www.realmenrealstyle.com/alternatives-to-mba/ - Click here to read Is Getting An MBA A Waste Of Time? *WATCH NEXT: How To Introduce Yourself PROPERLY* - th-cam.com/video/EDfdFBIMACQ/w-d-xo.html Are you ready to up your style? Click here for the BEST style course on the planet! www.thestylesystem.com www.realmenrealstyle.com/zero-to-launch-ramit - Click here to learn how to launch your profitable online business www.realmenrealstyle.com/30-business-ideas-ramit - Click here to discover 30 Business Ideas www.realmenrealstyle.com/28-ways-ramit -Click here to find out 28 things that people pay for Video Summary: 1:56 - Money 2:15 - Opportunity Cost 3:27 - Alternative # 1 Spend 30 minutes daily investing in yourself 4:31 - Alternative # 2 Try very specific online education 5:31 - Alternative # 3 Hire a coach or a mentor 6:40 - Alternative # 4 Join the Marine Corps 7:41 - Alternative # 5 Start a business facebook.com/groups/rmrscommunity/ - Click HERE To Join our online Facebook Community facebook.com/RealMenRealStyle/ - Like Us On Facebook! instagram.com/rmrstyle/ - Follow Us On Instagram twitter.com/rmrstyle - Tweet Us! www.pinterest.com/rmrstyle/ - Follow Us On Pinterest
I am still in high school and I am overwhelmed by the number of options to choose from in the college can you make a video talking about what to choose?
I think MBA is like your personal trainer at the gym that costs a lot but can or cannot get you desired results depending on your goals and discipline.
@@joellim7010 Its called google. All that information is free on online. That material is not rocket science its more common sense stuff. You can learn all that by yourself.
Spot on! What I learned in the Marine Corps about leadership and managerial effectiveness is heads and tails, in my opinion, above any tier one MBA program. Good video Sir!
I was 23 when I graduated from college. My GF was pregnant after a year, got married, I was unemployed at the time. I wish i had more time to study MBA. Now, i need to work to provide for my wife and daughter. With 3 companies experience. I wish I have MBA degree before joining. The salary is much higher and promotion is much better. Even tho experience is the very important. In my honest opinion, when someone (also me) said, MBA is a waste of time. It is a way of patting themselves for not having MBA degree. Im still thinking about doing MBA but like I said, I have to provide now. So that is a sad part of my life. And in USA, i think MBA is worth it when it is from dope university only. And excellent candidate with 3rd class university MBA degree will always lose to Harvard degree holder with lowest score. The Brand is important to many corporate. That is why Harvard charged higher.
Thanks Antonio, great video. My 2 cents, I recently got an MBA after 4 years of work after graduating. I knew I want to get into entrepreneurship but I knew that the path would be tough to directly get into, given the fact that my overall background wasn't strong in business and I just knew I was falling short of some critical skills. 1 year of MBA gave a lot of knowledge about Marketing, Finance and atleast a glimpse of stuff you just mentioned. I landed a great job after that and now just want to make sure this 'entrepreneurship goal' doesn't get diluted working for someone. As for my opinion, I would say MBA could be a good investment and it's tough to say whether it works out well or not without diving into it. Would recommend people to just listen to their gut and take their decisions.
But you can suggest some good university who are good enough to make their student a better employee and place them into their desire field or else help them to take the first steps of their career and hit the same level.
+Fahad M Khan Google universities and their ranking, and many such things, these questions are already asked on Quora.com, have a look there. I would say, always ask yourself what's your dream and what you are lacking in order to get there, don't listen to others and you will get there ;-)
+Abhishek Dhas thanks Abhishek :) but 1 questions I Wana ask from u please is, Doing MBA after graduation is good ? or else I should get in to work after my graduation,get experience, and then do MBA ?
Education is a tricky thing. What works for one person won't for another. For Example, Benjamin Franklin, arguably one of the finest minds of his day, was able to retire a wealthy man by the age of 42 with only two years of formal education. Perfect example of a self learner, but not many people could follow his example and succeed.
The pro's of doing an MBA that you mentioned at the beginning ticked all the boxes and my reasons for wanting to do an MBA. Thanks for the tips, good vid.
Thank you so much for sharing this. It's perfect for our changing economy. I am ready. I know my WHY! I know what I want AND I'm on a threshold. It is time for the right level of change in MY life. I am working hard to reach my dreams. In the beginning of this year, I set 12 goals. Interesting enough I already reached a couple of them that I thought would be the hardest to attain. REACHED: 1. Appeared on TV in a Real Estate feature. 2. Finished my book and schedule a publishing date. 3. Learned to do 3 new things with my kids that they like to do (ride a hoverboard, ride a rip stick, learn their trendy dances) 4. Scheduled a public speaking engagement in front of 200 people (spoke before 500). 5. Start a new business. (In process. Will launch soon). 6. Read 12 books. WAITING: 7. Schedule a public speaking engagement in front of 500+ people. 8. Schedule a public speaking engagement in front of 1,000+ people. 9. Get 6 home listings over $1,000,000 each (already have 1). 10. Help my 2 older sons start their own businesses. 11. Learn conversational Greek. 12. Finally purchase a motorcycle to take my father on rides again. I already reached the toughest one. I appeared on a Real Estate related TV special. It was nationally televised. Each goal I reach is replaced by a bigger goal. Here is my appearance on NBC Open House TV ... th-cam.com/video/VPaukfDHaVw/w-d-xo.html Like I said, I replaced each reached goal with a tougher one. I ask that as you read the next six goals, you read the reached goal first and then the new goalI replaced the first 6 goals with the following: 1. Appear on THREE TV Specials where I speak directly. 2. Write 7 children's books (a series). 3. Learn 6 new things with my kids. 4. Shake hands with 6 nationally recognized multi-millionaires. 5. Start a Christian Church that stays true to Jesus Christ's greatest commandment. 6. Read a book a week! BONUS*** Buy Mom and Dad a better home. I know my why. I am George L. Rosario. Remember me. I'm the one. George L. Rosario NYC's Hometown Realtor www.GeorgeRosario.com snip.ly/k2zf7 #glrosario #RosarioShalomayevTeam #NYC
Antonio, a couple videos back i mentioned multi tools and pocket knives around the office. i just wanted to fill you in on my purchase. I bought a kershaw shallot designed by ken onion. It was only $60. Best knife i've ever owned. It is sharp both in function and in style. It is a wonderful silver color and is thin. It fits right in any pocket, jeans or slacks with ease and is slim and light enough to not be noticed. There are no thumb studs so it will not ruin or catch on clothing. Truly a noteworthy tool and one to consider in your upcoming video. Can not recommend it enough. It truly has been a conversation piece. Some of my colleagues also recommended a tactical pen from our talks about my new kershaw. I may buy one in the near future. They mentioned CRKT. They had said it was a fantastic pen to write with and one that can be used for defense if ever needed. Just wanted to update you and maybe spark some ideas for a future video!
I'm a regular viewer of your page and I was really surprised to hear your POV on whether getting an MBA. You helped me continue with my decision: I spent the last two days making my own MBA program combining books, workshops, and certificate programs. My capstone project will be starting my business - pray for me! :-) I attended grad school twice and dropped out because it was a waste of time - now I'm excited to put effort into a program that I care about and will produce a positive outcome for me and my family.
This is the single best video I have watched on the pros and cons of getting an MBA. I have been considering getting an MBA for a long time, and I have watched many videos and read many articles on the topic. This video was packed with solid and relevant info, yet it was concise. Much appreciated. I can't wait to explore your other videos.
@@christianhustad7055 I did my friend. But languages in general is my weak point. TH-cam does not provide spelling check. But if you can, stick with the topic, I can always have my secretary take care of my English. 😊
It was worth my time to get an MBA with a concentration in accounting. I don't agree with your assessment of the cost to get an MBA, in some areas it may be accurate but my experience was at Mount Saint Mary College in NY, MBA cost less than $30k. The accelerated program took me about a year to finish.
