Congratulations, You’ve Graduated College! Now What?

Larry Winget, author of Shut Up, Stop Whining, And Get A Life, appeared on Fox & Friends this morning (Tuesday, May 15).  He gave the following speech:

Congratulations on earning your degree. But the truth is that the degree alone isn’t going to be enough to assure your success in the real world.

In the real world employers don’t care much about your degree, your happiness, your income or really much of anything that has to do with you. They care about what you can do for them. And from this point on, that’s how you have to think. Businesses exist to be profitable. It is your job to help make them profitable. If you know how to do that, how to be worth more than you cost, then you have value in the workplace. If you don’t know how to be worth more than you cost, then employers will pass you over and find someone else.

Look at what it really takes to be successful in the real world.

You have to take responsibility. Your life, your results, your success, happiness, health and prosperity are up to you. When it turns out well, you get the credit and when it doesn’t work out the way you wanted it to, you get the blame. It isn’t up to anyone else to make sure you are successful, it’s always up to you, so be responsible.

Others. Respect your employer enough to be on time and give them your personal best every day because that is what they are paying for. Respect your boss, even when you think he is an idiot because he is still your boss and deserves your respect. Respect your coworkers so they will respect you and your customers because they pay you.

Clear priorities. Your time, your energy and your money will always go to what is important to you. If looking cute is important to you then you will spend all of your money at the mall. If being financially secure is important to you then you will make sure that you save, invest and live on less than you earn.

It’s about work and excellence. Regardless of what others may tell you, it’s not about your passion — as I know people who are passionately incompetent. It’s not loving what you do or being happy every day. You aren’t paid to be happy on the job, you are paid to do your job. Success always comes down to hard work and excellence. And it takes both. Hard work alone won’t cut it. I know people who work really hard yet aren’t any good at what they do so it doesn’t matter. And I know people who are excellent at what they do but they don’t work hard enough at it to make any difference.

So work hard and be excellent at what you do. And remember, if any one can do it then anyone can do it.

___________________________________________________________________________________________________________________________________________

PDF Transcript: http://larrywinget.com/pdf/2012-graduates.pdf

In addition to the YouTube video above, you can see the video of Larry Winget’s speech, please go HERE.  And, another source for this video can be found HERE.

Larry Winget is a five-time New York Times/Wall Street Journal bestselling author. He is a member of the International Speaker Hall Of Fame. He has starred in his own television series and appeared in national television commercials. Larry is a regular contributor on many news shows on the topics of money, personal success and business.

Text Source -

Larry Winget’s Advice for Grads - By Larry Winget – Published May 15, 2012 – http://www.foxnews.com/on-air/fox-friends/transcript/larry-wingets-advice-grads - Accessed 15 May 2012 – Fox & Friends – Fox News – http://www.foxnews.com/

Video Sources -

Larry Winget’s Advice for Grads – Fox & Friends – Posted May 15, 2012 – http://www.foxnews.com/on-air/fox-friends/index.html#/v/1640428610001/larry-wingets-advice-for-grads/?playlist_id=86912 - Accessed 15 May 2012 – http://www.foxnews.com/

Conservative Author Gives Least Inspirational Graduation Speech Ever On Fox & Friends - By Noah Rothman - Posted May 15, 2012 (9:34am) – Mediaite TV – http://www.mediaite.com/tv/conservative-author-gives-least-inspirational-graduation-speech-ever-on-fox-friends/ - Accessed 15 May 2012 – Mediaite – http://www.mediaite.com/

MBAs Attract Current and Former Soldiers

With leadership skills honed in battle and experience shouldering far more responsibility than their civilian peers, many former military officers are enrolling in M.B.A. programs to get one of the key attributes they lack—knowledge of the business world.

MBAs Attract Current and Former Soldiers

By Beth Gardiner – Updated April 18, 2012

As militaries including U.S. forces begin to downsize, many departing officers are heading to business schools, hoping the experience will help them make a smooth transition to business careers. Others remain in the forces while they earn a business degree, aiming to acquire management skills they can use as they climb the military chain of command.

The learning goes both ways. While current and former service members immerse themselves in the details of finance, accounting and other business basics, their schools and classmates gain a lot by having them on campus, administrators say.

Students from military backgrounds often become leaders of the small study groups that are a key part of the B-school classroom, they tend to be very active in campus life, and their well-developed abilities to head teams and work effectively make them natural role models for fellow students.

