Happy new year from the Barefoot MBA! 2017 marked our tenth anniversary, an important milestone to reflect on how far we’ve come in a decade. (See below.)
It gives us great joy to know the Barefoot MBA is now nearly self-sustaining. It gives us almost as much joy to know how it’s being used. Please continue to let us know how you’ve used or hope to use our materials. We welcome your stories, your photos and your feedback.
This week marks the tenth anniversary of our first Barefoot MBA pilot.
A lot can change in ten years – progress, priorities, partnerships. And a lot can stay the same. In addition we still need help, especially with this site, partnership ideas and adaptation opportunities.
Here’s what’s changed:
Progress: When we boarded a plane to Bangkok to pilot the Barefoot MBA with the Population and Community Development Association (PDA) a decade ago, we were hopeful for what we could do for one organization in a summer. Our pilot of a few lessons that July gave PDA the tools it needed to roll out the entire curriculum to multiple sites across Thailand. That paved the way for other organizations to follow, in at least a dozen countries around the world. Our website has received traffic from another two dozen countries.
Partnerships: We are grateful to PDA for the success of the Barefoot MBA. If not for its leadership, inspiration and willingness to take a risk on a pair of business school students, we would not have such a strong early foundation to prove ourselves to the partners that followed.
Priorities: Our priority remains making basic business education freely available to anyone, anywhere. But the way we have done that has shifted, from our high-touch, on-the-ground approach to a more passive one. Instead of being constrained by our availability to physically be on the ground to adapt the Barefoot MBA (which we are still happy to do), we have solidified a model that lets organizations adapt the materials themselves while we support them from afar if necessary. Our first independent adaptation happened within 18 months of our pilot. We reached self-sufficiency 6 years ago, and it is perhaps our proudest achievement.
Here’s what hasn’t: Principles. We created the Barefoot MBA because we saw a need for freely available basic business education for even the smallest-scale entrepreneurs. We have sustained it because we see what a difference it makes. Ten years later, and in mostly hands-off mode, we still get new requests. And we still find a way to work with any prospective partner who is true to our principles. That has meant turning down offers to monetize our work – and we are OK with that.
And here’s the other thing that hasn’t changed: We are still looking for help. Not with the materials – those, mercifully, are well tested. But we would be grateful for assistance with:
Web development: Our blog-turned-website is also approaching its tenth anniversary and could use a simple refresh by a talented and creative developer.
Partnership ideas: We are always seeking new partners, domestically and abroad. In general, our partners have been organizations (generally but not always nonprofits) with proven infrastructure and a community eager to learn basic business but lacking the tools to do so. These organizations adapt the Barefoot MBA, with our guidance as necessary and desired, and maintain our spirit of making basic business education freely available to their clients.
Adaptation opportunities: In addition to additional partner organizations, we welcome introductions to volunteers interested in working with partners to adapt and share the Barefoot MBA.
We are grateful to Stanford’s Graduate School of Business, particularly its Service Learning Program and Center for Entrepreneurial Studies, and the dozens of individuals and organizations that launched us a decade ago and continue to support our mission. We look forward to sharing the next ten years with you.
Happy new year! Ten years ago this week the seed for the Barefoot MBA was planted. Though our updates to have been less frequent, our mission continues. As always, we welcome updates on how you’ve used or hope to use our materials.
Five years ago this week we piloted the Barefoot MBA with villagers near Lamplaimat, Thailand. The world has seen plenty of progress since then: Five Nobel Peace Prize winners. Two new countries. The birth of the world’s seven billionth baby. The Barefoot MBA has seen plenty of progress since then too: eight published adaptations in five languages. Reaching every inhabited continent. A thriving tool, largely without our direct support. We can’t promise to become the next Nobel Laureates or reach all seven billion people in all 195 countries, but five years of progress in basic business education is a pretty good start.
The Barefoot MBA is a tool we created in 2007 to teach basic business to anyone, anywhere through a collection of modular, adaptable lessons. After a successful pilot that summer, we started spreading the Barefoot MBA. We continue to run it as a labor of love.
