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Will studying global business strategy help me if I am looking to create my own startup company?

I am interested in one day opening my own firm or startup. I would like to be prepared and am not sure what i can do to get on that track. #business #startups


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Vikas’s Answer

Absolutely. Because even though you may start a company initially at the local level, you can go through SBA (Small Business Administration) to help you in setting up a local company with the county, state laws where you are. However if you start growing the company in leaps and bounds then your study on global business strategy will definitely help you in growing that business as will be able to ask intelligent questions with the authorities.


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Amarendra’s Answer

It helps, but more that global business study, your idea matter a lot. It all depends on supply and demand theory. If the problem that your startup solves has many demands in global market, it definitely be useful to have a global exposure and having a global business studies gives a lot of edge.

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Andrea’s Answer

I think it's useful to take an international business class even if you intend to keep your startup local. As many perspectives as you can possibly get on business strategy and innovation will help you to make the best possible decisions for your business.


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Kevin’s Answer

I couldn't hurt, but you should also immerse into the startup ecosystem. I know plenty of MBAs who've made ineffective CEOs. Of course, it depends on what kind of company you want to create but the startup experience can only be understood by actually working at a startup.

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