Wednesday, August 29, 2012

For MBA Startups, High Potential, Mixed Results

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MBA Express

Aug 29, 2012

This Week's Top Story

This Week's Top Story - For MBA Startups, High Potential, Mixed Results

For MBA Startups, High Potential, Mixed Results

Five years ago, seven teams from top schools won the most prestigious business plan competition in the land. Where are they now?

More Top Stories

Female B-School Deans Bring Ethics to Campus

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College Tuition's 1,120 Percent Increase

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There are ways an interview can go horribly wrong that go well beyond spinach in your teeth. Read our list ... and don't let this happen to you

Mastering the Context

Terrific leaders know that "if you want to lead people, you've got to enter their world"

To Expand Its Economy, India Needs MBA Talent

To sustain the country's goals for growth by 2050, B-school grads are key

Favorite Professors

Favorite Professors: Virginia Tech's Donna Wertalik

Years of real-world marketing experience helps this professor bring business into the classroom

A Day In The Life

A Day In The Life: Owner of La Tour d'Argent

As the owner of a Michelin-starred restaurant, this INSEAD MBA grad's daily routine is far from ordinary

GMAT Tip: What Is Enough?

When it comes to data sufficiency questions, look out for this trap

Getting a Head Start on Becoming an MBA Entrepreneur

A Q&A with Timothy Faley, managing director of the Zell/Lurie Institute for Entrepreneurial Studies at the University of Michigan

B-School Highlights: Aug. 24

A new executive program at Haas, two new specialized degree options at Simon, and 23 students from ESADE head to Israel to experience "startup nation"

B-School News Roundup

Four things that should be on every MBA's packing list, Tuckies on ice, and the tough business of B-school

Making the Most of Your MBA

A few tips on how to take advantage of your MBA experience

B-School Twitter Roundup

New case studies at Kellogg, a new entrepreneurship effort at Stanford, and the class of 2012 arrives at Harvard

B-School Photo of the Week: Stanford

The Schwab Residential Center on the Stanford business school campus features a pear orchard, a sun deck, a waterfall-and yes, palm trees

Blog: Business School, Explained

Check out our video blog for tips and expert advice on choosing the right B-school and making the most of your time there

Business School Forum

Connect with fellow students and recent alumni of the MBA program you're about to start, and start networking before you arrive on campus

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This week in MBA Express

Dear Reader:

If there's one subject that excites the passions of both B-schools and business students it's entrepreneurship. In the last few years, entrepreneurship coursework, business plan competitions, and interest in launching startups has exploded. But as Victoria Black reports, it's a hard row to hoe, even for the most promising startup ideas.

Victoria tracked down the winners of the 2007 Rice Business Plan Competition to find out what happened to the startup ideas that won over the judges. She discovered that after five years (albeit some of the most difficult years on record for the U.S. economy) more than half of these very promising businesses had shut down-a figure that's roughly in line with previous competition winners and with startups more broadly.

So if your chances of making a go of it are no better than the odds your first novel will be a blockbuster, why all the excitement about entrepreneurship? No doubt there's something to be said for building a business from scratch, and being your own boss. There may even be something ennobling about failure. I just hope all these young men and women who are taking the road less traveled understand what may await them at the end.

Louis Lavelle, Business Schools Editor, Bloomberg Businessweek

Louis Lavelle

Louis Lavelle
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