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Showing posts with the label Paul Graham

"Fire MBAs" - Bob Lutz, former GM Vice Chairman

Personally, I don't value MBA degree (even though I have met and had very knowledgeable friends at college). For me, it's a hyped and useless degree. Most of the MBAs I have seen are pure Juggu Boys (sycophants) and irrational cabals, who can't take any decision on their own, but can only create chaos and politics. That's one of the reasons I like Paul Graham of Y-Combinator . He's a great icon for Hackers (to get back the respect). I just stumbled upon this link through Hacker News where TIME magazine reports on Bob Lutz's latest book Car Guys vs. Bean Counters: The Battle for the Soul of American Business . Some interesting notes: we need to fire the M.B.A.s and let engineers run the show. "if you can measure it, you can manage it" The only time Apple ever lost the plot was when it put the M.B.A.s in charge.  "Shoemakers should be run by shoe guys, and software firms by software guys."

Why hackers suck...

"If you work your way down the Forbes 400 making an x next to the name of each person with an MBA, you'll learn something important about business school. After Warren Buffett, you don't hit another MBA till number 22, Phil Knight, the CEO of Nike. There are only 5 MBAs in the top 50. What you notice in the Forbes 400 are a lot of people with technical backgrounds. Bill Gates, Steve Jobs, Larry Ellison, Michael Dell, Jeff Bezos, Gordon Moore. The rulers of the technology business tend to come from technology, not business. So if you want to invest two years in something that will help you succeed in business, the evidence suggests you'd do better to learn how to hack than get an MBA." Paul Graham in How to start a startup But, I'm very much amused, in real world, how such sane hackers are been ruled and overtaken by sales, marketing and HR guys. How those guys put the words into hackers mouth and outsmart? On a second thought, it must be for God's sake....