211. How to get a $230K MBA for Free w/ Alan Donegan and Simon Paine

<table> <tbody> <tr> <td> <p>MIT (Sloan)</p> </td> <td> <p>$237,636</p> </td> </tr> <tr> <td> <p>UCLA (Anderson)</p> </td> <td> <p>$220,112</p> </td> </tr> <tr> <td> <p>Michigan (Ross)</p> </td> <td> <p>$193,720</p> </td> </tr> <tr> <td> <p>UC-Berkeley (Haas)</p> </td> <td> <p>$203,068</p> </td> </tr> <tr> <td> <p>Dartmouth (Tuck)</p> </td> <td> <p>$230,080</p> </td> </tr> </tbody> </table> <p> </p> <p>These are the 2019 estimated total costs of completing a masters of business administration at the above noted institutions. As expensive as this sounds, an MBA continues to be a reliable magnifier of salary potential. According to a 2018 survey by the Graduate Management Admission Council, 2016 and 2017 grads saw their post-MBA salaries rise by a median of $40,000. Among respondents surveyed, 82% agreed that B-school increased their earning power.</p> <p>But is it worth it? While no one would argue that the next CEO of a billion dollar multinational company is well served by these two expensive years of education, the grand majority of us have much less lofty aspirations.</p> <p>Maybe we want to start our own small business venture. Create a product or render a service. Free ourselves from the constraints of employment and control our own destinies. Live the great American dream. What sort of education will serve us best?</p> <p>When Alan Donegan went to a traditional business support service To get help with his business idea the experience was so off putting that he almost gave up. A<span style= "font-style: inherit; font-weight: inherit;" data-contrast= "auto">lan’s</span><span style= "font-style: inherit; font-weight: inherit;" data-contrast= "auto"> three-page letter of complaint landed on the desk o</span><span style="font-style: inherit; font-weight: inherit;" data-contrast="auto">f</span><span style= "font-style: inherit; font-weight: inherit;" data-contrast= "auto"> Simon Paine who met Alan for coffee for what was to become the beginning of a movement to democratise entrepreneurship.<br /> <br /> What Sim