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Skills and education (2007) (pmarchive.com)
48 points by harunxxl on Oct 30, 2018 | hide | past | favorite | 15 comments



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.


Which books would you recommend?


The Goal is really good from a manufacturing perspective. And The Phoenix Project is good from a IT/devops perspective. https://en.wikipedia.org/wiki/The_Goal_(novel) https://www.goodreads.com/book/show/17255186-the-phoenix-pro...


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.


what's your background?


Long story short: been into engineering from my early years, and by my late teens firmly set my eyes on microelectronics, to the extend I managed to self study it to the level of somebody on the second year of university program, but insistent parents were hellbent on sending me studying "businessy things rich people do" (or so they thought those do.) I somehow managed to get back into technology after graduation and work in an engineering consulting now, closer to the business side


An MBA is a great addition to addition to a Computer Science degree. If you don't have a Computer Science degree then get one of those first. The skills you learn are that which are not talked about in both fields. In the business world you have to understand the business person's motivations by speaking their language. An MBA is a great way to round out and provide those skills and understanding.


Learning is quite a reverent topic. I am an excellent student and it is important for me that I have enough time for each item to master it. But sometimes time is simply not enough ... Therefore, you have to write a daily routine in order to somehow plan your time. I even bought a special pocket notebook https://onplanners.com/planners/best-academic-planners-colle... for this. It is very convenient, you can record any information in it, it does not take up much space. So who has problems with the allocation of time, I advise you to write yourself daily routines)


Reading this article last year, and i have change my major from economics to computer science eventhough my for the past 3 years i have been dropping "hardscience" to more liberal arts studies. I am pretty much agree that liberal art is "useless", full bunch of people debating something that not really practally usefull and thats not my nature. Luckily i got accepted to change my major, and much more enjoy to do that.


So will you do an MBA later?


It already becomes my option. Though I am still open with any opportunity, i am thinking about focusing more in cs problem, considering master in cs. I saw right now, it is much more interesting and has higher leverage. But will see that later.


>A few months ago I went to Princeton University to see what the young people who are going to be running our country in a few decades are like.

Talk about privilege ...


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.


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.




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