entreprenuer

As an entrepreneur, the biggest challenge you face right out of the gate is raising money for the first time. It’s not easy to get investors to put their money and their faith in you. Sometimes, an angel investor is generally not investing in the business or the idea. They are investing in you. Convince them that you are the right person to do the job, and gain their trust is the most important thing.
Entrepreneur finishes college and enrolls in an MBA program
This is a good way for entrepreneur to enrich himself with more professional business administration training. From the MBA program, entrepreneur will learn more about business starting, running, and growing. Knowledge is power. And it gives the entrepreneur confidence to take risks and move forward. For entrepreneurs, before learning the how-to of business, it matters most to know their business idea well, rounding out their knowledge base, down to the core and to commit to it.
Also, the networking connection is one of the most valuable benefits of an MBA. The entrepreneur could get some valuable experiences from others in the program.
On the other hand, enrolls in an MBA program is sure very costly. There are some opportunity cost problems. Maybe investing precious money that could otherwise help in setting up the business is not desirable.
Also, two years of MBA will not always benefit a budding entrepreneur; there are areas of study that are irrelevant to the point of running a successful business.
Entrepreneur receives $200,000 from his parents to support his business activities
The $200,000 support from his parents will definitely increase entrepreneur’s working capital. The more working capital may gain more trust from the angel investors. But it’s not a long term backup.