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Facebook, Social Network, Divya Narendra, and the Kellogg JD-MBA Program

November 30th, 2010 2 comments

Few companies can be said to represent the spirit of an entire generation. Well one of those companies is Facebook, as the company has not only transformed the way people use the Internet, but also the way people fundamentally interact with others on a daily basis. Recently, the movie Social Network portrayed the story behind the founding Facebook, and the move is a hit across many college campuses. The movie was also a hit here at Northwestern, as one of the main characters played in the movie, Divya Narendra, is one of my fellow classmates here in the Northwestern JD-MBA program, class of 2012.

Before the founding of Facebook back at Harvard, the thought of connecting with others online was not the standard, it was moreso a good idea. And when Divya and his old classmates discussed the idea for social network at the time, they had no clue it would lead to one of the most popular companies in the world today.

But the most interesting part of the story isn’t their personal success. In fact, if you get to know Divya today, you will quickly realize that his personal success doesn’t necessarily play a huge part of his day to day decisions. Instead, Divya’s main mission is continue to improve professionally as a serial entrepreneur and to create value in online spaces where he sees opportunity to make the world better.

Today Divya works on his company SumZero, while studying full time here in the JD-MBA program. Similar to the original intention of ConnectU, SumZero (i.e. the opposite of Zero Sum) is an internet tool that’s focused on helping people grow their professional networks, except this time his site is tailored for investors who want to share investing information.  And similar to Facebook today, the networks on the site are immense, as nearly every major fund is represented, including Citadel, SAC, Blackstone, Farallon, and KKR, among others.

Because Divya’s company has taken off and because of the success of the new movie, a number of articles have recently been written about him and the Facebook story, including an article put out by Northwestern yesterday.  Below, I’ve posted a number of those articles, including a link to learn more about the JD-MBA program here at Northwestern.

In my view, the JD-MBA program is the perfect fit for any entrepreneur, as you not only get the legal and business training that can be immensely valuable as you start an enterprise, but also the networks and resources from both schools – current entrepreneurs, small business clinic resources, professors that understand the start-up space, classes on forming and managing new businesses, and a network of lawyers, business people and investors.

See below to read a preview to the first article above, written by Northwestern University News Center

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Life Beyond Facebook

Real-world movie ‘Social Network’ character has no time for regrets By Wendy Leopold

EVANSTON, Ill. — Divya Narendra was having dinner with his girlfriend when a fellow Northwestern University student recognized him for his real-world role portrayed in the blockbuster movie “The Social Network.” “He, of course, mispronounced my name,” said Narendra, still adjusting to the spotlight since the release of the movie.

One of the film’s three Harvard graduates who alleged Mark Zuckerberg stole their idea for Facebook was based on Narendra.

How accurate is the story of what was deemed “the movie of the decade” by some critics? “The way our personalities are colored is exaggerated at times, but the underlying story is a lot closer to fact than fiction,” Narendra said.

(Click here to read the article online)

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Happy Thanksgiving! Grateful for Access to Information

November 25th, 2010 2 comments

Happy Thanksgiving everyone!  I hope that you’re having an enjoyable holiday not only filled with delicious food but also filled with good friends and time with family. On Thanksgiving, most people hop into their cars to drive, or set away in overpriced seats in the crowded skies to join their families and celebrate while watching movies, parades, and football games. And during the day, they also express all the things they’re  thankful for.  But in addition to being thankful for many of the personal things above, many of us also have a lot to be thankful for professionally.

In my view, many of us should also be grateful for access to professional opportunities. And that especially true now where business is tighter than it’s been in previous years and where there are more applicants these days and the pressures to get accepted continue to mount. So we should all take a few minutes to thank those who have helped us along the way, whether they helped us make professional decisions or helped us with the graduate school application process.

Personally, I’m grateful for those ahead of me who aggressively continue to sharing information both in person and here online. So I thought I’d dedicate this post to name just a few online resources that I found interesting or that I used directly when applying. I suspect that my readers are also thankful for these resources, or at least will be thankful that I’ve shared them here in this post. My apologies in advance if I’ve left anyone off the list and to those who I didn’t discover during the application process.

