My views on education are as follows. It starts with the family, and the earlier you start and the more experiences you have, the faster you progress, especially in management. It’s like learning to ride a bike at six versus at 40; there’s a difference between learning at a young age how to save money or how to raise it from others to achieve something versus those who’ve finished all the schooling there is and worked for five or six years before taking on these responsibilities. This is something I see in many managers; it’s especially interesting that managers I admire have actually dabbled in commerce as children. I’ve observed a high correlation between experiences of this kind and the performance of entrepreneurs and managers.
When it comes to education, I believe there needs to be much more emphasis on basic sciences. Because advances in scientific thinking and sciences have accelerated so much that no one without a grounding in math, philosophy and sociology stands a chance in succeeding in marketing or finance. They come so far, but fail to go any higher if they lack a solid foundation. The stronger your foundation, the higher your building can rise. So my view is that undergraduate courses in particular should focus much more on basic subjects. That’s also my recommendation to most people. It’s much easier to get into graduate programs, you’ll be far more successful in the future, and you’ll also have the opportunity of studying more specific topics in graduate school.
Given the difficulty of making a career decision when you’re only 17 years old, I would suggest an educational program that offers a solid foundation. You’re a little better equipped to know what you want when you’re 22. Then, you can pick a graduate program and develop yourself in management, finance or another subject of your choice. To summarize, I have two recommendations about education. First, engage in real life as much as possible: Take on the responsibility of managing a project and budget, even if a small one, and take on the responsibility of managing others. It’s important to make mistakes, do the right thing, and gain experience, because those experiences stay with you. The second is to acquire a solid foundation in basic sciences. I also recommend to people who want to become managers that they allocate time to non-governmental organizations and community service in particular. These experiences will teach them about society and how to use the power of persuasion to sway others. Those skills are also useful for managing the Y and Z generations. Unquestioning obedience is no longer the way to get things done. Persuasion is.
The greatest wealth is being able to give and share. This could be your knowledge, your time, or other resources. Giving a resource and learning how to get results will enrich your life and develop your management skills.