Personal MBA - Moving from a hobbie to business...

First of all, I want to congratulate Josh Kaufman for sticking to a "vision". I don't know if Josh believed this could be a business or not, but it appears is moving the Personal MBA closer to actually producing revenue. Now, I don't know Josh personally, only what I've read about him from his blog, posts, sites, etc. - but for all intent and purposes, he appears to be very sharp. Here's a basic time line (times and places are approximate) about the creation of the Personal MBA...

1. Sometime in 2005, there was an article about the COST of getting an MBA - with the questions being, is it worth it?
2. After that article, Seth Godin commented that people need to think about two things - the opportunity costs of not making money for two years and the pure costs of the program itself
3. Josh Kaufman created a Manifesto about the Personal MBA - taking on the task of learning about business by reading a series of books
4. Then Josh created a site for people to discuss these books call the Personal MBA - a basic discussion board
5. A couple weeks ago, BusinessWeek did an article about the Personal MBA
6. Today - Josh announced a "bigger" project, that will utilize web applications built by 37Signals (another favorite of mine) and begin a premium service

Here's what I say about all this -- Good for Josh. He has taken an idea, spent time developing a community around, and now is moving into the possibility of building a business, making real money. For all I know, this could be the next University of Phoenix - or it could die out. Either way, he put himself out there, tried something new. I hope he makes a millions.