Archive for March 29th, 2013
Two mistakes MBAs (and all people) make
The first mistake is falling in love with the status quo. Investing too much time and energy to keep things like they are right now.  Even when new opportunity is in front of them.
The second mistake is just the opposite–trying to create opportunity too quickly. Pushing too hard.  And forcing the issue too quickly. Even when there is plenty of time to take a step back and be patient.
MBAs and lawyers are often guilty of the first. They get good jobs, with high incomes and do what they can to keep them.
Entrepreneurs are guilty of the second. They have the perfect idea or find a partner they like. But they don’t take a step back, think their decisions through and bring the others down the path with them, slowly but surely.  (Have you ever read the Tivo case study?)
Most of us have seen the downside of these mistakes, both personally and professionally.  But ironically we continue to make again and again.
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