On a more serious note. I did my Bachelor of Arts in Business Administration on a private school of Applied Sciences for a total of about 12.000€ (I am German). Even the boss of that school said the MBA is a waste of money and time, because the learning content is exactly the same but in just in English. A specialization is always the key to success. So at first I chose MSc. Finance and Accounting (2 years, another 10 grand). After 1 year I learned that this will not meet my expectation. So I switched to my original Interest and Hobby: IT. So starting in march this year, I will start with MSc. of IT Management. Luckily I can transfer 3 modules, thus "starting" in second semester (total of four). By the way, this is a lecture besides the actual work, so I earn money. Lectures are in the evening and on weekend. It's hard but manageable. In the end I have work experience and theoretical knowledge. The industry demands it...
Yogesh Supare Getting a job from mba depends on the college you're in and the efforts you put in. Average colleges don't get enough placements hence students struggle with jobs later.
I subscribed 2 weeks ago, introduce this channel to 5 of my buddies and they subscribed, and I made them download the app! Such an informative channel.
App is great! If I might make a few suggestions. The pictures are very cartoonist like, might need to render these pics to look more realistic. Also, although I know it is early days, but links to where you could shop and purchase the items. Advertising for the app and extra coin in your pocket.
Great points. Before going down the path of getting one you should know what your ultimate vision and end goal is and how a specific MBA will help you get there. Going in assuming it will get you a higher salary, better title and status is a dangerous way to think about it as you may not see a ROI on your time and money invested. The largest benefit of an MBA is the network you may acquire so where you go and ensuring you engage socially is very important. Thanks for laying out the key summary points and making high quality content. Cheers.
I got my Bachelors in Business Administration and by the time I finished I knew I didn’t want my MBA. I have always been a engaged leader in the Army and I enjoy having Soldiers, so I will be pursuing a Masters in Organizational Leadership. I know I am late, but thank you for your guidance and advice.
For me getting an MBA was a total waste of time, effort, and money. Unless you go to one of the top schools the degree not worth the paper it is printed on unless you have some killer work experience to go with it. Middle management has been automated out of existence. Much of what you learn in business school is just common sense and the rest of it is out of date.
Snow 123 If so that may explain it...business is ever evolving, there's no one MBA program that could teach you everything that you will need to know about the world of business...that's why CPE programs offered by professional or trade organizations exist.
More great advice. I think like you in that not everyone needs to have that "title" and many people probably just get it because they like business but are a little unclear as to where to apply it except to work in the corporate sector. I think the stigma of the pedigree of an MBA is what drives people and it sort of like the " I made it and have an MBA" is the end result, but a false one. And all the debt accrued to acquire such debt is crippling. I am not into the business world as such, but think this is valuable information that is valuable not only in the MBA circuit, but in other aspects of career.
Hi Antonio, I agree with your insight. An MBA is for certain specific career pathways and not everyone will benefit. Your alternatives are very refreshing and reassuring. Excellent advice everyone should take on board. Thankyou
2 points. Not all MBA programs are 100K expensive. Mine is only 40K and has a high potential ROI. Also, a lot of schools now offer part-time or online based programs so you can still work full-time while going to school.
Not entirely true, Steve Jobs of US, Richard Branson of UK, Soichiro Honda of Japan built great businesses in their respective countries without completing their college not just MBA
Investors give 0 fucks if you got an MBA...they want to know if your idea will make them cold sweet money.. "Oh wow, you have an MBA?? Tell me more about how that's gonna make your shitty idea any better :)"
Another alternative is doing a post-graduate certificate or diploma in a specialized area, preferably online. It costs a fraction of the MBA cost, plus it doesn't teach general business courses, as with the MBA, rather it teaches occupation specific skills.
Nothing off the top of my head now, because so far, I'm really impressed with your channel's content. Just keep up what you're doing! I've just entered my 20's and am starting to build a wardrobe from scratch. Just recently bought my first suit! Thanks for the motivation and lessons!
Another great possibility in combining the military and mentoring suggestions he mentioned is to become a Bodyguard for an Executive. You will never tearn more about being one than to follow one around all day and protect them with your life. That was the most valuable training for the business world that I ever received. Yes I do also have a very general, generic MBA, but my company paid for it.
Great words of wisdom, although I find MBA better for people already running a business or being in a position that needs more exposure towards other like minded.
Antonio, As usual a great job with this video. Once again you have hit the nail directly on the head. I happened to be an individual with more seasons behind him then probably most of your audience. I have read a number of those books and self educated myself to where I am today. As you pointed out find it in yourself find away and you can get it done
I'm three courses from finishing my MBA (Private, Southern California University). Before enrolling in the program, I decided to work full-time for the University (80% Tuition discount for employees) directly out from my Undergrad. This has helped immensely with my ability to afford the education, considering the cost of my undergrad program. Opportunity costs are reality, but I found this a great strategy, that worked for me.
I did my undergraduate degree in social work & gender studies. Loved the program and I learned a lot of transferrable skills, but it wasn't for me. After the four year degree I went straight into doing my MBA. I'm halfway through now (Canadian MBA in Toronto) and I've found that it's a lot more beneficial to get an MBA when you have a different undergraduate degree as you have a different perspective on things. I have many peers that are not learning anything new and wasting a lot of money on the program since they're straight out of a 4 year business undergrad.
Obviously this information is valuable for both men and women. In spite of your branding, maybe consider scripting and marketing videos like this one to both audiences. It's really jarring to receive your message and then hear, "Gentleman..." :) Thanks making really thoughtful videos!
Another alternative would be to look into other types of degree/certification programs that are out there other than a MBA. For example, I would recommend for those working in finance or finance related fields, you should look into the Chartered Financial Analyst (CFA) program. In some instances, becoming a charterholder may mean more than a MBA, though I will say it is not easy to get.
Military in general is a good move for strong minded people. The benefits on the other end are unparelled especially for a couple years of service. I'm finishing up on a four year enlistment in the near future and am going to get a business degree.
I’m strongly considering getting an MBA as it’s considered table stakes for Director level and above at my company, but I have to say that of the 10+ MBAs I work with, you wouldn’t be able to pick the vast majority out of a lineup. No standout business acumen or insight over non-MBAs, and nearly all of them went through high level Canadian programs like DeGroote, Rotman, Ivey etc…
I just finished my undergrad 5 months ago. I majored in Accounting. I was going to study for the CPA/FAR exam but decided I want to go back to school for an MBA. I'm writing my Statement of Purpose right now. I've been in business all my adult life. Insurance, Banking, and Accounting. I want an MBA so I can be a community college business educator.
Another alternative could be to go straight for the credentials people are likely to get in the career you want to pursue. For example, in the Investment Banking world, you could get an MBA, or you could get your CFA (Chartered Financial Analyst designation) which effectively carries the weight of an MBA. While it can take about the same amount of time, it on'y costs a fraction of the price, but offers significantly more real world applications. An MBA could be practical, but it isn't necessary as in years past.
I never actually wanted to lead, I thought that it would be too stressful, but one day at my job, I had no choice. A co-worker of mine, just getting out of cashier training, and she had to open the store. She was super nervous and she begged me to run the front. Of course I was nervous but I stepped up to the plate and at the end of the day, my manager told me I did a very good Job; Afterwards, whenever my front end lead manager was sick, or off, She would rely on me before anyone else to run the front because I treated my employees like family and treat them with respect and everything runs so smoothly!. I resigned from the company last month, but who ever knew that I can be a leader!
Mentors have helped me consierably throughout my career by challenging me to do new things and broaden my skillset. Its a very useful resource but you do have to humble yourself a little first and realise that there are people out there that know more than you and that these peopele can help you achieve what you want to achieve and even things that you didn't think you were even interested in. I look back on the last year of my career and its been an overwhelming success doing things that I never thought I'd ever be doing.
