Post MBA - Experience & Lessons Learned | Greg Hung | Skillshare

Post MBA - Experience & Lessons Learned

Greg Hung, Travel Videographer

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14 Lessons (53m)
    • 1. Mba intro

      0:56
    • 2. MBA application process

      4:26
    • 3. MBA public speaking

      5:44
    • 4. MBA GROUP WORK

      3:17
    • 5. Mba Social Life

      3:48
    • 6. Mba getting the most out of the program

      2:37
    • 7. Lifeskills learned during the mba

      4:45
    • 8. MBA negotiation

      7:41
    • 9. Project management

      3:44
    • 10. Mba process management

      2:58
    • 11. Mba time management

      4:14
    • 12. MBA Thesis

      2:56
    • 13. After the MBA Thesis

      3:52
    • 14. MBA - Summary

      2:21

About This Class

An MBA program takes is expensive, time consuming and hard work. If you're considering an MBA program this class will walk you through the experience of the entire program. I completed the Technology Management program at SFU Beedie School of Business, a well recognized school in Vancouver Canada. I've condensed some of the most important lessons from academics, extra-curricular events, to what I did after the program

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Transcripts

1. Mba intro: Hi, My name is Greg Hung and welcome the Post N B A. This is a course designed for people that are curious about an MBA. Is this program right for you? I know it's a huge commitment in terms of time and money on, I know that you want to make sure this is the right step for you. Hopefully, after taking this course, you'll have a good idea if the NBA's right for you and also how to get the most out of the program. And I'm also going to share what my steps were after and we're going to cover it, not the academic side of things, but more on the actual highlights and experience of going through the program and some of the key takeaways from some of the courses that I felt were most important as well as life skills that I learned from going through the program. I'm sure you're going to get a lot of value out of this course 2. MBA application process: in this video, we're going to talk about the application process and choosing a school. Choosing a program is really important because not all MBA programs are equal. You've got online MBA programs, if God programs that are less well known. And then you have well known schools like Harvard, Princeton and Stanford. Not all of us have an opportunity to go to the school. Sadoun MBA for reasons of budget. Or maybe we're not smart enough. Or maybe it's just not the right location, but I will share why I chose my school. Simon Fraser. I did research for schools in Canada, mainly in Toronto, Montreal on Vancouver and in Vancouver. The too big schools are UBC, University of British Columbia and Simon Fraser S F U. So applied to these two and even within as have you. They have multiple flavors off the MBA, for example, the Executive MBA. They had the General MBA and the Management Off Technology program. It just seemed a good fit to join the measuring all technology program mot for Schwartz because it was part time. I was working a full time job, is a 19 manager. I didn't want to give that up. I had a mortgage. I just purchased an apartment so I couldn't afford to quit my job to pursue the N B A full time. So that was the main reason the budgets for the MBA was also more affordable at S of you versus some schools in Toronto. And I wanted to be close to my family and friends, and the view program was downtown Vancouver. I was living downtown, so just all seemed to be the right fit for me. But for you, you may be in a different situation. Maybe you want to move out of town or you want to choose a school that has international recognition. In Canada, you'll have to look at the rankings. There are business magazines that do annual rankings of the schools. The school I went to is recognize, but internationally, it's Nona's recognized. So I think you have to think a little bit in the future what your plans are if you want international recognition. Obviously, Ivy League schools like Harvard and Stanford hold a lot of cachet, but they're very expensive, very hard to get into schools. More local, like SF, you and UBC are recognizing Canada, but internationally, not so much. And even at the local level, a school like UBC is more recognized and asks of you, unfortunately, but everyone has a different situation. So take the time to choose your school properly as far as the application process. It was quite a long and lengthy process. A lot of paperwork. We had to get references. You have to take the G, not tests, which is a major thing you have to study for that. Guilmette. You have to think back to the mathematics, the grammar, sparing, punctuation, all that stuff. You'll have to kind of refresh it and review it. I ended up going to Kaplan to prepare myself, and then I did a lot of self study. A lot of study. I took the tests more than once, and it was a very painful process. But at the end I submitted the application and I got a call back, and that was a very happy phone call. I have to tell you so I mean, that, in a nutshell, is the process. It is a long one to the time that you actually step foot in your very first class in the program 3. MBA public speaking: in this video, we're gonna talk about public speaking. One of the things that you will do many, many times during the program is speaking from your class. The very first time I did a talking from the class, it was with the group. But I remember standing by that podium and they had stadium seats. And I'm thinking all these smart MBA people are staring me and judging me, and I don't know what