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| FROM Kellogg MBA Blog: No more FOMO: Eliminating the fear of missing out |
![]() First-year student Rohan Rajiv is blogging once a week about important lessons he is learning at Kellogg. Read more of his posts here. Wikipedia describes FOMO, or “fear of missing out,” as a form of social anxiety where one is compulsively concerned they might miss an opportunity for social interaction, a novel experience, profitable investment or another satisfying event. I’m sure you’ve experienced FOMO at various times in your life. It turns out graduate school is a fantastic lab to study FOMO. Given the intensity of competition between various priorities, FOMO could be a huge problem if you let it. Author and psychology professor Dan Ariely claims that FOMO is fear of regret, that we have made the wrong decision on how to spend our time as “you can imagine how things could be different.” FOMO is the sort of problem that can plague us. As business leaders, entrepreneurs and investors, it will always be tempting to follow the latest fad. As parents, it will be tempting to push our kids toward the latest and greatest achievement. As people, we’ll be sorely tempted to try various external quick fixes in our own pursuit of happiness. So, how do we avoid FOMO? Based on my limited experience, here are three thoughts that might help: 1. UNDERSTAND YOUR CORE PRIORITIES. First, no matter what we do, understand why we’re doing what we’re doing and what our priorities are. 2. DO YOUR OWN HOMEWORK AND GO IN WITH A HYPOTHESIS. The biggest cause for FOMO is when we don’t do our own homework. This lack of work can lead us to believe everyone else around us knows exactly what they’re doing. The solution to this is to always go into what we’re doing with a hypothesis. Top venture capital firms are increasingly adopting the idea of a thesis-driven approach to investing. And, the best hypotheses/theses are aligned firmly with core priorities. 3. BE WILLING TO HAVE DISCUSSIONS AROUND YOUR HYPOTHESIS AND CHANGE YOUR MIND. No hypothesis/thesis is final, of course. It is completely OK to decide to change your mind after discussions. People around us often have incredible insights about us that will help us on our journey. But, at the risk of repeating myself, it matters that we always have a clear thesis that we’re testing. We’re the drivers here. The underlying principle here is to shift focus from what everyone else around us is doing to what we’re doing. No one really knows what makes sense for us. That’s not to say we know better, but we probably have the best shot at it. So, let’s use the privileged position to figure out what would actually work. In that sense, avoiding FOMO becomes really easy when we realize that it isn’t about “them.” This is all about us. It’s our life and it is up to us to make it meaningful, to make it count. Rohan Rajiv is a first-year student in Kellogg’s Full-Time Two-Year Program. Prior to Kellogg he worked at a-connect serving clients on consulting projects across 14 countries in Europe, Asia, Australia and South America. He blogs a learning every day, including his MBA Learnings series, on www.ALearningaDay.com. Filed under: Academics, Student Life Tagged: 2Y, MBA Learnings, Two-Year |
| FROM Kellogg MBA Blog: Alumni Spotlight: Luke Tanen ’14 |
![]() Photo by Jeff Sciortino The Kellogg-minted team that honors Chicago innovators is building a new way to support the startup community — by connecting established business leaders’ problems to local startups that might have the solution. “Startups have a hard time getting the ear of big companies. They may not have a lot of credibility, or know who to talk to,” says Luke Tanen ’14. “It makes sense to bridge these two worlds. You can think of what we’ve created as a matching program.” The story of the Innovators Connection starts back in 2010. While researching job postings, then-Kellogg student Luke Tanen came across an opening for a director’s job at the Chicago Innovation Awards, which showcases the region’s most imaginative new ventures. He noticed a somewhat familiar name: Tom Kuczmarski. “This name Kuczmarski appeared in both places, the Chicago Innovation Awards and over at Kellogg,” Tanen says. “So, I just sent him a note one day, saying I think what he’s doing is really cool and that I’d love to interview for the position.” Kuczmarski, one of the co-founders of the awards and a senior lecturer at Kellogg’s Center for Research on Technology & Innovation, met with Tanen. Kuczmarski soon realized that Tanen, who hails from New York, was passionate about working within Chicago’s startup business community. “Luke was one of many great candidates who popped up, and he’s the one we hired,” says Kuczmarski, who runs an innovation consultancy and is considered one of the city’s foremost experts. “He’s a powerhouse. I just love working with him.” A collaboration was born. And since moving up to executive director in 2012, Tanen has worked with Kuczmarski to expand the organization into new territories. Their latest is the Innovators Connection, which helps startups connect their services to big-name companies. Learn how Innovators Connection works and hear more from Tanen Filed under: Career, Student Life Tagged: alumni, Alumni Spotlight, Center for Research on Technology & Innovation, entrepreneurship, Innovation, Startup |
| FROM Kellogg MBA Blog: No more FOMO: Eliminating the fear of missing out |
