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BusinessWhy Business Schools Cannot Teach You Business. by MrSunesis(op): 7:39pm On Apr 28, 2015
This article is written as a contribution to that published by Adiya Atuluku on Business Schools Can't Teach You Business. See link here
https://www./business-schools-cant-teach-you-adiya-atuluku

''For an MBA school or program to be able to actually teach you how to birth and successfully run a business, it in itself has to become a business…willing to take on the uncertainties and dynamics of birthing and running a successful one. And it needs to achieve this feet over and over again in differing scenarios. It should not just see itself as a school.
We usually do not associate things like creativity and imagination to the rigid practices of business. Therefore we miss out in MBA programs.''

I see an entrepreneur (or 'intrapreneur') as a creative problem solver who renders solutions to prevailing or foreseeable problems in exchange for payment. Paraphrasing, he or she is a VALUE-CREATING individual (mixing his SKILLS, EXPERIENCE, and KNOWLEDGE) to produce something that people want now, or will later discover they want. I call this the Value-Mix.

Creativity creates value. Value attracts money. The gradual accumulation of money means a successful business is evolving. Eventually, competition arises further giving rise to an attractive and competitive industry. Schools then study these successful businesses within such an industry, discovering principles/definitions which are then taught in schools as knowledge.

Now, based on the earlier stated Value-Mix model, we see that knowledge alone is not enough to learn how to successfully create or run a business. Experience (an accummulated sense of judgement based on your own unique awareness or observation) and skills (self-refined talents) still need to come into the mix. All these feed you with information that help you create. Thus a new idea, or solution is created which people are willing to pay for.

However, the subject of creativity is complex and as unique as each of our individual DNA composition. As an individual in the creative industry, I see that it is easier to inspire creativity than to teach it. Such forms of inspiration give rise to ideas out of which a business is birthed. Further ideas sustains it.
Creativity births possibilities. It spurs the desire to take risks and confront uncertainties…which are not things our present educational systems are readily open to. More so, some businesses start spontaneously/immediately. Others take a lifetime of processes. This is because ideas are like seeds, each having its' own peculiar gestation period. The permutations are endless. Starting and successfully running businesses does not follow the rules of 1-2years diplomas, graduate programs, MBAs, PHDs, etc etc.It is as complex as your thought processes are. Businesses do not suddenly jump at you for having completed a degree program. They live, then die…and then in some cases, live again. They are started and run successfully by young teenagers as by old citizens as well. There are rules and no-rules at the same time. They respond mainly to the directions of their originators or owners. This is why a number of business owners abandoned (and are still dropping out of) such tertiary programs as most cannot see the relationship between the creative ideas in their heads and the rigid nature of tertiary institutions. I dare say, it is as if present day tertiary education programs do the exact opposite of what it takes to start and run a business. At best, the most profitable programs seem only to be able to present students with solutions that can allow them relatively 'sustain' a business in its life's cycle.

''Will a business school advice you to buy whatsapp for $19 billion even if you had the money? Or will they tell you how to start a company from your parents' garage until you make it big like Apple?''
The truthful present-day significance of tertiary education is to help an individual be effectively and efficiently relevant to an already existing business…not to start one. Will a business school advice you to buy whatsapp for $19 billion even if you had the money? Or will they tell you how to start your company from your parents garage until you make it big like Apple? Facebook could do this for a number of reasons but chiefly due to the visioning of its founder...much the same way he started Facebook itself. MBA schools don't teach you how to 'vision'. That is your responsibility. This is not to say that a formal tertiary education is useless, but to push forward a debate concerning its relevance and maybe provoke a rethink on the content of such tertiary educational programs. I will hire an MBA graduate only if he or she is creatively relevant to my business...same way I will hire a college dropout if he possesses solutions for my business. I only see myself hiring creative people that can be made partners one day...not certificate holders. I need to see that he can be able to start and run his own business if presented with the same insights as I had in starting mine.

For an MBA school or program to be able to actually teach you how to birth and successfully run a business, it in itself has to become a business…willing to take on the uncertainties and dynamics of birthing and running a successful one.And it needs to achieve this feet over and over again in differing scenarios. It should not just see itself as a school.

