A Quote by Stephen Pagliuca
I was going to get a degree in economics and be a teacher. But I couldn't afford to pay for the education. So I just got the MBA and not the doctorate. I loved it at Bain, and I've been there ever since.
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An MBA is a great degree for career paths like investment banking, finance, consulting, and large companies. An MBA is not necessarily the right path for starting a tech company. You should be building a prototype, not getting an MBA in that case.
The smartest billionaires I know never finished high school. I got my degree and my doctorate on the street and an advanced degree in jail.
I think if you have to pay for your education, you worry very seriously about you're going to do when you've got your degree.
I am not a Ph.D. in economics or a doctorate in literature that I can afford to take my singing lightly. Even if I sing a jingle, I take it as seriously as oxygen.
If you say "I'm going to be an actor, but I'll get a teaching degree just in case," when things get hard, you'll just be a teacher and that's how you get stuck.
I had gotten a master's degree in administration supervision with it in mind that I would some day be a professor, then get a doctorate degree and move up and eventually be president of a university.
It's really hard for kids nowadays: you can get a decent education, but there are no jobs out there. You worry about how they are ever going to afford to live anywhere.
I was one of the early folks at eBay, and by 1999, it was completely overrun by consultants from McKinsey, Bain, and BCG. It went from being a cool, fun startup to an MBA factory.
My mother and my father taught me to look at the actual problem, not the face of it, not the veneer of it. So for me, I was never - I was impressed that it - racially, I was impressed, right, but now in America it's about economics, and it's been about economics, and honestly, everything's been about economics since I don't want to say the beginning of time, but it's been about economics for a long while.
Instead of being a teacher, I got a job with a company called Bain & Co., consulting firm, and they taught me how to build businesses.
Once I got into high school, any time I had to do a talk or a speech, I just loved being up in front of an audience, it was always a character. And then I discovered that an impersonation of the teacher was a really, really good way to get a laugh, and it would also get you good marks, because the teachers were always bored and loved to be the "teacher-parody." So that became my little trick at school, and I became known for doing that.
Endeavor's partnership with Bain took off at just the right moment. We were embarking on our '3.0' organizational strategy, and thanks to the compelling analysis, entrepreneurial zeal and tireless commitment of our Bain team, we've emerged with a world-class plan. We look forward to continuing our high-impact work with Bain!
I got my degree in acting and theater, and then I had a teacher who told me to take a class with The Groundlings. And for a second, I thought, 'Well, I don't know about that. I'm a serious actress.' And then I did, and I loved it, and I said, 'Ah, well, I guess this is what I'm going to do now.'
It started with Ronald Reagan, when he took away the financing to the California universities. It used to be cheap to send your kids to the UCs. They'd call it an investment, because the more you educate people, the more they'll pay in taxes, because they'll get better jobs. But Reagan said, "No, it's a cost, so you're going to have to pay the cost." So now people can't afford to get an education. Anyway, I don't want to get too political, but yeah, I think the spirit of this country is finally coming back, and hopefully it will triumph.
I wasn't always interested in technology. I had been a student for a long time - I'd earned a bachelor's degree, a law degree, and an MBA - and decided that I wanted to work in a large corporation, focusing on finance and law, in either New York or Chicago.
Once I got into driving those little Mercedes convertibles, I just absolutely loved it. They feel really - great crash safety ratings, mechanically they're unbelievably sound, and I've been driving them ever since.
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