I have 3 years working in low-level supply chain management and enjoyed it. I'm looking to get back into a supply job, but, most employers want a bachelor's in business. I'm a veteran who's stumbled in using his VA education benefits, using some on general study credits not necessary for transfer, wasting some on predatory schools, and accruing 4 dropped courses: i have 12 months of the Post 9/11 GI Bill left, but, have the Hazelwood act available, as I enlisted in Texas. I'd have to do 2 part time semesters of pre-reqs before I'd be able to transfer somewhere like Mays Business School at A&M. Even with VA benefits, I don't see how I could avoid taking out student loans for living expenses. I know others would kill to have tuition paid for, but, I just don't know if getting even a bachelor's in business, to work supply chain, will be worth it in the end. I really hate the idea of taking out student loans. Would you say go for it, or, apply to jobs in supply chain, hoping employers will overlook my lack of degree? Thanks.
Again an excellent video with great advice! Even though I have 2 college degrees, my real education started in the workplace. I learned more from my mentors than I ever did from my professors. Although I am at traditional retirement age, I keep working, and I keep learning every day. There are so many more opportunities available today because of online resources. Thanks again for your excellent channel!
I HAVE AN MBA. YES IT DIDNT CHANGE MY CORE PERSONALITY BUT IT DID HELP ME REFINE SOME OF MY RAW ABILITIES. IT DIDNT NOT TRANSLATE INTO POSITION OR MONEY BECAUSE I DIDNT USE IT TO GET THERE! IT IS A BEGINNING OF ANOTHER CHAPTER. IT DEPENDS ON HOW YOU USE IT.
Such a great video, Antonio. I'm doing a business diploma right now and I'm fairly confident that starting a business from scratch would provide a better education. Luckily for me the opportunity cost is low. Great content on this channel - thanks for doing it.
+PaPa Morty Glad it helped.you can also check out the resources and practical tools to help you start and grow your own business.- www.realmenrealstyle.com/resources/business-education/
A district court judge told me that the more formal education you have the higher your income will be. The problem is that if you lose your job for whatever reason, you are largely overqualified and you don't have many job prospects. The only option is to start your own company.
Many companies are taking a look at Master's of Arts in Executive Leadership MAEL as well. This program teaches the ART of leading. It is an excellent alternative to an MBA. That's currently what I am taking because it is more geared toward the entrepreneurial individual. Hope this helps!
I don't know of any kind of learning which is a waste of time (except learning to play FarmVille and Candy Crush Saga). Broadens the horizon and your perspective. It also increases your earning potential.
I very much agree with this. An MBA isn't for everyone. I decided against it years ago and don't regret it at all. I did, however, decide to get an MSc. in Strategic Management. When I looked at it, the MBA was too expensive for what I would get out of it. I majored in engineering and minored in business as an undergrad. For the minor, I took 2 semesters of accounting, 2 semesters of economics, a finance, and a management course. When I was looking at MBA programs, I would have had to re-take all 4 of those courses. I even looked at the textbooks and both accounting and finance used the exact same books. No way was I going to pay tens of thousands of dollars just to retake multiple classes I took a few years earlier. Anyway, I learned so much more in the specialized program and am extremely glad I went with that due to where my career has gone since. On a totally random note since you said you want to UT: I've fired 2 people HR hired who had McCombs MBAs due gross incompetence during their first month. Graduating from a "good" school doesn't ensure a "good" employee.
Hello Mr Brian R , iam planning to study strategic management also in Germany (Msc) do u recommend this Master from your own experience ? Thnx in advance
Thanks for a wonderful article Antonio. I will not go into the discussion about whether you should get an MBA or not (as this obviously depens on a lot of factors). I will however thank you for the comprehensive list of alternatives, and the tools you have used to grow your business.
I was surprised how much of the leadership at my old job had come straight from high-ranking positions in the military. Still, some of those individuals were known to treat their subordinates as if they were in the military, which isn't a leadership style that's most effective with everyone.
Great information! This information is valid for ANYONE who wants to know the truth of whether to study their profession and get a degree first in school , or to go straight into the work force.
If someone is in undergrad, taking ROTC levels MS 1 and MS 2 teaches leadership without having to sign a contract. If you like it, you walk right into a management position as military officer.
God bless u ..just seen this video amazing. I will forward to both of my son and daughter. thank u I am even considering this. keep it going hope you have great success. blessings
I spent 10 yrs in the US Army as an infantry officer and the leadership skills I learned are serving me well. However, I have decided to at advantage of the GI bill and get my MBA. I ETS in 2006 and have been working in Corporate America ever since and after finishing my 1st yr of school I can agree with Antonio about it being theoretical in teaching and much more harder to apply in a real world setting. Sorry Antonio I still believe the Army is better than the USMC in producing great leaders..lol!
I have an MBA from a top so-called "modern" British university. It didn't help me at all. I went into financial services and later migrated to ERM - Enterprise Risk Management. I had to learn mathematics, statistics, Operations research models, econometrics and actuarial sciences all on my own. To describe me as a self-educated person won't be wrong at all!. Most of the MBA programs don't teach quantitative methods and hence students suffer in practical life.
I'm a high school senior going into college next year. I just want to let everyone know that cost is not a barrier...I got a full ride for my undergrad degree through scharships to my first choice school. If you maximize your high school years, higher education is very achievable for anyone.
I got my MBA to enhance my chances to return to a career I enjoyed after having to separate from it due to relocation and other issues. It worked for me and I used the skills I learned from it. But, you're right: it's not for everyone and the loan debt is not fun. Thankfully, mine isn't as exorbitant as some folks.
Unless you end up in the top 10 ranked schools, a MBA will likely not raise your earning potential enough to justify paying up to 100k and taking years off work. Also it's a networking opportunity and with the top schools you're meeting a much higher caliber of business executives from around the world. For example the Financial Times' top ranked MBA program for 2015 is Tsinghua/Insead EMBA, from 2 business schools which most Americans have never heard of. As others have said, there are some qualifications for specific industries that are well worth pursuing, such as the CFA program for finance professionals.
I have my own company (doing construction and contracting work) but I'm not satisfied with its performance and feel like there are things to improve on which don't have the knowledge yet. Also, I think I can benefit from the network that I develop in school and who knows that some of my classmates may become my future clients too! Having said these, would you recommend doing an MBA for someone like me?
In Europe, an MBA is usually either (partially) payed for by the employer or is followed by people fresh out of university or who are starting their career in business. I am considering an MBA after my PhD in order to set up a network and get the necessary economics, financial and legal knowledge as I am only specialized in Technology.
Hey Antonio, great video again 👍 what I believe a person should choose an MBA program only after a clear and objective analysis of what he specifically wants from the course for his aspirations . As u said already 75% of teaching faculty never had a hand on experience of any business so they lack elements of dynamism and static theories may not ignite million dollar ideas for those that want to startup. The suggestions here are actually the real central idea for developing as a Business Administrator and going a distance in the pursued aims , classes are peripherals .
Antonio, this is by far my favorite video that I've ever watched of yours. VERY well done! I think your advice was *extremely* practical and applicable... I own a couple of those books you recommended too, but I'll definitely pick up the others. Thanks so much :)
I want to start as a welder. MOS given to me, I can use the GI Bill, I can get it done and find a 50k salary job off the bat. Would it be worth it to pick an industry for welding, get my MBA maybe online, and shoot into the corporate side of a company or even further? I feel like it would definitely open up my options, and welding will never go out of demand. I can always fall back onto my certificstes and just continue on and make great money, but that MBA will always be there. I can really pick either one at that point, and not really be hurting too much with the money I make. My only question would be what kind of money can I make beyond 50k in the corporate world vs. Welding? I want to land myself in a managerial, or logistics role. Managing people, managing money, materials and assets for a company I work for. I have a wide range of interests and i'm not exactly sure what to choose. I guess I have research to do
I’d say if you toke bachelors in any sectors of business, take MBA in other sectors that suit your passion, expand knowledge, not everyone does it though
I earned my MBA while working at a university, which greatly reduced the cost. That situation split the difference between incurring a great opportunity cost (I wasn't earning much money, but the cost was less), and being completely out of the work force while studying. My impetus for earning the degree was to get a broad theoretical base to get into the business world from the non-profit sector. If you already have 10+ years of real business experience, professional certifications in your field will probably be more effective overall. An MBA is not the magic bullet it may have been in the past, and this video points out important dimensions of making the right decision about earning that degree.
