Top 10 things more valuable than post graduate studies

I teach marketing part time at Melbourne University, and many students come and ask me about what they should do in their post graduate studies. I tell them that post graduate studies are useless unless you want to be an academic or scientist. So here’s a top 10 list of things to do instead of post graduate studies which will make you more learned, more employable and a better entrepreneur:

  1. Learn a language (Mandarin or Spanish would be my recommendation)
  2. Start a blog (on the area you want to be an expert in)
  3. Master the art of public speaking
  4. Make your home Eco friendly
  5. Mentor someone
  6. Read one non fiction book per month on a new topic
  7. Learn a musical instrument
  8. Learn to grow food
  9. Renovate something (car, dinning setting, local park, house, tree house, anhything that can be renovated)
  10. Do a part time startup business.

The reason suggestions are more valuable than post graduate studies is that they create wide perspective, most post graduate studies narrow perspective. We are entering the age of symphony, where the real value in life and business is created by our ability to make commercial music from seemingly unrelated topics and ideas. Broadening your horizons will make you a better conductor of the symphony, or at very least give you some very interesting stories to share with those you want to do projects with.

Add your better than more ‘formal’ studies idea in the comments.

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You’re already an expert!

This is a guest post by Jared Shay, who recently decided being employed was for chumps and started walking his own path. He blogs with his brother Xavier about personal development and being awesome at two-shay.com.

The advice “everyone has something of value to give” used to crop up all the time in my morning feeds,  and it used to annoy the hell out of me. It was easy for all those successful internet folks to say it, they were travelling the world with nothing but a back pack and a laptop, or working with people who were at the top of their fields. It was obvious what their value to give was. What could I possibly do that would compare to that? I was always trying to think of that one big idea to set me apart. If I could find that, I’d have it made. I couldn’t find it though. It was my white whale.

You know who else had a white whale? Captain Ahab. His white whale was called Moby Dick and it bit one of his legs clean off. He spent years chasing after the thing so he could get his revenge. Eventually he caught up to big MD and decided to go toe-to-fin with it. Predictably the whale smoked him, and whilst he did get a few good hits in the whole thing makes you wonder—maybe Ahab’s obsession with finding that one big thing just wasn’t worth it. I got lucky. That could’ve been me—dragged into a watery grave by a whale. I realised I didn’t need to find that one big idea, I just needed to take stock of the life I had already and take notice of the things that I spend every second of every day either doing or thinking about doing. Things that I’d been doing so long they had become routine and boring to me, but were totally interesting to other people. As soon as I discovered this I realised why it was so easy for those annoying successful people. They didn’t start travelling the world or turning themselves into experts just to get readers or sell products—that’s just who they were already.

Let’s suppose Captain Ahab was alive today and he decided to forgive and forget all that whale business. He lead a pretty darn interesting life: He grew up as an orphan, began sailing at age eighteen, got a leg bitten off by a whale and in in forty years spent less than three on land. Now just try and tell me that if he started a blog that you wouldn’t want to read it, or that he couldn’t package together an international sailing guide, or fill a venue on a public speaking tour. He wouldn’t need to go out and find interesting things to do. Just from living his life he’d have all the material he’d ever need.

My life resume might not be quite as impressive but it still has plenty of things I can use to provide value to other people. I’m a musician who teaches and performs regularly, a huge personal development geek, and I exercise everyday. I’ve been cooking and eating vegetarian and vegan food for years. I got through a computer science degree without a computer, can juggle, have tutored maths, and have watched more professional Starcraft than just about anyone outside of South Korea. I’ve been doing most of these things my whole life, and that pretty much makes me an expert by default. Doesn’t mean I’m the best, but it does mean I can provide something of value to others.

I stopped looking for big ideas and starting using what I already had. I’d already done the hard work. I started blogging about personal development because I’ve spent years reading and practicing it; I began teaching drums because I’ve played the instrument my whole life; I help people learn to cook vegan food because that’s how I live. One out of these three is already profitable. These aren’t new or innovative ideas, but they’re backed with solid life experience.

