Jeff Sandefer talks about free market governance principles applied to the Acton MBA in Entrepreneurship program. Student self-selection, clear contracts, incentives, and belief systems are some of the critical components that he points out. He emphasizes that both teachers and students must be committed to the learning process and develop discipline to continue in the program. Along with directors and professors from Universidad Francisco Marroquín, he analyzes the most important components of the system and which could be applied most readily at UFM. Sandefer ends the discussion by explaining what a master teacher is and the necessary requirements for becoming one.