I am working on MBA at local state university part time while also working and getting tuition reimbursement. An MBA from a top school is a golden ticket but a huge investment. At any other lower tier university, it is up to the individual to work hard and apply knowledge and experience to prove their worth and success. I could have gone to a top school, but the prices are simply outrageous. For me, the textbooks are the same, and cost difference for brand name is not worth it. I know many Ivy grads who are pretty brainless. Reading books and then applying the knowledge is key. Turning knowledge into action is how to achieve success and it doesn’t matter where you get the knowledge from - book or formal school. You can never lose knowledge once you get it. The increase in income can be quite large just from reading many, many books.
Interesting. I was ask if I do not want to join the army, but I do not really want to, but listening to what you can benefit from it, I might reconsider. Great tips. How come I missed this? hahah
woah man i've recently found your chanel and it really amazes me i didn't have time to watch all your videos but the one i've seen so far are very useful,they changed my thought i really want to say you 'Thank you !'
I'm currently studying business for my A-Levels in college (UK) and I one day I hope to potentially set up my own business, thanks for the video Antonio!
But, without an MBA or e-business undergrad degree to draw attention to all aspects of doing business, how would you know what you need to read or buy to read?
+utubewatcher806 Here are the resources and practical tools to help you start and grow your own business - www.realmenrealstyle.com/resources/business-education/
i think if you are making lower amounts of money as you said in your example of 24k or 30something K... no brainer get an MBA because you will tripple your income when the degree is earned. (assuming you are going corporate) I went into the business world without it (have an econ/business undergrad) and didn't ever use my education other then life skills, and I'm self made, but I have the opposite view... I think most people won't be self driven sales reps or entrepreneurs (either without drive or without the tools/capabilities), so for the bulk of people they probably need to get the highest form of education available to them. Many companies have tuition reimbursement, or take advantage of any financial aids you can. but the student loans can be paid relatively quick if you take your new income and pretend you never got a raise... live off of the 30k you were previously, then sink all aditional income into the raise then you are only a few years out from paying it completely off. So now even if you don't get any sort of financial help, you are still in a much better boat than you would be by not getting the MBA.
Mine was paid for by my work, however since graduating it has been completely useless. My biggest regret was not networking enough. In my experience; it is true more about who you know.
+Real Men Real Style it's actually been very difficult. As with most corporate positions, moving up is more about relationship building and networking. As an introverted individual who worked full time while pursuing both my BA and MBA that was very much a missed opportunity. So I'm now trying to build relationship and fine tune my focus and skill set. Hopefully, down the road the MBA will come more into play.
The internet and alternative education has changed the scope of education. Outside of the hard sciences, it's hard for me to justify anything above a 4 year degree for a business application. At one time, trade schools were frowned upon. Today most 4 year degree diploma's aren't worth the paper they're printed on. A trade school diploma might be the better choice today... especially if you have an entrepreneurial spirit. YMMV ;)
There's more to education that just what you can read in a book or learn in a course. Much of the value of higher education is in the people you meet in that environment. It's often much harder to meet the same kinds of people elsewhere.
Yes... but... make sure you go to a school that has faculty and students of the proper influence. Else, all you're mingling with are a bunch of other idiots looking for opportunities. Sure, a few professors will be well connected, but they won't tarnish their name by recommending more than a tiny handful of the best, or the ones that are sleeping with them.
RMRS I fully agree with you Sir, your presentation was just great sir, hard to accept but it is probably a bitter truth for many of us. I could not complete my One year Full time MBA program in the U.K. for financial constraints.
I'm an MBA, trust me guys it is not a waste of time. it depends how you start your career and which kind of company you choosing to grow yourself. Don't blame on the degree. it's just a piece of paper how to use that piece of paper it upon to you. It's overly rated course now. people get this degree from the unknown institute, online etc when you go to market then you realised you been cheated and got frustrated. It's my opinion i might be wrong.
I MBA from a top school is the only way to some firms. Lower tier will not allow that advantage, I think online and also the change in the economy with IT learning may switch to platforms like coursera.
My question regarding this is how do you take into account what employers are going to want and career advancement? For example, reading books and studying online (not a degree but like you suggest) isn't really something most people put on a resume. I understand how starting a business can advance a career because it is a recognized and respected "advancement" or attainment. So for someone wanting to actually advance professionally in a world where credentials are everything how do you reconcile this with your post? I'm sincerely interested since higher degree is what my husband is considering now, though not an MBA.
+Beth Curtis If you are in the corporate world and you intend to stay there - an MBA is a smart choice to give your career a boost. Alternatively, if your education is paid for through a government grant or your current employer, a graduate school program is probably worth your time and effort.
you covering the " motivational"part of an MBA but the academic side of it will not be covered by your "alternatives", and in most high paid positions you will not even get an interview with a resume with those "alternatives" written on. Even as an entrepenur, the network of professionals you will know in the program will be really beneficial.
www.realmenrealstyle.com/alternatives-to-mba/ - Click here to read Is Getting An MBA A Waste Of Time?
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Video Summary:
1:56 - Money
2:15 - Opportunity Cost
3:27 - Alternative # 1 Spend 30 minutes daily investing in yourself
4:31 - Alternative # 2 Try very specific online education
5:31 - Alternative # 3 Hire a coach or a mentor
6:40 - Alternative # 4 Join the Marine Corps
7:41 - Alternative # 5 Start a business
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I am still in high school and I am overwhelmed by the number of options to choose from in the college can you make a video talking about what to choose?
What you said hit the hammer on the nail. Some of those professors don't have a business or have nothing to do with business.
Should I still finish college?
+Alexander Christian Ching Well,...DUH!!! That means yes, just not Texas A&M.
+Ian Burgess Good idea! Thanks for the suggestion.
I think MBA is like your personal trainer at the gym that costs a lot but can or cannot get you desired results depending on your goals and discipline.
Depends on your major
MBA is beneficial in moving up in your career. I have a MBA and it helped me out! 👍
So I can get a job quick
@@marianaavalos2948 dont believe the b.s. vast majority of M.B.A. grads cant find work and dripping in debt. its a scam.
I have an PhD but have decided to go back and get an MBA ...my PhD didn’t open the managerial doors as I hoped it might ...
how can i get a free MBA that doesn't require me to be bonded?
@@joellim7010 Its called google. All that information is free on online. That material is not rocket science its more common sense stuff. You can learn all that by yourself.
Getting an MBA after my engineering degree was probably my decision. There is so much demand for engineering/business people!
Is it the best program, for someone with engineering degree?
I have my honours in engineering, and currently completing my MBA
I want to study both at the same tine
@@steventcheouafei174 try industrial engineering
I hold an engineering degree and i agree with you.
Spot on! What I learned in the Marine Corps about leadership and managerial effectiveness is heads and tails, in my opinion, above any tier one MBA program. Good video Sir!
+Eddie Wright Thank you for the feedback sir!
I was 23 when I graduated from college. My GF was pregnant after a year, got married, I was unemployed at the time. I wish i had more time to study MBA. Now, i need to work to provide for my wife and daughter.
With 3 companies experience. I wish I have MBA degree before joining. The salary is much higher and promotion is much better. Even tho experience is the very important.
In my honest opinion, when someone (also me) said, MBA is a waste of time. It is a way of patting themselves for not having MBA degree. Im still thinking about doing MBA but like I said, I have to provide now. So that is a sad part of my life.
And in USA, i think MBA is worth it when it is from dope university only. And excellent candidate with 3rd class university MBA degree will always lose to Harvard degree holder with lowest score. The Brand is important to many corporate. That is why Harvard charged higher.
Lies
@@Lakeshow0024 pardon?
@@Lakeshow0024 i speak from experience. If this doesnt apply to you, good for you.
Things Completely Opposite In India 90% MBAs are useless
I'm joining the Army. I want to use the GI Bill to pay for my MBA.
