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Career Planning By Marc Andreessen SummaryPresentation Transcript
Career Planning by Marc Andreessen http://blog.pmarca.com/2007/09/the-pmarca-gu-1.html http://blog.pmarca.com/2007/10/the-pmarca-guid.html http://blog.pmarca.com/2007/10/the-pmarca-gu-1.html Summary by Jeff McNeill [email_address] http://jeffmcneill.com 2008, 2009
Graduating from school is only first step in developing portfolio of useful skills
Become a double or triple threat
Become top 25% in two or more areas
Easier to do and more rare/valuable
Combining different kinds of degrees can create double-threat
Double major in different fields
Different grad and undergrad
Develop Five Key Skills
"by doing, by practicing, by taking classes... and by reading a lot"
Learn Management from a great manager
Learn Sales by selling
Learn Finance from books
Get on-the-ground International experience in other countries
What Industry to be in
Industry where founders are still alive
This will have growth, change, flux
Or a very old industry in which there is an opportunity to change everything
Get to the center of the industry
Which company to work for
Which city to live in
If not biggest or most powerful industry or company or city, one with the most change
Which Company to choose
Develop skills in high-growth company
Get to do lots of stuff
Probably get promoted quickly
High-energy, rapidly-changing, sharp people, high expectations
Then startup to put them to work
"Learn everything you can about the business and the industry in which you find yourself"
Time to Challenge Yourself
In my opinion, it's now critically important to get into the real world and really challenge yourself -- expose yourself to risk -- put yourself in situations where you will succeed or fail by your own decisions and actions, and where that success or failure will be highly visible.
By failure I don't mean getting a B or even a C , but rather: having your boss yell at you in front of your peers for screwing up a project, launching a product and seeing it tank, being unable to meet a ship date, missing a critical piece of information in a financial report, or getting fired.
Why? If you're going to be a high achiever, you're going to be in lots of situations where you're going to be quickly making decisions in the presence of incomplete or incorrect information, under intense time pressure, and often under intense political pressure .
You're going to screw up -- frequently -- and the screwups will have serious consequences, and you'll feel incredibly stupid every time. It can't faze you -- you have to be able to just get right back up and keep on going.
That may be the most valuable skill you can ever learn. Make sure you start learning it early.