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Welcome to the Evisors Webinar
Visit us online at www.evisors.com
Hack the MBAHow to Squeeze Maximum ROI from Business
School featuringDavid Teten
David Teten, Partner, ff Venture Capital ffvc.com // teten.com
Sign up for updates at Teten.com and Twitter @dteten
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How to Hack Your MBA
Download these slides and the book and get more free resources at:
teten.com/education
Don’t Take Notes!
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Contents
About ffVC and DavidIntroductionMythsCareer PlanningNetworkSelective ProgramsNext StepsQ&A
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ff Venture Capital(FFVC.com)
• Early-stage technology venture capital fund based in New York, with investments in the US, Canada, and Israel
• Founded 1999, with over 160 investments in 55 companies• Focus on early stage internet companies with disruptive
models• First investments typically $75-$400K at valuations of <$5m
pre-money• 50% of fund reserved for follow-on investments• Prominent investments include:
Cornerstone OnDemand (IPO); Quigo Technologies (sold to AOL for >$340m); Klout, Voxy, 500px
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About DavidDavid Teten: (teten.com)
• Partner, ff Venture Capital, early-stage technology venture capital fund
• Founder and Chairman, Harvard Business School Alumni Angels of Greater New York
• Founder and Chairman, Navon Partners, startup focused on sourcing deals for private equity funds
• Managing Director, Evalueserve, through September 2008. 2,500-person finance-focused research and analytics firm.
• Founder and CEO, Circle of Experts (investment research firm), sold to Evalueserve
• Founder and CEO, Teten Executive Recruiting, sold to Accolo, #42 on 2007 Inc. 500
• Founder and CEO, GoldNames, domain name investment bank, based in Israel
• Technology/Defense Investment Banking, Bear Stearns (#1 group at Bear investment banking by revenues)
• Lead author, The Virtual Handshake: Opening Doors and Closing Deals Online (TheVirtualHandshake.com)
• Harvard MBA 1998, Yale BA, both with honors.
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Myths
IntroductionMythsCareer PlanningNetworkSelective ProgramsNext Steps
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Myth
An elite degree guarantees a reasonable level of competence.
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Myth
A degree from a top school guarantees success.
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Myth
You should get to know as many people as possible.
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Myth
Your friends at school will be with you for a lifetime.
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Myth
Students are independent thinkers.
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Myth
Right after school is a great time to start a company
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Myth
You should join a start-up, any start-up.
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Career Planning
IntroductionMythsCareer PlanningNetworkSelective ProgramsNext Steps
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Define your Goals
• The obituary view…
• But think entrepreneurially about your career (see thestartupofyou.com)
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Don’t get caught in the middle
• Academy companies
- Technology
- Strategy consulting
- Investment banks
- Investing
• Choose your own path
• Do something exceptionally well
• Join the best of breed groups
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Prepare for School:
Master “Elevator pitch” Review the student databaseContact student clubs
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Network
IntroductionMythsCareer PlanningNetworkSelective ProgramsNext Steps
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Network Valuation Formula
Ch = CharacterCo = Your Competence R = Relevance of the contactS = Strength of your relationshipI = InformationN = Number of peopleD = Diversity
= D * ∑ (Chn*Con *Rn* Sn*In)
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Balance of Strength and Numbers
Average Strength = Minutes Available / Person
Number = # People
therefore…
Average Strength * Number = Total Minutes Available
vs.
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Study Skills
• Touch type
• Master your productivity tools (MS Office, Asana, etc.)
• Master homework templates
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Appear Intelligent
• Economist, Wall Street Journal
• Initiate (or at least repeat) perceptive insights
• Provide sources
• Learn active listening
• Avoid uh…, um…
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Become an effective member of class
• Plan the first impression
• Multipurpose your work, e.g.,submit a school paper for journal publication
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Meet the other people at university
• People not in your school
• Organize student-faculty events
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Work, don’t play, to build a relationship
• Become a club officer
• Play team sports
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Be a data hound
Tools for Assimilating Data into Your CRM System
Data source Technology
Business Cards
Cardscan, IRIScan, Neatco, Plustek, ScanBizCards
Emails Contact Capture, eGrabber, GwabbitCloud Plaxo, LinkedIn
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Join the crowd; Grow the crowd
• Join multiple clubs
• Become a resume editor
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Sit with the stranger
• Find mentors
• Internships
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Selective Programs
IntroductionMythsCareer PlanningNetworkSelective ProgramsNext Steps
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More money is waiting for the underrepresented
• Greater Scholarship Opportunities
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Scholarship Search Sites
• Fastweb
• CollegeBoard
• Student Scholarship Search
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Leadership Organizations/Conferences: General Interest
• U.S. Jaycees Ten Outstanding Young Americans
• Renaissance Weekends
• The Weekend to be Named Later
• Weekend Renewing America’s Promise
• Technology Entertainment Design
• World Academy of Art and Science
• U.S.-Southern Africa Emerging Leaders Program
• One Young World
• DoLectures
• Century Institute
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Leadership Organizations/Conferences: Business
• Society of International Business Fellows
• United Nations World Summit of Young Entrepreneurs
• FLOW retreat
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Short-Duration Programs for Working Professionals
• Aspen Institute Socrates Seminars
• Transatlantic Forum
• Atlantic-Brucke German-American Young Leaders
• Bucerius Summer School
• Asia-Europe Young Leaders Symposium
• Salzburg Seminar
• Pacific Forum Young Leaders
• Chautauqua
• Henry Crown Fellowship Program at the Aspen Institute
• Eris Society
• Forum for Young Leaders
• French American Young Leaders Program
• German-American Young Leaders Conference
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• Jobs and internships: ffvc.com/careers
• Research ideas for current graduate students: ffvc.com/topics
• How executives can work with private equity and VC funds: teten.com/operating-executives
• Start an angel group at your university, leveraging the learnings of HBS Alumni Angels: HBSAlumniAngels.com
• Host a presentation: teten.com/speaker
How we can work together
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Questions & Answers
Question 1:
What is the most common mistake made by MBA students?
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Questions & Answers
Question 2:
What classes should an MBA student consider if they wish to pursue entrepreneurship?
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Questions & Answers
Question 3:
How do you find a mentor at the start of your career?
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Questions & Answers
Question 4:
What suggestions can you provide in switching your specialty?
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Questions & Answers
Question 5:
How do you convey your unique experience on a CV?
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Questions & Answers
Question 6:
Which electives should you consider taking in the MBA program given your unique interests/experiences?
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Questions & Answers
Question 7:
What is the best study pattern for a business student?
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Questions & Answers
Question 8:
What would you have done differently with your MBA?
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Questions & Answers
Question 9:
Should I pursue an MBA or an Executive MBA?
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THANKS FOR ATTENDING!
Download the slides and read the book at teten.com/education .
More resources at ffvc.com and teten.com
Sign up for updates at Teten.com and Twitter @dteten
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