  1. Marquis Parker, who is one of the 1st MBA Bloggers ever, and is currently the MBA blogger with the longest tenure and likely most unique visitors
  2. Management Leadership for Tomorrow (MLT), the premier career development program for high potential minorities that are applying to MBA programs
  3. GottaMentor, an internet start-up that is changing the game for sharing information and online mentoring, and one that I’m also pretty active in
  4. Michelle Owuku, former MLT coach who helped me through the MBA application process
  5. Orlando O’niell, who set the stage for blogging at Kellogg the year before I came to campus, and currently writes very insightful posts
  6. Steven Windsor, another fellow blogger before me at Kellogg, who writes about the venture capital and technology space
  7. Dino Gane, another fellow blogger a year before me at Kellogg. For those who remember, he began with the name Managing Magic and wrote extensively about his MBA application process
  8. Jullien Gordon, who is in the careers blogging space and is currently working as an entrepreneur to help people change their careers and their lives
  9. Paragon2Pieces, who is one of the first, if not the first JD-MBA blogger out there. Either way, she paved the way for JD-MBA writers like myself to enter the space
  10. NotAboutJackie, who is one of the only other MLT bloggers out there
  11. Leland Cheung, former MBA blogger and current City Councilman, that also helped me through the application process
  12. Emmanuel Pleitez, political blogger who began the MBA application process with me before moving into politics and running for Congress
  13. HellasMBA Blog list, which is a list of bloggers and was one of my first entry points into the blogging space
  14. Stacy Blackman, a pioneer in the MBA admissions blogging space, and a Kellogg alum
  15. Linda Abraham (from Accepted.com), who has been sharing valuable information on MBA admissions for years
  16. ClearAdmit, who has been one of the leaders in sharing information on MBA admissions, for as long as I’ve found it relevant. I also found that Clear Admit Law Blog also has a website dedicated to law school admissions, which I found after being admitted into my program
  17. Keith Ferrazzi, who is a leading pioneer in the movement on sharing information with others. You might know him from his book, Never Eat Alone

I also wanted to name a couple of “honorable mentions.”  Even though I didn’t leverage them during the admissions process or make use of them during my recruiting processes, these resources are definitely setting the stage in the online/ blogging world today and continue to increase the pace of sharing career and professional information.

  1. ClassyCareerGirl, who is blogging while getting a part-time MBA. She is an excellent resource for women in the business and consulting field. Keep an eye out for this emerging blogger.
  2. BeatTheGMAT, is an excellent resource not only for GMAT information, but also for aggregating admissions content. It’s a resource I’m currently partnering with to help them bring more information to more people.
  3. Law School Podcaster, is an excellent resource for law school.  They also have a great website for MBA admissions, MBA Podcaster.

That’s because the best leaders and organizations understand the value of sharing information. They realize that more important than always working for ourselves is that we all continue to improve our community by sharing more and more information with those who need it. And that’s especially true for those who might come from families where access to information and to critical resources is limited. And in the end, my belief is that only after we start sharing more freely will be able to make use of everyone’s best talents and collectively unlock our collective potential for change.

Happy Thanksgiving everyone!

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The Career Change Challenge: Jullien Gordon’s Career Search Resource

September 4th, 2010 2 comments

There is a new movement taking place in the “careers industry” which seeks to connect the world with leading jobs, careers ideas and resources, and unique professional advice. Careers entrepreneurship is, in my view, an up and coming industry that will definitely continue to grow and will hopefully accelerate the pace of growth in the economy.  After all, we did just recently experience once of the worste recessions of the past century.  A prime example of a pioneer in this movement is Jullien Gordon, Stanford MBA class of 2007, and founder of Career Change Challenge.

Jullien Gordon has taken on the herculean challenge of providing human capital resources that will revolutionize people’s careers, particularly those who are interested in entrepreneurship. The Career Change Challenge is his newest initiative, where he posts a number of helpful presentations and videos aimed at helping people to “identify the “right” purpose-aligned career path” and then take actionable steps down that path.  As a part of his services, Jullien sends out periodic emails with videos and online content that information that is useful to his readers.

Another leader in the movement is my good friend Marquis Parker, who recently wrote a post about Jullien as well (click here to see Marquis’ post about Career Change Challenge).  Marquis started the second or third “major” business school blog ever back in 2003, and as it turns out, I originally met Jullien through Marquis, who was  one of Jullien’s classmates at Stanford Business School.  And Marquis can attest, that ever since Jullien earned his MBA in 2007, he has been dedicated to the cause helping people triangulate their careers around their life purpose.

Personally, I’m excited about Jullien’s new website, and I hope you will be too. It’s clear that Jullien is not only passionately about his own entrepreneurial ideas but also about helping people find their purpose and find ideas to transform their careers.  And in my view, that’s especially important now given the current economic situation.

