Why I chose the entrepreneurship specialism in my MBA
Full-time MBA participant Abishek Patwardan discusses specialising in entrepreneurship to advance his online pharmacy app and retail pharmacy chain in India, and how the specialism provided skills to drive success.
Choosing a specialism for an MBA can be a pivotal decision that shapes one's future career trajectory. For me, the decision to specialise in entrepreneurship during my Full-time MBA at Warwick Business School (WBS) was driven by both my personal aspirations and the needs of my growing business ventures. As the founder of an online pharmacy application on the brink of launch and the owner of an expanding chain of retail pharmacy stores in India, I recognised that the Entrepreneurship specialism offered the most relevant skills and knowledge to navigate and scale these enterprises.
From the outset, I was drawn to the dynamic and innovative environment that the Entrepreneurship specialism fosters. The curriculum is designed to cultivate a deep understanding of business creation, from ideation and market analysis to strategic planning and operational execution. This holistic approach is precisely what I needed to propel my ventures forward.
Throughout the programme, I have learned invaluable lessons that directly apply to my businesses. One key takeaway has been the importance of agility and adaptability. In the rapidly evolving pharmaceutical industry, staying ahead of market trends and consumer needs is crucial. The specialism has equipped me with the tools to pivot my strategies effectively and embrace innovation.
Moreover, the entrepreneurship specialism has emphasised the significance of a strong business network. Engaging with like-minded peers, experienced mentors, and successful entrepreneurs has provided me with diverse perspectives and invaluable insights. These connections have not only enriched my learning experience but also opened doors to potential collaborations and investment opportunities for my ventures.
Additionally, the practical aspects of the programme, such as case studies, pitch competitions, and hands-on projects, have honed my problem-solving skills and enhanced my ability to turn ideas into viable business solutions. For instance, developing a comprehensive business plan for my online pharmacy application and retail store expansion, including market entry strategies and scalability plans, was a pivotal exercise that reinforced my entrepreneurial acumen.
In conclusion, the Entrepreneurship specialism in my Full-time MBA has been a transformative journey. It has empowered me with the knowledge, skills, and network necessary to steer my pharmacy ventures toward success. As I prepare for the launch of my online pharmacy application and continue to expand my retail stores, I am confident that the lessons learned and the experiences gained from this specialism will be instrumental in achieving my entrepreneurial goals.