I could go on and on, but I think I’ve pretty much covered the basics that make business school hard. If you’re just joining this site from one of our popular posts, I hope you’ve heard about the first three levels of self-awareness. The fourth level, “the most self-aware people have the most self-aware thoughts,” is where self-awareness really makes a difference.
The best advice I can give is to just try and think about all your thoughts at night. You dont need to worry about all the things you hear through the night, because you know you wont act on them anyway, just think about your thoughts as you fall asleep. When you wake up next morning, you will be more aware of all the thoughts that creep into your mind.
I have to tell you, this one is a lot harder than it seems. I mean, it is true that you can think about all your thoughts at night like you’re a person who had a stroke or something. You know, you are not thinking about your business, but you are thinking about your business.
This may be obvious to you, but a lot of people lose self-awareness when it comes to business school. The thought of getting a business degree causes me to feel like I am the only one who has ever done it, or that I am the only one who thinks I should do it. But after a while you start to realize that there are a lot more people who think that way. Like if you are thinking about a business school, you’re probably on the internet.
Well, actually there are. There are probably thousands of people who think that way too. It’s as if the internet makes us all the time. I’ve thought about joining a business school, but the truth is that I’ve been there and done that.
Thats so true. A lot of my friends who have done business school tell me that they are really getting their first real taste of the real world. It gets a little scary, especially when you realize that youve spent years in the corporate world trying to figure out what it is that you actually do. Youve heard the adage, “you make your product, you sell it”, but you dont understand what that really means.
I have a friend who was a finance major for many years, but in his final year he told me that he was still not totally grasping it all. I was like, “what?” and he said, “well you know, I am not a banker by any means, and I can’t really tell people the difference between a fund and a bank.” He didnt want to be one either – he didnt want to be a part of the banking system.
The problem with banks and fund managers is that they are not exactly what they appear to be. Many people who run them have been in the industry for years and have a deep understanding of how their industry works. This is not to say that they are infallible, but they do have a great deal of trust.
Its true, there are plenty of people with more or less experience in the banking sector. But if you need to be able to read a prospectus, sign a loan agreement, or even get a loan, you are probably not going to get a job with a bank.
Banking is one of those industries that if you don’t know what to ask for, you can’t get it. To make things more complicated, banks are required to have a certain amount of financial knowledge and sophistication. This is a huge deal because people who work in the banking industry have to do a lot with their clients being highly sophisticated. You are unlikely to get hired on the basis of your ability to negotiate, process loans, or take care of clients.