Brad Feld: A message to graduating MBAs
finance.fortune.cnn.com
finance.fortune.cnn.com
The city you call home dictates a lot about your life -- friends, proximity to family, potential employers, culture -- and you're in the best position to find a second home after graduating. It only gets tougher as you get older.
As for the CV, well, he's right. Don't go somewhere or do something for the sake of improving your resume, unless you want to spend the rest of your life focusing on your job application.
Finally, as for jobs that pay you plenty of money...look at his audience. They're all MBAs. High-paying jobs aren't exactly scarce for MBAs. :)
Regardless, his point is not that "money rains from the sky" but that people should develop the life they want, irrespective of making money. Money will generally work itself out (whether its by making money off your passion, or working to support your passion as a hobby).
The educational and employment system in this country has beaten relentlessly on the drum of incrementality. Everything is a box on an endless checklist. Everything is a step towards another step. No time to stop and figure out where all the steps are actually leading. Need to focus on working hard right now. So you go through life like this for 10 or 15 years, and eventually you wake up wondering how the hell you ended up nowhere near where you wanted to be. You allowed yourself to become a slave to expectations, short-term ass busting, and conventional wisdom. You may have squirreled away some decent coin in the process, but how much of that squirreling have you really enjoyed? And was it worth the price?
For those of us who do not believe in an afterlife, we must realize that the opportunity costs of doing things that we don't enjoy for extended periods of time are INCREDIBLY high.
Personally, I would rather be poor with a lot of leisure time, or extremely wealthy with a lot of leisure time. I am willing to endure the transition period from one to the other (startup binge for 2-3 yrs), but with strict adherence to the PG startup methods (fail/iterate quickly) so that I am not wasting my precious time.
Life is far too short to spend completing a checklist that your parents put in front of you. Make your own goals, and follow your own passions.
The best embodiment of this philosophy is probably Elon Musk. Got rich and immediately followed his passions. He continues to inspire me to this day.
Millions of young and middle-aged (and a good fraction of older) people particularly in the U.S. are getting a lesson in this right now.
"Pay your dues." In one way, there's still wisdom in this. You don't know as much as you think you know. Don't just charge off the cliff. On the other hand, if this means consistently, persistently doing less than you could, kowtowing to bores/boors who even you can see are not part of the solution. Well, I'll just warn you: The atrophy becomes self-perpetuating.
The trouble is, when you're young, you do have a lack of perspective. And sometimes such people are very influential, controlling figures in one's life. And emotions are deep-seated, tricky buggers once established.
I find the advice poignant, too. On one hand it feels like maybe I made the wrong choice to take the road less traveled and leave for so long.
Life is simply too short to do anything but.
I am curious if you have experienced the same thing I have. I went to grad school to gain knowledge and answer a bunch of questions. While many of them have been answered, they have been replaced with exponentially more questions, many of which are even harder than the original ones in the first place.