25 September 2013

How to get a real education

Came across this article written by Dilbert-creator Scott Adams. (thanks to Rich Huffman). Should make most policy makers, teachers and parents think.

Here is the full text:

I understand why the top students in America study physics, chemistry, calculus and classic literature. The kids in this brainy group are the future professors, scientists, thinkers and engineers who will propel civilization forward. But why do we make B students sit through these same classes? That’s like trying to train your cat to do your taxes—a waste of time and money. Wouldn’t it make more sense to teach B students something useful, like entrepreneurship?

I speak from experience because I majored in entrepreneurship at Hartwick College in Oneonta, N.Y. Technically, my major was economics. But the unsung advantage of attending a small college is that you can mold your experience any way you want.

There was a small business on our campus called The Coffee House. It served beer and snacks, and featured live entertainment. It was managed by students, and it was a money-losing mess, subsidized by the college. I thought I could make a difference, so I applied for an opening as the so-called Minister of Finance. I landed the job, thanks to my impressive interviewing skills, my can-do attitude and the fact that everyone else in the solar system had more interesting plans.

The drinking age in those days was 18, and the entire compensation package for the managers of The Coffee House was free beer. That goes a long way toward explaining why the accounting system consisted of seven students trying to remember where all the money went. I thought we could do better. So I proposed to my accounting professor that for three course credits I would build and operate a proper accounting system for the business. And so I did. It was a great experience. Meanwhile, some of my peers were taking courses in art history so they’d be prepared to remember what art looked like just in case anyone asked.

One day the managers of The Coffee House had a meeting to discuss two topics. First, our Minister of Employment was recommending that we fire a bartender, who happened to be one of my best friends. Second, we needed to choose a leader for our group. On the first question, there was a general consensus that my friend lacked both the will and the potential to master the bartending arts. I reluctantly voted with the majority to fire him.

But when it came to discussing who should be our new leader, I pointed out that my friend—the soon-to-be-fired bartender—was tall, good-looking and so gifted at b.s. that he’d be the perfect leader. By the end of the meeting I had persuaded the group to fire the worst bartender that any of us had ever seen…and ask him if he would consider being our leader. My friend nailed the interview and became our Commissioner. He went on to do a terrific job. That was the year I learned everything I know about management.

At about the same time, this same friend, along with my roommate and me, hatched a plan to become the student managers of our dormitory and to get paid to do it. The idea involved replacing all of the professional staff, including the resident assistant, security guard and even the cleaning crew, with students who would be paid to do the work. We imagined forming a dorm government to manage elections for various jobs, set out penalties for misbehavior and generally take care of business. And we imagined that the three of us, being the visionaries for this scheme, would run the show.

We pitched our entrepreneurial idea to the dean and his staff. To our surprise, the dean said that if we could get a majority of next year’s dorm residents to agree to our scheme, the college would back it.

It was a high hurdle, but a loophole made it easier to clear. We only needed a majority of students who said they planned to live in the dorm next year. And we had plenty of friends who were happy to plan just about anything so long as they could later change their minds. That’s the year I learned that if there’s a loophole, someone’s going to drive a truck through it, and the people in the truck will get paid better than the people under it.

The dean required that our first order of business in the fall would be creating a dorm constitution and getting it ratified. That sounded like a nightmare to organize. To save time, I wrote the constitution over the summer and didn’t mention it when classes resumed. We held a constitutional convention to collect everyone’s input, and I listened to two hours of diverse opinions. At the end of the meeting I volunteered to take on the daunting task of crafting a document that reflected all of the varied and sometimes conflicting opinions that had been aired. I waited a week, made copies of the document that I had written over the summer, presented it to the dorm as their own ideas and watched it get approved in a landslide vote. That was the year I learned everything I know about getting buy-in.

“Why do we make B students sit through the same classes as their brainy peers? That’s like trying to train your cat to do your taxes—a waste of time and money. Wouldn’t it make sense to teach them something useful instead?”

For the next two years my friends and I each had a private room at no cost, a base salary and the experience of managing the dorm. On some nights I also got paid to do overnight security, while also getting paid to clean the laundry room. At the end of my security shift I would go to The Coffee House and balance the books.

