Sunday, June 5, 2011

Home School MBA

I have been exploring the idea of going back to school to get my MBA for the last two years or so. The possibility of understanding and mastering the fundamentals of modern business practices is a great motivator. The possibility of dropping fifty thousand dollars on that education with no guaranteed return on investment is not so attractive.

Do you remember the bar scene from Good Will Hunting? You can find the whole thing out on youtube. Will gets into a discussion with a guy at bar and makes a comment that resonates with someone in my particular predicament.
See, the sad thing about a guy like you is in 50 years you're gonna staht doin some thinkin on your own and you're gonna come up with the fact that there are two certaintees in life. One, don't do that. And Two, you dropped a hundred and fifty grand on a education you coulda got for a dollah fifty in late chahges at the public library 
 That got me thinking, could I really learn everything I need to know just by checking out books from my public library? It can't be that easy, can it? After a little research, I found this online resource. Josh Kaufman has set up a fantastic resource for just this purpose. He provides a reading list broken down into 25 different categories from productivity to finance, communication to sales, and everything in between. He also provides a book of his own that helps list out all the areas of study and how best to break down the different areas of business. 


So, I have decided to take the challenge. Can I get an MBA education that would cost me close to fifty thousand dollars for less than a dollar fifty in late charges at my public library? I think I can.  I will take books from each area listed at personalmba.com and study and apply everything I learn. I have no doubt in 24 months from now, I will be able to put what I have learned up against any MBA program out there.


So, "good for you" you say. Why don't you just shut up and do it already? Why all the talk on a blog about it? That is a great question. I have got a good answer. In  less than a year, my wife and I will be travelling to China to adopt a little girl. My other children already refer to her as our little sister Addi. As you can imagine that will be very expensive. I am using this forum as a fundraiser to earn money to make that trip. As I study and pick up valuable knowledge about business I will share that information here. If you find that information useful  or interesting, or you just want to help, please click on an ad to the right and help us out. 


So, where do I begin? Well, since I am going to do a blog about what I am doing, communication and writing may be a good place to start. I am going to pick up On Writing Well by William Zinsser at my library tomorrow and begin my journey. 

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