Tuesday, July 7, 2009

Eloquently put

I have been trying to finish reading Ahead of the Curve since last August, and this eloquent little piece by the author has re-inspired me to complete the effort. My favorite quote?

"I came to ignore what was most important to me: that I should be valued for what I produced, not for how many hours I spent in an office or how well I got along with a boss."

Cheers and happy reading.


Published on www.businessweek.com
Viewpoint June 30, 2009, 12:25PM EST
The Road from Business School, Less Traveled
A Harvard MBA who graduated without a job in 2006 finds it more a blessing than a curse

By Philip Delves Broughton

I've been reading lately about the plight of the MBA Class of 2009. Many are coming out of school with changed expectations and having to hustle to find work, any work, to pay off those loans and get their careers moving. The supposedly easy, lucrative jobs aren't there anymore, so they are being forced to make choices. What do they really want to spend their time on? What offers the best chance of making a buck? How do they discover their true value in the marketplace?

I know this is no fun, because I found myself in a very similar position in 2006, after graduating from Harvard Business School (Harvard Full-Time MBA Profile) with no job. What I'm about to say is not advice, because I'm in no position to give it. It's just an account of my own experience that may or may not resonate.

My problems when I graduated were not linked to the job market, which was still booming. Most in my year had several job offers. My problems were with myself and my own rather self-indulgent approach to a career. I coveted the financial rewards supposedly due an MBA, but couldn't face doing the work. I went through the mill of interviews with famous firms, but I was noncommittal, and it showed.

It's About What You Produce

I remember playing soccer and rugby as a boy and coaches saying the only way not to get hurt was to fully commit. To hurl yourself at an attacking winger's churning legs in a rugby tackle, to go hard for the soccer ball. If you flinched, you would get a knee in the eye or a boot in the face.

I got banged up in the business school marketplace by not committing.

And yet when I looked back to why I had gone in the first place, it wasn't to get a big job. It was to have control over my time and my financial destiny. But somehow, in the process of getting my MBA, I had become distracted. I started to want what everyone else wanted and began to hold my own deeper desires in contempt.

I came to ignore what was most important to me: that I should be valued for what I produced, not for how many hours I spent in an office or how well I got along with a boss.

I wanted to be rewarded for my uniqueness, not for my ability to conform.

But it's hard to hold onto that vision when you're under pressure, when everyone around you says that with your background and qualifications, you should be doing a certain kind of work, when you have bills to pay and friends and family who unwittingly burden you with their own expectations.

I remember the summer after graduation talking to a friend who had graduated from Yale's architecture school. I asked her, what do I do? She told me to go back to doing something I knew I was good at.

Beginnings of a Book

When she had come out of Yale, most of her peers had taken jobs with big, famous architectural firms. She knew she didn't want to do that, and flailed for a while. To make some cash, she went back to her old job, working for an interior designer, managing multimillion-dollar renovations. It had little to do with high-concept architecture. But it was hands-on, she was great at it, and she was well paid. It felt good, she said, to be reminded of her value. And after a few months, she had the confidence to start her own small architectural practice, which now earns her a living.

So I took her advice and went back to writing. I would take the subway every morning up to the Avery Art and Architecture Library at Columbia University, which offered free Wi-Fi and air conditioning, and contacted my old journalist friends. They were happy to throw me some work, a few hundred bucks here and there, enough to cover health insurance at least. And I began writing the proposal for a book about Harvard Business School, which became Ahead of the Curve.

I wrote quickly, because I needed to make some money. I hustled in a way I had never had to with a full-time job on a newspaper, which I'd had before.

The advantage I had in writing my book proposal was that I had stirred the interest of a literary agent. During the summer between my two years at HBS, I had spent three months writing a novel. It was an odd thing for an MBA student to do. I should have been doing an internship somewhere. But as I said, I wasn't committing. And I really wanted to write this novel. I had begun it while living in France and had a storage box full of notes and research. So finally, I took the time and did it. And when I'd finished it, I sent it out to a bunch of agents and publishers. And waited.

And waited.