To obtain new resources to assess your own career, even if just out of curiosity, take a look at Jullien’s new website. And if you know someone else who might benefit, forward his site along to them as well.  Because one of the most important things that any great leader can do is not only ensure that they are on the right career path, but also that they’re proactive to get insights and perspective from others as well.

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Dean Sally Blount’s First 100 Days at Kellogg

September 4th, 2010 No comments

Hi everyone, I have some exciting news to share.  Back in late July, Kellogg’s new Dean Sally Blout decided to start blogging about her experience as the new Dean this year.  Until now, the Kellogg community, like most business schools, relied on press releases, interviews, and other meetings and conferences to hear about everything that was going on.  But now, you can real time, up-to-date information not only about what she’s working on, but also about her thoughts for the future.

The title of the site is “Dean Blount’s First 100 Days,” and it’s purpose is to capture her weekly reflections on Kellogg and management education in the 21st century.  She’s already posted ten or so posts over the course of the past few weeks, and I suspect she’ll really start to pick up the pace a bit now that the new Kellogg class of 2012 - her first class as dean - is about to begin.

In my view, the dean’s decision to blog is a very good idea, though you might expect me to say that given I have a website of my own.  That’s because a leader’s ability to lead effectively in any organization, especially in today’s interconnected internet-driven world is directly correlated to his or her reputation.  A reputation as a thought leader and someone with vision for change.  Someone with a proven ability not only to come up with big ideas but also to persuade others and communicate the ideas to the masses.  And blogging provides a great venue to start building your reputation and delivering your message.

After reading through the dean’s blog, it looks like she’s hit the ground running and I look forward to seeing what the longer term message is.  For all those interested in Kellogg, affiliated with the university, or interested in the MBA community more generally, please join the dean’s ongoing conversation along with me.  I suspect that she’ll channel great insights about business and would love to hear what you think about her ideas.

And Dean Blount, thanks for your engagement in the univeristy and for sharing your insights about the MBA world as you take the helm of Kellogg.  We look forward to reading along and interacting with you throughout the year.

Click here for see the Dean’s new blog.

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More On Mentors: GottaMentor.com

May 26th, 2010 2 comments

Hey Everyone! As a follow-up to my recent post on networking and finding mentors, I also wanted to pass mentorship resource that helps connect you with peers, coaches, and mentors in the business and other professional communities. The company name is GottaMentor and the up-and-coming internet company is a great resource for finding career information. As some of you may know, I happen to be a new contributor to the site. And while it was hard to start contributing as regularly as I would’ve like during 1L of law school, I’ve picked up the pace recently and plan to contribute much more heavily this summer and after.

If you have not heard of the company yet, you should definitely take a minute to browse the website. For one, I’m a contributor to the site and would love for all of you to join.  Additionally, if you do take a look, you’ll see that the site really does have a lot of pretty interesting career-related information, and also a great platform to ask questions and get new information. Perhaps more important than all of this, though, is that the GottaMentor leadership team is very highly accomplished. And as such, I suspect the company will be around for some time to come, and it’s also poised to really take off in the upcoming months and years.

To see some of the information, you’ll have to register with a user name and password. But that’s an easy process, and I highly recommend signing up.  And the good news is that the site works well for almost everyone. Not only is it relevant for students but it’s also useful for professionals at all stages of their careers and also for those in both business and law. Have a look when you get the chance.

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Good Article: John Legend Discusses Education Reform

January 25th, 2010 2 comments

Like many countries in the world, the U.S. faces the daunting task of improving an entire public education system.  Our recent recession has shown us that we need to drastically improve the training of our workforce, and that we also need to better equip the younger generations so they don’t face the same issues a decade from now. Inherent in the second issue is the fact that attaining public education for those in the middle and upper classes, is still vastly different than it is for those that have less privilege.  America has been talking about the situation for years now, but many believe that it’s time to finally take action.  In a recent article,  John Legend discusses this issue and how we can lend a hand to help.

I recently referenced this article in my Martin Luther King Day post last week, but I thought I’d devote a post to showcase it here today.  For reference, John Legend has long been passionate about changing the education industry.  In 2009, he gave the University of Pennsylvania’s (alma matter) commencement address, where he shared his thoughts on education reform. John was also featured in CNN’s Black in America this year where had had a similar message. And finally, John is a big supporter, a former employee of, and now a Board member of Management Leadership for Tomorrow, an organization that is doing as much as anyone to push forward the education agenda.  Years ago, John worked at MLT while launching his music career and helped spawn some of its innovative career programs.

