MBA1334 Why We Decided Against Renting an Office

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 20 August 2019

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

We work from home. Why? More importantly, should you? Some of the reasons are obvious, like the convenience of having no commute and the money saved on renting a space. But those aren’t the only reasons we’ve chosen to run our entire business — remote team included — from the same building in which we sleep and eat.

Transcript

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0:00.0	Heyo! Welcome to the 100 Army Show because your business depends on you getting better every single day.
0:15.2	That's why we deliver daily 10 minute business lessons for the real world.
0:18.8	I'm your host, your coach, your teacher, Omar Zen Home.
0:22.0	I'm also the co-founder of the $100 MBA, a complete business
0:25.5	training and community online. And in today's lesson you will learn, renting a physical office.
0:30.9	Many people know that Nicole and I run a remote company. Our team is literally
0:34.5	spread across four continents and we've been running our business this way for
0:38.0	over six years now and many people have asked us why don't you have an actual HQ, a physical office with a door and desks and some key players where you're located?
0:49.5	And it's a good question because we've had physical offices in the past we still have an office
0:53.6	presence but most of my working days are spent in our home office. So in today's
0:58.7	lesson I'm going to be explaining why we have consciously chosen not to work out of a physical office
1:05.5	outside of our home every day. This is a deliberate choice and a choice that is
1:10.2	right for us in our business and it may be a choice you may want to consider in your business.
1:15.9	And it has very little to do with finances,
1:18.8	with the actual costs of having an office.
1:21.2	We'll get into the reasons why the different things we've tried in the past
1:24.2	are experiments with physical office space and why ultimately it may be a good idea for you not to have an office
1:31.4	you commute to every day.
1:33.4	So let's get into it.
1:34.4	Let's get down to business.
1:36.6	When it comes to our business,
1:37.9	Nicole and I have tried so many different office experiments,
	...

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