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As any student of business school will tell you, the classroom is just about learning about finance, management, and client relations. But for everything that is taught in your coursework and on your final paper, there are a host of other people who know more than our professors.
For example, they don’t teach us how to negotiate a salary when starting out on our first job offer. They also skip over the importance of networking and hiring specialists-in-training to get ahead in our industry. And perhaps most importantly, there is absolutely no advice in our textbooks about what to do after graduation. In this article, I present some of the more important things I learned before and after business school.
1) Starting a startup is hard, especially for non-technical founders
Generally speaking, it is much easier to start a business if you are not the technical founder. If the idea has very complicated technical requirements then it might take you longer than your competitors from other disciplines.
However, if your idea has no technology or science at all then chances are you have an advantage over your competitors from computer science or engineering.