Why NOT having an MBA is an advantage for starting your first business

by Marianne Cantwell on April 16, 2010

Most people who never start a business do the following:

  • They wait until every element of their new idea is perfect. Until there is an answer to every potential problem.
  • They tinker with their idea on paper rather than in reality.
  • They wait until their business plan is worthy of a Harvard MBA. (Sometimes they decide they can’t get started unless they have an MBA. So they give up).

That’s rubbish.

If you are like most employed-all-your-life people, the projected completion date for the above is about 3 weeks after never.

Here’s the good news: this sort of perfection-planning is not necessary. Worse, the old-style business-buzz-word-heavy overplanning is not just pointless, it will put your new Free Range work-for-myself life at a severe disadvantage.

Marketing and business author (and all-round ideas guy) Ian Sanders has a solution: Unplan your business idea.

Ian is an in-demand consultant and thinker, well known for turning conventional work and marketing theories on their head. He has a free Unplan e-book that is spreading around the internet like unplanned wildfire.

I love Ian’s work, so I convinced him to talk to you about what his solutions mean for people who are considering doing their own thing for the very first time.

In this short video I interview Ian about the power of saying no to the myth that you need a plan for every step of the way, and the need to say yes to trying things out.

This is a must-watch for potential Free Rangers.

Marianne

PS: In the Unplan and Free Range spirit, halfway through Ian decided to start interviewing me on my take of what this means for career changers. Watch the power of unplanning in action!

Drop us a comment below to let us know what you think (don’t overthink your comment, just unplan it!)

  • Love this concept of "unplanning" - it's great!
  • Marianne, I do believe you're developing an accent. I think this is a sure sign you've spent too long in that cold place and need to visit that nice sunny places with real beaches a little more often.
  • Thanks Heath! Well it's turning into summer over here, so the opposite will soon be true. Good thing about being Free Range these days is the ability to work in different locations... providing the planes get started again!

  • One downside of Unplanned Free Ranging is hair. This video could be subtitled: 'Why to Brush Your Hair in the Morning in case a Marketing Guru Points a Video Camera At You.'

    The things I do to bring you great content...

    Marianne

    (I'm talking about me of course, not Ian. Ian's hair is awesome)
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