I'm talking about. And I was sweating under my armpits and it was a really nerve wrecking experience. And this was coming from an I T manager that had experience running meetings. I just wasn't equips for that scenario. I wasn't prepared for it. It took me a little bit of practice. I was actually going to Toastmasters around the same time just to fit one more thing in During this compressed schedule, Toastmasters really helped give me some confidence to speak in front of an audience. Not only that, but to learn how to improvise. If you ever have ah chance to take Toastmasters, I recommend it. It will give you that practice in a safe environments. And they also have something called the tabletop exercise that will give you experience with improvising and being able to improvise, uses a different part of your brain and just gave me the confidence later on to do public speaking during the MBA. And just in general, I'm quite comfortable talking about it. And I think talking about things that you're comfortable with and you know, usually helps you talk publicly about things. And, uh, I remember during the very lost Kloss I was talking about the company that I planned the start Sheikh Ayash, and they actually recorded this video. It was a group presentation, and I was just so confident, enthusiastic, and I knew my stuff. And once you have those things taking care of, you can then focus on your body language, how you're coming across your hand gestures. I also think it helps to dress appropriately so that you feel confidence and comfortable. You may need to wear ah, business suits or shirts so that you feel professional and confidence. I think it's important to have role models, people that you can follow and mimic. And my role model for public speaking was Barack Obama because he was really articulate. He was convincing persuasive and she had a lot of good body language. So I did a little bit of study Barack Obama and I would actually record myself public speaking and make the corrections. It's really something to record yourself here, how you're actually coming across, and sometimes it's embarrassing, But you need to get that feedback toe actually make the adjustments. Actually started recording video of myself, and that's a whole new ballgame because you've got your vocal and then you've also got the body language. When you're actually speaking in front of people, you may not be aware of what you're actually doing. What are you doing with your hands? What are some of your bad habits when you're really nervous? And once you actually see that feedback, you can make the adjustments. So it's good to have a role model to see how it should be done, and to try to copy them, I would recommend just maybe recording some videos on your phone off yourself, talking. Maybe just do a short speech on something you know very well, and once you're really knowledgeable about the stuff that you know, you can focus on the other part, and that's the body language, your eye contact how you're coming across to the audience. So hope these tips help you or your public speaking because it's actually not something that was covered in the program, but we actually ended up doing a lot of it. And this is something you may do a lot after your MBA plan to reach them really effectively using Facebook advertising, which has an existing base of 500 million users. And I put together a sample Facebook at camping and you can choose options about where they live, which country they're from, gender, what their interests are. You can see in us me to reach of about a 1,000,000 people on a cost per click of dollar and six cents. Any tips to make your videos look more professional or better improve the production value . Okay, well, um, the natural lighting is really important. I think that's the best type of light. And so if you're plenty do video, what I'll try to do is to scout out the location. I want to shoot in advance and I'll go to that location and I'll get a night idea of which way the light is facing. Like we're in trying my right and towards the mountains is Wes this east, nor self 4. MBA GROUP WORK: in this video, I'm gonna talk about group work. Specifically, I touched on it earlier when it was talking about not working, but we'll focus specifically just on group work. There was a lot of group work during my program. On the very first class, we were put into groups, but later on in the program, we had the opportunity to choose and form our groups. Earlier on, not many people knew each other very well. We didn't know each other's personalities or strengths, and later on in the program, I noticed that some people were clicky. They would stick to each other, and I think during the program it's important to not be shy to showcase your skills and strengths Later on. In the program, I had a reputation of being more of a go getter and entrepreneur, and I remember for the very last class which was entrepreneur finance, we had the opportunity to create a group. I put my hand up because by this time I had an idea. I wanted to start my own company and create a business plan, and some of my friends and colleagues in the class knew about this and they wanted to be a part of it, and because of this, I had no problem forming a group and I was able to pick out some of the people that would be strong. Players in the group is very important to have a strong team. Otherwise, you're gonna find people gonna be dragging you down. So during the n b A. And in work and life, it's important to know the strengths and weaknesses of people and how they work together with others. Earlier on in the program, I had some difficulties because as an I T manager, I was used to being in that leadership role. But in the n. B. A. I