MBA2436 Your Only Goal In Your First Year of Business & How to Achieve It MBA2436 Your Only Goal In Your First Year of Business & How to Achieve It
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 1 March 2024
⏱️ 14 minutes
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| 0:00.0 | Hey-oh, welcome to the $100 MBA show. |
| 0:12.1 | No fluff, just the good stuff with our practical business lessons. |
| 0:15.4 | I'm your host, your coach, your teacher, Omar Zen home. |
| 0:18.6 | And in today's lesson, you will learn what your only goal in your first |
| 0:22.5 | year of business should be and how to achieve it. When you're starting a business, it can be |
| 0:27.2 | incredibly overwhelming. There's so much to think about. There's so much to do. You could feel |
| 0:31.5 | like you're chasing your tail. I'm here to tell you that you need clarity. You need focus. |
| 0:37.7 | That first year of business is so incredibly important because it's going to make or break the longevity of your business and its ability to continue to grow in the years to come. |
| 0:48.9 | So today I'm going to give you a gift. |
| 0:50.7 | I'm going to show you exactly what one goal you should be setting for your business |
| 0:57.0 | in its first year. And then we're going to detail the steps on how to get to that goal each |
| 1:02.7 | week, each month, each quarter. This is going to be your North Star. And what's great about this is that |
| 1:07.7 | anytime you make a decision in your business, you can ask yourself |
| 1:10.9 | the question, does this get me closer to my one goal or does it not? And if it doesn't, we don't |
| 1:17.3 | do it. Let's get into it. Let's get down to business. Let me start by saying that even if you're |
| 1:22.2 | not in your first year of business, this could be incredibly helpful because you might need it now more than ever. |
| 1:29.0 | You're foggy on why you're doing what you're doing. You don't feel like you're making progress. |
| 1:33.3 | You don't feel like you have a vision or direction. You don't have something that you can show your |
| 1:38.2 | team and say, hey, this is where we're supposed to be heading. If that resonates with you, |
| 1:42.7 | then you're going to love today's episode. So let's start by identifying what is this one goal that you need to have in your first |
| 1:49.2 | year of business? And it's a magic number. Let's talk about what this magic number is and how to |
| 1:54.9 | calculate it. Your most important goal in business, especially at the start, is to be profitable, is to make enough |
... |
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