Everyone’s lives are filled with things they can use to provide value to others. You don’t have to be the best, you only need to get out there and start sharing what you’ve got, even if you can’t immediately see where it’s going to lead.

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Self taught

With the exceptions of reading and writing, all of the most important things I know (and can do for that matter) have been 100% self taught.

Marketing, Public speaking, Entrepreneurship, Motivating others, Creative writing, Financial Investing, Surfing, Gardening / Growing vegetables, Weight training, Riding a bicycle…. everything.

I think the best way to learn is by paying attention and being curious. Which always leads me to observing others, reading and getting out there and having a go at things.

Observe, Read, Try. Repeat.

That’s it. I find that when the desire is there, the rest comes easy. Which is why I’ve always done much better at everything outside of my schooling. Things for which I had real desire. The unfortunate thing about this ingredient, is that it is removed from most of the development & selection programs in modern society. Instead, we say ‘Rote learn this’, then we might let you do something you care about. One great example is that Architecture University studies require physics as a prerequisite, and yet Architecture studies don’t involve physics, and architects never do the engineering function in building.

Startup blog advice: Don’t let a terrible system, reduce belief in your own capabilities. The stuff that kept you out, you didn’t really care about anyway. It was a rule built by someone else to protect themselves. If you forge ahead and teach yourself, the right people will notice. They will come searching for you because they understand not just the importance of what your know, but the value of how you went about learning it.

We only have one

There is no career, only life.

If we think of our life and career as separate entities, we’ve  got things terribly wrong. They are inextricably linked. If we want to be happy, we need to make sure what we spend our days doing is how we want our life to be.

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You’re in good company

This blog is an example of compound effort. Yes, just like interest, effort compounds too. In the 4 years I’ve been writing it every month the readership has increased. With no real marketing of the blog. Just good solid writing, be open and honest, sharing insights, and letting the wondrous SEO of wordpress do the rest on Google for me. A few things worth considering if you’re into blogging and want to build an audience.

  • I have written 1 blog entry for every day this blog has been live. Consistency and frequency matter.
  • Every entry is on the same topic. Startups and Entrepreneurship. I stay focused by having one of these two words in every entry.
  • I love the topic my blog is about. I find it fascinating and would still write it if nobody was reading.
  • 70% of my traffic is Long Tail, which means that every entry increases my total traffic flow.
  • It taught me more about digital media and the internet that anything else I have done.

Of all things I have done in my career writing this blog has generated the most value. It has documented my thoughts, improved my thinking, built discipline, created a reputation, generated media coverage for rentoid, launched me as a business journalist in other business magazines, it places me number 1 in Google searches for the term startup blog in every country in the world and has built friendships and helped others.

If you read this blog regularly you are among 70,000 other people every month. So you’re in good company. Thanks for reading.

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Quit your job

You should really quit your job on Monday. Yes tomorrow today . If you are working for a salary or wages  and have no equity in the business that is.

And here’s why:

You are living someone else’s dream.

You are exchanging the days of your life to build the vision of someone else. You are not doing what you dreamed about as a child.

The reality is this: once you have a place to live and food to eat, the rest is ego. Chances are you are working in a job just to feed your ego. I know because I was this person for more than 10 years. I had jobs I didn’t like – high paying ones, to buy things I didn’t need, to impress people I didn’t care for. It’s a pointless treadmill which the government encourages to maximise consumption, generate higher tax rates and PAYE deductions and enforce control through a passive education process which says consumption equals success. We must remove this idea of the power structure from our minds and remind ourselves that real wealth is defined by the cool stuff we are doing, rather than the stuff we buy.

Quite your job, de-gear your life and do something  of value. To further encourage this process I’ll leave you with one final thought I tweeted a while ago:

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Cheers, Steve

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