{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/9adaa9360878470bbd93934c99450a39\" frameborder=\"0\" width=\"1496\" height=\"1122\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1122,"width":1496,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1122,"thumbnail_width":1496,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/9adaa9360878470bbd93934c99450a39-e47e180820b9bebc.gif","duration":239.055,"title":"The Real Cost of an MBA","description":"This Loom argues that spending about a quarter million dollars on an MBA is a major waste and makes the case for learning to buy a business instead. The speaker says they bought an accounting firm valued at $1.05 million at age 22 without attending Harvard or Stanford, after 10 months of searching 500 businesses and having five deals fall apart. They negotiated $665,000 in seller financing loans and then learned the real challenges of ownership through managing seven employees, payroll, hiring, firing, and cash flow. They describe their program as a modern business school focused on the acquisition process, including templates, an acquisition CRM, live calls, and a community, emphasizing active deal work rather than watching videos."}