Question 1

How much is the MBA program?

Accepted Answer

The total cost of the programme is £22,800, in which you launch your dream business in partnership with a successful entrepreneur as your mentor for 18 months, and get an MBA degree at the same time.

Question 2

Is this an accredited course?

Accepted Answer

Yes. The MBA degree is provided by Oneday, a member college of Woolf, an accredited Higher Education Institution. Woolf degrees use the ECTS system and are recognised in more than 60 countries.

Question 3

Do I need an existing business idea?

Accepted Answer

No. The early week of the program will encourage all students to work through a specialist business ideation stage.

Question 4

How will it be assessed?

Accepted Answer

Students will not be required to write essays, dissertations or sit exams. All assessments will be based on the practical application of knowledge to your business idea. For example, the quality of your business plan or investor pitch deck.

Question 5

Is there foreign travel included?

Accepted Answer

No. Students will need to pay extra if they want to participate in the trips to Oneday's global launch houses.

Question 6

Will I need to invest my own money?

Accepted Answer

No. The course will cover a range of different ways to fund the development of your business, including accessing small-business loans from a government backed-bank, and pitching for investment from business angels and venture capitalists.

Question 7

What happens if existing users decide to change their business idea during the course?

Accepted Answer

Pivoting your business is a core part of the entrepreneurial process. Most people will do this during the course of the program, it's something to be embraced.

Question 8

Can I request moving to a different mentor once the program begins?

Accepted Answer

Yes. We will always try and match you with a mentor who has built a business in a similar industry. That said, sometimes ideas change, or founders and mentors don’t click. If you want to move to a different mentor, please contact the Customer Experience team (from the ‘Help’ widget in the bottom right-hand-side of the Oneday platform) and we will send you some great options to choose from.

Question 9

What is your refund policy for the Woolf MBA program?

Accepted Answer

Oneday is totally committed to its founders. We will always work with you individually to ensure that you get what you need from the program, that you are matched to a great squad, and are getting maximum benefit from your mentor. The one month ‘cooling off’ period All founders are entitled to a full refund within the first full month of the program starting. The ‘cooling off’ period starts from the Monday of the week of your first squad meeting. What if I want a refund after the end of the ‘cooling off’ period? If you want to leave the program at another point during the 18 months, then please contact the Customer Experience team (through the ‘Help’ widget in the bottom right-hand-side of the Oneday platform). Once you have spoken to a member of the team, you will receive a refund on all remaining tuition owed up to and including the month you make the request. So if you are in month 12 when you make a request, you will be refunded for the 6 remaining months, in addition to month 12 (this would be 7/18ths of your full tuition). What if I am on a monthly plan? Founders paying monthly, will continue to pay at the same installment rate until they have paid up to the final full month they spent on the program. So if you are in the middle of month 12 when you make a request, you will continue to make installments to cover 11/18ths of your full tuition.

Sprint Goal

The fundamental importance of the value proposition

Nina Mohanty

Meeting preparation

To-do

Build your business

Assignments

Complete William Jewell College admissions paperwork

Fill out your personal development plan here

Further Progress

To-do

The fundamental importance of the value proposition

Sprint Goal

Watch Masterclass and complete the required reading

Nina Mohanty

Attend a squad meeting, led by the Mentor

Meeting preparation

To-do

Work on your assignment and meet with your 121 Mentor

Build your business

All assignments are due on Sunday at 11:59 pm (your local time) after your sprint 1 squad session

Assignments

Complete William Jewell College admissions paperwork

Fill out your personal development plan here

Curiosity is one of the most common habits of successful entrepreneurs

Further Progress

To-do

Common questions addressed

Sources of Pain

Nina Mohanty

Validation Interview and Narrowing Down your Niche

Mike Pryke