Lets do some cost benefit analysis of a 2 year full time MBA and one of these new personal MBA's. Check this site out www.personalmba.com
The cost of a modern day 2 year, full time MBAGMAT = $500
ADMISSION FORMS = $500
EDUCATION 2years ~ $100,000
(at a not expensive, non ivy league, non worth it college)
OUT OF OFFICE 2 years ~ $15,000
BOOKS etc ~ $2,400
2 years @ 100/mth
Total expense = $253,400How about a Personal MBA = FREE !!
Check this out, the manifesto of the personal MBA by
Josh Kaufman
"Top MBA programs don't have a monopoly on advanced business knowledge: you can teach yourself everything you need to know to succeed in life and at work. The Personal MBA Recommended Reading List features only the very best business books available, based on thousands of hours of research. So skip b-school and the $100,000 loan: you can get a world-class business education simply by reading these books"
So by reading these books you can save your 250K and also get all the knowledge you need.
What do you think ? I think its worth a shot, all that i need is a couple hundred to get some of these books to get started.
Start reading, implementing, networking, communicating and keep your eyes and ears open. That should take you a little ahead and yeah not have a hole in your bank (if it is still running )
I love this picture by the way, creative way of getting your point across.