A discussion with my step daughter this afternoon
prompted me to find this article.
Myth of the Well-Educated Manager
I wanted to share it with you guys.
As I have always known “Formal education makes you
a living, if you become self-educated you create a
fortune” JIM ROHN
The #1 reason many cannot make it as an entrepreneur
is the fact their formal education holds them back because
it creates a sense of entitlement.
Nothing Can Replace Persistence
â€œNothing in the world can take the place of persistence.
Talent will not; nothing is more common than unsuccessful
men with talent. Genius will not; unrewarded genius is almost
a proverb. Education will not; the world is full of educated
derelicts. Persistence and determination alone are omnipotent.â€
â€“ Calvin Coolidge
HERE IS THE ARTICLE:
Myth of the Well-Educated Manager
by J. Sterling Livingston
Havard Business Review
How effectively a manager will perform on
the job cannot be predicted by the number
of degrees he holds, the grades he receives
in school, or the formal management education
programs he attends. Academic achievement is
not a valid yardstick to use in measuring managerial
potential or success in any occupation. Indeed, if
academic achievement is equated with success in
business, the well-educated manager is a myth.
Managers are not taught in formal education
programs what they most need to know to build
successful careers in management. Unless they
acquire through their own experience the knowledge
and skills that are vital to their effectiveness, they are
not likely to advance far up the organizational ladder.
Those who have effective communication and people skills
are ultimately the ones that advance. It has been
said that most A students find themselves working for C
students and our research concurs.
While effective managers are valuable to an organization,
the world pays for leadership. Leadership is the highest
paid profession in the world.
Although an implicit objective of all formal management
education is to assist managers to learn from their own
experience, much management education is, in fact,
miseducation because it arrests or distorts the ability of
managerial aspirants to grow as they gain experience.
Fast learners in the classroom often, therefore, become
slow learners in the executive suite because they are not
effective communicators and believe their formal education
entitles them to career advancement opportunities.
Men who hold advanced degrees in management are
among the most sought after of all university graduates.
Measured in terms of starting salaries, they are among the
elite. Perhaps no further proof of the value of management
education is needed. Being highly educated pays in business,
but only initially.
But how much formal education contributes to a managerâ€™s
effectiveness and to his subsequent career progress is
The numbers show this simply does not happen.
Professor Lewis B. Ward of the Harvard Business
School has found that the median salaries of graduates
of that institutionâ€™s MBA program plateau approximately
15 years after they enter business and, on the average,
do not increase significantly thereafter.1 While the incomes
of those with a general degree continues to rise dramatically,
the career growth of most of them levels off just at the time
men who are destined for top management typically show
their greatest rate of advancement proving the thought that
people rise to their highest level of incompetence.
(The Peter Principal)
Equally revealing is the finding that men who attend
Harvardâ€™s Advanced. Management Program (AMP) after
having had approximately 15 years of business experience,
but whoâ€”for the most partâ€”have had no formal education
in management, earn almost a third more, on the average,
than those who hold MBA degrees from Harvard and
other leading business schools.
Thus the arrested career progress of MBA degree
holders strongly suggests that men who get to the
top in management have developed skills that are
not taught in formal management education programs
and may be difficult for many highly educated
men to learn on the job. The ability to communicate
effectively and motivate people seem to be at the top
of this list.
Many business organizations are cutting back their
expenditures for management training just at the
time they most need managers who are able to do
those things that will keep them competitive and
But what is taking place is not an irrational exercise
in cost reduction; rather, it is belated recognition by
top management that formal management training and
education is not paying off and cannot replace common
sense, the ability to communicate, and work effectively
A friend of mine sent me this today, and I thougth our
subscribers would like it, I hope you.
I have talked about the concept of Wistful Regret for
many years. Hot regret is decisions we made in the
momenet, we wish we handn’t.
Wistful regret is when people come to the end of their
life and wish they hand taken more changes, not played
it safe. They wish they had had a dream and went after
START OF EMAIL.
On the first day of school our professor introduced himself
and challenged us to get to know someone we didn’t already
know. I stood up to look around when a gentle hand touched
I turned around to find a wrinkled, little old lady beaming
up at me with a smile that lit up her entire being..
She said, ‘Hi handsome. My name is Rose. I’m eighty-seven
years old. Can I give you a hug?’
I laughed and enthusiastically responded, ‘Of course you
may!’ and she gave me a giant squeeze..
‘Why are you in college at such a young, innocent age?’
She jokingly replied, ‘I’m here to meet a rich husband, get
married, and have a couple of kids…’
‘No seriously,’ I asked. I was curious what may have
motivated her to be taking on this challenge at her age.