didn't have that title, and I found myself clashing with some other people that were leaders. And so you have to learn what the personalities of other people are and figure out. How are you going to adopt? I learned for myself. It was important to adopt to the team dynamics. For example, if there was a locker leadership, I felt that it was my job to step up and provide that direction. But if there was already a strong leader, maybe I had to adopt into a contributor role and see whatever I could do to fill in the gaps of the team. So that was a big take away from me. Not always being the leader work, but sometimes you have to adapt to fit the situation. Maybe you're more comfortable as a contributor or a leader, but try to stay aware and be mindful of the different personalities and try to adapt to the team to make sure that you're contributing toe, help the team win and reach its objective. 5. Mba Social Life: Hi. In this video, we're gonna be talking about the networking and social life off going through the MBA program. I think this is often overlooked because so much focuses on the academics. But you can get a lot out of the program through the relationships that you build and you'll see if you go through the program. If you get along with people in your class outside of the classroom and makes a huge difference in your group work, I found through the program that's more and more. We were put into groups and we had preference into who we wanted to work with. And it's quite interesting to see how people gravitate together and favor others. Now during the beginning on the program, people don't know each other very well, but you'll find that you gravitate or get along with people better than others. And, yes, my take away here is to keep an open mind and to make an effort to socialize with people in your program. I had about 50 people on my program from different backgrounds, somewhere local, with families, somewhere from China, somewhere from Persia, and people were either single or couples or even married with kids, so it was a broad range. I ended up getting along well with one of my friends. She was from me, lan China. And this relationship proved to be quite interesting because I ended up going to Beijing after the MBA and we ended up spending some time together in Beijing. And then I ended up coming back to Vancouver and renting her apartment in Vancouver for a year. This is something I didn't plan for, but that's just an example of how a relationship I can help you out later on. There's also opportunities in the MBA to meet other people. There'll be a lot off social on network events, and I had a chance to meet people outside off my MBA stream, but in the same school. So I met people in the General N B. A, and their class had a huge number of people. I think it was between 70 and 100 people, so I met people out of that that became friends. We also did sports sports events. We ended up going to Toronto to compete against other MBA schools, and I made some connections through that. So a key take away is I think it's important to focus on your academics but also keep an open mind and to try focus on building strong relationships. They may help you out later on after the program and may prove to be some of the most valuable part of going to the embassy because these people have gone through that long process of getting to the N B A. They've done their degree. They already have a good level of education. So these are quality people. You're not going to get along with everyone, but you may have common interests like golf. I have bean on hiking trips with some of the NBA's, and we're actually a school for dinners, stuff like that. So keep an open mind and try to make friends with people during your entire program. 6. Mba getting the most out of the program: in this video, we're gonna be talking about getting the most out of the program. So some tips for doing this are to stay aware off events that are viewable or services that are available. For example, during the program, we had an opportunity to do things like fine dining business fashion. These might not have been mandatory courses, but why not take them to learn valuable new skills? This is an opportunity to do that that you normally wouldn't. Other services that were available were resume workshops. We had an opportunity to bring our current resume, get some tips on how to polish it up and end up with a really business professional looking resume. By the time we got out of the program, we also had a service that that will allow us to practice a mock interview and actually use this. After I finished the N B. A. And I was preparing for a job, and I found this very useful to have a simulation to do a mock interview before the actual riel thing. We also had an opportunity to go to events. I may have mentioned the Toronto NB A Games, which was an opportunity to travel at a subsidized cost to Toronto with my friends to compete in sports and other activities against other MBA schools in Canada. So that was a great experience, good opportunity to meet new people. So I would say, Stay open to those things now. The very last couple of courses, I had an idea to start a company called Sheikh Verbiage. This was a travel company, and I ended up using the very last course. This is the thesis. By creating a super business plan for my company, I was not only finishing the last course to get the credits, complete my MBA, but also ending up with a business plan that I could use for the business. So looking out for those opportunities and trying to apply activities in your coursework, two things that you may be doing in your your life in real life or your business. I think that's what's going to help you get the most