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Where leaping to conclusions is my primary form of forward motion.

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The Personal MBA (#15)
Posted: 3/2/2004; 12:00 PM by Terry Frazier
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When I set my personal goals for 2004 I decided one of them was to start graduate school. The logical way into that, for me, was to find and enter an executive MBA program, but before I could start the MBA I had to take the GMAT. So since mid-January I've been taking weekly GMAT prep courses to get ready. The reaction this gets from friends, colleagues, and co-workers has been decidedly mixed, with several of them clearly thinking the pursuit a waste of time.

Pursuing higher education is the sort of thing that one need not justify to others, but still I think it's worth explaining here so the next time someone launches into all the reasons I don't need an MBA I can just point them here.

Let's start with the obvious -- I am fully aware that I am self-employed and I neither expect nor hope to get an executive position with a major corporation. Getting an extra $30k/year in executive salary from Viacom/Exxon/ConAgra/Tyson/ComCast/Walmart/Microsoft/Nokia/BellSouth is not my motivation.

As a self-employed person the amount

I am also aware that I have to pay for the program, and I have made my own ROI calculations based on both the actual and opportunity costs for the time and dollars it's going to take me to complete the course.

(post in progress. To be continued...)

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