2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44
Education is not the answer to the question. Education teaches you to find answers to all questions yourself.
My thoughts about MBA have finally come to an end.
Mann, Ivanov & Ferber offered a very cheap yet workable alternative to an MBA. Josh Kaufman is an MBA and proud of it, but part of his book focuses on the benefits of self-study.
The key idea of the book is that the money spent on a business school diploma can be invested in self-study and it will cost hundreds of times less. In the age of information technology, it is easy to access any information and concentrate only on the necessary things.
The author examines 256 simple concepts with the help of which you can learn a completely new business thinking. The book will not give you answers - it will teach you how to ask questions correctly. But you must admit that if you put the question correctly, then getting an answer is not a problem:)
One of the main advantages of the book is that it can be read from any page or chapter. Each part of the book is independent and helps the reader to learn something new about working and building a business.
Before you start reading Your Own MBA, you should get yourself a notebook and a pen. In the meantime, I have collected for you some interesting thoughts from the book:
- Any business creates or delivers some value that people need, at a price they are willing to pay, in a way that best meets their needs and expectations, while the value brings its owners enough income to keep doing it. …
- There is a huge difference between what an MBA program makes you in the eyes of others and what it actually does for you.
- If you succeed in enrolling, the school will do everything in its power to help you find a decent job - but you will have to make decisions and deal with your own affairs.
- The MBA diploma does not affect the holder's income throughout his life.
- In fact, any business is a collection of five interdependent components: value creation, marketing, sales, value delivery, and financial management.
- All resources for self-education are under our noses and at an affordable price.
- The market is the most important thing.
- People don't like being sold to them, but they love to buy.
- The price is what you pay. Value is what you get.
If you are interested in continuing your education, there is a list of recommended literature by the author at the end of the book.
By the way, here are three big disadvantages of business schools:
- MBA training has become so expensive that you literally have to put your life in a pawnshop.
- As part of the MBA program, he teaches many useless, outdated and even downright harmful concepts and disciplines.
- An MBA does not guarantee a high-paying job, not to mention the fact that it will not make you an effective manager with the prospect of career advancement to a top-level in a large corporation.
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