of the program 7. Lifeskills learned during the mba: in this video, we're gonna talk about some of the life skills that were learned during the MBA program. These things could have been extra classes outside off the regular curriculum and just things that you could apply to your business life. Okay, for example, we actually had a business fashion class, and one thing that I took away was getting into fitted shirts and suits. There's a lot of smart people in the program that we're gonna have new ideas and introduce you different things. So I learned about Maxwell Cool. The years, which is a company in Hong Kong that visited Canada that would take your measurements, allow you to pick out the patterns and shirts, the cuffs, the collars. So this took my business fashion to a whole new level from when I was just buying shirts at Banana Republic that didn't fit me very well and had a very generic look. So I started ordering shirts from Maxwell Club years on, and I saw where some of those shirts to this day s O that took my business fashion to whole new level. I had custom fitted suits that had custom patterns, and I was very happy about that. Another class that I found useful was on fine dining. It was pretty fun. We got to dress up and learn how to do dinner etiquette with fine dining when you had, you know, different sets of forks for different courses during the dinner meal, different knives, different spoons and how to handle that. How to deal with etiquette when you're doing with business interactions, shaking hands and for Asian culture, giving business cards with two hands and bowing and looking at people in the eye when you do that and those types of things are often not discuss. But we covered those during the program, and that just makes you more, Ah, coral, culturally rich person. We also do things like golf. We had a free lesson out UBC, and I actually ended up taking lessons after that, and I've always wanted to play golf, but I never actually did it. So by actually getting that free lesson, actually got my feet wets and started taking golf lessons with some of the people in my group. And there's some of my best friends out of the program, and now I'm happy to say I can actually hit the golf law and play a full course if I want to. I'm still not very good, but I'm a lot better than I waas. Before the program, I learned things like mind mapping the mind Mapping is an idea that you can create bubbles that are in your head. So if you take the idea in your head, put it in a bubble and then you map it visually to connect one idea to other ideas, and I'm actually going to show you what this is like. I discovered a free app called Simple Mind, which is very simple but powerful to uses a lot of fun if you're trying to form some strategy for your business or the job that you work at. No, I would never have learned what my mapping was if I didn't learn the program. Another thing I learned in the program that actually use a lot of my life now is the response to a hard question. It's called. It depends If someone asked you a hard question and you're not ready to answer, you can stall by saying at the pets, if someone asked you, our friend asks you, do you want to take free photos at this wedding. Or let's just say they ask you if I want to take photos at this wedding, and I'm not really sure I can say depends it the pens. If this job is paid, it depends on the location, and it's a good way to say that you're interested, but you're not really committing yourself until the conditions are right or you get more information. 8. MBA negotiation: hi. In this video, I wanted to share some tips for negotiation. Some of it was learned from my MBA program, some of its from real life from being an entrepreneur and a videographer. And I think a great place to use examples is a night market. This is also a great place to practice your negotiation. If you have an opportunity to go to Asia, go to the night markets. You'll find out that the price you're giving it first is often not the actual price. You can walk away with something. The walk away is a great tactic. And to do the walk away, you have to be aware off the anchor price. What is the maximum You will pay for this and be happy with. And if you don't get that price to be willing to walk away To understand this, think about a selfie stick. If I us for the price of a selfie stick and I've given $20 I'm thinking that's a bit high. But what's the maximum I would pay? Let's just say it's $10. So my mind. I know the maxim I will pay with, and that's still be satisfied is $10. Well, if we're going to make an offer, we're not going to give $10. We're gonna give something a bit lower than that. So you gotta know what your anchor is first, so you can offer something lower. So I would go ahead and offer $5 for example, So anywhere between five and $10 would be the ideal price where hopefully I'm happy. The seller is happy. But the main thing is to know your anchor price. What is the highest you'll be able to pay, be happy and walk away so that if you're negotiating and I offer $5 they go No, you'd say seven or $8 you account for seven or $8 then that's when you be willing to walk away. If they say okay, okay, $10. Then you would offer $10 you'd be walking away with the item and you'll be happy with it because that's your anchor. But you're going to offer $5 to begin with, because if you offer something higher, it's harder to go lower. So hope that's pretty clear. The concept off an anchor price. Another tactic you can use in negotiation is patients. This is particularly true if you're doing negotiating through email or you're trying to do Cochet plans with a friend, and you're doing it through email or online, and this is something