Businessweek did a survey, looked at the compensation packages for MBAs 10 years out of business school.

And then before getting a loan, you must be trained.

So I'm watching this behavior in the classroom, and what do I notice?

Our MBA programs do not teach kids to be entrepreneurs.

You're not good enough.

Draw that one up for us.

Equity was assets minus liabilities.

A Stanford MBA named Roy Raymond wants to buy his wife some lingerie, but he's too embarrassed to shop for it in a department store.

Are you trying to pass the CFA exam, or are you trying to impress your MBA professor?

In every country, every program, you need a symbol, and this is probably the best thing he's ever done with his MBA.

I have a B.A. in English from Harvard College, an MBA in marketing from Wharton Business School.

This was the earnings of the company last year, or the last 12 months.

Now this VC, who is a professional investor and has teams of MBA's making spreadsheets for him, says that actually, what we have right here is worth 7.50 a share.

And so what that means about entrepreneurial education is that eventually we do need you to know everything an MBA knows.

The definition of an entrepreneur is a person who organizes, operates and assumes the risk of a business venture.

But I really formalized this focus on turnarounds when I was completing my MBA in the United States.

And the media says that it's really cool if we could go out and be a model or a singer or a sports hero like Luongo, Crosby.

And then we have this Captain Condom, with his Harvard MBA, going to schools and night spots.

So they're managing other people's money, and they tend to have some fancy MBAs that they just hired, who will make models and do projections, and negotiate a little bit harder with you when you're actually trying to get a value on your business.

Now I'm on my seventh year sustaining against multinational, transnational giants makes all MBA students a question mark.

But the other thing I noticed is that it also seemed to be related to the extent to which the students were participating, and how well they were participating.

Let me say it again startups are not smaller versions of large companies and what falls out of that is all the traditional tools taught and learned in an MBA curriculum are irrelevant in the first chaotic year or two of an early stage venture.

Now, there's no way you're going to get a lot of people with 400,000 talent to make a 316,000 sacrifice every year to become the CEO of a hunger charity.