Tech billionaire Joe Liemandt argues against pursuing an MBA, advocating for hands-on experience over traditional education. Liemandt founded Trilogy Software and ESW Capital, emphasizing real-world knowledge. He believes entrepreneurs change the world by creatively solving problems, contrasting with MBA graduates who may overanalyze and not take risks.

The cost of top MBA programs, like Harvard Business School, can reach $250,000 for a two-year program. However, median salaries for HBS graduates in 2025 were $184,500 plus a $30,000 signing bonus. Despite the expense, an MBA remains a popular choice for 40% of Fortune 1000 executives for its soft skills and adaptability.

Notable business leaders like Steve Jobs, Bill Gates, Michael Dell, and Mark Zuckerberg achieved success without MBA degrees. Jobs famously dropped out of college, attributing his success to taking risks. Liemandt’s stance challenges the value of an MBA in a world where experience and innovation are highly prized. 1. The U.S. economy added 943,000 jobs in July, exceeding expectations. Unemployment rate dropped to 5.4%, the lowest since the start of the pandemic.

2. Tropical Storm Fred made landfall in Florida, bringing heavy rains and strong winds. Thousands were left without power as the storm moved inland.

3. Pfizer and Moderna announced plans for COVID-19 booster shots, citing waning immunity over time. FDA approval is pending for third doses starting in September.

4. The Tokyo Olympics came to a close with the U.S. leading in total medals. Simone Biles returned to competition, winning bronze on the balance beam.

Read more at Yahoo Finance: Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur