Frequently Asked Questions (FAQs)
Yes, online courses at My Own Business Institute (MOBI) are offered for free to everyone! MOBI is here to help you determine if you have what it takes to be an entrepreneur before you make a financial or emotional commitment. The courses come with an exam and a certificate at the end, to prove completion.
At MOBI, we give small business owners what they need: practical advice that's easy to understand, based on what works. Since 1992, we’ve teamed up with successful small business owners to summarize the essential lessons that every entrepreneur must know. This means that our coursework is directly designed by academics and proven business leaders who have pursued their own road to entrepreneurship.
Many students do not take the courses in their entirety. There are pitfalls explained throughout the Starting a Business and Business Expansion courses that a serious entrepreneur needs to know in order to be fully prepared for decision-making success or moving on to the next level.
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Any serious entrepreneur who plans to risk savings and personal assets in a business should take all the sessions, all the quizzes, and complete all the suggested activities. The Starting A Business and Business Expansion courses are each compromised of 15 sessions. Each session can take 1 to 4 hours to complete to obtain a reasonable level of understanding in each topic. We recommended investing time in the lessons.
Since this is a self-paced course, we do not monitor students' time. However, we do recommend about 1 to 4 hours for each session. This would make each program equivalent to a 15-hour course.
As non-credit bearing courses, MOBI does not issue letters to verify participation or completion. Students, however, can access their gradesheets and quiz scores through their online account. In some instances, a print out of the Outline Report or Complete Report will satisfy the requesting party (e.g., employment agency, potential employer).
Everyone learns at his/her own pace. Take as much time as you need.
Students are urged to take the final exam very seriously. This knowledge is essential to your business. If you do badly on the first attempt, you may take it again, but make sure to learn the material thoroughly.
The certificate proves that you have mastered the content of the course. It shows that you have a very good understanding of business principles and have the tools you need to start or grow a small business. This is important information for partners, lenders, and customers who put their faith and their money in your business.
Upon successful completion of the final exam, you will immediately be able to download and print your certificate of completion. Remember to complete the student survey right after passing the final exam in order to receive your certificate.
Yes. Many of our students come from outside the United States.
Some legal aspects will be different. But, for the most part, the business principles taught are universal. All around the world, small business owners face the same challenges of Marketing, Managing Employees, Finance, Accounting, Business Expansion, etc.