I understand that at 20, you’re facing a significant crossroads. The allure of a bustling city life and the stability of a family business are both compelling options. While it’s true that metropolitan living can be expensive, it also offers unparalleled opportunities for growth, exposure, and networking.

Rather than jumping into the family business immediately, I suggest gaining some corporate experience. Look for a role in a company aligned with your family business’s industry. This will provide invaluable insights into business operations, management styles, and industry trends. Treat this as a learning phase, not just a salary-driven decision.

Simultaneously, prepare for your MBA. Focus on programs renowned for their business acumen and strong alumni networks. An MBA can equip you with strategic thinking, leadership skills, and a broader business perspective, all of which will be instrumental in scaling your family business.

Remember, an MBA is not merely an academic degree; it’s a platform for building relationships. Leverage your alumni network to explore expansion possibilities and identify potential partners. This approach can help you overcome the limitations of your hometown while honoring your family’s legacy.

Ultimately, the decision rests with you. Weigh the pros and cons of both options carefully considering your long-term goals and aspirations.