influencing similar initiatives at major tech firms like Google and Facebook [3]. Group 4: MBA Program Costs - The rising costs of MBA programs, particularly at top business schools, are noted, suggesting a growing financial burden for prospective students [6].