Nah, here is how it really works and there was an article about this in last year's Business Week. The guys on the way up get an adjunct professorship at Stanford U B school and so instead of being taught they can show they are being sought out to do teaching and thus prove that they already know what is going on. The BW article said that half the faculty at Stanford B school was adjunct. They say the kids love it, the administrators love it, and the visiting faculty (all those "overacheiver, super-race, uber alles) love it, too, and their resumes get a higher quality line with higher quality evidence of "advancement" than another degree. I'd love it too. Just think: I put "faculty: Stanford U" on my resume. You can't buy that.
Even better is if your name is Warren Buffet. Everyone swoons over that; so, its even better to get your name in the papers no matter how you do it. Martha Stewart got a billion dollars worth of free advertising for being a crook.
Yeah, and I can actually appreciate it.
Yep.
Of course. Its like me telling would be PhDs here on the NG that "don't waste your time" but they would rather read the graduate catalogs that say "our program prepares people for careers in sci-eng-tech" but they don't tell you how many actually have lifetime careers and that the path is like ducks in a shooting gallery.
That's why we see
Yep, and the next thing they do is buy out convenience stores or they get "Mailbox" franchises. Next step is they become schoolbus drivers.
Usually, sales
I like the guys who get into building trades and survive.
Its actually the other way around: In the last two years I get a fax every week and an email every two weeks -- I don't know how they figure it out -- asking if I want to sell my company. I might think about it, though.
Well, that WSJ article that talked about Warren Buffet said there was some guy, a nobody, with a new company that was doing pretty good, the guy called up Warren and after a 20 minute phone conversation, Buffet bought the company.
You don't need all that contacts stuff; just get the book "IPO" I forgot the author, but I read the book. All about how MIPS went public back about ten years ago.
poo, they got MBA programs over the internet...who needs local schools?
His
Thats if everyone is agreeable from the start. Its not always like that.
Nah, they get the ball rolling with maxed out credit cards. What they need VC for is BIG expansion, then IPO (so the CEO can get max stock options).
then a strategic B-school could be useful for these types of
Like I said, you can read a book like IPO and learn how it works, then read thw WSJ which will confirm that the book is right.
don't forget the adjective "blow-hard," too. (Sorry Dave, I couldn't help it)
^^^^^^^^^^^ Hmmmm...um...could you tell us what you think he invented or developed?
who attempts to create a business via cult of personality
Yeah. More or less. But, we're also in an era where image means more than reality and he plays into that, too (viz his post about the interviewers making snap decisions on who to hire).
Well, on first reading, I think that which you wrote above is pretty much on the mark.