My college days were full of entrepreneurial stories of this sort. When my friends and I couldn’t get the gym to give us space for our informal games of indoor soccer, we considered our options. The gym’s rule was that only organized groups could reserve time. A few days later we took another run at it, but this time we were an organized soccer club, and I was the president. My executive duties included filling out a form to register the club and remembering to bring the ball.

By the time I graduated, I had mastered the strange art of transforming nothing into something. Every good thing that has happened to me as an adult can be traced back to that training. Several years later, I finished my MBA at Berkeley’s Haas School of Business. That was the fine-tuning I needed to see the world through an entrepreneur’s eyes.

If you’re having a hard time imagining what an education in entrepreneurship should include, allow me to prime the pump with some lessons I’ve learned along the way.

Combine Skills. The first thing you should learn in a course on entrepreneurship is how to make yourself valuable. It’s unlikely that any average student can develop a world-class skill in one particular area. But it’s easy to learn how to do several different things fairly well. I succeeded as a cartoonist with negligible art talent, some basic writing skills, an ordinary sense of humor and a bit of experience in the business world. The “Dilbert” comic is a combination of all four skills. The world has plenty of better artists, smarter writers, funnier humorists and more experienced business people. The rare part is that each of those modest skills is collected in one person. That’s how value is created.

Fail Forward. If you’re taking risks, and you probably should, you can find yourself failing 90% of the time. The trick is to get paid while you’re doing the failing and to use the experience to gain skills that will be useful later. I failed at my first career in banking. I failed at my second career with the phone company. But you’d be surprised at how many of the skills I learned in those careers can be applied to almost any field, including cartooning. Students should be taught that failure is a process, not an obstacle.

Find the Action. In my senior year of college I asked my adviser how I should pursue my goal of being a banker. He told me to figure out where the most innovation in banking was happening and to move there. And so I did. Banking didn’t work out for me, but the advice still holds: Move to where the action is. Distance is your enemy.

Attract Luck. You can’t manage luck directly, but you can manage your career in a way that makes it easier for luck to find you. To succeed, first you must do something. And if that doesn’t work, which can be 90% of the time, do something else. Luck finds the doers. Readers of the Journal will find this point obvious. It’s not obvious to a teenager.

Conquer Fear. I took classes in public speaking in college and a few more during my corporate days. That training was marginally useful for learning how to mask nervousness in public. Then I took the Dale Carnegie course. It was life-changing. The Dale Carnegie method ignores speaking technique entirely and trains you instead to enjoy the experience of speaking to a crowd. Once you become relaxed in front of people, technique comes automatically. Over the years, I’ve given speeches to hundreds of audiences and enjoyed every minute on stage. But this isn’t a plug for Dale Carnegie. The point is that people can be trained to replace fear and shyness with enthusiasm. Every entrepreneur can use that skill.

Write Simply. I took a two-day class in business writing that taught me how to write direct sentences and to avoid extra words. Simplicity makes ideas powerful. Want examples? Read anything by Steve Jobs or Warren Buffett.

Learn Persuasion. Students of entrepreneurship should learn the art of persuasion in all its forms, including psychology, sales, marketing, negotiating, statistics and even design. Usually those skills are sprinkled across several disciplines. For entrepreneurs, it makes sense to teach them as a package.

That’s my starter list for the sort of classes that would serve B students well. The list is not meant to be complete. Obviously an entrepreneur would benefit from classes in finance, management and more.

Remember, children are our future, and the majority of them are B students. If that doesn’t scare you, it probably should.

24 September 2013

Flashlight!

The effects of trying to run 5 miles at my 5K speed is showing. The shins are terribly sore. Had to cut down my run to 4 miles in the drizzling rain this morning.
The light mist and constant drizzle made the streetlights look like somebody is searching for something on the roads with a flashlight!!