At a very young age, military officers “are commanding a platoon of 80 to 100 people and taking on a $10 million budget, and that doesn’t even include being in a war, life and death situations,” said Greg Eisenbarth, executive director of Military M.B.A., a group that matches U.S. military students with B-schools. “They just walk a different path, and they experience leadership because they’re put in that environment earlier than anyone else.”

Military M.B.A. provides a small number of $15,000 merit scholarships for veterans heading to business school, but Mr. Eisenbarth said that money was needed less now that the 2008 law known as the Post 9/11 GI Bill helps fund many American veterans’ studies.

London Business School, which works with Mr. Eisenbarth’s group, encourages applications from the military, said David Simpson, associate director of degree programs. About 30 of the program’s 700 to 800 current students came straight from the military, and numbers are rising, he said. Others, from countries with mandatory national service, spent time in the forces earlier in their careers, he added.

“Our employers love them, and we think they make fantastic students,” Mr. Simpson said.

Once, admission officers had to wait for an American service member to return from a submarine mission for an interview, and another U.S. officer is currently applying from Afghanistan, where recent instability may mean he does a preliminary interview by teleconference rather than in person, Mr. Simpson said.

One former student rose to the top of the Italian navy after earning his M.B.A., captaining a frigate and an aircraft carrier, Mr. Simpson said.

“It would be very hard to come across a career sector that tests team skills and leadership skills more than the military. They have outstanding exposure to being put under pressure too. Organizational and planning skills, all have great drive and ambition,” he said. “They’re the kind of characteristics that employers are looking for, people who can weigh up the environment and then make a decision and run with it.”

Bernard Garrette, associate dean for the M.B.A. at HEC Paris business school, said modern militaries also provide skills needed by companies that are under pressure to grow and want employees who can be bold about developing products and jumping into new markets.

“This spirit of conquest, hunger for new things, creating new businesses, new teams” jibes well with military skills “that are based on courage, doing new things,” he said.

HEC tries to imbue that spirit even in non-veteran students by requiring all M.B.A.s to attend a two-day training session at the French military academy Saint-Cyr, where teams of students are assigned tasks like building bridges as a way of developing teamwork and leadership skills, supervised by an organizational-behavior professor.

In Canada, McGill University’s Desautels Faculty of Management also brings lessons from the military into its teaching. Retired Lt. Gen. Romeo Dallaire addressed students on leading under difficult circumstances, drawing on his experience heading the United Nations’ assistance mission in Rwanda during that country’s mid-1990s genocide.

For all their experience, though, most military students have very little exposure to the business world, and they realize they need to learn fast and build networks they can tap later in their careers, Mr. Garrette said. They also must adjust to working in environments that are far less structured and hierarchical than they are used to, and with people from diverse backgrounds, said Mr. Simpson.

Sean Park, 31, now earning an M.B.A. at the China Europe International Business School in Shanghai, spent two years as an English-Korean translator in the South Korean army before becoming a researcher and analyst in a finance company.

At CEIBS, the teamwork skills he learned in the military are a big help, he said. “When other team members are demotivated, we need to motivate them and work together,” he said. “It’s all about leadership and coordinating and then allocating the work.”

Sandy Arbuthnott, 31, who spent seven years as a pilot-in-training and flight instructor for Britain’s Royal Navy, says he hopes the experience he is now getting at London Business School will help him move swiftly to a new career, perhaps in consulting. “The management, the finance, the accounting is all new for me,” he said.

More familiar, he said, “is that intensity, the constant pressure to perform, the constant being under the spotlight,” he said. “When I was teaching, if I approved someone’s flight plan and then they flew into a hill, the buck would have stopped with me.”

In the classroom, that experience makes a difference, he said.

“I can’t be the guy who sits in the corner and churns out Excel spreadsheets, but perhaps a military guy does bring the ability to include everybody” and direct a team, he said. When group projects begin to flounder “a military guy has more confidence to go in and grip the situation and grip the bigger picture, and say ‘OK, what’s important? Let’s ignore the rest and move on.’”

Via “MBAs Attract Current and Former Soldiers” at The Wall Street Journal Online

_________________________________________________________________________________________________________________________________________

Related Article -

Ten Tips for Taking Your Military Career to the C-Suite