My Worst Investment Ever Podcast Mabel Nuñez – Is an MBA Really Going to Take You Where You Want to Go?
BIO: Mabel Nuñez is the founder and Chief Education Officer at Girl$ on The Money, a stock market investing education company targeted to women, minorities, and individuals underrepresented in the world of investing.
STORY: Mabel spent so much money and time taking an MBA that didn’t materialize to anything. Her biggest mistake was never building connections while studying.
LEARNING: Make connections in your field as you study. Join career associations to make connections in your area.
“Use your time as a student to make connections in that field.”
Mabel Nuñez
Guest profile
Mabel Nuñez is the founder and Chief Education Officer at Girl$ on The Money, a stock market investing education company targeted to women, minorities, and individuals underrepresented in the world of investing.
Mabel teaches highly rated courses centered on stock market investing and is the author of two best-selling books. Through all of her resources and social media, she shares what she has learned (and continues to learn) since starting her investing journey back in 2008. Mabels holds both a Bachelor of Science and an MBA in Finance. However, most of what she’s learned about investing came from experience.
Mabel is currently offering an online course Ready, Set, Invest workshop and has extended a 20% discount to all My Worst Investment Ever podcast listeners. Use Code: Abundance2021 to enjoy the discount.
Worst investment ever
When Mabel turned 26, she decided to start pursuing an MBA. She took the GMAT and did horribly. Mabel paid for this expensive course to teach her how to master the GMAT, which didn’t help. However, she finally got into an excellent MBA school in New York City.
Mabel was excited about getting the MBA because she believed it was her ticket to getting a fancy job on Wall Street. Little did she know that all that sacrifice of going to school part-time and working full time for four and a half years wouldn’t yield her much.
After Mabel graduated with a degree, she realized that she had done nothing else but go to school throughout those four and a half years. She wasn’t making connections with people in the field where she wanted to work, and that’s probably why she was never able to build a career on Wall Street despite her expensive MBA.
Lessons learned
- If you want to work in the field you are studying in, take your time as a student to make connections in that field.
Andrew’s takeaways
- Consider joining the associations in your career field to build connections and relationships.
Actionable advice
Find a mentor or someone on the same career path as you or more experienced. Don’t just blindly listen to people that don’t know what they’re talking about. Find someone who understands your journey and can give you some valuable advice because the right mentor could save you a lot of time and money.
No. 1 goal for the next 12 months
Mabel’s goal for the next 12 months is to use social media more to make a stronger connection with her audience. She also hopes to finish translating her first book into Spanish.
Parting words
“Take risks because that’s how you get ahead in life but just make sure they are calculated risks.”
Mabel Nuñez
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Connect with Mabel Nuñez
Andrew’s books
- How to Start Building Your Wealth Investing in the Stock Market
- My Worst Investment Ever
- 9 Valuation Mistakes and How to Avoid Them
- Transform Your Business with Dr.Deming’s 14 Points
Andrew’s online programs
- Valuation Master Class
- How to Start Building Your Wealth Investing in the Stock Market
- Finance Made Ridiculously Simple
- Become a Great Presenter and Increase Your Influence
- Transform Your Business with Dr. Deming’s 14 Points