Thanks Antonio, great video. My 2 cents, I recently got an MBA after 4 years of work after graduating. I knew I want to get into entrepreneurship but I knew that the path would be tough to directly get into, given the fact that my overall background wasn't strong in business and I just knew I was falling short of some critical skills. 1 year of MBA gave a lot of knowledge about Marketing, Finance and atleast a glimpse of stuff you just mentioned. I landed a great job after that and now just want to make sure this 'entrepreneurship goal' doesn't get diluted working for someone. As for my opinion, I would say MBA could be a good investment and it's tough to say whether it works out well or not without diving into it. Would recommend people to just listen to their gut and take their decisions.
But you can suggest some good university who are good enough to make their student a better employee and place them into their desire field or else help them to take the first steps of their career and hit the same level.
I got graduated this year please help me to make a decision whether I should da an MBA or not ?
+Fahad M Khan Google universities and their ranking, and many such things, these questions are already asked on Quora.com, have a look there. I would say, always ask yourself what's your dream and what you are lacking in order to get there, don't listen to others and you will get there ;-)
+Abhishek Dhas thanks Abhishek :)
but 1 questions I Wana ask from u please is, Doing MBA after graduation is good ? or else I should get in to work after my graduation,get experience, and then do MBA ?
Education is a tricky thing. What works for one person won't for another. For Example, Benjamin Franklin, arguably one of the finest minds of his day, was able to retire a wealthy man by the age of 42 with only two years of formal education. Perfect example of a self learner, but not many people could follow his example and succeed.
+Agriking You're right about that - the same thing for getting an MBA or dropping out of school and starting a business.
The pro's of doing an MBA that you mentioned at the beginning ticked all the boxes and my reasons for wanting to do an MBA. Thanks for the tips, good vid.
Thank you so much for sharing this. It's perfect for our changing economy. I am ready. I know my WHY! I know what I want AND I'm on a threshold. It is time for the right level of change in MY life.
I am working hard to reach my dreams. In the beginning of this year, I set 12 goals. Interesting enough I already reached a couple of them that I thought would be the hardest to attain.
REACHED:
1. Appeared on TV in a Real Estate feature.
2. Finished my book and schedule a publishing date.
3. Learned to do 3 new things with my kids that they like to do (ride a hoverboard, ride a rip stick, learn their trendy dances)
4. Scheduled a public speaking engagement in front of 200 people (spoke before 500).
5. Start a new business. (In process. Will launch soon).
6. Read 12 books.
WAITING:
7. Schedule a public speaking engagement in front of 500+ people.
8. Schedule a public speaking engagement in front of 1,000+ people.
9. Get 6 home listings over $1,000,000 each (already have 1).
10. Help my 2 older sons start their own businesses.
11. Learn conversational Greek.
12. Finally purchase a motorcycle to take my father on rides again.
I already reached the toughest one. I appeared on a Real Estate related TV special. It was nationally televised. Each goal I reach is replaced by a bigger goal. Here is my appearance on NBC Open House TV ... th-cam.com/video/VPaukfDHaVw/w-d-xo.html
Like I said, I replaced each reached goal with a tougher one. I ask that as you read the next six goals, you read the reached goal first and then the new goalI replaced the first 6 goals with the following:
1. Appear on THREE TV Specials where I speak directly.
2. Write 7 children's books (a series).
3. Learn 6 new things with my kids.
4. Shake hands with 6 nationally recognized multi-millionaires.
5. Start a Christian Church that stays true to Jesus Christ's greatest commandment.
6. Read a book a week!
BONUS*** Buy Mom and Dad a better home.
I know my why. I am George L. Rosario. Remember me. I'm the one.
George L. Rosario
NYC's Hometown Realtor
www.GeorgeRosario.com
snip.ly/k2zf7
#glrosario #RosarioShalomayevTeam #NYC
Antonio, a couple videos back i mentioned multi tools and pocket knives around the office. i just wanted to fill you in on my purchase. I bought a kershaw shallot designed by ken onion. It was only $60. Best knife i've ever owned. It is sharp both in function and in style. It is a wonderful silver color and is thin. It fits right in any pocket, jeans or slacks with ease and is slim and light enough to not be noticed. There are no thumb studs so it will not ruin or catch on clothing. Truly a noteworthy tool and one to consider in your upcoming video. Can not recommend it enough. It truly has been a conversation piece.
Some of my colleagues also recommended a tactical pen from our talks about my new kershaw. I may buy one in the near future. They mentioned CRKT. They had said it was a fantastic pen to write with and one that can be used for defense if ever needed. Just wanted to update you and maybe spark some ideas for a future video!
+Matthew Risley Hey Matt! Really appreciate the video suggestion. I'll look into it. Cheers :)
I'm a regular viewer of your page and I was really surprised to hear your POV on whether getting an MBA. You helped me continue with my decision: I spent the last two days making my own MBA program combining books, workshops, and certificate programs. My capstone project will be starting my business - pray for me! :-)
I attended grad school twice and dropped out because it was a waste of time - now I'm excited to put effort into a program that I care about and will produce a positive outcome for me and my family.
tell us more about what you did pls
This is the single best video I have watched on the pros and cons of getting an MBA. I have been considering getting an MBA for a long time, and I have watched many videos and read many articles on the topic. This video was packed with solid and relevant info, yet it was concise. Much appreciated. I can't wait to explore your other videos.
MBAs were indeed oversold and overprised. But if you think it is a worthless degree then you probably should get a few mba classes.
Julio Suarez an MBA opens more doors
You should probably take an English Composition class.
@@christianhustad7055
I did my friend. But languages in general is my weak point. TH-cam does not provide spelling check. But if you can, stick with the topic, I can always have my secretary take care of my English. 😊
It was worth my time to get an MBA with a concentration in accounting. I don't agree with your assessment of the cost to get an MBA, in some areas it may be accurate but my experience was at Mount Saint Mary College in NY, MBA cost less than $30k. The accelerated program took me about a year to finish.
+David Brighina Good point! Thanks for the feedback.
On a more serious note. I did my Bachelor of Arts in Business Administration on a private school of Applied Sciences for a total of about 12.000€ (I am German).
Even the boss of that school said the MBA is a waste of money and time, because the learning content is exactly the same but in just in English.
A specialization is always the key to success.
So at first I chose MSc. Finance and Accounting (2 years, another 10 grand).
After 1 year I learned that this will not meet my expectation. So I switched to my original Interest and Hobby: IT.
So starting in march this year, I will start with MSc. of IT Management. Luckily I can transfer 3 modules, thus "starting" in second semester (total of four).
By the way, this is a lecture besides the actual work, so I earn money. Lectures are in the evening and on weekend.
It's hard but manageable.
In the end I have work experience and theoretical knowledge. The industry demands it...
+Klaus Erwim Exactly - specialization is the key to success.
I am a second year MBA student at Carnegie Mellon University. I completely agree with your opinion,
+Sayantan Bhowmick Great to hear! :)
Sayantan Bhowmick satya really doing mba is waste of time .. because right now Im struggling with job ...
Yogesh Supare Getting a job from mba depends on the college you're in and the efforts you put in. Average colleges don't get enough placements hence students struggle with jobs later.
Can you get masters in Business Without a bachelor's in business.
@@salysdream You need an undergraduate degree in something, not necessary to have an undergraduate degree in business.
I subscribed 2 weeks ago, introduce this channel to 5 of my buddies and they subscribed, and I made them download the app! Such an informative channel.
+Mace23q Glad to have you on board. Love how you made them download the app! :) What's your opinion about the app?
App is great! If I might make a few suggestions.
The pictures are very cartoonist like, might need to render these pics to look more realistic.
Also, although I know it is early days, but links to where you could shop and purchase the items. Advertising for the app and extra coin in your pocket.
Great points. Before going down the path of getting one you should know what your ultimate vision and end goal is and how a specific MBA will help you get there. Going in assuming it will get you a higher salary, better title and status is a dangerous way to think about it as you may not see a ROI on your time and money invested. The largest benefit of an MBA is the network you may acquire so where you go and ensuring you engage socially is very important.
Thanks for laying out the key summary points and making high quality content.
Cheers.
I got my Bachelors in Business Administration and by the time I finished I knew I didn’t want my MBA. I have always been a engaged leader in the Army and I enjoy having Soldiers, so I will be pursuing a Masters in Organizational Leadership. I know I am late, but thank you for your guidance and advice.
