sky

I'd agree that an undergrad business degree is pretty worthless. However, saying an MBA is worth its weight in gold is a huge overstatement, especially for someone who wants to start their own business. An MBA and a business degree in general don't really supply the skill set necessary to start and initially run a business. Remember, what the A stands for.. administration. Unfortunately, all of the entrepreneurship programs are even worse. Frankly, they aren't skills that you can really teach. Some people have it, most people don't. That's not to say that some skills aren't transferrable, but getting an MBA is no indicator of success in running a startup. Usually, the MBAs aren't brought in until a company is well established... and even then it's not a recipe for success.. just read the accounts of the company ArsDigita (http://www.waxy.org/random/arsdigita/).

Personally, I think it's a bit foolish to think that you can just start your own business merely because you want to. Until you get that idea, the product, and the business plan all in place, it's nothing more than words to say you want to run a business. While an MBA might help in getting experience writing business plans, getting one won't increase your chances of running a successful company above the background noise.