To University and Beyond. Mandee Heller Adler
an investment research firm acquired by Evalueserve. He worked with Bear Stearns’ Investment Banking division in their technology/defense mergers and acquisitions team. David holds a Harvard MBA (Second Year Honors) and a Yale BA with a double major in Economics and Psychology (with Distinction in the major). While in college, he founded an IT consulting group specializing in serving nonprofits.
David is the author of The Virtual Handshake: Opening Doors and Closing Deals Online, and has published research on investment best practices in Harvard Business Review, the Journal of Private Equity, Institutional Investor, Entrepreneur.com, PE Hub, Techcrunch, and VentureBeat. David is cofounder of PEVCTech.com, an online community focused on helping private equity and venture capital funds make better investments through technology.
He is married and has four children. David grew up in Marin County, Northern California. He trains in parkour and bodyweight exercises. He speaks passable French and Hebrew but has completely lost the Portuguese he learned while working in Brazil.
He founded the “Ambassadors at Large” organization for the 2020 Biden/Harris Presidential campaign.
Please sign up for his mailing list at teten.com, where he writes about entrepreneurship, investing, and life hacks. You can also follow David on social media at:
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1 Why We Wrote This Book
David Teten
Partway through Yale, I realized that I was surrounded by kids who had advantages I didn't. They were walking right through doors I didn't even know existed.
All my classmates seemed to have attended elite boarding schools and have parents who worked on Wall Street. Meanwhile, my mother was a choreographer, and my father left school in Paris at age 13 to apprentice in a leather goods factory. I had friends getting internships at Goldman Sachs freshman year; I thought Goldman Sachs sold ladies’ handbags.
I had aspirations to have children myself, and I started taking notes on what I was learning about how to “work the system.” I wanted my kids to have the systematic understanding that I lacked. As I advanced, I took more notes, planning to eventually publish a book, but waiting for the right time and coauthor. I finally realized that I had known the right coauthor all along: Mandee Heller Adler, a friend who overlapped with me at Harvard Business School.
As I've learned more since Harvard, I realized what skills really matter for the next generation. Seth Masters, former chief investment officer (CIO) of AB (a $500 billion investment management firm), observes that young people have to be ready for an environment where functional skills depreciate rapidly; where the information economy will be dominant; and where few people will spend a career in the same job category … let alone the same firm.
You need the skills that you can learn in class: how to absorb information, how to ask questions, how to write well, how to be a good team member, foreign languages, programming languages, etc. But you also need skills you will really learn only in a work setting, even if that work setting is a group of students running a club. For example, how to pitch yourself; how to pitch a product; how to build a team; how to run a team.
We certainly think you should take your classes seriously and get good grades. But for most people, the exact material you study in school is far less important than learning how to learn, given how fast skills get out of date.
When I was a junior in college, I suddenly realized there was a whole world of institutions who wanted to give me money or give me a free education, just because I was a young person. Free stuff? Sign me up!
I literally laced up my sneakers and spent 3 hours jogging to every single academic department at Yale, copying down information from the posters on each department's bulletin boards. As a direct result, that year:
I entered a writing contest and won a cash prize.
I won an award from the Yale English department.
I won a scholarship to spend a week at Mount Holyoke College studying German Studies and Europe.
I won a scholarship to study political philosophy for a week in the Czech Republic.
I won a scholarship to spend a long weekend at the US Military Academy (West Point) studying national security issues.
It's not that I was such an amazing candidate. It's just that I applied. Most of my peers were unaware of these opportunities.
We'll save you the jog. We have listed in this book all of the most selective generalist programs we have found and also how to find the niche programs relevant to your particular major and situation. Almost all of these programs are free or highly subsidized, and some are not as competitive as you may think. Taking summer classes is great, but you may get even more value from some of the programs we list.
The opportunities we list not only expose you to new disciplines and parts of the world, but they also look amazing on resumes and graduate school applications! We also list programs focused on young professionals, as opposed to current students. We think it's helpful to have on your radar programs that are relevant for your future self, not just your current self.
One of the reasons people pay so much to attend university is the breadth of the alumni base. But over time I realized that you can meet great people regardless of where you went to school … if you put yourself in other, equally challenging environments. The programs we list are not graduate schools, but they are the functional equivalent of the Ivy League. And what's more, they are often easier to get into because fewer people know about them.
When we were near the finish line of writing this book, suddenly the COVID‐19 pandemic hit globally. This disruptive crisis is making both companies and people rethink the value of formal, in‐person, traditional education. For hundreds of years, most people thought that it was mandatory to live in close proximity with other young adults to get an education. Now people realize that's not necessarily the case.
I'll share another reason I wrote this book: Just like your parents, I have a lot of advice I'd like my kids to follow. And you, like most young people, sometimes don't want to follow your parents’ counsel. But one trick I've learned in raising four kids: if good advice comes from anywhere OTHER than my wife and me, my kids are far more likely to pay attention. So, I'm going to give this book to my kids. Because it looks official with a pretty cover, they're far more likely to heed it.
Your early career years are like the initial financing round for a start‐up company. If you don't hit your key milestones during the critical age 18–23 time period, the next stages get increasingly more difficult.
The core theme of Atul Gawande's book The Checklist Manifesto is:
Checklists improve performance, even saving lives, but …
Most people resist using checklists.
I agree with both of these points. Our goal here is to create a set of checklists for your life in