The $100 MBA Show MBA2709 Should You Start Something New?
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Nov 28, 2025 Struggling with whether to pursue a new venture? Discover practical filters to evaluate your ideas, starting with checking your true motivation. Learn the 70% rule for readiness and weigh opportunity costs before diving in. Omar shares strategies for quick, low-cost tests to gauge market interest and emphasizes the importance of aligning new projects with your lifestyle. Plus, he highlights the value of innovating within existing projects and the necessity of focus to ensure success.
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Check Your Why First
- Check your motive before starting something new; distinguish boredom from a lasting calling.
- If the idea lingers for weeks or months, it's more likely worth pursuing.
Reach 70% Autonomy First
- Get your current business to at least 70% autonomy before launching something new.
- Aim for 80% so you only need to check in about five hours per week.
Opportunity Cost Is The Silent Tax
- Every time you start something new you sacrifice time, energy, and other opportunities.
- Opportunity cost forces you to ask what will stop happening when you say yes.