The Autodidact’s Route to Becoming a Business Leader

Here is a roadmap and a compass

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Ready, Fire, Aim

Don’t wait to start actualizing your ideas. Take action, see what happens, and course-correct as you go along. This outline will help you steer the course and get it right the first time. Never underestimate the value of getting it right the first time.

MBA ASAP

The following can be though of as an Accelerated Program that covers the spectrum of business disciplines in an MBA program. These are the skillsets that will make you more valuable at your job, help you start something on the side, or let you quit your job and start your own business.

Seeing the Forest Through the Trees

Fundamentals and scenarios and situations that you will encounter most of the time are emphasized. We won’t spend a lot of time going over lots of contingent information about things you will rarely, if ever, encounter.

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Prepare for greatness

Here is a summary of the various disciplines in a sequence from foundational to more specialized:

Entrepreneurship and Startups

Many of us aspire to create something new; do original work; make an impact and help people solve their pressing needs. We have all heard of the entrepreneurial heroes like Steve Jobs, Bill Gates, Mark Zukerberg and Elon Musk and their achievements. We use the tools, products and services that they created.

Financial Literacy: Understanding Financial Statements

Financial Statements are the end product of Accounting and the gateway to Corporate Finance. Understanding and being able to read them is a critical business skill. We will explore:

Marketing in the Digital Age

Every aspect of business has a marketing and sales aspect to it. Besides convincing customers of the value proposition of your products and services, you must convince employees and investors of the value of your vision and strategy.

Accounting

Accounting is the most fundamental part of any business. You need to have a grasp of its concepts and workings. This course provides that knowledge quickly, clearly, and directly.

Management & Leadership

Now we have covered enough of the basic components of business and we can move into how to conduct the orchestra.

"Vision without execution is just hallucination." Thomas Edison

Learn both. Become a student of the possible

Become a Better Negotiator

Negotiation is a learn-able skill that you can develop and hone to resolve conflicts, build agreements, and get deals done.

Operations and Supply Chain Management

How do you make and deliver things in the most cost effective and efficient ways and also maintain the highest quality? There are always tradeoffs between quality and cost. Operations management is about how you optimize and balance those tradeoffs to make the best product at the best price for your customers. Sometimes the highest quality product is what people need, sometimes “good enough” and cheap is what is required. Market Research helps understand customer needs, operations has to make it and deliver it.

Corporate Finance

Corporate Finance is how companies make decisions about what projects to pursue, how to value those projects and how to fund them. This is how financial professionals make decisions about how, when, and where to invest money.

Corporate Finance comprises a set of skills that interact with all the aspects of running a business. It is also extremely helpful in our personal lives when making decisions about buying or leasing, borrowing money, and making big purchases. It provides analytic tools to think about getting, spending, and saving.

Learn to analyze financial statements using Ratio Analysis, explore the time value of money and develop a set of tools for making good financial decisions, like Net Present Value and Internal Rate of Return.

Understand the trade off between risk and return, how to create financial projections, and how to value income producing assets.

Economics

Micro, Macro and Managerial economics

Financial Markets

If you have studied the Time Value of Money and Economics, you are ready to examine Financial Markets such as the Stock and Bond Markets. Check out Value Investing using the text The Intelligent Investor by Graham and Dodd. This is the way Warren Buffet does it!

Business Law

Here is a list of business law subjects you should familiarize yourself with:

Human Resource Management

Human Resource Management (HRM) refers to the functions in an organization that designs the jobs, recruits, hires, creates and administers the rules of employee conduct and the relationship between employer and employee, and manages termination through firing, severance, or retirement.

Statistics for Business

Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of data, including the planning of data collection in terms of the design of surveys and experiments.

Intellectual Property

Patents, Trademarks, Copyright

Strategic Planning and Implementation

Put it all together

Learn how to write a Business Plan

Founder of MBA-ASAP.com Author of MBA ASAP and The Way to Wealth; get free stuff http://eepurl.com/b8UzpL

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