John’s opinion (much like mine) is that much of America already recognizes this challenge. So the question really is are we ready and able to address it? Are we looking at countries like India and China and at the best schools here in the US and Europe to benchmark best practices? That’s what the most profitable companies do to stay competitive. Or instead, are we set on tradition, afraid of change, or unable to come up with new solutions? I don’t know the answer, and it’s likely far too complicated to be narrowed down here. But what I do know is that things like technology, creativity, and an the support of organizations all need to be utilized to bring about change. It also helps to have people like John Legend, the support of our ordinary citizens, and also some of the bright MBA and JD graduates who want to serve in the education industry.And not only are the students waiting for a helping hand, but so are the employers who need a bigger pool of talent to recruit from, and as a result so is our struggling economy that needs more productivity from more of its people.

Take a look at John’s article below. It was posted by the Huffington Post on Martin Luther King day.

Title: Education Reform: The Civil Rights Issue of Our Time
Author: John Legend
Hosting Website: Huffington Post

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Good Article: CEOs With MBAs Outperform Non-MBAs

January 22nd, 2010 2 comments

Management education has taken a lot of heat over the past few years. And MBA programs all across the country have been put on the hot seat. They’ve been forced to defend their value to the modern business world, they’ve been blamed for the recent economic crisis, and they’ve been crucified for all the corporate scandals that have taken place in corporate America for the past decade. But a new study finally tips the scales back in the other direction.

Read more… Good Article: CEOs With MBAs

Three professors from INSEAD recently undertook a study to identify the world’s highest performing CEOs. The study analyzed long-term performance of more than 1,200 global companies over the “long-term” and it came up with a mega-list of  Superhuman-CEOs who led their companies to new heights and who hit home-runs when it came to driving long-term shareholder value. All my MBA readers should be thrilled to hear that, MBA CEOs significantly outperformed their non-MBA counterparts in the study, ranking on average 40 places higher on the list. The study notes that this is well beyond the range of statistical error.

Immediately after hearing how the study came out, I started thinking about of the age-old question. The question that professionals and management experts alike have debated for decades as well as wrote dozens of bestselling books and HBR articles on but failed to substantively answer.  The question you’re also probably thinking about right now. Are CEOs with MBAs better managers than CEOs without MBAs? Do they have superior technical savvy, financial ability, or people skills? And even further, are CEOs with MBA better leaders? Are they better-equipped to lead organizations to greatness? Are they more capable of rallying thousands of people behind them to achieve Olympic-level results both for the organization and for society?  My first response is that it’s probably not black-and-white. I also suspect that there are a lot of complex, competing issues that have to be considered. But all things considered, my guess is that there’s probably is a right answer, once you figure out a way around some of those issues. Based on my limited experieces, I tend to believe that CEOs with MBA training, on average, probably have a distinct edge and more refined style than the other. After all, this is what they were trained to do, and in the process they were given a resume edge to get started with a high powered network to call on in times of need.

But …..  in my opinion the MBA is not the key differentiator. If you want to truly understand how to attain success, look at firm leaders, like Steve Jobs who is #1 on the study’s CEO list.  These leaders have come from all walks of life and earned the single commander-and-chief role at world-class firms and shepherded those firms to perform at the highest imaginable level. To me, they have something that’s far better than an MBA. They have the unusually brilliant, intangible ability to influence and direct an organization. They have the ability to lead.

* Please see BusinessWeek and Harvard Business Review for more detailed posts on the study and for the actual results.

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MIT Sloan Student Becomes New Cambridge City Councilor-Elect

December 1st, 2009 No comments

Hey all, this will be a pretty quick post, but I wanted to write to tell you about a pretty interesting guy I know. Leland Cheung is a Stanford alum who I met in Boston a few years ago. We were both board members for the Stanford Club of New England and hosted a few alumni events together around the city. He’s currently in the dual MBA/MPP program at MIT Sloan and the Harvard Kennedy School, but recently decided to run for City Council in Cambridge. Just last week he became the City Councilor- Elect, which is pretty great news.

Read more… MIT Sloan Student Becomes New

Leland offers a pretty different perspective than most city council members. He’s currently a student, worked as an entrepreneur and venture capitalist, and also relatively new in returning to Cambridge which gives him a fresh perspective on things. I also think his success so far is great proof of just how strong and versatile the MBA degree is. While most graduate degrees out there tend to be a bit more field specific, an M.B.A., especially from a top school, can often open up a wide variety of career options.

When you get a chance, check out his website at this link.

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