The Personal MBA program founders think that you can understand the fundamentals and mechanics of business by reading a list of books that they have hand picked as the best in the business field. They conjecture you might get close to the same education level as a traditional MBA with much less time and money.
While skeptical that it will line up fully with most MBA programs, I think that this program has the right idea. The best learning comes when one is interested in something and really wants to learn more about it. I am interested in learning more about business and entrepreneurship since I feel that my strengths lead in this direction. It seems that these books will give a high return on time invested, as most of the time I see new connections or learn new skills. While the information might not be applicable right away, just knowing more gives me confidence that I will succeed when the time comes. There seems to be a lot to learn, but it's not rocket surgery either. Many concepts are similar to each other, and having a background in economics probably helps.