SoFi Blog

Tips and news—
for your financial moves.

4 Startup Truths You Won’t Learn in Business School

Becoming an entrepreneur is one of the most rewarding—and terrifying—things you’ll ever do. I started my own business, a business-planning software company initially based in Palo Alto, California, three years after graduating from business school. I’ve succeeded through several decades, but it wasn’t always easy given that I struggled with student loan and mortgage payments, and took care of my family at the same time. But today, I’m financially secure, my business is healthy, and I employ more than 60 people at our new location in Eugene, Oregon. Because I’ve dealt with startups and entrepreneurs for a long time, I’m well equipped to outline what you can expect if you’re planning to start your own business.

B-school has given other entrepreneurs exactly what it gave me: business fundamentals, including basic finance, marketing, and administration. An MBA program also teaches you how to plan and, most importantly, how to understand cash flow. But what school doesn’t teach you is how to wade through the entrepreneur clichés to get to the unvarnished truth.

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Ready, Aim, Start-Up: How to Dominate the Entrepreneurial Space With an MBA

On July 27, SoFi hosted one of its popular community member events in New York City. Held at Interface, an intimate creative space and lounge in North Chelsea, the evening featured Matt Bachmann, co-founder of Wandering Bear Coffee, and Ben LeBlanc, founder of Good Stock Soups. Ainsley O’Connell of Fast Company moderated the lively panel discussion titled “MBA to CEO.”

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5 IDEAS TO MAKE YOUR WORKSPACE WORK

Your desk is your sanctuary. Well, it could be. We’re all about sprucing up your workspace so as to keep the ideas flowing and good thoughts rolling. After all, it is where you spend a good chunk of your week. Here are five tips to make your desk truly, yours.

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What Does a Bankless World Look Like?

Here’s our theory: banks put banks first. That’s why at SoFi, we’re all about our members.

So we took to the streets to do some research. We asked people what they thought about banks, and what the world would look like without them.

Here’s what they had to say.

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