that isn't really time. So if I'm a videographer and someone's asking for the price off the video, how much is the cost of a two minute video? I'm asking. Want are all the details? Where is the location? Do you need editing on this video? How many people do you need in the crew? Gene, you two cameras. You need all this information to figure out what are the actual costs for me to produce his video? And of course, he also need to make profit. So you gotta know the fixed costs for yourself and then how much profit you would want to take and then you would come up with your ankle prize. It also helps to do research to figure out what is the market for this type of video. But at the end of the day, it comes down to yourself. I mean, you definitely want to cover your fixed costs and leave some profit for yourself, but At the end of the day, you want to think about given your situation, how much do you really want to do this job? How badly do you need it? How badly do you want it? And if you really want it, you're gonna offer ah price. That's very competitive for the market. If you have a lot of jobs and you don't need to take on a lot of new work, then you can offer something higher. Because if you don't get this job, that's okay. You've got a lot of other work. So I think it's important to do the research to know the market, know your value, know your worth so that you can negotiate when it comes down to its depending on if you're videographer or your negotiation plans with their friends. Let's just use another example. Let's just say a friend wants to go to coffee at a Starbucks on Wednesday morning, and you're not really that excited about it because you don't like Starbucks and you don't like waking up early in the morning. So if a friend asks, you do that, you and you want to go to another coffee shop later in the day. You can say I don't really like Starbucks coffee, but I would be open thio going to J J Beans around noon a little bit later so you can counter offer. And so I think it's important to no what do you want and put it out there. But also put yourself in the shoes of someone else so that you can come to a mutually beneficial agreement. One other example I will give is for the co work space. The owner of the court space wanted a video, and they wanted Teoh offer some credits in the instead of cash, UH, which was valley to me because I wanna work at a co work space. And but I know that during the video would be more than what the membership space with costs. So to add extra value to myself, I offered to film B roll footage so B roll footage is something that I can sell and B roll footage is something that the owner could also use for commercials. So that's a win win, so that's looking out for the other person is, well yourself. Try to find those opportunities where you can, uh, get a win win situation in a negotiation so cover Ah, a few different ideas there. A negotiation. It's more for art than a sign, sort of a dance. It's not something where you want to, you know, get that lowest price and have the other person feel like they got ripped off. Negotiation is figuring out what you want, what the other person wants in trying to solve that puzzle. So it's a great deal for both of you, so hope those tips help on negotiation. 9. Project management: in this video, we're gonna talk about Project Management's. It seems like project managers are in high demand these days. I can see why I'm not a PMP certified project manager, but I've been involved in a lot of projects during my career, and this was actually a course in the program. I didn't get a lot out of the project manager in course, because I believe you actually have to be involved in a really corporate project to learn something about project management. What I think you can get out of a project management course in the program is to learn what the terminology is. And I think it's important Teoh not think of project management as this complicated thing. I mean, at its basics, a project is something that needs to be completed. It has a set budget. It's got stakeholders, people that are really interested in seeing the objective met, and then you've got the people that need to do their work or do their thing to accomplish the project. Now I find as a project manager it's really important to schedule meetings to get the right people together. So that's half the battle scheduling meetings, getting the right time zones. If people are in different areas and getting their inputs, their updates for each person, I find that the part that is really important to be aware of is that it's after between the meetings where things can fall apart or people forgets to do what they committed to and they let down the whole team. So a tip as a project manager or former project manager is in between those meetings. It's good to keep communication, especially if something is important. Be aware of what the key things that need to happen to complete the project, be aware of the budgets and to keep everything together. So a lot of communication schedule meetings to keep people together and keep everyone involved in the project updated on what's happening on. Of course, stakeholders, which are usually managers, directors, senior management's keep them aware of what's happening. So you're going to be doing a lot of meetings. A lot of updating, keeping people informed that's added basic, is project management and use tools to keep track of the pro jacks. You know, you've got milestones which are important dates that you need to get something completed or certain events that are important for the project that you mark down on the timelines. There's Microsoft Project, which is a popular tool to manage the projects, or it could even just use Microsoft Excel. All right, so I hope that helps you get the gist of project management on important skill in corporate world today. 