This blog documents my MBA student life at Ryerson University, Canada (2010-2012). It was an attempt to demystify the MBA experience, help understand MBA topics & encourage MBA wannabes. I have a Pre-MBA blog about B-School application process (and a few other blogs) as well. I used to blog actively in the past and interact with readers regularly, but life got very busy after my MBA. Good luck. Take care. Cheers! Gerry.
Saturday, March 17, 2012
"When I Write My Master's Thesis" ---> By John K. Samson
"Greet me with banners and balloons...
And my hard drive smashed to pieces...
Nothing left for me to save when I write my master's thesis...
It's all gonna change when I write my master's thesis"
YPO ---> Young Presidents' Organization (< 45 years age) & WPO ---> World Presidents' Organization (> 45 years age & ex-YPOs).
From the links:
The Young Presidents’ Organization is a global network of young chief executives. With approximately 18,000 members in more than 100 countries, YPO and its graduate organization, WPO (World Presidents’ Organization) share a founding mission: Better Leaders Through Education and Idea Exchange.
YPO Membership:
Age: A new member application must be approved by Young Presidents’ Organization International before the applicant reaches their forty-fifth (45th) birthday. Exceptions may be made for new Chapters only.
Title: President, Chairman of the Board, Chief Executive Officer, Managing Director, Managing Partner or Publisher, or equivalent of any of the above
Corporation Complexity: Qualifying Corporation: An applicant must be qualified, in addition to age and title, by rules of corporate complexity established by the YPO Board of Directors. The candidate must meet one requirement from each category below; this means they must meet at least one “A” requirement AND one “B” requirement.
“A” Requirements
Requirement #1 The candidate must have at least 50 regular, full-time employees or the equivalent under their control. Persons engaged on a commission basis rather than straight salary are considered employees if they are permanently connected with the corporation and receive their principal livelihood therefrom. Seasonal employees are not included in YPO’s employee definition.
OR
Requirement #2 The total compensation of all employees, excluding the compensation of the candidate, must exceed US$1,000,000.
“B” Requirements
Requirement #1 The corporation must meet dollar volume requirements based on the type of corporation, as follows:
Requirement #2 The corporation must have an enterprise value of US$10,000,000 as defined by one of the following:
WPO:
WPO (World Presidents’ Organization) is a global organization of more than 4,600 business leaders who are or have been chief executive officers of major companies and who are “graduates” of YPO (Young Presidents’ Organization).
World Presidents' Organization Membership:
To qualify for WPO membership, you must have been a member of YPO. You are eligible to join WPO if you graduated from YPO or if you left YPO in good standing and were a member for at least three years .
Old Promo Video:
- http://www.ypo.org/
- http://en.wikipedia.org/wiki/Young_Presidents'_Organization
- http://www.youtube.com/YPOvideo
- http://www.wpo.org/
The Young Presidents’ Organization is a global network of young chief executives. With approximately 18,000 members in more than 100 countries, YPO and its graduate organization, WPO (World Presidents’ Organization) share a founding mission: Better Leaders Through Education and Idea Exchange.
YPO Membership:
Age: A new member application must be approved by Young Presidents’ Organization International before the applicant reaches their forty-fifth (45th) birthday. Exceptions may be made for new Chapters only.
Title: President, Chairman of the Board, Chief Executive Officer, Managing Director, Managing Partner or Publisher, or equivalent of any of the above
Corporation Complexity: Qualifying Corporation: An applicant must be qualified, in addition to age and title, by rules of corporate complexity established by the YPO Board of Directors. The candidate must meet one requirement from each category below; this means they must meet at least one “A” requirement AND one “B” requirement.
“A” Requirements
Requirement #1 The candidate must have at least 50 regular, full-time employees or the equivalent under their control. Persons engaged on a commission basis rather than straight salary are considered employees if they are permanently connected with the corporation and receive their principal livelihood therefrom. Seasonal employees are not included in YPO’s employee definition.
OR
Requirement #2 The total compensation of all employees, excluding the compensation of the candidate, must exceed US$1,000,000.
“B” Requirements
Requirement #1 The corporation must meet dollar volume requirements based on the type of corporation, as follows:
- Sales/Services/Manufacturing corporations must have at least US$8,000,000 in gross annual sales or turnover.
- Financial institutions must have average annual assets of at least US$160,000,000.
