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Frequently Asked Questions (FAQs)

  • Are the courses really free? What's the catch? 
    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. 
  • How is My Own Business Institute different from other online resources? 
    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.
  • What is the biggest mistake people make in taking these courses? 
    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.

  • Why am I unable to login? 
    Usernames and passwords are case sensitive. Check the CAPS LOCK key on your keyboard and confirm you are entering in your correct username and password. For more information please Contact Us.

  • How long does it take to complete the courses? Do I really need to take the quizzes? 
    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. 
  • Can I get a receipt or letter saying how many hours it took me to take the course? 
    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.
  • Is there a time limit to how long I have to take the course? 
    Everyone learns at his/her own pace. Take as much time as you need.

  • Is there only one opportunity to take the final exam? 
    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.
  • How will the Certificate of Completion help me? 
    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.
  • When and how will I receive my Certificate? 
    Upon successful completion of the final exam, you will immediately be able to download and print your certificate of completion.
  • Can I take this course even though I am in another country? 
    Yes. Many of our students come from outside the United States.

  • How will the course relate to me in another country where the laws and the government are different? 
    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.