10. Mba process management: the key take away from operations management for me was the idea off process mapping, where you actually look at a repeatable task, usually in a larger company, and you looked at how that's actually done. To do that, you may have to have meetings with people that are actually doing these tasks every day or the manager off that functional unit. And while you're interviewing them, your goal is to make a process map. So this is something visual that marks out each step of the process until it's completed. So to give you a concrete example, we're gonna be talking about and you hire. This was a really example that I actually did a company after my MBA and this is MBA stuff . So I interviewed people from H R and different I t teams. I ended up with the process map, and once I had that map laid outs identified possible bottlenecks or delays things that could be improved. I scheduled a meeting with the decision makers, the people that had the authority to change process, as well as the people that were actually doing these tasks to educate them on how the process actually Waas based on what was given to me and getting agreements and input into how we could actually improve that The process mop is an important thing to do because people may have different ideas off what the process is because they're only involved in a very small part. All this process map, for example, someone in HR may only know the administration side of things. When someone starts with a new company, you know, they do their HR thing, and then they give it over to I T. But something could be done very differently to improve that, to speed it up. So that process mapping exercise. While it's not rocket science, it really helps to have someone own. That's to be responsible for that and to get the people together to agree on things that could be tweaked a little bit or adjusted to make a lot faster. And this really health. If it's done every day, it's a large organization. It can really help over years and years and years, so process mapping is key. Take away from the operations management 11. Mba time management: Hi. We're gonna talk about time managements. It's an essential skill if you want to survive a full time job while doing a part time MBA program. So to look a time measure in, the first thing we're gonna look at is you have to cut unnecessary things out. For me, this was cutting out TV and cutting down on my social life. That meant cutting out, going out on weeknights to reserve time to focus on my MBA homework as well as catching up with work. My full time job on days that a hat class classes were in downtown and we also had an office downtown, and our work was set up where I could actually work from any office. So I asked my manager if I could work out of the downtown office on days that I had class and this shaved off about an hour of my time, commuting to work to the office that I usually worked at in Richmond. I also live downtown, so this allow me to walk to school 15 minutes away, which say shaved off countless hours during the entire two years. All the program. Now I know not everyone has the opportunity to design their lifestyle like this. But if you can locate your home to where you spend most of your time so that maybe work or school, even for a short time, think about the time savings this is going to give you over the course of your life. It's something that I still practiced today, and I call it Lifestyle Design. Other tips for time management are to schedule times specific slots to do things for homework or prepare for your classes or even for work. I know sometimes if you really love your job, which I did, it's very easy to get sucked in your work and go past your work hours. But at the end of the day, if you got paid for a certain amount of hours, you got to get out of there to go to class I. My final tips for time managements are ultimately treat time, very valuably, even outside the program. Time is something that you should really value and treat with respect, and while you're actually going through the program, I think it helps to know what's important to you. For me, it was the MBA program. It was maintained performance at work, my family and my strong relationships. At the time I had a girlfriend, so I gave time to her. And then some things have to fall by the wayside. You can't fit everything in there, but keep in mind that the program is temporary. But after the two years, it was so nice just to, you know, go back from six to third gear and it was a compress sense of time, and you just need that time to decompress. But it's nice that you could go through that survive and know that what it takes to get through that compressed sense of time. So I hope those tips help you for time management. Block out schedules in your calendar for the things that you really need to commit to be aware of your time and respect it 12. MBA Thesis: in this video, we're gonna be talking about the final thesis. The sounds, something like an academic paper. Very boring, very dry. But you need to do this to get your MBA. So for my final thesis, I decided to do a super business plan on the company I was planning to launch. I thought it would be smart and do something that I could actually use outside the MBA for riel business that I was starting inside of some academic paper that I wasn't interested in That was just going to sit somewhere on the Internet that known was gonna read again. So what can you do? What ideas can you do for the final thesis? Well, you can do any number off topics I recommend. Then you can search