In five years, we’ve supported adaptations and implementations in nine countries: Cambodia, Guatemala, Kenya, Nicaragua, Philippines, Rwanda, Thailand, Uganda and the United States. In addition, we’ve heard about adaptations and implementations in India, Malawi, Nigeria and Uganda. Adaptations are underway in at least three other countries. And that’s just what we know about. We regularly hear anecdotes of others spreading the word about, if not also using, our open-source tool. The nature of our work makes an exact number impossible to pinpoint, but we know we have reached several tens of thousands of people around the world.
We’ve presented to leaders in social entrepreneurship. We’ve been covered by local and national media. The founder of the Thai NGO that incubated our pilot even mentioned us in his TED talk (starting around 10:45).
Four years ago this month we first piloted the Barefoot MBA. Since then we’ve expanded from 1 country to 12 (that we know of), 2 creators to countless partners and volunteers. We’ve reached people on every inhabited continent, including thousands of participants. Some of their stories are below; many don’t reach us. And we’re still serious about our lofty-sounding goal to reach anyone, anywhere.
So we begin our fifth year not with another recap of how far we’ve come but with a plea to you, our readers, for two things:
Website redesign and relaunch: Our blog-turned-website was adequate in the Barefoot MBA’s infancy, but a well-designed, robust site could help expand our reach
Adaptation and translation assistance: Our curriculum can go only as far as it’s understood, which for now means locations that can leverage existing adaptations. Spending a few days in local markets should generate enough information for a new adaptation, and fluency in local language means translation should take no more than a few hours
If you’d like to help, or know someone who might, please comment on this post or e-mail us at firstname.lastname@example.org.
And if you haven’t already, feel free to like us on Facebook and follow us on Twitter.
This month marks the third anniversary of our first pilot — and an opportunity to summarize and share our progress in the last year:
Completed adaptations: We’ve worked with partners in the Philippines and Rhode Island to adapt the Barefoot MBA and develop multi-day workshops. In both places, the Barefoot MBA has extended beyond the original training group: In the Philippines alone, it’s on track to exceed 3,000 recipients
Expert advice: We regularly share advice and input for complementary work. This winter, our input was included in a Columbia Business School team’s report on mobile learning for Frogtek
New partnerships: We are exploring partnerships in China, Rwanda and a U.S.-based organization that works on three continents. We are eager for new partnerships, especially in geographies we have not yet touched
Videos: We’ve (finally!) posted videos that the Stanford GSB created when the Barefoot MBA was in its infancy
As always, that’s just what we know. Our social media efforts on Facebook (become a fan!) and Twitter have expanded our reach to new people and places. Our blog-turned-website continues to get hits from every inhabited continent, and we continue to hear second- and third-hand of others adapting the Barefoot MBA to their needs.
We look forward to another year of progress ahead — and, as always, to your continued support and feedback.
In the Philippines, GIVE and the Inner City Development Corporation (ICDC), one of the participating organizations in last year’s train-the-trainers workshop, have set up an entrepreneurship center in Manila that provides, among other things, Barefoot MBA lessons. The center is set up as a co-op, with a membership cost of $20 payable via microloan. Of the borrowers, 40% are single mothers; the co-op provides child care.
Zeny, one of our participants in the Philippines, is leading the charge for ICDC, which so far has trained more than 1,700 borrowers with the Barefoot MBA. She has noticed increased savings rates among participants, and GIVE is helping to collect supporting data. Zeny recently traveled to France, where she met with donors and shared the benefits of the Barefoot MBA.
GIVE sees a need for a similar center in Phnom Penh, Cambodia. In addition to looking into making that a reality, it hopes to run a training this fall similar to what we ran in the Philippines last summer.
We are encouraged by our partners’ progress in the Philippines and Cambodia and look forward to more to come.
Three years ago this week, the Barefoot MBA began as but an idea. Since then we’ve come a long way.
2009 in review:
First U.S. adaptation, by the Capital Good Fund in Rhode Island, whose version is also the first “green” adaptation, supporting the growing concern for and awareness of environmental impact of human activities
Partnership discussions with a range of organizations in the U.S. and abroad, including Frogtek (Latin America), Wokai (China) and the Grassroots Business Fund (Latin America, Africa, India, Southeast Asia)
Increased awareness, of the Barefoot MBA specifically and social causes and the benefits of financial education broadly. Established organizations like Goldman Sachs and Deloitte recently introduced related initiatives, adding credibility to an emerging field