And waited.

All said no, except one. Or rather the assistant of one, whose job it was to read these unsolicited submissions. She liked it and passed it to the agent, who finally e-mailed me months later, on a rainy Saturday afternoon, to say she was enjoying my book and that I should get in touch next time I was in New York. It was much more exciting for me than my second-year MBA job search.

I met the agent for lunch and she told me that first novels were impossible to sell and that if I ever had a nonfiction idea, I should get in touch.

A Strain on the Family

It was disappointing about the novel, but after graduation, I sent her my proposal for a book about getting my MBA. She liked it and set about selling it. Five months after leaving HBS, I had a publishing deal. Five months after that, I received the first installment of an advance.

In the meantime, I made a living writing, raising sponsorship money for a PBS documentary and consulting for an online news service.

It wasn't easy for my family. Even those closest to me wondered what I was doing, why I had walked past the rewards a Harvard MBA was supposed to offer.

But each time I made a dollar in this ramshackle, chaotic way, that was unique to me; I was excited in a way I never was when I received a monthly paycheck.

Each week that passed in which I managed to pay the bills was a triumph. Some weeks were better than others. But over time, I felt more confident about living a life like this, pursuing work I enjoyed, somehow making ends meet.

Insecurity and freedom are not that far from each other. Some days I felt the former so strongly I would start looking for salaried employment. Others, I felt the freedom and knew I wanted nothing else. There were days when I'd be in a library at 11 in the morning, writing or researching and feeling extraordinarily happy. Other days, I was worried sick about money and the future. Every day I didn't have a regular job was both a commitment to a freer life and a rejection of what most people regard as security.

It still feels that way, though with a little success, the whipsaw between the two becomes milder.

There was a professor at Harvard Business School called Joseph Lassiter who gave us some great advice on entrepreneurship. He said that it wasn't a choice of career, but a choice of life, and you needed to think about setting your whole life up to give yourself even a shot at succeeding.

Your professional life would be volatile, so put yourself in a place where your personal life would be stable. Don't move to San Francisco for the hell of it if you don't know anyone there. Go somewhere where you are trusted. Where you have friends and family to vouch for you. Where you'll have a sympathetic bank manager. Go home if you have to.

Explain what you are doing to the people who are most important to you. Tell them not just what you're doing, but why you're doing it. Why it's important to you to do this kind of work. Why you are ready to take these risks. Don't assume everyone will understand when you take a less conventional path.

You want the reward of fulfilling work, work which is expressive of who you are. Work that rewards your uniqueness, not your ability to conform. Explain this to yourself and to others. Write it down.

A Letter to Myself

Before I left my job as Paris correspondent for The Daily Telegraph to go to HBS, I wrote myself a letter explaining why I was making this decision. I did it because I knew there would be moments when I would question what I was doing. It was useful to have on paper the feelings and rationale that drove me to do what I did. I referred to it a lot.

The other thing, which sounds so obvious, is to do something you know about. An academic study of successful new ventures conducted in 2000 showed that 71% "replicated or modified an idea encountered through previous employment," 20% were "discovered serendipitously," and just 4% arose from the "systematic search for business opportunities." The same study found that 41% of these ventures had no business plan, 26% had a rudimentary plan, and 28% had a formal plan.

The lesson from this is that it's not the plan or the search for opportunity, the things most business schools teach, that leads to success.

It's an ability to improve on what you can do already and then execute.

Everyone knows what they're best at, but often they think it's of no value. I felt like that when I graduated from HBS, and I was wrong. It took a while to straighten myself out.

Whenever you take a risk in life, whether anticipated or not, the audience around you seems to be shouting two things. One half is screaming "don't." The other is shouting "live the dream," "do what you love." Neither is being very helpful.

Paralyzing fear and blind optimism aren't the only alternatives. There is a route through the middle that recognizes that with risk comes reward, that insecurity is uncomfortable—but then, so is going to the office on someone else's behalf. There's no universal answer here, just a personal route to navigating between these two feelings, which can only be found by setting sail in the first place.

