Alex Hormozi calculated that a top MBA would cost him $240,000 in combined tuition and opportunity cost, and chose to start a business instead.
Snapshot · The Diary Of A CEO with Steven Bartlett
Alex Hormozi calculated that a top MBA would cost him $240,000 in combined tuition and opportunity cost, and chose to start a business instead.
Where this was said
At 34:01 · chapter starts 33:15
For six months, Hormozi had a pre-canned answer ready — MBA, then start a business 'someday.' He could say it in his sleep. It was only when he stress-tested the logic that it fell apart: business school starting salaries were $120,000, tuition was $60,000 a year, and the opportunity cost across two years added up to $240,000. Against a question on his application asking how a Booth MBA would serve his long-term goals, he sat for three days and had no answer. The decision to skip the MBA wasn't courage — it was arithmetic. The story is also about something more fundamental: a $46 million exit he almost didn't take because he was afraid one peripheral person in his life wouldn't think it was enough.
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