Are you looking for a ThePowerMBA review? If you want to make money online, you might have heard of ThePowerMBA. But you may wonder if he is a scam.
It’s my passion to help people learn about online money-making opportunities. Over the years, I’ve reviewed a number of programs and softwares like ThePowerMBA.
In the past week, I have thoroughly researched ThePowerMBA so I can tell you more about it.
As a disclaimer, I’m not affiliated with ThePowerMBA. It means I’m not paid to write this review. So you can be sure that my words are unbiased.
At the end of this review, I’ll also tell you a better alternative that has enabled me to make a full-time passive income online.
In this ThePowerMBA Review, I’m going to cover the following.
What is ThePowerMBA?
It is misleading to call it ThePowerMBA because you will not receive a degree that will be recognized anywhere.
The main focus of this course is to teach you how to build an online business in the broadest sense possible. Students learn how to become digital marketers and run an online business.
This type of training is widely available. However, this is the first time I’ve seen one marketed as an MBA.
In the end, you won’t receive an MBA or a degree from this course.
While ThePowerMBA is marketed as an alternative to an MBA, taking this course is not the same as getting one.
Companies, schools, or anyone else are not supposed to recognize it as an MBA.
It’s decent training, but very diverse. Business models you learn here won’t be anything you can use right away to start your own company.
An overview of various business models is all you get instead. In order to really understand the business models, you may need additional training.
Who are The Instructors of ThePowerMBA?
With the Power MBA, you get the impression that the course is taught by the most powerful and influential business people around.
There’s the Tesla co-founder, Netflix, Shazam, Youtube creator, and many more on the sales page.
However, this is a very misleading statement.
Even though some webinars might be more like interviews, you won’t be taught by these people.
The course itself is taught by other people. If you had been expecting to learn how to start a business from people like Netflix or Youtube, you would not be getting that kind of training.
An Overview of ThePowerMBA
There are 9 modules to this program. Here is a breakdown of what each module includes:
Model 1 – Business Model Innovation
In this section, you can choose a business model that fits your situation. That said, this won’t actually provide you with a money-making business model.
There are a few sections to this. Take a look at some of the sections:
- Business Model Analysis – Learn about business models in this section.
- Engines Of Growth – You’ll find out how online businesses grow and how to grow your business.
- Segmentation And Targeting – Using segmentation and targeting, you can identify and understand your most valuable customers.
- Value Propositions – These are the products and services that you provide.
Module 2 – Testing Business Ideas And The Lean Startup
The purpose of this section is to teach you how to launch your business without spending a lot of money.
A good business model is one that fits the needs of the company and does not require a lot of effort.
Module 3 – Business And Marketing Strategies
In Module 3, you will learn your marketing strategies and how you will reach out to customers.
Here are some of the things you get:
- Blue Ocean Strategy – The goal of this strategy is to identify new strategies for new markets.
- Industry Analysis – Discover how to analyze competitors in your industry.
- Corporate Growth Strategies – This section provides information on growing your business.
- Brand Strategy – You will learn how to build a brand through brand strategy.
- Pricing – Your final module in this course will cover how to price your products or services.
Module 4 – Leadership
This module deals with leadership and developing your skills as a leader throughout your business’ journey.
Module 5 – Entrepreneurship And Fundraising
In Module 5, you will learn everything you need to know about entrepreneurship and fundraising.
- Preparing yourself for success
- Building a team
- Finding investors for your project
- Getting in touch with investors and the best time to contact them
Module 6 – The Power Of Being A Digital Marketer
The online marketing world is unique, and you need to learn certain things if you want to succeed.
The purpose of this section is to teach you how to do that.
Take a look at what you get in this section:
- Understanding the differences between digital channels
- Creating a sales funnel
- Converting a potential customer
- Getting traffic to your website
Module 7 – Finance And Accounting
Finance and accounting become increasingly important as your business grows. In this section, they will discuss both of these topics.
Module 8 – HR And Talent Management
It’s going to take a lot of effort on your part to manage your employees and create a positive work environment. You will learn how to do that here.
Module 9 – Disruptive Tech In Business
In Module 9, you will learn about the new technologies you are likely to encounter in your industry.
What I don’t Like About ThePowerMBA
There are too many jargons in ThePowerMBA.
The Power MBA sales page used the term “disrupt” perhaps a million times.
Jargon is an industry-specific language that is hard for non-industry people to understand.
Most lawyers use legal jargon that is not understandable to most people. By the same token, there is a lot of jargon in this course, and it is terrible.
Each concept is described in the most complicated and difficult way possible.
The Power MBA creators seem to have gone out of there way to use as many business/marketing terms as possible.
Jargon-users typically want to appear smart, so they use a lot. People often use jargon to cover up the fact that they don’t know anything.
No matter what the reason for all the jargon, it is difficult to understand.
ThePowerMBA is priced at $995.
You have a few payment options. The first is to pay in 2 installments at $518 each. The second option is to pay in 3 installments at $354.
Lastly, you may choose to pay in six separate instalments at $184 each.
Within 15 days, you can request a refund.
Personally, I don’t think it’s worth the high price.
In this course, you won’t learn how to build a profitable business.
You will only be exposed to the most common business models found on the Internet by your instructors. As a result, you won’t learn any strategies that will give you an advantage.
Therefore, you need to come up with your own ideas about what to do.
In fact, if you just want to gather business ideas, you can simply visit YouTube.
There is no need to pay $995 to hear it from ThePowerMBA coaches.
1. Good refund policy
There is no question asked, but 15 days is not long.
1. Training is too general
You might want to learn about a specific business model if you’re a newcomer to the online world. You can find more than general business training on YouTube for free.
2. Too expensive
You can find a number of free online courses to learn how to set up an online business. There is no need to spend nearly $1000 to know about what business models are available.
3. Uncomparable to a MBA
The value of an MBA is much greater. There is nothing similar to getting an MBA in this course.
Is ThePowerMBA A Scam?
ThePowerMBA is not a scam.
I just don’t really like general business training. It is better to learn just a business model.
If you’re just looking to learn more about online business models, you can simply visit Youtube.
Is There A Better Alternative To ThePowerMBA
If you are still unclear about what business model to begin with, I suggest you play it safe by starting with affiliate marketing.
In affiliate marketing, you can run your business almost with zero cost. Most importantly, you don’t need to invest in creating and developing any products.
But How Much Can You Earn in Affiliate Marketing?
A 21-year old student from my #1 recommended training platform of affiliate marketing was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods and affiliate marketing.
Wealthy Affiliate has existed for more than 10 years and there are many success stories over the years.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has a free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.