‘I always dreamed of having a college education and now
I’m getting one!’ she told me.
After class we walked to the student union building and
shared a chocolate milkshake.
We became instant friends. Every day for the next three
months we would leave class together and talk nonstop.
I was always mesmerized listening to this ‘time machine’
as she shared her wisdom and experience with me..
Over the course of the year, Rose became a campus icon
and she easily made friends wherever she went. She loved
to dress up and she revelled in the attention bestowed upon
her from the other students. She was living it up.
At the end of the semester we invited Rose to speak at
our football banquet. I’ll never forget what she taught us.
She was introduced and stepped up to the podium. As she
began to deliver her prepared speech, she dropped her
three by five cards on the floor.
Frustrated and a little embarrassed she leaned into the
microphone and simply said, ‘I’m sorry I’m so jittery. I gave
up beer for Lent and this whiskey is killing me! I’ll never get
my speech back in order so let me just tell you what I know.’
As we laughed she cleared her throat and began, ‘ We do
not stop playing because we are old; we grow old because
we stop playing.
There are only four secrets to staying young, being happy,
and achieving success. You have to laugh and find humour
every day. You’ve got to have a dream. When you lose your
dreams, you die.
We have so many people walking around who are dead and
don’t even know it!
There is a huge difference between growing older and
If you are nineteen years old and lie in bed for one full year
and don’t do one productive thing, you will turn twenty years
old. If I am eighty-seven years old and stay in bed for a year
and never do anything I will turn eighty-eight.
Anybody! Can grow older. That doesn’t take any talent or
ability. The idea is to grow up by always finding opportunity
in change. Have no regrets.
The elderly usually don’t have regrets for what we did, but
rather for things we did not do. The only people who fear
death are those with regrets..’
She concluded her speech by courageously singing ‘The Rose.’
She challenged each of us to study the lyrics and live them out
in our daily lives. At the year’s end Rose finished the college
degree she had begun all those months ago.
One week after graduation Rose died peacefully in her sleep.
Over two thousand college students attended her funeral in
tribute to the wonderful woman who taught by example that
it’s never too late to be all you can possibly be.
When you finish reading this, please send this peaceful word
of advice to your friends and family, they’ll really enjoy it!
These words have been passed along in loving memory of ROSE.
REMEMBER, GROWING OLDER IS MANDATORY. GROWING UP
IS OPTIONAL. We make a Living by what we get. We make
a Life by what we give.
God promises a safe landing, not a calm passage. If God
brings you to it, He will bring you through it.
Pass this message on to 7 people. You will receive a miracle
tomorrow ( if you don’t think so….look out your window when
you wake in the morning and think about it )
If you choose not, then you refuse to bless someone else.
‘Good friends are like stars….. …..You don’t always see t
hem, but you know they are always there.’
I just had an email from a friend, saying this YouTube video was
worth taking a look at:
and it is! It is not earth shattering, but it is inspirational
and the message is based upon the truth and wisdom of
This is what blows my mind.
As most of you knows, YouTube allows you to vote
video’s up or down. Like most of you when I see something
that will inspire people I will vote it UP.
It has to be horrible or an outright lie, for me to ever vote it
down, I would just say nothing, or express nothing, before I
vote a video down.
The video rankings at the time of this writing blew my mind:
1,367 likes, 131 dislikes
It is sad to think that someone is so disgusted with their
own life that they would take the time to dislike anything
up beat and positive.
Worse than that, this poor soul actually made this comment:
this did nothing for me. i was looking for that extra something
i havent heard before and what happened was me already
hearing this before. step it up if it’s really going to be
” Maybe the most insperational video ever”.
Good luck to all who seek insperation but personally, i didnt
with this video. it wasï»¿ to corporate… like i have seen it before
at orientation at any job that i have had.
gsilvacera1680 2 days ago
What a nincompoop!
This guys comments proves that hearing something
and acutally “getting it”, is two different things.
I am shocked at how many people live by the philosophy, if
first I don’t succeed …. FIX THE BLAME QUICK!
Success S T A R T S with personal responsibility for where
you are, good or bad!
You are where you are in life because of what has gone
into your mind, the only way to change where you are is
to change what goes into your mind ZIG ZIGLAR
Your life is the some total of the decisions that YOU
HAVE MADE to live a better life, make BETTER DECISIONS!
Over the past couple of years that have been at least Â½ dozen coffee programs that have started with a lot of fanfare but never gained any real traction. One was even giving away a cappuccino type coffee maker, you just used their coffee.
A network marketing opportunity is always limited to the market potential it has for real, honest to goodness consumers. In other words, what is the market potential for the product outside of those participating in the opportunity?
