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What is the single most important thing you've learned about business that college can't teach?
Today the Under30CEO blog published a list of five things in business that college can't teach.
1. The ability to adjust
2. The ability to preserve
3. The ability to have "Blinders"
4. The desire to keep learning
5. The ability to stay Hungry
What would you add to this list?
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18 Answers
That success depends very little on what you know, and very much about your ability to work effectively with others.
Also that where you went to college means very (very) little.
The value of teamwork. College (indeed, most formal education) is all about individual achievement. The real world is not.
There is NO law of supply and demand. There is ONLY the law of demand. And economic downturns prove this.
All the supply in the world is irrelevant without demand. And if there is demand then supply will follow that demand. But if there is supply demand does not always follow.
So, in a nutshell you must work aggressively on the demand side of the business equation...
Do not spend or invest all your funds. Keep a war chest.
Just did a series of post on what are essential traits of successful entrepreneurs. I think you-all touched on most of them. However, it is nice to know that research backs up your insights. This research was done using the Five Factor Model (aka The Big Five) shows these traits are essential to business success:
Openness to Experience
Conscientiousness
Able To Take Risks
Emotional Maturity
CURIOSITY, PERCEPTION, INSTINCTS and DECISIVENESS
How to find, measure and respond to hidden factors.
Tempered courage: chutzpah without arrogance or belligerence.
There is NO law of supply and demand. There is ONLY the law of demand. And economic downturns prove this.
How to be lucky.
I have been lucky for 35 years,
but it wasnt covered at all on my MBA!
How can one set and achieve goals and keep a positive mindset?
I am learning all of this from Brian Tracy.
I studied Economics.
I am now entering the world of sales, and I see sales as the key to business growth. Once I learn sales, I will understand economics (the laws of supply and damand, and the factors that make consumers happy, and the factors that help generate the greatest profits for any given business).
How to let go.
You have to learn how to let go of old ideas, models and ways of working as fast as the world is changing.
You have to let go of conceptions of how you think you are supposed to be and be who you really are.
You have to let go of learning to embrace the reality experience is showing you. You have to let go of clients when you have outgrown them or they just don't fit the profile of who you want to work with.
We have to be more like monkeys swinging through the trees - weighted in the present, and almost simultaneously letting go of the past while grabbing onto the future.
The ability to value and evaluate people beyond metrics.
Together, let's out the fun back into work!
Belldon Colme
belldoncolme@gmail.com
Responsibility and Leadership
Work ethic.
Work ethic.
Negotiation Skills, leadership skills, work life balance
College can teach you lots "about" business, but only business can teach you how to do business successfully. That's why so many successful business leaders have at least one failure in their background.
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