{"id":480701,"date":"2022-08-02T16:15:03","date_gmt":"2022-08-02T13:15:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-a-business-education-can-help-you-be-a-better-entrepreneur\/"},"modified":"2022-08-02T16:15:03","modified_gmt":"2022-08-02T13:15:03","slug":"how-a-business-education-can-help-you-be-a-better-entrepreneur","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-a-business-education-can-help-you-be-a-better-entrepreneur\/","title":{"rendered":"#How a business education can help you be a better entrepreneur"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3b75f9e6038\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3b75f9e6038\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/how-a-business-education-can-help-you-be-a-better-entrepreneur\/#%E2%80%9CHow_a_business_education_can_help_you_be_a_better_entrepreneur%E2%80%9D\" >&#8220;How a business education can help you be a better entrepreneur&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CHow_a_business_education_can_help_you_be_a_better_entrepreneur%E2%80%9D\"><\/span>&#8220;How a business education can help you be a better entrepreneur&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n                            Taking an MBA helped Blooming Soyinka refine her vision and execution of an online marketplace for African goods.\n                        <\/div>\n<div>\n                                                                        When Blooming Soyinka started her MBA at the University of British Columbia\u2019s Sauder School of Business in 2014, she already had an idea for a business she wanted to start. The native Nigerian hoped to create a \u201cWalmart for African products\u201d. \u201cI thought I was going to have a big megastore with different locations and different products from African countries,\u201d Soyinka recalls. At the time, she had been selling African products on a small scale\u2014at festivals and church sales\u2014but wanted to expand her vision.<\/p>\n<p>Embarking on a business education allowed Soyinka to do just that. Marketing classes allowed her to consider how her customers would respond to her business. \u201cWhen I started, I was like, \u2018this is what I want to do. This is what I want to serve in the marketplace\u2019,\u201d Soyinka recalls. \u201cBut marketing classes made me understand that you need to give consumers what they want, how they want, when they want it. That was a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>-changer for me.\u201d<\/p>\n<p>Group projects, such as case studies in strategy classes, allowed Soyinka to see how peers from other backgrounds and perspectives would solve the same problems differently. \u201cThe interactions amongst my classmates were very, very helpful,\u201d she says. \u201cI might have this idea of how I want to run a business, but other people can look at the same thing in a different frame of reference.\u201d Embarking on a two-week global immersion experience in Copenhagen, Denmark, also allowed Soyinka to see how businesses in another culture make decisions differently.<\/p>\n<div id=\"attachment_1238453\" style=\"width: 689px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" data-sizes=\"auto\" class=\" wp-image-1238453 lazyload\" src=\"https:\/\/www.macleans.ca\/wp-content\/uploads\/2022\/07\/image0-6.jpeg\" alt=\"\" width=\"679\" height=\"905\"\/><\/p>\n<p class=\"wp-caption-text\">Entrepreneur, Blooming Soyinka<\/p>\n<\/div>\n<p>Soyinka\u2019s exposure to a business education nudged her entrepreneurial vision in a different direction. \u201cAs I went through the MBA program, I learned how to grow lean,\u201d she says. \u201cYou don\u2019t have to get a store or be in different locations. You can operate just with the internet.\u201d She tested the waters with third-party sellers at first, like Amazon and Etsy, before launching her own website, Africa Blooms, in 2018. There, she sells African-made goods such as traditional wedding <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arel, footwear, home decor and fabric on an e-commerce website.<\/p>\n<p>As her business grew, Soyinka found herself drawing upon lessons she learned from her business education to make better decisions. For example, she realized that she had been \u201cmicromanaging\u201d her vendors by getting involved with sourcing materials and vetting manufacturers. But she realized that her strengths lay in running her own business, not that of her vendors. \u201cI just allowed them to do what they\u2019re good at,\u201d she says. \u201cThat really helped my interactions with my vendors.\u201d<\/p>\n<p>Delivering presentations in business classes \u2014 something that Soyinka felt nervous and uncomfortable doing at first \u2014 became easier as she did more and more of them. Now, when she\u2019s networking or speaking to vendors and potential business partners, Soyinka does so with ease. \u201cI can present much more comfortably,\u201d she says.<\/p>\n<p>While she gained core skills in accounting and marketing, as well as soft skills such as communicating and presenting, one of the greatest benefits of her business education was that Soyinka emerged with the confidence to be a successful entrepreneur and bring her vision to life. \u201cI think it made me more confident,\u201d she says. \u201cIt made me more conscious that this is what I\u2019m good at.\u201d<\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.macleans.ca\/education\/how-a-business-education-can-help-you-be-a-better-entrepreneur\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;How a business education can help you be a better entrepreneur&#8221; Taking an MBA helped Blooming Soyinka refine her vision and execution of an online marketplace for African goods. When Blooming Soyinka started her MBA at the University of British Columbia\u2019s Sauder School of Business in 2014, she already had an idea for a business&#8230;<\/p>\n","protected":false},"author":1,"featured_media":480702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.macleans.ca\/wp-content\/uploads\/2022\/07\/iStock-803690862-766x431.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[131977],"class_list":["post-480701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-business-education-guide-2022"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/480701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=480701"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/480701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/480702"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=480701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=480701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=480701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}