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How I Took The Leap Into Entrepreneurship With An MBA At EU Business School

After an MBA at EU Business School’s Barcelona campus, Mark Dencker switched industries and started his first business

Thu Feb 2 2017

BusinessBecause
Mark Dencker relocated from his native Denmark for an MBA at EU Business School’s Barcelona campus in 2010. A year later, he started up his own business.

Today, web and mobile app development agency Wiredelta has four offices in three countries – in Denmark, France, and India – and 75 clients across Europe, the US, and the Middle East.

“[EU Business School] was the catalyst which made me want to build something myself,” says Mark.

“I have always been a geek. I excelled at math and even did some programming when I was younger. EU Business School was a challenge for me because I needed to change my way of thinking. In many ways, the business route I took has led me to where I am today.”

EU Business School has four European campuses in Barcelona, Munich, Geneva and Montreux. The school’s student body and faculty represent over 100 different nationalities and prides itself on a low student-to-faculty ratio. All courses are taught in English.

EU’s 26,000-strong alumni network extends across more than 120 countries worldwide.

“It’s all about the people,” Mark continues. “The school has done well attracting students from all over the world, and it’s taught me how important a role soft skills like communication, negotiation, and empathy, play in life and in business.”

Mark studied economics, and worked for the Danish Investment Fund for Developing countries in Copenhagen, prior to his MBA at EU. The internationally accredited business school offers 11 different MBA specializations including marketing, finance, e-business, sports management, leadership, and entrepreneurship.

Mark specialized in global banking and finance. The idea for Wiredelta came out of a project started with his co-founder - Thibaut Delarbre – while at EU. The two young entrepreneurs were trying to set up their own e-commerce company, but struggled to attract funding and talent.

“Everything was an uphill battle,” Mark explains. “This was when we realized how much the tech industry was lacking a place that enables companies to access a highly trained technical workforce at affordable prices. EU enabled us to see the industry from a different angle.”

After his MBA, Mark moved to set up his new business in India. He returned to Copenhagen, and opened an office there, in 2013. Now, he’s looking to expand across Europe.

“We’re planning to make Wiredelta into a franchise business, where young entrepreneurs – like those coming out of EU for example – can build their own company with Wiredelta as a backbone,” he says.

“We are currently looking for people who can open franchises in London, Berlin, Munich and Barcelona.”

EU Business School ranks 33rd in the QS Top MBA Global 200 Business Schools Report, and fifth in the QS Return on Investment Report for salary uplift in Europe.

With the knowledge and the network gained during his MBA at EU Business School, Mark is well-placed for future business success. What advice does he have for the next generation of EU Business School MBA entrepreneurs?

“If you want to get ahead of the game, you need to create the game,” he says. “I don’t think there is a framework for success, except maybe a huge amount of work, commitment that will make your family and friends shake their heads, and a little bit of luck!”

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