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Stock impact report

Why An M.B.A. Is A Mistake For Most Small Biz Owners [Forbes]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Forbes
T wenty-five years ago, after leaving his job as a Senate staffer, Alan Pentz spent two years earning an M.B.A. from the McCombs School of Business at the University of Texas at Austin. He went on to build the Corner Alliance into a $35-million-in-revenue government consulting firm and recently stepped back from running it day-to-day to launch The Owner Institute , a coaching firm for other small business owners. Today, the 52-year-old Pentz offers this free advice to would-be entrepreneurs: Don't waste time like I did, earning an M.B.A. The best business education, he insists, comes from actually running a business, learning from mistakes, managing cash flow and employees and getting advice from people who've been there. Fellow McCombs M.B.A. alumnus Liz Picarazzi, also 52, agrees the stuff she learned in class hasn't helped much in her current business, CITIBIN , a Brooklyn-based maker of rat-proof outdoor trash bins, or at her previous startup, a handyman company, which she st Show less Read more
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