So, you are spot on Adiya Atiluku, in that business schools cannot teach you business.
You are right in that you have to teach yourself...or you learn under someone running a successful business.
Nairaland GeneralRe: How To Create A New Topic by MrSunesis(m):
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PoliticsRe: What Forensic Audit Report Of NNPC Revealed (SUMMARIZED VERSION) by MrSunesis(m): 6:52pm On Apr 28, 2015
Tvegas:
Sanusi wasn't far from the truth afterall! shocked shocked shocked

So Jonathan sat on this excessive impunity and humongous looting of our commonwealth? The foundation of the hell some Nigerians should be sent is just being dug by the hell crew. Eleyi ti poju oooo. grin grin grin
Hahahahahahaha
Asiiiiin ehn....no be small tin o.
PoliticsRe: NNPC Has No Record Of Nigeria's Actual Crude Oil Production Per Day by MrSunesis(m): 6:27pm On Apr 28, 2015
Ishilove:
sauce?
Pepper soup sauce... grin grin grin tongue
Apologies, I couldn't resist.
PoliticsRe: Top 12 Corruption Cases In Nigeria by MrSunesis(m): 4:10pm On Apr 27, 2015
ShowYourCertificate:
What Buhari should be "revisiting" after being sworn in are: the confab report, the need for fiscal federalism, non-oil revenue generation, power generation, PIB, refineries, prevention of corruption and job creation. He shouldn't waste his time chasing the past. He would end up chasing ghosts.
Do we not think that this is a bad example set for our generation and the upcoming one? We severely punish those who steal to have a meal so they can see the next day, but we overlook those who have raped the nations wealth...wealth belonging to each and everyone of us.
If we do not develope a means of making our leaders accountable for the financial fraud they carried out how do we then set a standard? Most of these men would have been killed within two weeks in countries like China or jailed for a very long time in places like U.S.
So friends, it is not about chasing ghosts but about setting standards. If hell deters us from sin, then the law should deter us from corruption.
Or do you think I will not like to have billions? Though I prefer mine legally gotten and approved by heaven.
PoliticsRe: Top 8 Richest African Presidents And Monarchs by MrSunesis(m): 3:59pm On Apr 27, 2015
seyidobo:
1) Jose Eduardo dos Santos - Net Worth: $20 Billion

Jose Eduardo dos Santos has been in power for 34 years as the President of Angola and has amassed over $20 billion as his personal wealth. José Eduardo dos Santos was known to only have one suit and two white shirts between 1963 and 1970 when he was still living in Brazzaville. Currently, close to 70% of citizens live below $2 dollars a day while his daughter Isabel dos Santos has been named the richest woman in Africa and the the world’s richest black woman with over $3.4 billion of personal wealth.
Ahn ahn!!!!huh....na only you wakka come!!! See as you gap all of dem ... undecidedundecidedundecided only you one!!!huh
PoliticsRe: Top 8 Richest African Presidents And Monarchs by MrSunesis(m): 3:54pm On Apr 27, 2015
seyidobo:
2) Mohammed VI of Morocco - Net Worth: $2.1 Billion

Mohammed VI has been the King of Morocco for the past 15 years. He is currently worth over $2.5 billion. He was born and raised in wealth, power and royalty and had the opportunity to be educated at the most prestigious schools worldwide. After he ascended to office, he made a public promise in which he stated that he would tackle poverty and corruption in Morocco, reduce unemployment and improve human rights status in the country. He has been keeping most of these promises which has earned him the recognition as the defender of the poor.
This is what I like to see.
Foreign AffairsRe: Open Letter From A Nigerian Lady To South Africans by MrSunesis(m): 6:38pm On Apr 24, 2015
fretnot:
My name is Lovelyn Chidinma Nwadeyi. I am a Nigerian. Born in Nigeria to two Nigerian parents. Raised in Queenstown, Eastern Cape by those same Nigerian parents right up until I completed my Bachelors at Stellenbosch.
Lovelyn Chidinma Nwadeyi
Lovelyn Chidinma Nwadeyi. Photo: supplied

Growing up in South Africa, I was always reminded by those around me that I was different to everyone else. In primary school, I had a much darker complexion than I do now, and super white teeth – the telling marks of a foreigner that betray you even when you put on your best English accent. It is just too obvious.

I bear citizenship of both worlds. I speak fluent Xhosa, Igbo, Afrikaans and English. I can make sense of Tswana and Sotho. I enjoy a good braai, I love vetkoek and bunny-chow. I can’t get enough of Bokomo WeetBix, I love Ouma’s rusks and I can pull off my panstulas with any outfit on a lazy Saturday when I want to head to town. I am the first to break i.......

*******

Is it really the little Ethiopian man with his spaza shop that is threatening your progress na Bhuthi? Is it really the Nigerian woman who braids hair and sells Fanta that is stealing your job and place in your own land na Sisi? I can’t deal.

If none of these arguments have merit for you, then think of the fact that during apartheid, Nigeria spent thousands of dollars on the ANC protecting and moving its members across borders; Angola, Mozambique, Tanzania, Burundi, Zambia, Zimbabwe, Botswana, Kenya, Rwanda, Uganda all housed, supported and/or trained struggle heros with open arms and with no strings attached. How dare South Africans forget how much Africans did for them during apartheid. How dare you!