How's it going now
For me getting an MBA was a total waste of time, effort, and money. Unless you go to one of the top schools the degree not worth the paper it is printed on unless you have some killer work experience to go with it. Middle management has been automated out of existence. Much of what you learn in business school is just common sense and the rest of it is out of date.
Not true... your experience matters too, that can ultimately set you up for success.
FreecycleMichael Czechvar What school did you go to?😍
Snow 123 If so that may explain it...business is ever evolving, there's no one MBA program that could teach you everything that you will need to know about the world of business...that's why CPE programs offered by professional or trade organizations exist.
MBAs are a joke. Don't be one of those people who put 'MBA' after their names!
Agree with self educating and starting a business, but you can't underscore the value of having an MBA from a top business school on your CV
More great advice. I think like you in that not everyone needs to have that "title" and many people probably just get it because they like business but are a little unclear as to where to apply it except to work in the corporate sector. I think the stigma of the pedigree of an MBA is what drives people and it sort of like the " I made it and have an MBA" is the end result, but a false one. And all the debt accrued to acquire such debt is crippling. I am not into the business world as such, but think this is valuable information that is valuable not only in the MBA circuit, but in other aspects of career.
Hi Antonio, I agree with your insight. An MBA is for certain specific career pathways and not everyone will benefit. Your alternatives are very refreshing and reassuring. Excellent advice everyone should take on board. Thankyou
+Sukhwinder Kainth Thank you!
2 points. Not all MBA programs are 100K expensive. Mine is only 40K and has a high potential ROI. Also, a lot of schools now offer part-time or online based programs so you can still work full-time while going to school.
You can read all those books but and become an expert but you probably won't be able to monetize it without a MBA or specific occupational license.
+Jason Ries Exactly!
Good answer, then go and read them first and get into the MBA class room if you want to move on, this is what he said.
Not entirely true, Steve Jobs of US, Richard Branson of UK, Soichiro Honda of Japan built great businesses in their respective countries without completing their college not just MBA
Its more than percentage of MBAs coming out of college and can build entire businesses out of scratch (not taking over businesses built by non MBAs)
Investors give 0 fucks if you got an MBA...they want to know if your idea will make them cold sweet money.. "Oh wow, you have an MBA?? Tell me more about how that's gonna make your shitty idea any better :)"
Antonio, you outdid yourself with this video. Not a small feat for this channel. Keep up the spectacular work!
+Travis Schulz Thanks Travis!
Another alternative is doing a post-graduate certificate or diploma in a specialized area, preferably online. It costs a fraction of the MBA cost, plus it doesn't teach general business courses, as with the MBA, rather it teaches occupation specific skills.
Love the fact that you are posting videos to help men in all aspects, not just style. Kudos to that!
+XweienX Glad you liked it. What else do you want to see from my channel?
Nothing off the top of my head now, because so far, I'm really impressed with your channel's content. Just keep up what you're doing!
I've just entered my 20's and am starting to build a wardrobe from scratch. Just recently bought my first suit! Thanks for the motivation and lessons!
I have an MBA and still found this extremely useful. Thanks!
Another great possibility in combining the military and mentoring suggestions he mentioned is to become a Bodyguard for an Executive. You will never tearn more about being one than to follow one around all day and protect them with your life. That was the most valuable training for the business world that I ever received. Yes I do also have a very general, generic MBA, but my company paid for it.
Im still getting my under grad lol.
+Austin Dunham What are you studying?
Business Management. Also pursuing a commission I'm apart of AFROTC.
+Austin Dunham
At least you didn't messed up like me.
Doing Journalism and graduating this May.
Yay for giving money to a university for nothing!
Austin Dunham
Austin Dunham same here bro
Great words of wisdom, although I find MBA better for people already running a business or being in a position that needs more exposure towards other like minded.
Antonio,
As usual a great job with this video. Once again you have hit the nail directly on the head. I happened to be an individual with more seasons behind him then probably most of your audience. I have read a number of those books and self educated myself to where I am today. As you pointed out find it in yourself find away and you can get it done
+Philip Tirino You're right about that. Take action.
I'm three courses from finishing my MBA (Private, Southern California University). Before enrolling in the program, I decided to work full-time for the University (80% Tuition discount for employees) directly out from my Undergrad. This has helped immensely with my ability to afford the education, considering the cost of my undergrad program. Opportunity costs are reality, but I found this a great strategy, that worked for me.
That sounds like a good deal, but it seems too early to judge whether that was a good way to go. What is your reason for getting an MBA?
+oakstwentyfive Sounds great! Also - you have to consider the career that you want to pursue before deciding
I did my undergraduate degree in social work & gender studies. Loved the program and I learned a lot of transferrable skills, but it wasn't for me. After the four year degree I went straight into doing my MBA. I'm halfway through now (Canadian MBA in Toronto) and I've found that it's a lot more beneficial to get an MBA when you have a different undergraduate degree as you have a different perspective on things. I have many peers that are not learning anything new and wasting a lot of money on the program since they're straight out of a 4 year business undergrad.
Obviously this information is valuable for both men and women. In spite of your branding, maybe consider scripting and marketing videos like this one to both audiences. It's really jarring to receive your message and then hear, "Gentleman..." :) Thanks making really thoughtful videos!
Another alternative would be to look into other types of degree/certification programs that are out there other than a MBA. For example, I would recommend for those working in finance or finance related fields, you should look into the Chartered Financial Analyst (CFA) program. In some instances, becoming a charterholder may mean more than a MBA, though I will say it is not easy to get.
+Tony Zee Yeah - that's another option. I think I've mentioned you can sign-up for an ultra-specific resource based on your desired skill set.
Military in general is a good move for strong minded people. The benefits on the other end are unparelled especially for a couple years of service. I'm finishing up on a four year enlistment in the near future and am going to get a business degree.
Thanks, Antonio! I'm one of those that emailed you recently. A lot to think about, I really appreciate you taking the time to do this video.
+bobtheguy Hi sir. I'm happy to help! I'll look into that email. :)
I’m strongly considering getting an MBA as it’s considered table stakes for Director level and above at my company, but I have to say that of the 10+ MBAs I work with, you wouldn’t be able to pick the vast majority out of a lineup. No standout business acumen or insight over non-MBAs, and nearly all of them went through high level Canadian programs like DeGroote, Rotman, Ivey etc…
Antonio, the boost in video and audio quality; as well as your experience in doing these videos really shows, keep up the good work!
+juanello Your comments help me improve my videos. Thank you!
I just finished my undergrad 5 months ago. I majored in Accounting. I was going to study for the CPA/FAR exam but decided I want to go back to school for an MBA. I'm writing my Statement of Purpose right now. I've been in business all my adult life. Insurance, Banking, and Accounting. I want an MBA so I can be a community college business educator.
Another alternative could be to go straight for the credentials people are likely to get in the career you want to pursue. For example, in the Investment Banking world, you could get an MBA, or you could get your CFA (Chartered Financial Analyst designation) which effectively carries the weight of an MBA. While it can take about the same amount of time, it on'y costs a fraction of the price, but offers significantly more real world applications.
An MBA could be practical, but it isn't necessary as in years past.
Like your clear pronunciation
I never actually wanted to lead, I thought that it would be too stressful, but one day at my job, I had no choice. A co-worker of mine, just getting out of cashier training, and she had to open the store. She was super nervous and she begged me to run the front. Of course I was nervous but I stepped up to the plate and at the end of the day, my manager told me I did a very good Job; Afterwards, whenever my front end lead manager was sick, or off, She would rely on me before anyone else to run the front because I treated my employees like family and treat them with respect and everything runs so smoothly!. I resigned from the company last month, but who ever knew that I can be a leader!
+Happy Rabbit Gret job!
Mentors have helped me consierably throughout my career by challenging me to do new things and broaden my skillset. Its a very useful resource but you do have to humble yourself a little first and realise that there are people out there that know more than you and that these peopele can help you achieve what you want to achieve and even things that you didn't think you were even interested in. I look back on the last year of my career and its been an overwhelming success doing things that I never thought I'd ever be doing.
