What is this?
The Next Economy MBA is a nine month project-based learning course for entrepreneurs and aspiring entrepreneurs who want to learn key business fundamentals (e.g., vision, culture, strategy, and operations) from a regenerative, Next Economy perspective.
Why are you offering this course?
Entrepreneurs and aspiring entrepreneurs often want knowledge about the fundamentals of business, but the content taught in the vast majority of MBA programs is based on outdated principles that were developed during the industrial revolution and oriented toward the outcome of producing functional mid-level managers of large multinational corporations. MBA programs are also incredibly expensive, costing roughly $100k-$150k for a two year degree. This ultimately exacerbates the cycle of wealth extraction and forces aspiring entrepreneurs to become reliant on high-salary positions to pay down their debt.
The LIFT team has spent seven years working with more than 100 social enterprises that are building the Next Economy. We have identified patterns that we feel that every entrepreneur should know in order to be prepared for the future of business.
What’s in it for me?
The benefits of participating in this course include, but are not limited to:
Create a Next Economy business design or modify your existing business to be more aligned with creating benefit for all life
Learn about tools, tips, and tricks that you can apply to your own business
Increased confidence in your understanding of Next Economy business fundamentals
Feeling more confident about a career that aligns with your deeper purpose
Supportive peer group that will hold each other accountable to achieving your goals and objectives
Time saved by getting insights from experts who have worked in this field--without having to find all of the information out on your own
Build thought leadership by learning how to publish and speak about the Next Economy
Have the opportunity to influence a burgeoning new way of thinking about how to structure and organize a global shift towards an economy that works for all life.
What does the course outline / content look like?
LIFT’s business design process is focused on four key areas. Here is a brief intro to these four areas and some common themes we will discuss during the course:
Clarify, articulate, and pursue your vision for maximum beneficial impact
Fine-tune your product and/or service design
Learn how to enhance your social and environmental performance while maintaining sound financial performance
Increase your confidence in the direction of the company and focus on your long-term goals
Learn about the mindset shift needed to create a regenerative economy
Reading: The B Corp Handbook by Ryan Honeyman, Drawdown by Paul Hawken,
Strategic recruiting process to find and select the engaged, talented team you want to have
Fully engaged company culture aligned with your objectives and values
Defined values and cultural investments process to develop the highest impact culture possible
Learn about anti-oppression and moving from a scarcity to an abundance mentality
Reading: An Everyone Culture: Becoming a Deliberately Developmental Organization by Robert Keegan, Nonviolent Communication by Marshall Rosenberg
Conduct a gap analysis of the next economy goods and services that are missing/needed in your community
Develop a core value proposition and messaging to differentiate your brand
Attract mission-aligned investors
Cultivate your reputation as a thought leader
Reading: Sacred Economics by Charles Eisenstein, Raise Capital On Your Own Terms by Jenny Kassan
Create or reaffirm a clear organizational structure with documented roles and responsibilities
Create faster and more effective responsiveness to operational needs
Reduce stress and anxiety and create the space to resume the activities you enjoy
Reading: Reinventing Organizations by Frederic Laloux
Who is teaching the course?
The team at LIFT Economy.
When does the course start? What’s the format?
- Course is from January 2018 - September 2018 (nine months)
- Online classes twice per month for 90 minutes
- Small group breakout sessions (e.g., 3-4 person groups) once per month
- Monthly individual calls between instructors and participants as needed
Who should take the course? How many people will be participating?
The course is designed for entrepreneurs and aspiring entrepreneurs. Students, employees, and folks who want to learn more about Next Economy business principles will also find value in participating. The course will be capped at 12 people to keep the discussions focused and to ensure that we are able to serve individual needs.
How much does the course cost?
We have a unique billing method based on trust. The fee for this course is $500 per month, or $4500 over nine months. However, participants will not be expected to pay the full amount at once. Participants will pay on a month by month basis.
For example, there is a $500 deposit required to reserve a spot in this course. Once the course starts, we won’t submit an invoice to you until the end of each month. When you receive the invoice you will be encouraged to adjust the billed amount (down or up) based on the value you feel you received. This means that we have to prove our value to you on a month-to-month basis--and you get to decide if it was worth it.
Are you ready to build an economy that works for all life? Join the inaugural Next Economy MBA cohort today!
Please email firstname.lastname@example.org with any questions or comments.