&#62; I would argue that if you really want to start a company, but don’t feel like you are ready, 
an MBA should be your <i>fallback</i> position.<p>This was pretty much why I went to business school. Except I didn't think about it as my fallback position. I kind of thought of it as a way to ease myself between a cushy paycheck and the wild.<p>Overall, my conclusion is that business school is pretty useless for starting a business. Very few people start companies straight out of top business schools (too much money in taking job), and most of what you "learn" about entrepreneurship isn't actually all that useful. Sure I learned how to write a business plan, but I never actually needed that business plan once we got started (and we completely changed the idea within a month).