+Gucci Suit Exactly! That's why you need a mentor!
I have 3 years working in low-level supply chain management and enjoyed it. I'm looking to get back into a supply job, but, most employers want a bachelor's in business. I'm a veteran who's stumbled in using his VA education benefits, using some on general study credits not necessary for transfer, wasting some on predatory schools, and accruing 4 dropped courses: i have 12 months of the Post 9/11 GI Bill left, but, have the Hazelwood act available, as I enlisted in Texas. I'd have to do 2 part time semesters of pre-reqs before I'd be able to transfer somewhere like Mays Business School at A&M. Even with VA benefits, I don't see how I could avoid taking out student loans for living expenses. I know others would kill to have tuition paid for, but, I just don't know if getting even a bachelor's in business, to work supply chain, will be worth it in the end. I really hate the idea of taking out student loans. Would you say go for it, or, apply to jobs in supply chain, hoping employers will overlook my lack of degree? Thanks.
Again an excellent video with great advice! Even though I have 2 college degrees, my real education started in the workplace. I learned more from my mentors than I ever did from my professors. Although I am at traditional retirement age, I keep working, and I keep learning every day. There are so many more opportunities available today because of online resources. Thanks again for your excellent channel!
+Dan Johnson Great job! Keep it up.
You have great courage to speak out against the MBA. I would agree with you. I think CPA is just as good as an MBA.
that's like saying a boat is just as good as a truck, totally different things
ya. the price surely is.
I HAVE AN MBA. YES IT DIDNT CHANGE MY CORE PERSONALITY BUT IT DID HELP ME REFINE SOME OF MY RAW ABILITIES. IT DIDNT NOT TRANSLATE INTO POSITION OR MONEY BECAUSE I DIDNT USE IT TO GET THERE! IT IS A BEGINNING OF ANOTHER CHAPTER. IT DEPENDS ON HOW YOU USE IT.
Such a great video, Antonio. I'm doing a business diploma right now and I'm fairly confident that starting a business from scratch would provide a better education. Luckily for me the opportunity cost is low. Great content on this channel - thanks for doing it.
+PaPa Morty Glad it helped.you can also check out the resources and practical tools to help you start and grow your own business.- www.realmenrealstyle.com/resources/business-education/
+Real Men Real Style Definitely some great resources there! Thanks for sharing that.
A district court judge told me that the more formal education you have the higher your income will be. The problem is that if you lose your job for whatever reason, you are largely overqualified and you don't have many job prospects. The only option is to start your own company.
Many companies are taking a look at Master's of Arts in Executive Leadership MAEL as well. This program teaches the ART of leading. It is an excellent alternative to an MBA. That's currently what I am taking because it is more geared toward the entrepreneurial individual. Hope this helps!
+Trent Cleland Thanks for letting me know!
I don't know of any kind of learning which is a waste of time (except learning to play FarmVille and Candy Crush Saga). Broadens the horizon and your perspective. It also increases your earning potential.
+Stephen Stephen Yes it does - you also have to think about it if it's going to be useful in your career path.
I very much agree with this. An MBA isn't for everyone. I decided against it years ago and don't regret it at all. I did, however, decide to get an MSc. in Strategic Management. When I looked at it, the MBA was too expensive for what I would get out of it. I majored in engineering and minored in business as an undergrad. For the minor, I took 2 semesters of accounting, 2 semesters of economics, a finance, and a management course. When I was looking at MBA programs, I would have had to re-take all 4 of those courses. I even looked at the textbooks and both accounting and finance used the exact same books. No way was I going to pay tens of thousands of dollars just to retake multiple classes I took a few years earlier. Anyway, I learned so much more in the specialized program and am extremely glad I went with that due to where my career has gone since.
On a totally random note since you said you want to UT: I've fired 2 people HR hired who had McCombs MBAs due gross incompetence during their first month. Graduating from a "good" school doesn't ensure a "good" employee.
Hello Mr Brian R , iam planning to study strategic management also in Germany (Msc) do u recommend this Master from your own experience ? Thnx in advance
Thanks for a wonderful article Antonio. I will not go into the discussion about whether you should get an MBA or not (as this obviously depens on a lot of factors). I will however thank you for the comprehensive list of alternatives, and the tools you have used to grow your business.
+Morten Dørum Agreed! Thanks for the feedback.
I was surprised how much of the leadership at my old job had come straight from high-ranking positions in the military. Still, some of those individuals were known to treat their subordinates as if they were in the military, which isn't a leadership style that's most effective with everyone.
+Stupid Flanders Yeah - everybody has different leadership styles - it may or may not be effective for everyone.
Spot on! I could not agree more with EVERY point you made. Thanks for sharing this info...I'll be sure to subscribe to your channel.
+Ken O'Grady Thanks Ken! :)
Great information! This information is valid for ANYONE who wants to know the truth of whether to study their profession and get a degree first in school , or to go straight into the work force.
If someone is in undergrad, taking ROTC levels MS 1 and MS 2 teaches leadership without having to sign a contract. If you like it, you walk right into a management position as military officer.
God bless u ..just seen this video amazing. I will forward to both of my son and daughter. thank u I am even considering this. keep it going hope you have great success. blessings
I spent 10 yrs in the US Army as an infantry officer and the leadership skills I learned are serving me well. However, I have decided to at advantage of the GI bill and get my MBA. I ETS in 2006 and have been working in Corporate America ever since and after finishing my 1st yr of school I can agree with Antonio about it being theoretical in teaching and much more harder to apply in a real world setting. Sorry Antonio I still believe the Army is better than the USMC in producing great leaders..lol!
+Art Rivera Hahaha :)
Really nice video and great advises, thanks a lot
This is really very useful information for people who are thinking to pursue Management Degree without normal understanding of what they are up to.
Really depends on the school, lets be honest.
it varies from one student to another as well.
I have an MBA from a top so-called "modern" British university. It didn't help me at all. I went into financial services and later migrated to ERM - Enterprise Risk Management. I had to learn mathematics, statistics, Operations research models, econometrics and actuarial sciences all on my own. To describe me as a self-educated person won't be wrong at all!. Most of the MBA programs don't teach quantitative methods and hence students suffer in practical life.
I'm a high school senior going into college next year. I just want to let everyone know that cost is not a barrier...I got a full ride for my undergrad degree through scharships to my first choice school. If you maximize your high school years, higher education is very achievable for anyone.
+matthew walls Great! Good for you :)
I got my MBA to enhance my chances to return to a career I enjoyed after having to separate from it due to relocation and other issues. It worked for me and I used the skills I learned from it. But, you're right: it's not for everyone and the loan debt is not fun. Thankfully, mine isn't as exorbitant as some folks.
+KHLthe2nd That's right. It doesn't work for everybody.
Unless you end up in the top 10 ranked schools, a MBA will likely not raise your earning potential enough to justify paying up to 100k and taking years off work. Also it's a networking opportunity and with the top schools you're meeting a much higher caliber of business executives from around the world. For example the Financial Times' top ranked MBA program for 2015 is Tsinghua/Insead EMBA, from 2 business schools which most Americans have never heard of.
As others have said, there are some qualifications for specific industries that are well worth pursuing, such as the CFA program for finance professionals.
+Avantime Good point! I appreciate your input.
I have my own company (doing construction and contracting work) but I'm not satisfied with its performance and feel like there are things to improve on which don't have the knowledge yet. Also, I think I can benefit from the network that I develop in school and who knows that some of my classmates may become my future clients too! Having said these, would you recommend doing an MBA for someone like me?
what you talking about, in Europe more specifically Spain, Madrid in the university IE you can get a MBA program for 4 years at the cost of 19k €
NOT ALL MBAs ARE EQUAL. IT IS SORT OF LIKE THIS - THERE ARE LOTS OF DOCTORS- MDs- THERE IS A HUGE DIFF BTWN A GENERAL PHYSICIAN AND A PSYCHIATRIST!
In Europe, an MBA is usually either (partially) payed for by the employer or is followed by people fresh out of university or who are starting their career in business. I am considering an MBA after my PhD in order to set up a network and get the necessary economics, financial and legal knowledge as I am only specialized in Technology.