South Africans, go and learn your history. When you have read your history, then please teach the correct version to your children. Let them know that Africa helped put SA where it is now. Let them know that all blacks are not Xhosa or Zulu, but that that is irrelevant to the amount of dignity you accord to another human being. Teach your children that they must work for everything they want to have except your love as a parent. Teach your children that they are nothing without their neighbour – stop being selective about who Ubuntu applies to and does not. Teach them the truth about you.

The greatest enemy of the black man has always been himself. Not the colonialists. Not the apartheid architects. Only himself.

And as long as you refuse to take responsibility for where you are now, you will remain there. Kill us foreigners or not, it actually makes very little difference to your fortunes in life, people of Mzansi.

Lovelyn Nwadeyi
20 April 2015
This has got to be the best writeup I have read on nairaland!!!. Wow!!! I feel so educated about life.
I have suddenly learnt firsthand the principles of success in practical terms, what it takes to run a nation, etc etc. God bless you sister.
PoliticsRe: Oil Subsidy Removal, Booby Trap For Buhari – Bamidele by MrSunesis(m): 6:11pm On Apr 24, 2015
appini:
Few months from now Nigerians will know that GEJ was not a clueless president.
I beg to differ. Few months from no,w we will know the true extent of damage GEJ's government has done beyond what we already know.
Foreign AffairsRe: Open Letter To NIGERIA From A SOUTH AFRICAN by MrSunesis(m): 11:13am On Apr 24, 2015
Thandolwethu:
Our people are not Lazy...SA is the largest econmy in Africa and the most beautiful country because it was built by the hard work of black South african labourers.
I understand your sentiments but they are not properly documented/articulated. Nigeria is the biggest economy in Africa. Kindly do your research properly.
RomanceRe: Please Help Me..... She Openned Up To Me After Our Family Introduction. by MrSunesis(m):
ammyluv2002:
Guys sha *smh*

Tell them the truth before marriage ......problem
Hide the truth till after marriage ......problem


Most Guys are so difficult to please ie guys like the poster undecided

Dude, pls stop looking for excuses and settle down with somebody. Most ladies pretend and lie a lot and you're lucky to have met a lady who isn't a liar undecided

God is the giver of children! I'm not saying kudos to the lady but you shouldn't judge her from her past/mistakes. We are all human so why not just forgive her and tell her to ask God for Mercy and move on with your wedding plans
Perfect answer. What if she's perfect and you ended up being the person who isn't fertile ...eg low sperm count or some other issues? If you want to marry her, marry her. Period. She is a blessed woman for telling you the truth. Some will just talk to God about it and overlook telling you while others (which most people will say are 'sharp') won't say a word to either God or man. If you love her and can build a life (not just a family, LIFE...like you and her visions) with her, then by all means MARRY HER!!!
PoliticsRe: NNPC Has Started Refunding Unremitted $1.48bn - Alison-Madueke by MrSunesis(m): 8:34am On Apr 23, 2015
Ymodulus:
1. Why did it take forensic accountants to find the money,.
2. How many more forensic accounting needs to be conducted to see where Nigeria's money has is?
3. How long has the NNPC been sitting on that pile of cash,.
4. Who controlled the account the money was sitting in.
5. How much interest has accrued?.
6. Where is it the interest payments?
7. Did the outgoing President know about NNPC sitting on the money, who else knew what was going on?
8. Is this part of the money that was alleged by now Emir Sanusi II that was stolen or unaccounted for?

Reporters should ask these officials tough questions and not just report what they say. No one is answering any question on this billion dollar questions.


Lastly The time has come that, President Buhari needs to seriously look into gradually phasing out the importation of petroleum products. We simply have no business importing them. We have a vast network of NNPC pipelines and depots that have been deliberately ruined by the powers that be. The refineries should be made to function for once. We waste a lot of scarce foreign currencies importing needelessly.

The best way to shore up the value of the naira is by looking inwards and increasing wealth generation within the country. Not by having "containers on the high sea." and killing the local industry.
God bless your brain. Exactly what I hoped to find out but the non-investigative nature of most of our news papers seem to just tell us 'tales by moonlight'. We need to know.
EducationRe: Some Interesting Facts About The World. by MrSunesis(m):
Years and generations were skipped in the bible.
Thus the bible does not posit 6000 years.
Also, God said lets make man in our image. That should indicate that man had already been created but the man was of a different type perhaps explaining the homo erectus etc etc beings that had initially existed. You cannot call man man if he wasn't already named man from a certain time in past.
Also, there are indications (subject to bible interpretations) that the time of flooding in Noah's era wasn't the first time God was destroying the earth. He seemed to have done so before...judging from the earth was without form and waters covered the deep in Genesis.
Just some food for thought. We need to keep researching and making inquiries.