![]() First-year student Rohan Rajiv is blogging once a week about important lessons he is learning at Kellogg. Read more of his posts here. Wikipedia describes FOMO, or “fear of missing out,” as a form of social anxiety where one is compulsively concerned they might miss an opportunity for social interaction, a novel experience, profitable investment or another satisfying event. I’m sure you’ve experienced FOMO at various times in your life. It turns out graduate school is a fantastic lab to study FOMO. Given the intensity of competition between various priorities, FOMO could be a huge problem if you let it. Author and psychology professor Dan Ariely claims that FOMO is fear of regret, that we have made the wrong decision on how to spend our time as “you can imagine how things could be different.” FOMO is the sort of problem that can plague us. As business leaders, entrepreneurs and investors, it will always be tempting to follow the latest fad. As parents, it will be tempting to push our kids toward the latest and greatest achievement. As people, we’ll be sorely tempted to try various external quick fixes in our own pursuit of happiness. So, how do we avoid FOMO? Based on my limited experience, here are three thoughts that might help: 1. UNDERSTAND YOUR CORE PRIORITIES. First, no matter what we do, understand why we’re doing what we’re doing and what our priorities are. 2. DO YOUR OWN HOMEWORK AND GO IN WITH A HYPOTHESIS. The biggest cause for FOMO is when we don’t do our own homework. This lack of work can lead us to believe everyone else around us knows exactly what they’re doing. The solution to this is to always go into what we’re doing with a hypothesis. Top venture capital firms are increasingly adopting the idea of a thesis-driven approach to investing. And, the best hypotheses/theses are aligned firmly with core priorities. 3. BE WILLING TO HAVE DISCUSSIONS AROUND YOUR HYPOTHESIS AND CHANGE YOUR MIND. No hypothesis/thesis is final, of course. It is completely OK to decide to change your mind after discussions. People around us often have incredible insights about us that will help us on our journey. But, at the risk of repeating myself, it matters that we always have a clear thesis that we’re testing. We’re the drivers here. The underlying principle here is to shift focus from what everyone else around us is doing to what we’re doing. No one really knows what makes sense for us. That’s not to say we know better, but we probably have the best shot at it. So, let’s use the privileged position to figure out what would actually work. In that sense, avoiding FOMO becomes really easy when we realize that it isn’t about “them.” This is all about us. It’s our life and it is up to us to make it meaningful, to make it count. Rohan Rajiv is a first-year student in Kellogg’s Full-Time Two-Year Program. Prior to Kellogg he worked at a-connect serving clients on consulting projects across 14 countries in Europe, Asia, Australia and South America. He blogs a learning every day, including his MBA Learnings series, on www.ALearningaDay.com. Filed under: Academics, Student Life Tagged: 2Y, MBA Learnings, Two-Year |
| FROM Kellogg MBA Blog: #MyKellogg Photos of the Week: Nov. 7 |
![]() ![]() ![]() ![]() ![]() ![]() For this week’s #MyKellogg photos of the week, we wanted to give a nod to everyone who captured the beauty of fall on the Northwestern University campus, and specifically those who showcased their pictures on Instagram with #KelloggFall2014. Keep sharing what your experience at Kellogg looks like with #MyKellogg, and we might use your picture for an upcoming photo of the week post. ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Filed under: Student Life Tagged: #MyKellogg, Fall colors, Northwestern University campus, Photo of the week, Photography, photos of the week |
| FROM Kellogg MBA Blog: A life-changing phone call |
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“Hello Mr. Saif Ahmed, I’m calling from the MBA Admissions Office from the Kellogg School of Management. We are delighted to inform you that you been accepted for the 2Y MBA Program!” I received this phone call while I was grabbing some not-so-healthy food at Pizza Hut. Thankfully, my fiancée (then-girlfriend), Farah, was with me, so she was able to confirm that it was actually real, and not some caffeine induced day-dream! That day was March 25, and now that we are in early November, I can’t help but feel amazed at times when I think how dramatically my life has changed in the last six months. I graduated from the Institute of Business Administration (IBA), University of Dhaka in Bangladesh with a Bachelor of Business Administration, majoring in Finance. My four years at IBA were amazing and shaped me into the person that I am today. Post-undergrad, I joined HSBC Bank as a Management Associate in the Corporate Finance business and was there for almost four years. I had a ton of great experiences in my job, but I knew that to augment my skills as a professional, I needed to get out of my comfort zone. Among other things, self-development has been THE driving force in my life. I always knew I wanted to get an MBA at a top business school. There were many good reasons for this goal, but the one that really stood out for me was the opportunity to interact with some of the best and brightest students and faculty in the world. That would be a transformative experience for me. Given my very specific requirements, Kellogg was inevitably on that list. Coming to Kellogg was an easy choice to make. The cost of leaving your family and friends, and losing the economic security of a great job is steep, but when you get accepted into a place like Kellogg, you pack your bags and make the journey (29 hours in my case!). ![]() I came to Evanston on August 18, and I think I already have enough stories to write a new blog piece every day for a year! But for the time being, I’ll keep it short and start cracking on the huge pile of assignments/recruitment prep work that seems to keep piling up! I’ll end my first article with a picture of me with President Barack Obama in the background. No big deal, just the President of the United States coming to visit Kellogg and inspire us. Waiting for more amazing things to happen in the next two years! Saif Ahmed is a first-year student in Kellogg’s Full-Time Two-Year MBA Program. Filed under: Student Life Tagged: 2Y, Two-Year, Why I Chose Kellogg |
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