The Diary Of A CEO with Steven Bartlett

Josh Kaufman: The Shocking Link Between MBA & Career Success! The Easy Hack To Making Money Whilst You Sleep!

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Jul 15, 2024
Josh Kaufman, a renowned business expert and author of 'The Personal MBA,' discusses transformative business concepts that rival traditional MBA learnings. He delves into the 5 laws of business and shares innovative strategies to turn a small investment into substantial profits. Kaufman also unpacks psychological insights that successful entrepreneurs use to connect with consumers and offers tips on making money effortlessly. His ideas on skill mastery challenge the conventional 10,000-hour rule, emphasizing that just 20 hours of focused practice can lead to proficiency.
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ADVICE

Business Framework for Career Success

  • Understand the five parts of every business: value creation, marketing, sales, value delivery, and finance.
  • This framework helps analyze any business and ask useful questions, increasing career opportunities.
INSIGHT

The Real Value of an MBA

  • An MBA is like an expensive interview for specific roles, not a guaranteed path to success.
  • Two-thirds of graduates go into consulting or investment banking, most others to large companies.
INSIGHT

MBA and Career Success

  • Studies show no correlation between having an MBA and long-term career success.
  • Skills, abilities, curiosity, and drive are more important than credentials.
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