[quote a author=joeblac07 post=29443424]13. The Earth is 4.56 billion years old the same
age as the Moon and the Sun.

The holy book of Christians say otherwise. The Bible posits that the earth is about 6,000 years old.

So are you gonna believe what the Bible says by faith or are you gonna belief what science has proved so clearly, by evidence.[/quote]
GamingRe: 5 Issues Only Nigerian Gamers Understand by MrSunesis(m): 6:07pm On Apr 16, 2015
Funny enough, gaming helps me think yet clear my head at the same time.
Jokes EtcRe: Funny Pics! When You Go To Look For A Job After May 29th. by MrSunesis(m): 5:26pm On Apr 16, 2015
Lol...always admired this lady's creativity and humour on Instagram
Foreign AffairsRe: Xenophobia: Lawmaker Calls For Evacuation Of Nigerians From South Africa by MrSunesis(m): 3:55pm On Apr 16, 2015
Does anyone see the things we toy with when we let our rulers say evil things against other ethnicities?

We narrowly escaped something like this during the elections when the threat was made to a major tribe.

We should be thankful that God got to us just in time.
Christianity EtcRe: Can A Real Born Again Girl(+prayer Worrior) Be Romantic?? by MrSunesis(m): 1:32am On Apr 16, 2015
If you can have song of solomon in the bible why can't she be born again and romantic ?


slowice:
One can't underestimate the benefit of getting married to a born again girl. The spiritual support she'll give her husband and family is priceless, but sometimes I kinda wonder if her very spiritual side won't end up creating less affection and make the marriage less fun(romance-less) in the long run.

Which could be part of reason why guys are not very comfortable with marrying born again girls...

Your thoughts will be very much appreciated. huh undecided
PoliticsRe: Highlights Of The Approach Of Muhammad Buhari's Incoming Government by MrSunesis(m): 1:40pm On Apr 14, 2015
egobetatoday:
You remind me GMB Promised to declare his assets.

PLS WHEN IS ASSET DECLARATION FOR GMB/PYO GOING TO BE?
We know not yet. But I do believe it will be less than a week in office for each of them .
PoliticsRe: Highlights Of The Approach Of Muhammad Buhari's Incoming Government by MrSunesis(m): 1:34pm On Apr 14, 2015
vanunu:
Is it not the same subsidy that jona tried to remove and there was serious demonstration against him in the north and south west.

Deregulation of transmission lines should not be a priority for now, it should be left with the company that is managing it.
The major issues that revolved around the subsidy protest were the NNPC scams(corruption), cabals(our hands are tied-Deziani), and refining capacity for that which we produce (but import). We knew subsidy had to go then.
PoliticsRe: Highlights Of The Approach Of Muhammad Buhari's Incoming Government by MrSunesis(m): 1:26pm On Apr 14, 2015
Rawani:
This is the direct opposite of what it means to be clueless. Well done sir.
Buhahahahaha...I have always said governing Nigeria is not rocket science...most of our leaders just make it look complex so they can loot the nation.
See how articulated and practical GMB is. This is a selfless leader who has sort wisdom. They have revealed these strategies to uscto show us they are ready to work and be accountable at the same time.

And if they do not deliver, we change them again and again and again till our nation gets it right.

So glad to be part of the change generation.
PoliticsRe: Forgive Akiolu And Move On, Buhari Tells Igbo by MrSunesis(m): 4:51am On Apr 09, 2015
aderonila18:
It's not about being prideful, do you want calamity to befall his people. It is an abomination for an Oba to apologize publicly , he simply can't do it even if he wants to
Are you aware that it is said in the Scriptures that God repented (had a change of heart)?...if God can, why can't your Oba? He doesn't need to beg...he just needs to say something like... igbo occupants of Lagos, let it be known that I harbour no ill intentions against you. We encourage you to vote as your heart pleases. The land blesses you irrespective of who you vote for and I revert my initial words.

At least say something positive. No one wants him to lose his honour by begging.

Pride goes before a fall. Nebuchadnezzar of Babylon was far greater than your Oba and he learnt that lesson the hard way.
PoliticsRe: Clark Condemns Obama Over Presentation Of Certificate Of Commendation To Jega by MrSunesis(m): 4:24am On Apr 09, 2015
Anyone of us can give certificate too na. I am going to print and send Jega my own too sef.
PoliticsRe: Meet The Youngest Minister Nigeria Has Ever Had [see Photo] by MrSunesis(m): 4:15am On Apr 09, 2015
Menace2Society:
Who stop u from contesting?loud mouth mofo undecided
You don't contest ministerial posts...or do we do so here ? I thought for one to be a minister you had to be appointed.
huh

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