These distributors are always quick to rattle off the stats on what percent of the population drinks coffee and on and on. On the service it would appear that coffee, a product consumed by a large portion of the population would make a great network marketing product, or would it?
If there is not a realistic expectation of a product capturing market share, you are â€œspitting in the windâ€ as we say in Kentucky.
Here is why coffee programs have never gotten off the ground and maintained any type of momentum. Coffee drinkers are probably the most loyal to their brand as any group of consumers.
Folgers drinkers drink Folgers
Maxwell House drinkers drink Maxwell House
Blue Cloud drinkers drink Blue Cloud
French Plantation drinkers drink French Plantation
and so on and so forth.
To get those outside of the those participating in the business opportunity to change brands is a losing proposition. Some may, but not enough to create any significant market penetration.
I would guess that the majority of people who drink coffee consume it at their place of employment or by ordering at the drive through window at Starbucks, McDonalds or Duncan Donuts. To expect these people to change brands and forgo the convenience of their morning trip through the drive through window is irrational and a terrible business model to try to build upon.
So why specialty coffeeâ€™s, and coffee in general may appear to be a hot product to attempt to build a network marketing company around, none have ever become hotter than luke warm in the past and I can see no logical reason for that to change. So when given the chance to reserve your cup, I would think twice.
The email below prompted this post.
Network Marketers have been taken a play
out of the Internet Marketers Product Launch
playbook. That is well and good, but the real
question is, how do you lead guide, direct and
train people after the launch?
It appears that peopel seem to be jumping
from this launch, to the next and on and on,
instead of getting involved with the right company
at THE RIGHT TIME, and planting themself!
START OF EMAIL
Dear Mr. Calvert
I want to thank you for your newsletter article about six
months ago titled “What happens after the Big Launch?”.
That information saved me from buying into all the Bellamora
crap a few months ago.
I didn’t know if you had seen this are not, so I thought I would
send you the latest.
If you are one of the thousands that fell victim to the company, Bellamora International Group, you may be entitled to a COMPLETE refund or settlementâ€¦â€¦.[FONT=’Verdana’,’sans-serif’]
I am collecting the names of people that are interested in a class action lawsuit. Please email me your contact info and your experience with Bellamora to firstname.lastname@example.org.
Who am I? I am one of the many people that actually went to Florida to look into the eyes of Dr. Miller and be told that Bellamora would last and was well funded. At the time I felt good about it, but I now know he is a fake. It has come to my attention that he is no longer a doctorâ€¦â€¦. He actually had his license taken away (I would rather not get into how or why) from the authorities. I also found out he was not some guru MD like it sounded, rather a chiropractorâ€¦â€¦ He did not retire to Costa Rica, he was run out of town because of bad business deals and because he had taken advantage of so many peopleâ€¦â€¦â€¦ in fear for his safety, he fled the states. It was not hard to find people in the Tampa area to share what they knew about Bruce Miller.
Over the past 45 days, the facts surrounding what is really happening at Bellamora’s corporate office is not completely clear. What IS clear, is that Bellamora has not delivered on most of its promises. Even more disturbing is that Dr. Miller has not delivered on ANY of the promises he made publicly on conference calls.
Has any of this happened to you: [/font][FONT=’Verdana’,’sans-serif’][/font]
[FONT=’Verdana’,’sans-serif’]- Overcharged on your credit card?
– Product never received?
– No answer or return phone call from customer service?
– Website not working?
– Leads and contact management system disappeared?
– Commission checks not delivered?
– Product caused a rash or breakout?
– Product was empty or leaked when received?
– Autoship over a month behind? [/font]
All you ever hear from founder Dr. Bruce Miller is BS about how nothing is his fault?[FONT=’Verdana’,’sans-serif’]
It appears EVERYTHING is Dr Miller’s fault. We have all heard the former executive management team is to blame for all our problemsâ€¦â€¦.. that is ridiculous. I can tell you that Brian McLane and Allison LaMarr returned every phone call and email I put into them. Dr Miller has not returned one of my calls, neither has Bellamora. When I asked the former management team for details of what happened, I was told they would prefer to not comment on it. Even though they did not know who I was, I found that to be a classy move. Dr Miller on the other hand, has called the former management team â€œcrooks, thieves, criminals and hackers.â€ That by itself tells me what kind of guy he is. Everyone on the former management team has had a very successful career in network marketing. You can actually see their history of what they have done and that speaks for itself. Dr Miller is a ghostâ€¦â€¦. No experience at all, yet he has all the answers? I am offended that those individuals are being accused of illegal activity and blamed for the problems that Bellamora is facing and no facts have been presented for that case. I never had most of these problems when the previous team was in place.