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22 September 2013

Another great turnout

Another great turnout from Chalupa running group. 20 folks showed up. Which is commendable since many participated in the Vibha race yesterday.
Hats off to the new leaders of the group – Malobika, Sudakshina and Samaresh for successfully roping Debjyoti in. Last time he showed up was over four years back!!
There is a certain Jasmine that has been threatening to show up for quite a few weeks… Ahem… 🙂

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21 September 2013

Ill Organized Vibha run. Inadvertent best 5 mile run.

Went to run Vibha Dream Mile 5K with quite a few Sunday morning running group friends this morning. The organizers were very inept. As a result most of us in the front were sent the wrong way after completing a couple of miles. A lot of aspiring kids and regular runners wanting to put in a well-timed run were totally disappointed when they realized that they were sent the wrong way. I was really upset to see a dejected kid pull out of the run and start walking when he realized he has much longer to go.

After doing two rounds instead of one, when we all finally got to the right direction, a bunch of us asked the organizers “What happened?”. The organizers immediately threw the city under the bus citing restrictions that the city evidently put.What that has got to do with a team of volunteers – not at one turn – but at two different turns – when specifically asked for directions – guiding a whole bunch of runners in the wrong way, we could not understand. So much for grace from the organizers.

This is certainly my last Vibha Dream Mile run 🙁  If I want to get lost in my running route, I can do that by myself 🙂 If I am going to give my money and time to an ill-organized run, I would rather give it to the smaller runs where the local parents and kids organizing runs for school and church are a lot more graceful.

On the plus side, in my quest to find the 5K end line, I kept on running at 5K pace and then realized that I actually did my personal best 5 mile run at 41 mins 26 seconds 🙂 Sometimes, I can be tricked into my best performances 🙂

 

19 September 2013

Pink Shirt Guy!!

Last evening, I was a speaker at an event – I know, I can fool some people some time 🙂 . In any case, I reached there a little early to avoid traffic and settled down at a nearby bar with a glass of wine to work the pitch out in my mind.
This was a bar where the servers did not wear name tags. Which was a bummer since I like to address a person by his or her name to say thanks when leaving.
So, to be smart, I tried to quickly glance at the receipt to see the name of this elderly lady who was serving me. It was Anne. But I was struck by what name she had given me without asking my name 🙂
I did get her to take a picture of me – so I could put this post together !!
So after all the Starbucks names, I have a new name – The Pink Shirt Guy!!

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18 September 2013

Regrets in my deathbed

One thing I often ask myself is what will I regret most when I am in my my deathbed. More often than not, I have concluded that spending more time with my kids and wife would be number one. Number two would be that I never got a chance to keep up with so many other people who crossed my life and made me in so many imperceptible ways the person I am (remember “intersection points”?).
But I have been curious about what I might be missing. So often, I ask elderly people what are the lessons they have for me. And once I got into real trouble because the daughter of this elderly person thought that my question was focusing on her parents’ mistakes (with the negative connotation).
Nothing could be further from the truth. Regrets, or mistakes of others can often be the best guiding star and narrating our regrets can often be the best guidance we can give others.
Finally, I came across something that satisfies my curiosity.

Bronnie Ware, an Australian nurse who spent many years working in palliative care caring for those who were dying had many many conversations with her patients till they died. She eventually summarized her conversations in a book called the “The Top Five Regrets of the Dying”
They were (with my self grades)
1. I wish I’d had the courage to live a life true to myself, not the life others expected of me. (I would give myself a B+ maybe even A- on this)
2. I wish I hadn’t worked so hard. (At best C+ for me)
3. I wish I’d had the courage to express my feelings. (D- 🙁 )
4. I wish I had stayed in touch with my friends. (Maybe I will give a A- on this)
5. I wish that I had let myself be happier. (Around B to B-)

Do you see me that way?
How would you grade yourself?
If you change nothing in your life, would you have some other regrets we should learn from?

17 September 2013

Puzzle time

Returning home from New York. Ergo puzzle time. Today’s is a simple yet challenging problem.

Think of the various pairs of two numbers you can make using the digits 1,2,3,4,5,6,7,8,9 (each used only once) e.g. (2345, 16789) or (743, 821569) and so on.

Which is the pair (of two numbers) has the maximum product value (compared to other pairs)?