When you can’t earn an MBA
Recently while I was going thru review of book “When you can’t earn an MBA” by RajeshShetty. as per this book he inspired by one of Seth Godin article in which he suggested that “actual experience combined wit a dedicated reading of 30 or 40 books” might be a better use of time and money than an MBA degree.It’s a good book,describing abt what you can do when you can’t earn MBA degree… he give 10 step alternate approach to MBA.@ last, he write about 10 Things that one have that the people who are pursuing MBA won’t have !!! I really like it and after reading it.. I just tried to give a second thought to it..that to invest in an MBA or not to invest in an MBA?
I posted 10 things that author talk about in book…
1 More Timeyou have two more years of time on your side. Now, if you just spend those two year with “zero” investment in yourself, you can be guaranteedthat the MBA route is far better. However, if you design your life to take advantage of those two years, then the game is different!
2 More MoneyYou save $100K in fees and earned two more year of income - may be another $200K. So you literally save $300K
I posted 10 things that author talk about in book…
1 More Timeyou have two more years of time on your side. Now, if you just spend those two year with “zero” investment in yourself, you can be guaranteedthat the MBA route is far better. However, if you design your life to take advantage of those two years, then the game is different!
2 More MoneyYou save $100K in fees and earned two more year of income - may be another $200K. So you literally save $300K
3 Short-Term career advantage unless someone is doing an executive MBA program, they lose two years of their career. You don’t !! Again, how your career grows during two years is entirely up to you. In two years, you should be able to add value to your organization and grow as a person. If not, you may want to check your attitude and behavior. There may be problem that even an MBA degreecouldn’t fix.
4. More varied networking opportunities While you miss opportunities to network inside the MBA program, you get to network in your workplace, your profession, and your community. The MBA folks are often so busy that they won’t have any time to network outside their school.
5 Fewer debts to repay since you don’t have to borrow money for an MBA program, you don’t have to worry about those education loan.
6. Opportunity to get more creative Since you don’t have an MBA and you know that it’s going to be a disadvantage you need to get creative to fill the gap. You will start looking for alternate option. Here’s a quick example. We all know that communication and public speaking are two important skills that you can develop in an MBA program. You could seek out other ways to develop these skills -may be bye joining a group such as Toastmaste International. Instead of spending $100K in tution, you might spend $100 a year in membership dues.
6. Opportunity to get more creative Since you don’t have an MBA and you know that it’s going to be a disadvantage you need to get creative to fill the gap. You will start looking for alternate option. Here’s a quick example. We all know that communication and public speaking are two important skills that you can develop in an MBA program. You could seek out other ways to develop these skills -may be bye joining a group such as Toastmaste International. Instead of spending $100K in tution, you might spend $100 a year in membership dues.
7. More time to develop your strength In an MBA or any educational program with a set coursework, chances are that you need to study a number of required subjects. This is true even when the subjects are :
- Not completely relevant in near future
- Not completely relevant in near future
- Not in your area of strength and/or interests.
Because you aren’t inside formal program, you will have the freedom to focus on the topics that interests you and will move you towards your goal. You can focus on continuing to read and develop your strengths.
Because you aren’t inside formal program, you will have the freedom to focus on the topics that interests you and will move you towards your goal. You can focus on continuing to read and develop your strengths.
8 Time to build your brand when you are in an MBA program, the course will be so intensive that you don’t get time to build your brand. Personal Branding is extremely important in this age of rapid commoditization. You develop a chance to build a reputation based on real-world action and achievement. Two years of focused investment in building your personal brand may provide you with a huge competitive advantage over an MBA
9 More Grounded I have heard time and again that several MBA graduates tend to be “over confident” and assume that they have that extra dash of smartness because of their MBA degree. You don’t have an MBA so you can’t have that problem. So, in essence you are more grounded on that subject that many MBA graduates.
10 TIME TO RELAX If you think getting into a good MBA program is hard work, you just have to wait until you get into one.One MBA student remarked to me once that before he joined an MBA program, he had difficulty in grasping the meaning of the term “Time Flies”. He had no problem with that term at the first quarter in his program.Once you get into an MBA program you really don’t have a choice but to keep running as fast sa you can. You are not alone. Everyone there is running.
If you are not pursuing MBA though, sometimes you can carve out some time to relax
Confused???? what to do??
well, It all depends on you.. on action you take… If you don’t take any action no knowledge in world can help you… this apply to both the cases here… to do MBA or not to do. If you don’t do MBA and don’t take any action to improve yourself it won’t work and if you do MBA and get the knowledge but still don’t take any action.. it won’t work either
10 TIME TO RELAX If you think getting into a good MBA program is hard work, you just have to wait until you get into one.One MBA student remarked to me once that before he joined an MBA program, he had difficulty in grasping the meaning of the term “Time Flies”. He had no problem with that term at the first quarter in his program.Once you get into an MBA program you really don’t have a choice but to keep running as fast sa you can. You are not alone. Everyone there is running.
If you are not pursuing MBA though, sometimes you can carve out some time to relax
Confused???? what to do??
well, It all depends on you.. on action you take… If you don’t take any action no knowledge in world can help you… this apply to both the cases here… to do MBA or not to do. If you don’t do MBA and don’t take any action to improve yourself it won’t work and if you do MBA and get the knowledge but still don’t take any action.. it won’t work either
