Master of Business Administration

And people really liked the fact that we, you know, they could meet people in real life through the app so here's some of the taglines we you know we really leaned into being like where we are for the ambitious we're for the picky you know it's better to be single than settle so we have a lot of um you know kind of brand we worked really hard on making sure the brand was like very much for people with high standards um and this is our demographic side when we sold we're much Bigger now, but we really focused on people.

I had come from an MBA program, so that was obviously my founding wedge was MBAs.

One of my investors joked that the first five weeks on the app, he was like, you should just call this MBA date, because it's all these MBA women.

So go really deep and narrow at the beginning.

So ours was sort of the advanced degree people, and then we got finance on it.

We got marketing people on it.

So we had a lot of tech lawyers involved.

people with advanced degrees and MBAs, of course.

So there'll be office hours both at the start of the day and the middle of the day on Monday and Wednesday.

And because I'm teaching the evaluation class, the MBAs and the undergraduates in the afternoon, the morning session might actually be easier for you because you're already here for the class, hopefully, by that time.

So, you know.

The office, and as I said, I'll send out the Zoom link for the office hours.

If you catch me, I'm fair game.

Which means for the next 15 weeks, I'm going to try to make it as difficult as possible for you to catch me.

I do things like taking the stairs because I've noticed MBAs don't like to take the stairs.

It used to get so bad that the new building that came up, the Paulson building, that used to be the gym for NYU.

50% of them have a negative lifetime return on investment.

MBAs are an interesting one.

10% of them have a massive 400% ROI.

50% of them are negative.

When you say director, is that your professor?

Yes, and director of the entire MBA program.

Oh, shoot.

um

put you on blast.

And then you lose the right to ever take the class again.

So meaning you can never graduate with your MBA, even though you did all those years.

Like you can't retake it.

Superb managers are too scarce a resource to be discarded simply because a cake gets crowded with candles.

Moreover, our experience with newly minted MBAs has not been that great.

Their academic records always look terrific and the candidates always know just what to say.

but too often they are short on personal commitment to the company and general business savvy.

That's kind of what felt how simple they did it at Purdue versus how we did it at Carnegie Mellon.

Because they really simplified it for the MBA students for some reason.

And I'm like, what the fuck? I'm like over there worried about doing the micro economics.

I'm doing these regression equations and all this shit.

It's, well, it's probably a good reason.

Yes, I was going to say, it depends what you're going to do with it afterwards.

I mean, I'm sure there are plenty of places where, like, if you're going to become the type of economist who is in the running for a Nobel Prize, you may be using that stuff in a way that the MBA student at Purdue does not.

Well, correct.

And most programs will offer, you know, business.

And a lot of them, if they have a master's degree, a post-grad will have a business program, an MBA.

And a lot of those schools will also have one-year programs, right? And you can probably do a one-year MBA, literally, online for some of these schools.

But on the women's side, if you are not looking the MBA pathway.

And, you know, from my experience as a, as a women's college coach for 25 years, most of the pathways were, you know, extra science, physical therapy, you know, they'd go into teaching.

Nursing, education.

Was

he a plumber or was he more of like an MBA graduate who bought a plumbing business?

neither he's like a marketing guy who started a plumbing business with a guy in the trades so he's just a hyper entrepreneur go get him but he's super organized knows his numbers cold so he's he's probably the exception we get a lot of owners who have no clue what their accounting numbers are they just they rely on their accounts too much often times um and they're like talk to my account i have no idea

You know what? When I hear that, I just like, ah, you know, it's just like a shot to the heart is because it's like, you think your business is at the house or at the building, right? You think that's what your business is.