MBA1137 4 Steps to Make Enough Passive Income For Your Personal Expenses + Free Ride Friday!

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 16 November 2018

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You want to start a business, but you’re terrified. You’re terrified that you could find yourself unable to fund your basic needs like housing, food, and Netflix (ok, maybe that last one’s not technically a “need,” but still). Entrepreneurship is risky, and takes time, and you have to make a living while your business grows. So what can you do to keep a roof over your head while you pursue your own success?

Transcript

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0:00.0	Hey today is Free Ride Friday so make sure you hang on to the end of the episode to hear who won this week's free ride.
0:05.6	Every Friday we give away a lifetime membership to one of our programs.
0:09.2	We're giving away easy course, our 30 day course on how to build your own online course.
0:14.4	It's a $500 value over at easycourse.co, but somebody's going to win it for free.
0:19.2	All you've got to do is leave us at iTunes, rating, and review and you enter our weekly random draw.
0:24.0	Listen on Friday to see if your review wins.
0:26.7	And once you leave us a review, you automatically enter the draw until you win.
0:30.8	And we do it every Friday, hence we call it Freight Friday it's our way to say
0:34.3	thank you for leaving us love on iTunes let's jump into today's episode Heyo!
0:49.0	Welcome to the 100 R. M. Show where we get real on the daily with our daily 10 minute
0:54.2	business lessons for the real world. I'm your host, your coach, your teacher,
0:58.3	Omar's at home. I'm also the co-founder of the $100 MBA, a complete business training and community online.
1:05.1	In today's lesson you will learn four steps to make enough passive income for your personal
1:10.2	expenses.
1:11.2	This is a topic that comes up over and over in my inbox.
1:15.0	It's like this chicken or egg thing.
1:16.1	It's like I want to start a business, but I have my personal expenses.
1:20.0	I can't quit my job because my job pays for my, you know, family's ability to eat and have a roof over
1:25.8	their head.
1:26.8	How do I make passive income so that I can be able to feed my family, take care of my personal expenses, and go full-time in my business.
1:36.0	Well, no more wondering. In today's episode, I cover just that. I cover the reality of passive
1:40.7	income, but to focus on what not to focus on things to look out for
	...

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