Fastforward to October 4, 2012

I’ve been in the MBA program for approximately 4 months and have certainly seen the benefits. What are the biggest lessons I have learned so far and what advice can I offer entrepreneurs?

  1. Take every opportunity that comes your way: You never know who you may meet at a party, in a restaurant, on a plane, in a law office, etc. Talk to as many people as you can. And even if you think they won’t know about your product, they might know someone who does.
  2. Don’t just ask questions. Ask the RIGHT questions: You may think you know the problem you’re trying to tackle. And you may think you’re receiving confirmation in your assumptions by interviewing potential customers. But if you let your preconceived motion skew your questions, you may unknowingly lead yourself to create the wrong product the first time around. Trust me on this…
  3. Practice, practice, practice: Know your pitch inside and out. And craft your pitch to fit different audiences. The pitch that works for a customer many not be the same pitch you need for an investor, a mentor, family, etc.

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