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“This program is intentionally designed to match the rigor, time demand, and intellectual seriousness of a top-tier MBA, sustained over three years. Participation requires tradeoffs in time, income, and optionality. Are you prepared to make and honor that

Yes

If you select ‘No,’ your application will not be considered further.”

Why are you applying to the Institute for Institutional Entrepreneurship? (What specifically do you believe this program provides that you cannot get elsewhere?)

What does “building an institution” mean to you? (Be specific. Avoid generic answers.)

What are you ultimately trying to build? (Not an exit—an outcome.)

What are you willing to sacrifice to do this well? (Time, income, control, speed, etc.)

Describe the problem you are solving. (Who experiences it, how often, and why it matters.)

Why does this problem persist today? (Why hasn’t it already been solved?)

Who pays for the solution, and why? (Do not say “everyone.”)

What happens if this problem is never solved?

Describe a major decision you made that turned out poorly. What assumptions failed?

What differentiates your enterprise from competitors?

What are the three most significant challenges currently facing the company?

What would success for the company look like ten years from now?

Does the company currently have a board or advisory structure? If yes, describe its role.

How are major strategic decisions currently made within the company? Explain how authority and decision rights are structured.

What systems currently exist to support decision-making within the company?

What structural weaknesses do you believe the company currently faces?

What areas of development would most strengthen your leadership as the enterprise grows?