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PR Newswire
02-03-2014, 11:27 PM
Someone asked about where's the best place to study business.
The best place to learn about business is to run your business.
While universities let you have a preview of what's out there and what are the good business practices,
you hardly learn anything really useful.
Some managers/executives can be highly successful when given ample resources to carry out their designated, specialized job within the organization. But left to run their own firm, would not survive a single day. That's the drawback of working in a large multinational company, the job requires very specialized skills, such that a person may not fully appreciate what really makes the business tick.
Sometimes it makes very little sense to venture out when a person has a stable job, decent pay. Cost of starting a business is quite prohibitive in Singapore as well. A basic F&B franchise start up will cost hundred(s) of thousand(s) of dollars. I am strongly for people starting their own business.
The best place to learn about business is to run your business.
While universities let you have a preview of what's out there and what are the good business practices,
you hardly learn anything really useful.
Some managers/executives can be highly successful when given ample resources to carry out their designated, specialized job within the organization. But left to run their own firm, would not survive a single day. That's the drawback of working in a large multinational company, the job requires very specialized skills, such that a person may not fully appreciate what really makes the business tick.
Sometimes it makes very little sense to venture out when a person has a stable job, decent pay. Cost of starting a business is quite prohibitive in Singapore as well. A basic F&B franchise start up will cost hundred(s) of thousand(s) of dollars. I am strongly for people starting their own business.