This self-made millionaire shares if it’s really worth getting an MBA

Brian Wong is the CEO & co-founder of Kiip, a mobile advertising company. He's also the author of "The Cheat Code." The 26-year-old self-made millionaire discussed how he achieved success, the biggest lessons he's learned, and what’s next in the world of advertising. Here, Wong shares with us why he thinks certain people should think twice before pursuing an MBA. Following is a full transcript of the video.

First of all, do any of you have an MBA? Okay good. So ... My whole point is, I don't want you to take an MBA for all the wrong reasons. So, there are folks that do take it just because they're like, “Well, it’d be great to have, you know, this parachute or this cushion or this safety net.” And it's like, doing something for those three reasons are the lamest reasons you could possibly imagine.

And then the other thing is some people do it because they're lost and they want to find themselves and maybe going through MBA school will give them some direction. No! You know, this isn't the way to do it. Right? Don't do something for some weird backup plan. Right? Do something for an intention and I think you'll get way more out of it.

And I think the new MBA is the MBA of doing stuff. Like, going out there, building something, tripping and falling along the way, getting back up. Those are the best lessons that you will learn, especially in the business world. Like obviously in the medical field, like my sister-in-law is a doctor, you can't, you know, trip and fall your way into being a doctor. Like, you definitely want to make sure you actually know what you’re doing because people could die. But business is different. Business, you can learn so much. There is no life or death. That’s the best part about our industry. There is no life or death and you can learn so much just by doing.