Tragedy Is a Motivator

The trigger for taking this route is not always desirable. Not everyone who ends up an entrepreneur wanted to be one. Many found they had no choice. Perhaps they came out of an MBA program in 2009 without a job. Or they could not sleep at night working for someone else. Or they were desperate to succeed on a far greater scale than their peers. Motivations can be dark, but that's O.K.

What is important is that once the trigger has been pulled, what do you do?

It's a fact that people often wake up to the most significant facts about life at moments of tragedy. When a close friend, a sibling, or a parent dies, you suddenly realize that you want your own life to really count. You want to spend your time on your own terms, with the people you love, doing the work you enjoy. The greatest fear becomes the prospect of getting to the end and thinking, well, that was a waste.

For me, the tragedy occurred on September 11, 2001. I reported from Lower Manhattan that day and saw the towers fall from much too close. I remember looking up and seeing the bodies pinwheel through the air from the upper floors as people leapt to escape the heat. In the days that followed, I could not help selfishly thinking, what if that were me? What if everything were to end for me like that, without the slightest warning—would I be happy with the life I had led?

It may sound ludicrous to link my own journey through business school and back to writing to such a monumental event. But when I think about it, that was my trigger. The moment at which my motivations and ambitions changed for good. Letting them guide me has not always been easy. But it has been better than trying to deny them.

Philip Delves Broughton, the former Paris bureau chief for Britian's Daily Telegraph, graduated from Harvard Business School in 2006. His account of his time there, Ahead of the Curve: Two Years at Harvard Business School (Penguin Press, 2008), is out in paperback this week.

Monday, June 15, 2009

Suddenly Free of Fear...

...fear of commitment, that is. Reporting live is one brand new kitty-momma. He is an absolutely adorable white/silver kitty with blue eyes (we'll see how his fur and eyes change color over time). After several hours of thinking about names, I've come up with Skylar (or skyLar): "learned one". Any thoughts / affirmations / objections?

And here's the visual:

Big shoes to fill with that name, for such a small little kitty. But I'm sure he can handle it.

UPDATE: Not only do I have cute lil' Skylar now, I'm also adopting his sister Emi (shown in this photo as well). Two cuddly kittens that can now play together when I'm away at work. Perfect!

Thursday, June 11, 2009

Wistful thinking

You know what I'll miss next year? Today's word-bomb:

Emolument: n. (formal or rhetorical) profit made from being employed; fee or salary.

That's why it's absolutely imperative that I wring every last bit of gratification and edification from the experience.

So here are some book ideas (for grown-ups) that could go along with furthering that goal:
  • Austin's Eco-Culture: The Rise, the Reason and the Reproducibility (would require a lot of interviews of locals, which would be a great way to meet people)
  • How to Survive for One Year without Spending Money or Mooching: Tapping Social Networks and Being Resourceful in General (semi-autobiography, semi-humor)
  • Achievable Utopia: Blueprint to an Enlightened and Efficient City (this could go hand in hand with the graduate studies in city planning; this could also be combined in some way with the Austin's Eco-Culture subject)
  • Traveling on a Shoestring: Budget-Smart Ways to See the Seven Continents (to be learned from real-life lessons; the challenge would be Antarctica, but if global warming continues apace... otherwise maybe should change "the Seven Continents" to "the World")
Hmmm maybe I'll get started on one of these right now...

Wednesday, June 10, 2009

Lucky #3

Here's another one:

Discursive: adj. wandering from one point to another

How apropos :)

Bonus Word-Bomb

I really like this one:

Jocose: adj. humorous; playful

Sidereal

I thought I'd start with the word-bomb today. No doubt this word will come in handy when marketing those psychic readings...

Sidereal: adj. of the stars or measured by them.

So after spending hours tossing and turning last night, I decided as I finally drifted off that I would press the "restart" button, try to stay at my company and be their NYC presence for the next year or more. I could move back to the bustling city, restart my Equinox membership (and Dance! with Tootsie!) and be closer to people I care about.

