An MBA Could Lead To Owning A Winery
December 10, 2009
By the My MBA Career Content Team – Find Top MBA Degree Programs
Earning an MBA could open a lot of doors in many different fields, and now some people are using the degree to start a whole new career path.
According to the New York Times, MBAs are popular amongst vineyard owners. The article observes that many people who have made their fortune through various entrepreneurial endeavors or investments have decided to pair their business knowledge with their penchant for a good wine and open their own wineries.
"It's a very common second career," Bill Nelson, president of WineAmerica, told the Times. "Often, people get the financial wherewithal from the first career to get started and transition into wine."
Wine industry insiders feel that having a business background is what makes these independent wineries succeed, because individuals with a marketing or sales background know how to differentiate their products from the rest. They also note that professionals with business experience tend to take more risks, which ultimately helps the industry thrive.
Aside from starting your own winery, an MBA is a great way to further your business knowledge, which could set you ahead of the competition.
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