Home Madrid language schools Meet the MBA Class of 2024: Alexandra Rico-Lloyd, London Business School

Meet the MBA Class of 2024: Alexandra Rico-Lloyd, London Business School

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“Entrepreneur mother of three school leavers, who built a £45m business at 26.”

Hometown: London, UK

Fun fact about yourself: I had three home births

Undergraduate School and Major: None

Most recent employer and job title: Cycling Club, Founder

What makes London such a great place to get an MBA? I’ve lived in London all my life, it’s one of the most multicultural cities in the world. My son goes to a French-speaking crèche and my daughters go to a Spanish-speaking crèche. Neither my husband nor I speak any language, but our children (ages 3, 2 and 0) are teaching us! I can find Colombian food for my mom (she’s Colombian), have a Korean BBQ with friends one night, and dance the night away at a reggaeton party the next.

London is also a hub for various professions. I can attend a founders breakfast with other entrepreneurs, have lunch with traveling investors in London, and have dinner with e-commerce professionals from all over Europe, all in one day. A few weeks ago I hosted a dinner party in my garden with visitors from New York, Madrid and Holland. There is always someone to meet and something to do.

The London Business School is one of the most culturally and professionally diverse MBA programs in the world. How do you see this global outlook improving the value of your business education over the next two years? I am a Londoner who has lived in London all her life and am about to study for an MBA in London. It may sound quite boring, but I made the decision to stay in London for my family; my husband’s job is here, my family is here and I just bought a house. So, when I looked for an MBA, I was immediately drawn to the diverse cohorts that seem quite unique to London Business School. Already, I have met people from all continents around the world. The most incredible thing is that many of them have such diverse professional and personal experiences. I love how we can learn from each other’s experiences and each brings a new perspective. I have already heard about marriage in Pakistan, banking in Bogota and confinement in Singapore.

Aside from your classmates and your location, What was the key element of the London Business School MBA program that led you to choose this business school and why was it so important to you? The MBA LBS course is quite long. It lasts 21 months, with options to end earlier. Others cover only one academic year. I’ve spent the past six years headlong into building my business, so I want to open my life up to new and diverse experiences. I want to get involved in companies, learn a new language and do some internships. A year just wouldn’t be long enough to immerse myself in academics, as well as the other study opportunities that an MBA provides.

What course, club or activity are you most passionate about at London Business School? Well, I love skiing, so I joined the Snow Club. I have also started a parents club – initially because I wanted to meet more parents, but now I have realized the value I bring as a Londoner in helping international families settle in the UK . I hope we can create a supportive community that will make studying an MBA more possible for students with families. After all, I am passionate about supporting parents in the workplace, so this should also extend to academic institutions.

Describe your biggest achievement in your career so far: I have helped over 40,000 families across the UK to cycle. I shook up the bike industry and helped bring the circular economy to life.

What is one thing you have recently read, watched or listened to that you would highly recommend to future MBAs? Why? Many MBA candidates (not just those applying to LBS) seem to think that studying for an MBA will enable them to start their own business. First of all, I think this is the wrong approach. I’m living proof that you don’t need an MBA to start a business, just like many successful entrepreneurs. I would recommend secret bosses by Dan Murray-Serter and Diary of a CEO by Steven Barltett, two excellent podcasts that explore the idea that being “your own boss” isn’t all it’s made out to be. Both explore the different challenges of entrepreneurship, the inevitable failures and the immense pressure to succeed.

What led you to pursue an MBA at this point and what do you hope to do after graduation? I recently sold part of my stake in my business and was evaluating various options. Ultimately, the next two years will be a time of exploration for me. I need time to reflect on my own successes and failures and explore more of who I am as an individual. I hope to explore a few industries and see where it takes me. I’m open-minded about what that could be, but I know I want to impact the world.

What advice would you give to help potential candidates gain admission to the London Business School MBA programme? London Business School is very interested in admitting open-minded students. You must be willing to learn from others and get to know yourself. Think about what makes you unique. For example, the London Business School designs seating plans for conferences to ensure that you are not surrounded by people who have the same experience as you. It’s fantastic because you’ll learn from a wide range of people. So think about what you bring to your group what sets you apart.

DON’T MISS: MEET THE LONDON BUSINESS SCHOOL MBA CLASS OF 2024