online. You can actually search for SF you MBA, I'll put a link there. You can search for past papers, and this is probably one of the most useful ideas for ah, thinking about what type of paper you could do and also seeing how it actually is written out. So I think our final paper was over 50 pages and it applied everything that we had learned in the program into business plan. I partnered up with one of my friends from the program and the process waas that we hashed out our first draft. We ended up with so many drafts and we would send them to the professor. And there was also an assistance that would give us costs and feedback on things that were missing. And by the end off the thesis, we ended up with the super business plan, which I'll also provide you the link to. It was painful. It took a lot of time, and I ended up doing the bulk off the work. But at the time, I thought it was useful to actually have a working plan. And we just did countless research to make sure that we cover all our bases. Now, in the next lesson, I'm gonna share with you what actually happened with that business plan just to give you an idea off. What? The post MBA waas. But the thesis is your final projects. So make accounts. Try to think if you could create something that you could use after the MBA 13. After the MBA Thesis: Okay, so we're gonna talk about what happened after the business plan. I'm gonna give you some highlights because this is a long journey. So after I completed the MBA, I had some time earlier, become really inspired to start a company actually came up with the company name. Ah, incorporated the company, and I started contracting as a project manager for a while to free myself up to focus on my business. My job is a 19 manager was trying to become mawr, time demanding, and I knew that the next chapter was near. I actually tried to execute that business plan. I sold my apartments in downtown Vancouver, give myself some capital, ended up buying new camera's. I try to start my first summer travel tour. It failed. I realized that there's a huge difference between having a business plan and actually going ahead and trying to execute it. Overlook that the travel tour business in Vancouver is seasonal. It's hard to deal with suppliers like hotels that want to put the risk on you. And ultimately, I hired a company to do video for the tour, which I can show you that inspired me to pursue video I've always loved travel on Day ended up just putting everything aside After that first tour failed. Traveling to Asia with my camera, just doing a lot of video. I went to Taiwan for my friend's wedding, and that was a huge eye opener. I had to return to a job, actually returned to a job as a business team lead with my MBA. Got to apply some of the stuff I learned through the program, with the process mapping and improvement, other stuff from my previous experiences. An I T manager. But after that year, I decided I was going to start a working holiday in Taiwan. I sold my car everything except my laptop and my cameras. I traveled to Hawaii, Australia. I made my way to Taiwan, where I went to learn Mandarin Chinese and lived in Taiwan for two years, built up a wonderful video collection, actually taught English. I built my online video business or the beginnings of it. And then I found out about the digital nomad culture, which is a lot top lifestyle of other entrepreneurs that are now doing it mostly from Chiang Mai, Thailand. I moved to Thailand. I lived there For two years, I skilled up my business, and I've had a wonderful journey that I wouldn't trade. And maybe none of this would be possible if I didn't find my inner entrepreneur from that Toronto events that came out of the MBA program. So looking back, it is interesting. I still believe in having faith and following your heart and trying to marry passion and business so hopefully you can learn some lessons from my experience. Ultimately, I think you get out of the MBA. It's up to you, to the side, on one experience that you want, what do you want to get out of it? 14. MBA - Summary: congratulations on finishing the course. I hope you've got an idea what it's like to go through the program, some of the key takeaways and I hope you have a good idea if an MBA program is right for you. I think most MBA programs are not designed for entrepreneurs. You don't need an MBA to become an entrepreneur. But for my case, I don't think I would have found my inner entrepreneur if I didn't go through this program . Anandan go to that events in Toronto I wouldn't have gone through that journey that I have , so I have to look at it that way. I think ultimately the experience off the M B A is what you make out of it and the opportunities that the program presents to you. You could very well become well paying manager and a corporate company, and Emmy does give you some cachet. It's nice to put on your lengthen on your resume. It's nice when you're filling out those job applications that require an MBA and you can see that you have it and it does still hold some respect. My friends, do you know that I have it and it's nice to talk about it, but it does come in a price. It is expensive and requires a lot of time. So ultimately, I think you have to look at what your goals are and whether the MBA is gonna help you do that. And if you're interested in my journeys as a digital nomad travel videographer building an online business with a lot of talk and a camera living in other countries, please check on my other courses. I think this is a whole new chapter that's aside from the MBA, but it's just interesting to look back at the chapter of the MBA. What I got out of it, what you can learn from it and where it led. Thanks for taking this course.