+Myrdinn Slothrop Good for you!
Thanks for being brave enough to speak the truth to your viewership, even when it goes against conventional wisdom!
+mthebex You're welcome!
Hey Antonio, great video again 👍
what I believe a person should choose an MBA program only after a clear and objective analysis of what he specifically wants from the course for his aspirations . As u said already 75% of teaching faculty never had a hand on experience of any business so they lack elements of dynamism and static theories may not ignite million dollar ideas for those that want to startup.
The suggestions here are actually the real central idea for developing as a Business Administrator and going a distance in the pursued aims , classes are peripherals .
+desi gadaasa Solid point! Love it.
Antonio, this is by far my favorite video that I've ever watched of yours. VERY well done! I think your advice was *extremely* practical and applicable... I own a couple of those books you recommended too, but I'll definitely pick up the others. Thanks so much :)
+Mike Rogne Awesome! :)
I want to start as a welder. MOS given to me, I can use the GI Bill, I can get it done and find a 50k salary job off the bat. Would it be worth it to pick an industry for welding, get my MBA maybe online, and shoot into the corporate side of a company or even further? I feel like it would definitely open up my options, and welding will never go out of demand. I can always fall back onto my certificstes and just continue on and make great money, but that MBA will always be there. I can really pick either one at that point, and not really be hurting too much with the money I make. My only question would be what kind of money can I make beyond 50k in the corporate world vs. Welding? I want to land myself in a managerial, or logistics role. Managing people, managing money, materials and assets for a company I work for. I have a wide range of interests and i'm not exactly sure what to choose. I guess I have research to do
I’d say if you toke bachelors in any sectors of business, take MBA in other sectors that suit your passion, expand knowledge, not everyone does it though
An MBA is great for those with humanities degrees. My MBA signaled I was career shifting into marketing and it helped me land at a Fortune 50 company.
I earned my MBA while working at a university, which greatly reduced the cost. That situation split the difference between incurring a great opportunity cost (I wasn't earning much money, but the cost was less), and being completely out of the work force while studying. My impetus for earning the degree was to get a broad theoretical base to get into the business world from the non-profit sector. If you already have 10+ years of real business experience, professional certifications in your field will probably be more effective overall. An MBA is not the magic bullet it may have been in the past, and this video points out important dimensions of making the right decision about earning that degree.
+John Cross Thanks John - and I agree that every situation is unique!
I am working on MBA at local state university part time while also working and getting tuition reimbursement. An MBA from a top school is a golden ticket but a huge investment. At any other lower tier university, it is up to the individual to work hard and apply knowledge and experience to prove their worth and success. I could have gone to a top school, but the prices are simply outrageous. For me, the textbooks are the same, and cost difference for brand name is not worth it. I know many Ivy grads who are pretty brainless. Reading books and then applying the knowledge is key. Turning knowledge into action is how to achieve success and it doesn’t matter where you get the knowledge from - book or formal school. You can never lose knowledge once you get it. The increase in income can be quite large just from reading many, many books.
Interesting. I was ask if I do not want to join the army, but I do not really want to, but listening to what you can benefit from it, I might reconsider. Great tips. How come I missed this? hahah
woah man i've recently found your chanel and it really amazes me i didn't have time to watch all your videos but the one i've seen so far are very useful,they changed my thought i really want to say you 'Thank you !'
+anton dimitrov Glad to have you on board. Thank you!
I'm currently studying business for my A-Levels in college (UK) and I one day I hope to potentially set up my own business, thanks for the video Antonio!
+Adam Stephens Good luck!
Thanks!
Such an awesome video Antonio! Very informative keep it up!!
+Odyssey Adventures You rock! Thanks
Former Marine 2005-2009 OEF 2008....Semper Fidelis!
But, without an MBA or e-business undergrad degree to draw attention to all aspects of doing business, how would you know what you need to read or buy to read?
+utubewatcher806 Here are the resources and practical tools to help you start and grow your own business - www.realmenrealstyle.com/resources/business-education/
i think if you are making lower amounts of money as you said in your example of 24k or 30something K... no brainer get an MBA because you will tripple your income when the degree is earned. (assuming you are going corporate)
I went into the business world without it (have an econ/business undergrad) and didn't ever use my education other then life skills, and I'm self made, but I have the opposite view...
I think most people won't be self driven sales reps or entrepreneurs (either without drive or without the tools/capabilities), so for the bulk of people they probably need to get the highest form of education available to them. Many companies have tuition reimbursement, or take advantage of any financial aids you can. but the student loans can be paid relatively quick if you take your new income and pretend you never got a raise... live off of the 30k you were previously, then sink all aditional income into the raise then you are only a few years out from paying it completely off. So now even if you don't get any sort of financial help, you are still in a much better boat than you would be by not getting the MBA.
Mine was paid for by my work, however since graduating it has been completely useless. My biggest regret was not networking enough. In my experience; it is true more about who you know.
+sylmg Really? How's it working for you? In relation to applying for higher positions?
+Real Men Real Style it's actually been very difficult. As with most corporate positions, moving up is more about relationship building and networking. As an introverted individual who worked full time while pursuing both my BA and MBA that was very much a missed opportunity. So I'm now trying to build relationship and fine tune my focus and skill set. Hopefully, down the road the MBA will come more into play.
The internet and alternative education has changed the scope of education. Outside of the hard sciences, it's hard for me to justify anything above a 4 year degree for a business application. At one time, trade schools were frowned upon. Today most 4 year degree diploma's aren't worth the paper they're printed on. A trade school diploma might be the better choice today... especially if you have an entrepreneurial spirit. YMMV ;)
There's more to education that just what you can read in a book or learn in a course. Much of the value of higher education is in the people you meet in that environment. It's often much harder to meet the same kinds of people elsewhere.
Yes... but... make sure you go to a school that has faculty and students of the proper influence. Else, all you're mingling with are a bunch of other idiots looking for opportunities. Sure, a few professors will be well connected, but they won't tarnish their name by recommending more than a tiny handful of the best, or the ones that are sleeping with them.
RMRS I fully agree with you Sir, your presentation was just great sir, hard to accept but it is probably a bitter truth for many of us. I could not complete my One year Full time MBA program in the U.K. for financial constraints.
I'm an MBA, trust me guys it is not a waste of time. it depends how you start your career and which kind of company you choosing to grow yourself. Don't blame on the degree. it's just a piece of paper how to use that piece of paper it upon to you. It's overly rated course now. people get this degree from the unknown institute, online etc when you go to market then you realised you been cheated and got frustrated. It's my opinion i might be wrong.
+ViiRaL Yup!
Real Men Real Style you agree?
Depends on the person for me I don't think so but for others it might be worth it
+REVEREND DAVID HAMM Exactly! If you're in the corporate world - it'll definitely give your career a booster.
That's for sure if you need it but if you don't and your a self starter and a Go get er then you don't need the help
I MBA from a top school is the only way to some firms. Lower tier will not allow that advantage, I think online and also the change in the economy with IT learning may switch to platforms like coursera.
I am learning in Coursera.com! we can what we want and if you want certificate you need to pay else still you can learn a lot.
+Satish Kumar That's true!
My question regarding this is how do you take into account what employers are going to want and career advancement? For example, reading books and studying online (not a degree but like you suggest) isn't really something most people put on a resume. I understand how starting a business can advance a career because it is a recognized and respected "advancement" or attainment. So for someone wanting to actually advance professionally in a world where credentials are everything how do you reconcile this with your post? I'm sincerely interested since higher degree is what my husband is considering now, though not an MBA.
+Beth Curtis If you are in the corporate world and you intend to stay there - an MBA is a smart choice to give your career a boost. Alternatively, if your education is paid for through a government grant or your current employer, a graduate school program is probably worth your time and effort.
you covering the " motivational"part of an MBA but the academic side of it will not be covered by your "alternatives", and in most high paid positions you will not even get an interview with a resume with those "alternatives" written on. Even as an entrepenur, the network of professionals you will know in the program will be really beneficial.
Great advice Antonio; thanks for sharing.
+David Burlingame Glad it helped.