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The $100 MBA Show

MBA2468 Q&A Wednesday: I am making more revenue than ever but I'm still not rich. Why?

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.91.2K Ratings

🗓️ 15 May 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

Are you working tirelessly to scale up your business revenue, only to find that your personal wealth isn't reflecting the success of your sales figures? You're not alone in this perplexing situation where the numbers just don't add up to a growing bank account. Omar tackles a question that stumps many entrepreneurs: Why isn't increased revenue making me rich?

Transcript

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0:00.0

Hey, oh, welcome to the 100 R&A show.

0:12.2

We're all about giving practical business lessons for the real world.

0:16.1

I'm your host, your coach, your teacher, Omar Zenholm.

0:19.2

And today's episode is Q&A Wednesday where we answer a

0:22.0

question from one of you, one of our listeners. Today's question is from Jamie. And Jamie asks,

0:26.8

I'm making more revenue than ever, but I'm still not rich. Why? Great question, Jamie. This is

0:33.7

something many entrepreneurs struggle with. So you're definitely not alone.

0:38.0

You're making more sales.

0:39.1

You're getting more customers.

0:40.4

You're growing your team.

0:41.9

You're making more zeros in your revenue than you've ever dreamed.

0:44.9

But your personal wealth or even the health of your business is not where it should be.

0:50.0

You don't feel comfortable.

0:50.8

In today's episode, we're going to break down why this happens, what are some of the causes, and how to fix it.

0:56.8

One of the things a lot of people to talk about is that, you know, business is hard work.

1:00.1

There's a lot of sacrifice.

1:01.4

And if you don't get a reward for that sacrifice after a're actually making more money, keeping more money, improving your life, it's just going to get really demotivating after a while.

1:15.5

You just can't eat glass forever.

1:17.6

So let's stop that from happening.

1:19.3

Let's change things up.

1:20.5

Let's make sure more money is ending up in your pocket.

1:24.4

Let's get into it.

...

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