Hello, welcome to the 100 R. M. B. Show. The podcast is dedicated to your business success

one lesson at a time with our daily 10 minute business lessons for the real world.

I'm your host, your coach, your teacher, Omar Zinnholm. I'm also the co-founder

of the $100 MBA, a complete business training and community online. And today you will learn how to build a business that pays the bills.

And this is part one of this two-part lesson.

There's so much to cover we had to dedicate two episodes to it.

This two-part lesson is dedicated to starting a business that takes you to the

promised land, where your business covers your expenses so your business becomes your

main and sole source of livelihood. Doing what you love for a living, being your own boss sounds pretty good to me.

So let's get down to business. This episode of the $100 MBA show is brought to you by Rerun.

Rerun is for any small business, organization, or association wanting to automate the reoccurring

subscription or membership billing. There are no monthly fees you only pay for what

you process at a low flat rate. So visit rerun app.com slash podcast for a 30 day free trial.

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The average household income in the US,

if you're married with two kids, is $3,500 US dollars. A business that can

provide that is a business that can pay the bills, is a business that takes you to that place

where you're covering your expenses

and doing what you love and having the freedom to do it the way you want to do it.

So for the purpose of this episode we're going to have a target number, the amount of

money that you need to take home every month.

We said the average household income for married and two kids is 3,500,

...