If I Knew Then Advice on careers, finance, and life from Harvard Business School's Class of 1963

Jim Collins

Careers

If you see yourself as an entrepreneur, start your company as soon as you possibly can. If you know the field you want to work in but aren’t sure about your business plan, go to work for a company that you admire in the same type of business you want to create. If you go this route, do not be concerned about compensation. Get all the knowledge you need to launch your own firm.

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Happiness & Success

Success is not about the accumulation of wealth and power. It is more about happiness, contentment, and satisfaction — for not only you but also your family. 

A great first step in this direction is to avoid “work.” Engage in what you really enjoy doing. Be persistent. If you have a great idea or vision that you really believe in, do not let up — just go for it. 

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Life's Lessons

Ethics and morals have been in a steep decline, in my estimation, particularly since the mid-1960s. We will always have people who will deceive others for personal gain. Deception in both the public and private sectors seems to be at an all-time high. It’s more important than ever that you know who you are and what your values are.

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