Surgenor truth the personal mba

Your frontal lobe can only do so much to spur you into action. If you want to get the most out of your time and energy, working with others pays massive dividends. For best results, I highly recommend that you work on the Personal MBA with a small group of other people. Share your experiences and knowledge with others on a blog and converse with people who leave comments.

Josh Kaufman. Open main menu Menu. Book Notes. What can you start reading right now? Table of content. Contrary to popular belief, MBA programs do not make people more successful. The primary reason is that the schools offering these programs teach very few things that are of substantial value in the working world. Truth is, no MBA program can equip you for the business world like educating yourself.

By studying the basics of sound business practice and developing a network, you can get the major perks and benefits of business education at a fraction of the cost. The consensus is clear: today, MBA programs are a waste of money and time. Many elite schools teach outdated assembly-line education about PowerPoint presentations and profit-and-loss statements.

After two years of studying sanitized case studies, students are bundled off into middle management to find out how business really works.

Surgenor truth the personal mba

Josh Kaufman has made a career out of distilling the core principles of business and delivering them quickly and concisely to people at all stages of their careers. In the coming chapters, you will learn the essentials of marketing, negotiation, sales, and strategy. Continue reading with Headway app. Full summary is waiting for you in the app.

Buy full book on Amazon Continue the summary. Professionals looking to enhance their business knowledge and skills. Individuals interested in understanding the principles of successful business. We also recommend. Carol Slinker. Fuse Henry. Jillian Emmert. Epic waters. Feninda Amalia. Texts Video icon An illustration of two cells of a film strip.

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Sign up Log in. Remember that the goal is not just to make a single sale, but to create long-term, mutually beneficial relationships with customers. The best businesses in the world deliver the value they've promised to their customers in a way that surpasses the customers' expectations. Streamlining your value stream. Map out your entire value creation and delivery process, from raw materials to customer delivery.

Look for ways to eliminate unnecessary steps, reduce waste, and improve efficiency. Continuously refine this process to deliver value more quickly and consistently. Meeting and exceeding expectations. Understand that customer satisfaction is based on the difference between expectations and actual performance. Aim to not just meet, but exceed customer expectations whenever possible.

This often involves providing unexpected bonuses or superior service that delights customers and encourages them to spread positive word-of-mouth. Building systems for scalability. As your business grows, it's crucial to develop systems and processes that allow you to deliver consistent quality at scale. This may involve:. By systematizing your value delivery, you can maintain high quality even as you serve more customers and expand into new markets.

Understanding key financial concepts. Familiarize yourself with essential financial concepts like revenue, expenses, profit margin, cash flow, and return on investment. These metrics help you gauge the health and performance of your business. Regularly monitor these indicators to ensure your business is financially viable and growing.

Pricing strategies. Develop a pricing strategy that balances profitability with market competitiveness. Consider factors like:. Experiment with different pricing models and structures to find the optimal balance between revenue and customer attraction. Financial planning and management. Develop sound financial management practices to ensure your business remains solvent and can invest in growth.

This includes:. Remember that while profit is important, it's not the only measure of success. Focus on creating sustainable value for customers, employees, and other stakeholders, which will ultimately lead to long-term financial success. Motivation and productivity. Understand the factors that drive human motivation and productivity. This includes recognizing the importance of intrinsic motivation, setting clear goals, and creating an environment that supports focus and flow.

Apply these principles to yourself and to those you work with to maximize effectiveness and job satisfaction. Communication and influence. Develop strong communication skills to effectively convey ideas, build relationships, and influence others. This involves:. Leadership and management. If you're leading a team or organization, focus on creating an environment where people can do their best work.

By understanding and working effectively with human nature, you can create a more productive, innovative, and harmonious work environment. Systems thinking. Develop the ability to see businesses and markets as complex, interconnected systems.