The $100 MBA Show

Ready to rock on your own?If you want the freedom of entrepreneurship, but don’t see yourself running a team — for now —  there are lots of ways to generate income all by your lonesome.Today, we discuss which business models work best for the solopreneur, and help you decide which path is suited to your goals and talents. Whether by freelancing, selling information-based products, and more, there’s a way forward for everyone.Whether you intend to start solo and scale up later (like Omar did), or fly solo all the way to your entrepreneurial destination, today’s episode can help you get started.Pro tip: whatever you know, you can sell. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Are you bringing in the same amount of money as last year?…and the year before that?If you’re spinning your wheels on revenue, it’s time to try something new. But what?Today, we explain how breaking out of a revenue rut is less complicated than you might think. It doesn’t take sophisticated marketing or a massive sales bump. In fact, it all comes down to 3 factors you can manipulate with relative ease.That’s right — this is advice you can start using immediately.Tune in for this detailed, actionable plan you can use to figure out where the best source of increased revenue should come from. With a little experimenting, you can find out what moves the needle, and start moving it. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

One of our favorite insights comes from Jim Rohn, who said that everyone is the average of the 5 people they spend the most time with.That’s perhaps even more true for entrepreneurs.Starting your own business takes a certain kind of personality. It’s a very different approach to life, one that works best if it’s supported by like-minded friends and colleagues.It’s Q&A Wednesday, and we’ve got a listener who recognizes that, but isn’t sure how to act on it. They know their current social circle just…doesn’t get the whole entrepreneurship thing, and they want to find a new crew.But where?Today, we discuss exactly where to go and what to do in order to make the connections — and friendships — that will serve you better as an independent business person. Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

It’s time for you to let you go.Seriously — there’s incredible value in learning how to step back from your own business. Why? Maybe you’ll want to sell one day. Maybe you’ll want a less hands-on role. Maybe you’ll take a month (or 6) off! …or maybe, you’ll want to make your income 100% passive.There’s a million good reasons to find out what taking your hands off the wheel would look like, even if you’re not ready yet. Today, we challenge you to conduct an experiment, to see exactly what shape that process would take.Small business founders often start by doing everything themselves. Too often, we forget that at some point, that’s no longer sustainable. We risk becoming a bottleneck in our own business — and risk losing the freedom that brought us to entrepreneurship in the first place.Learn how to let go, so that when the time comes, you’re ready. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Can fiction offer practical business advice?It sure can. That’s what Omar discovered when he (finally) read George S. Clason’s The Richest Man in Babylon, a tale set thousands of years ago with made-up characters sharing lessons about life, business, and wealth.This powerful book offers 7 principles, or “cures” to poverty, that are just as valid in the real world as they are in the fictionalized Babylon of the story. Discover what these 7 principles are, and why this book’s insights will always be relevant — as long as human nature remains human nature. This timeless tale can actually make you a better entrepreneur!Hear how it impacted Omar, and how you can apply its lessons in practical terms.Click Play!The Richest Man in Babylon by George S. ClasonDiscover all our must-read book reviews at https://100mba.net/bookreviews.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

More research and preparation went into this episode than any we’ve done before. It’s that important.Break out the notepad, and get ready to learn what is inarguably, logically the single best way to become wealthy. It’s not about inventing a magic product, or manipulating the system in some way. It’s about a slow, steady, tortoise-and-hare build to a financial situation in which you’re no longer trading your time for money.Today, Omar shares how for a very long time, he pursued wealth in the wrong way — and what made him change course. Most of us don’t grow up wealthy, and as a result we learn the wrong lessons about how wealth is created. Those bad lessons follow us into adulthood, even after we acquire money. Which is exactly why we fail to build on our successes effectively.Get the details, and start thinking about your path to wealth. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Personal finance is different for entrepreneurs.For the conventionally employed, so many expenses and lifestyle choices are dictated by the job. But for independent business owners, the equation is much more flexible.Unfortunately, not every entrepreneur takes advantage of that fact.Today, Omar offers advice from his own experience on how to do better financially in your private life, even as your business goes through its normal ups and downs. By leveraging the unique freedom entrepreneurship offers, you can get a leg up that regular folk simply don’t have access to.It’s just a matter of customizing your lifestyle.Hear the questions you should be asking yourself (or your accountant), and start figuring out if there’s untapped financial potential in your life. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

It’s a great problem to have: being forced to choose between good, steady pay and the opportunity to start your own business.…but it’s a problem nonetheless.It’s Q&A Wednesday, and one of our listeners is in a big ol’ success pickle! They put over a year into building their own business on the side, while simultaneously working an unrewarding dead-end day job — or so they thought. Just as the time to make the final leap to entrepreneurship was approaching, the day job offered our listener a huge promotion (and a sizable raise). We’re sweating just hearing about it.Today, Omar helps this listener — and anyone in a similar position — make one of the biggest calls ever. The key to finding the “right” answer? Taking a deep, hard, honest look at what really matters to you. Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

There’s money to be made in the software game — even if you couldn’t code your way out of a wet paper bag.Entrepreneurs looking to make online income (even the “passive” kind, insofar as that exists) can’t do better than SaaS products. There’s no inventory, no shipping, and lots of recurring revenue month after month. And if you choose…there’s no software engineering involved.How? Affiliate marketing is how.You can make an entire income by piggybacking off someone else’s software. The key is to find the audience you have the most credibility with, and steer them towards the affiliate products you can honestly recommend.Hear our breakdown of how to get into the affiliate software game, and start pulling in that dough. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Whatever you’re worried about, it’s probably not that big of a deal.That can be hard to hear. It can be hard to acknowledge. But it’s also very, very true.Today, we review a classic: Don’t Sweat the Small Stuff by Richard Carlson. Omar first read this book 17 years ago, well before he became an independent business person. But since then, he’s read it — and referred back to it — over and over.Some books just stick with you.In this Must-Read book review, we unpack the philosophy that made this best-seller such an important part of millions of people’s outlooks. By zooming out and putting your stressors in perspective, you can take a much healthier, and even more productive, approach to life and entrepreneurship.Discover all our must-read book reviews at https://100mba.net/bookreviews.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed