Should I quit trying and pursue an MBA?

I quit my job at an auto giant in India, in the service division in 2016. I had applied for programs in Material Science Engineering, for which I didn't get suitable admits and since my family was going through financial stress (as family had debt due to my educational loan and my brother joined an expensive design program in India). I didn't feel much confident, if I'd succeed after pursuing the program, get a job and recover the money then. Somehow finances always made me weak in the knee, coming from a middle class upbringing in India.

I decided to defer the admits and started developing micromobility vehicles along with other small businesses along with a senior from school. I then, thought the cost of starting a business is much cheaper than education abroad, not accounting for RoIs, but driven by passion. 3 years down, I realised I was very naive about business and took a long development time for the micromobility vehicles; but for the time I spent for developing the other business where we made footwear, I didn't get any compensation. The other founder raised some money for the micromobility company, but never introduced me to the investor. Considering all these discrepancies and trust reasons, I exited by booking a loss (except for the rich experience).

In 2019, I started another business, with capital induced from my own end at first and gave nearly half the stake in the company to a friend, provided accomodation and food for about 3.5 years. In exchange, he was instrumental in getting grants for this new company, while I focussed on developing micromobility vehicles, because I was "passionate". Fast forward 2024, I have exited the company, again booking a loss, the company taken over by that friend and another, the team that I painstakingly built broken, the products I painstakingly built left to rot, but a richer experience about the value of decision making and effective execution. We had just starting selling the vehicles in 2023, but I realised how taxing it was to do it, on my own, while the other two partners hardly contributed. A big mistake, was not having a founder's agreement and tools to enforce indecision or escaping responsibilities.

I have raised grants and about to build another micromobility company now, but haven't registered the entity yet. Now again, with a group of friends who are individual contributors, I am getting them to invest into the company, as well as work for the company, chalking a solid founder's agreement. All of us, have vowed that we won't register the entity till the product is finished and some cash flows. Moreover, I have taken up some odd jobs and services to sustain myself and contribute somehow to the family that has supported me till date.

On the family's end, we are now completely debt free, my brother is doing well and and both of us have built a good equity portfolio investing smartly during the pandemic and growing to an amount a tad less than 150,000 USD from 50,000 USD from some family funds and his salary. My brother sponsored us a vacation in Europe and the affluence and stability of the European economy hit me really hard.

It triggered in me a need to pursue a MBA program in Finance/Marketing/Entrepreneurship with a good RoI, so that I start contributing to the portfolio and also provide for a better experience to our parents. We are now travelling around Europe at a shoestring budget and see how we are managing our finances from place to place, while in India, we had a very comfortable and plenty for ourselves.

Throughout this journey, I felt the things I was so passionate about has made me endure many ups and downs, but it also made me look at business and the workings of it dispassionately.

I have come a long way trusting people blindly, but realised greatly the value of close family members, some rock-hard friendships and making peace with burning bridges.

I am seeking for an MBA program, where I want to eventually work around the world and contribute to my personal as well as the organization's goals. Have you been in a similar spot or would you suggest me something?

Grateful to your response. 🙏 Namaste 🙏