"When asked by podcaster Codie Sanchez if people should get an MBA, Joe Liemandt promptly said "no." "That's an easy one for me," said the Trilogy Software and ESW Capital founder. "There's nothing on the business knowledge that you're going to come out of there that is a fraction of what you would get from building your own thing for that two years.""
"To be sure, Liemandt isn't much of an academic-rather someone who values real-life experience. He attended Stanford University for undergrad, but dropped out to start Trilogy Software in 1989, which quickly became a major player in enterprise software, focused on product configuration and sales automation. At its peak, Trilogy achieved annual revenues around $120 million and launched successful spinoffs including pcorder.com, which went public during the dot-com boom."
Two-year, in-person MBA programs have long been valued for learning, idea development, and networking. Practical, hands-on entrepreneurship can deliver concentrated business knowledge and real-world experience that may exceed classroom instruction over the same period. An entrepreneur left Stanford to found Trilogy Software in 1989; the company focused on product configuration and sales automation, reached roughly $120 million in annual revenue, and launched spinoffs such as pcorder.com. The founder later shifted to ESW Capital to acquire and rehabilitate struggling software companies. Trilogy University provided intensive on-the-job training for new hires and influenced similar programs at Google and Facebook.
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