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Skills and education (2007)

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Re: Skills and education (2007)

#4
I don't think so. Out of all things taught there, the few useful things are: accounting, business law, marketing just to learn the terminology, logistics, and out of all "high finance repertoire" the only useful things are fx transaction hedging, and trade finance. Well, and math as well if yours is not on a university level already.

All critical thinking stuff, "strategy" well, for the most part, is simply laughable. When people who dished out 6 digits for an elite degree challenge that, they do so because for them admitting to that mean to admit that they wasted that ton of money for that.

Re: Skills and education (2007)

#5
The knowledge covered by an MBA can easily be picked up by reading a few books. The value of an MBA is the connections from networking with your classmates in a tier 1 program. A non-tier 1 MBA is worthless.

Re: Skills and education (2007)

#6
post #2

What do you guys think? How did you guys learn the business skills to run, scale and raise funds?

This article describes my life to a T. I'm a solo CEO founder of a small tech startup and I couldn't do it if I didn't have degrees and experience in both engineering and business.

I would add one piece of advice: if you don't have the tech know-how you can teach yourself. I started with mechE and CAD in school and later learned how to code.

Re: Skills and education (2007)

#7
post #2

What do you guys think? How did you guys learn the business skills to run, scale and raise funds?

You never stop learning. If you stop learning, you're done. Mentorship throughout out ones career is invaluable.

I am a fan of education, but on business, two thoughts -

1) Business is like swimming. One can study, talk, dsicuss, group project, all we want about business, but it's standing beside the swimming pool.

Nothing teaches swimming other than diving in, and learning not to sink. No swimming instructor will succeed if you can't learn to float, and then move. The key learning in business comes from lessons (good and bad) from experience.

2) The peeople teaching the skills may have no relevant or recent experience in business. So you may be learning to practice the past. Today, if courses take 2 years to develop, and 2 years to approve, the material is often out of date by then anyways. This a real problem most insitutions are facing as other groups are eating their lunch.

Re: Skills and education (2007)

#9
Great article, completely agree with the author. I study Computer Science and I really like it, but sometimes it's hard to cope with all those writing works at college. Sometimes I apply to one writing service at https://essayshark.com/write-my-paper-for-cheap.html 'coz I don't have writing skills and it's the only way to cope with all those paper work.
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