If you could earn an MBA from world renowned universities and build a network to rival those of business schools graduates for less than $1,000, would you take the opportunity? If I told you someone is already doing that today, would you believe me?
Well Laurie Pickard is doing that while working for USAID in Kigali, Rwanda. As long as she has internet access, she is good to go. The beauty of Laurie’s plan is not only will she earn an MBA without going into debt but she is also sharing her progress and plan with everyone on her website, No Pay MBA.
Since she started, Laurie has gained worldwide attention from Fortune, The Wall Street Journal, and Bloomberg Business. So far Laurie has completed 25 business courses and doesn’t seem to be hanging it up anytime soon.
I get excited about this because it gives us, project managers, a way to improve our business IQ with little to no opportunity cost. I have realized in my career, if I want to grow and take that next step, I have to become a smarter businessman and leader. I worry though how much it will cost. So when I came across No Pay MBA, it gave me hope and provided an innovative new way to look at business education.
All the projects we will ever lead are driven by strategic objectives that are hopefully driven by sound and justified business decisions. Instead of accepting the business case and hoping it is backed by the board, what if we were on the other side of that decision? If you want to make that next step in your career, it is paramount to learn and develop strong business skills.
To do that, most of us think an MBA is required but I am guessing most everyone on this site doesn’t have the time to attend a full-time MBA program, let alone an executive MBA program. This is why I think Laurie’s plan is so brilliant. Now it does take more work. To gain credibility in the eyes of CEOs who attended traditional business schools, you may have to complete twice as many classes as traditional students but I think we all know the key ingredient in finding success is the network you build. The No Pay MBA program is built on Massive Open Online Courses (MOOC) which usually includes students from all over the globe. For next to nothing, you are immediately exposed to professors from world class universities like Harvard, Yale, University of Pennsylvania, and Stanford as well as a global network with common interests.
As long as you have internet access, you have the opportunity to earn a world class MBA education and create a global network. What do you say? Are you up for the challenge?
Tim Ferriss, the author of all these books, now has a blog and podcast online titled,
I recently discovered Tim's blog and have found all of his posts fascinating. Just check out a few of these titles and try not to click on them, seriously I dare you:
I wanted to share Tim's blog with you because I think he represents a new way of thinking.
When I earned my PMP, I thought all I had to do was follow the PMBoK word-for-word and everything would take care of itself. Now I realize the PMBoK is simply a tool in my larger toolkit. To grow in my career and succeed as a project management leader, I have to develop other skills that enable me to adapt to whatever situation I may encounter throughout the world.
We keep hearing the conversation about developing more skills and abilities in business and trying to be more innovative but where do we learn those skills? There are of course hundreds if not thousands of resources available on the internet but I find resources like Tim's Ferriss' blog to be some of the best because they quickly take us away from our usual way of thinking and require us to feel a little uncomfortable. At the end of the day though, we realize how much stronger and smarter we have become thanks to folks like Tim.
So if you haven't done so already, click on one of the titles above and let me know what you think.
Thank you again for sharing this moment.
Hello, since this is my first post in the ProjectManagement.com community, I just wanted to take a few minutes to set the table for what I hope will be a long and enjoyable conversation. The goal of "PM Nerd" is to explore all the different ways project managers can learn, grow, and evolve.
I love reading a good project management or leadership book just like the next person but to be completely honest, sometimes I want to read something outside of project management. Recently I finished reading Moby Dick by Herman Melville and started to wonder, how it could help me grow and improve in my profession. Just like professional athletes, I have to look for new ways to strengthen my mind and body, otherwise my muscles will figure out how to yield the least amount of energy in order to achieve the same results.
So again that is the goal of "PM Nerd" to explore new forms of learning and share what I find with as many project managers as possible. Hopefully as this blog grows, you will discover something novel or a new website that will satisfy your curiosity.
Thanks for stopping by and sharing this moment. I look forward to sharing many cups of coffee with you in the near future.