The turmoil prior to reaching this conclusion was in part a reaction to a conversation with my current jefes and hearing how flexible they were willing to be about my future role with the company, if I wanted for there to be a future role. It was also driven in large part by the depressing median salary figures for the fields I'm interested in (City & Urban Planning, and perhaps public administration and public policy more generally). The thought of spending 3 years virtually salary-free, and then graduating to make less than half of what I currently earn was somewhat less than reassuring.

Then I popped out of bed this morning, shook out the cobwebs, and incredulously asked myself, "Girl, are you CRAZY??"

I don't know at what point grad school and public-service-right-here-right-now got shifted up to #1 on my priority list, but it shouldn't be there. Somewhere along the line, I must have forgotten that full-time grad school and near-term public service comprise Plan B.

Contrast this with Plan A: To take a year off to be a life student and write a book or two. Meanwhile, perhaps work part-time, get to know the city, and hopefully find a meaningful, interesting and sustainable job without having to go back to school, or at most, going back to school part-time.

So although planning for contingency Plan B (e.g., taking the GRE, applying to grad school) will precede the execution of Plan A, sL's gotta stay focused on making Plan A happen.

Tuesday, June 9, 2009

Dilemma-rama

I am so indecisive - please just tell me what I should do!!! Austin or NYC or San Diego or international? Quit job or continue to work part-time? MBA or Master of Public Affairs or Master of Science in Community and Urban Planning or none of the above? I'm going crazy with indecisiveness!!!!!!!!

Please help :-( Suddenly hit a wall tonight in the liberation planning process.

p.s. I'm serious. suddenlyliberated@gmail.com gets forwarded directly to my real personal email. Would immensely appreciate your feedback. Danke schön!

p.p.s. Today's Word-bomb:
Utopia, since this is clearly what I'm looking for!

p.p.p.s. Today's Real Word-bomb:
Execrate: To declare to be evil or detestable:denounce

Anneal

Oops, almost forgot to drop today's word-bomb:

Anneal: v. make tough by cooling slowly after heating

Discovered through this addictive game: http://www.flashbynight.com/GRE/

(Yes, I'm still a dork.)

Good night!

Sudden Insight: Full-Time Extra-curriculars?

From the time I was in high school till I was about 25 y.o., I was absolutely passionate about my extra-curricular activities and "eh" about my classes / work.

For example, it is both one of my life's great shames and one of my life's best decisions that I failed out of my after-school advanced math geek-a-rama course in 10th grade due to 1) Subway sandwiches and 2) cheerleading practice and games. Sure, I had to retake calculus later on in my junior year, but I also was able to develop teamwork, creativity and high-kick skills that have been instrumental to other pursuits post-high school.

In college, I'd skip out on professors' office hours to keep a near-perfect attendance record for TKD practice. I would also scrimp on my Govy class readings in order to spend time conveying new Chinese dance choreography via text-only email to my fellow dancerinas. And I drove over to a local elementary school to read books to an ESL 1st-grader more regularly than I attended my Econ class group study sessions.

Later when living in the suburbs of Boston and chillin' with a 9-5er, I'd make the trek into Chinatown multiple times a week in order to learn, teach and perform Chinese dance at a bona fide Chinese dance academy.

During the days of pre-Corporate Slavery NYC, I would opt to return to the office multiple times a week to start work again at 10PM, after getting an invigorating dose of Tootsie's best stream-of-consciousness choreography. "Don't think!" she'd insist during class, and encourage us instead to trust our instincts and accumulated skills.

The reason why this "year of liberation" appeals to me so much is because it basically allows me to focus fully on these "extra-curriculars" that have been so sorely overlooked in the last four years. And tonight, I suddenly realized - why the heck can't I find a way to base my career on all these activities and means of expression that I love? Sure, there's a chance that once I "have" to do something, I'll start resenting it. But I'll never know unless I give it a whirl.

So that's all for tonight. Just wanted to share this sudden flash of insight and luxuriate in nostalgia for a bit. Life was so full back then, and I really miss that feeling. (And in case you're curious, no, WINKIE hasn't done a very good job at filling the void.)