- Agency-type businesses must have annual fees or commissions billed of at least US$6,000,000.
Requirement #2 The corporation must have an enterprise value of US$10,000,000 as defined by one of the following:
- Net worth of assets before depreciation of US$10,000,000.
- Independent third-party investment/valuation of US$10,000,000.
- The sum of the company’s public equity value plus its debt less cash must equal US$10,000,000.
WPO:
WPO (World Presidents’ Organization) is a global organization of more than 4,600 business leaders who are or have been chief executive officers of major companies and who are “graduates” of YPO (Young Presidents’ Organization).
World Presidents' Organization Membership:
To qualify for WPO membership, you must have been a member of YPO. You are eligible to join WPO if you graduated from YPO or if you left YPO in good standing and were a member for at least three years .
Old Promo Video:
Curtis Jackson could teach even Harvard MBAs a thing or two about Business! Who dat? 50 Cent! Shrewd / Smart Investor & Entrepreneur! Apart from being a Rapper.
Glaceau "Formula 50" Vitamin Water Deal ---> Coca Cola bought Glaceau for USD. 4.1 Billion and 50 Cent made more than USD. 100 million, as one of the original investors! Here, in the video, he talks of "Conscious Capitalism or Capitalism with a Conscience!" ---> CSR. Awesome!
"The 50th Law" - Book by 50 Cent (rapper) & Robert Greene. (Ten Strategies For Fearlessness)
From the link: http://en.wikipedia.org/wiki/The_50th_LawThe central theme of the book is fearlessness. The back cover says nihil timendum est, meaning nothing is frightening. Each of the 10 chapters in the book explains a factor of fearlessness and begins by telling how Fifty learned this Fearless Philosophy in Southside Queens.
According to Greene, 50 Cent is an example of what Machiavelli called a New Prince, a leader who emerges in a time of chaos or turmoil and rewrites the rules.
According to 50 Cent, Greene's books describe the laws and strategies used by hustlers on the street, even if they might not know the "technical terms" for what they were doing.
Ten Strategies For Fearlessness:
- See Things For What They Are (Intense Realism)
- Make Everything Your Own (Self-Reliance)
- Turn Shit Into Sugar (Opportunism)
- Keep Moving (Calculated Momentum)
- Know When To Be Bad (Aggression)
- Lead From The Front (Authority)
- Know Your Environment From The Inside Out (Connection)
- Respect The Process (Mastery)
- Push Beyond Your Limits (Self-Belief)
- Confront Your Mortality (The Sublime)
Interview by the authors (50 Cent & Robert Greene) with CNBC about the book:
The 33 Strategies of War - By Robert Greene (Remember: Strategy = Strategia = Art of War / Office of war chief !) And Psychology is a HUGE part of warfare!
From the link: http://en.wikipedia.org/wiki/The_33_Strategies_of_War
A "guide to the social game of everyday life informed by the military principles in war." It is composed of discussions and examples on offensive and defensive strategies from a wide variety of people and conditions such as Napoleon Bonaparte, Lawrence of Arabia, Alexander the Great, and the Tet Offensive.
There are five parts: Self-Directed Warfare, Organizational (Team) Warfare, Defensive Warfare, Offensive Warfare and Unconventional (Dirty) Warfare. Each part contains a differing number of strategies.
Audiobook:
Interview with Robert Greene (Author):
A "guide to the social game of everyday life informed by the military principles in war." It is composed of discussions and examples on offensive and defensive strategies from a wide variety of people and conditions such as Napoleon Bonaparte, Lawrence of Arabia, Alexander the Great, and the Tet Offensive.There are five parts: Self-Directed Warfare, Organizational (Team) Warfare, Defensive Warfare, Offensive Warfare and Unconventional (Dirty) Warfare. Each part contains a differing number of strategies.
STRATEGY ---> is a plan of action designed to achieve a vision. It derives from the Greek "στρατηγία" (Strategia) -> "Office of General, Command, Generalship".
Audiobook:
Interview with Robert Greene (Author):
Boiler Room (Trailer) ---> A must watch movie for MBA students (especially Finance) to fight fraud. ---> A Story About a Brokerage Firm Selling Stocks for Companies That Did Not Exist.
Speech by Ben Affleck's character in Boiler Room:
Cold Calling Scene in the movie "Boiler Room" ---> http://youtu.be/qhmZSHOCOCw
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