Where is this burn cream we have heard so much about? People have requested a sample of it for months and Dr Miller has never been able to show that even exists! I would love to hear from ANYONE, including owners, investors and the previous management team that have ever seen the actual burn cream, or talked with anyone who has.
What about the donation they made to hospitals in other countries? How tough is it to provide the name and contact of the person at ANY hospital in the world that the donation was made? How can Dr Miller actually say something that is an absolute lie? It seems he is doing a lot of that these daysâ€¦â€¦..
WHERE ARE THE NEW SAMPLES?? It has been over 45 days since we heard new samples were going out! What about everyone that purchased the product before the prelaunch on 1/15/2011 that was promised 20 samples for every kit they bought? On several calls, Dr Miller and Kelley Foote announced that the new samples were â€œon their wayâ€¦â€¦ in customsâ€¦â€¦ in the warehouseâ€¦â€¦..â€ How is it possible that they can continue to lie like that? BLATANTLY LIE!! [/font][FONT=’Verdana’,’sans-serif’][/font]
ENOUGH IS ENOUGH![FONT=’Verdana’,’sans-serif’]
Here are some questions that have been asked of the corporate office, but no return email or phone call ever came:
Where are the clinical studies on the product? Is there any documentation to support all the incredible claims? Is there any reputable source that can support the product? Is the product safe? How do we know that? How many reactions, rashes and breakouts were reported to the company? We hear about a â€œsupposedâ€ burn cream that was developed several years ago, but what about the skin care? How did it really come about? It has been asked multiple times, but Bellamora has NEVER given us a history on the skin careâ€¦â€¦. All smoke and mirrors.
There is NO patent on the skin care line! They baited us with the burn cream, then switched all the focus to the skin care line.
How is it that a company brings in so much money yet canâ€™t hire more people to answer the phone? There are people that submitted support tickets 3 months ago and have STILL not heard back. The only people that are sticking up for the company are those with no MLM experience and those that do not have a team! Those of us that built a team and worked out butts off are the ones that are really suffering.
Isnâ€™t it illegal to only sell product to reps? Isnâ€™t that a pyramid? How is it possible that the company does not allow potential customers to order product from the associates website? The Attorney Generals are not going to be happy about that.
What happened to the investors? Everyone was excited that one of the top investors, Tom Shannon, was from Outback Steakhouse and was ******* this project? I actually met him at one of the events in Tampa. He seemed like a successful guy and assured me that Bellamora was going to be successful, at all costs. Isnâ€™t his son Tommy Shannon still working there? Where is he? Why isnâ€™t he on any calls talking about the financial stability of the company? Based on everything that has happened, it appears that the money ran out and the investors have left all the reps holding the bag. Just look at this lawsuit that the investor is involved in:
â€¦â€¦â€¦ being sued for MILLIONS!
It was just published in a trade magazine that Bellamora has not paid their vendors!! How is it that Kelley Foote, the COO of the company, has time to participate in an article on how the company has no money and is not meeting their financial obligation, but does not have time to get on a conference call with all of the associates and tell them what is going on? No wonder things are not working, they have not paid their vendors!!
What happened to all the benefits of the â€œFounders packageâ€â€¦.. T Shirtsâ€¦ Leadsâ€¦â€¦ VIP access to eventsâ€¦â€¦ Lapel pinsâ€¦â€¦. Logo on biz cards and websites? Where is all that? BOGUS promisesâ€¦â€¦â€¦â€¦ They should be ashamed of themselves.
How is it possible that the company is signing up â€œâ€¦.. hundreds of new reps per day?â€ per founder Dr Bruce Miller on the corporate call on 4/3/2011? All everyone sees in their back office are numbers going backwards and the number of non active associates increasing!!! That is a BLATANT LIE! â€œThings are greatâ€¦.. everything is turning aroundâ€¦â€¦.. we got rid of the bad applesâ€¦â€¦.â€ What planet is Dr Miller from? Things are HORRIBLE!! Product not received, websites down or not working, associates charged multiple times, no communication from corporate, ZERO leadership since the CEO was fired, not able to enroll new reps, all recognized leaders have left and are taking their teams with them, ZERO customer service, ZERO experience on the corporate team? Team members that are owed commissions from over a month ago? Now they have taken down their facebook page? A voicemail at their office that says they are not taking calls? [/font][FONT=’Verdana’,’sans-serif’][/font]
HOW CAN ANYONE IN THIS COMPANY, IN GOOD FAITH, RECRUIT ANYONE TO JOIN BELLAMORA? It is insane!!