The $100 MBA Show MBA2695 Why You’re Still Poor & How to Get Rich
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Oct 27, 2025 Many work hard without seeing financial results, and traditional advice often misses the core issue. The key problem may lie in trading time for money. Discover the four forms of leverage: labor, capital, code, and media. These can help break the cycle of working without wealth. Businesses create wealth through leveraging these assets, not just jobs. Omar shares his own journey from teacher to entrepreneur and encourages listeners to overcome fears and take actionable steps toward building real wealth.
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Time-for-Money Is A Wealth Trap
- Trading time for money is the main trap that prevents wealth accumulation.
- If your income depends 100% on your personal labor, you cannot scale to get rich.
Leverage Multiplies Effort Beyond Time
- Leverage lets your effort produce results without constant time input.
- Naval Ravikant framed leverage as outcomes that don't require you to be present every moment.
Start By Hiring One Person
- Hire other people's time to free your own for higher-value work.
- Even one assistant or VA can free hours to focus on product, marketing, or growth.