MBA2502 Why August is Such an Important Month in Business
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 2 August 2024
⏱️ 13 minutes
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| 0:00.0 | Hey, welcome to the $100 MBA show, no fluffs, just the good stuff with our practical business lessons. |
| 0:16.0 | I'm your host, your coach, your teacher Omar is at home, and in today's lesson you will learn |
| 0:21.2 | why August is such an important month in business. |
| 0:25.0 | Typically most of the world takes August off. It's like the holiday month in Europe. |
| 0:31.0 | Many people in North America take their vacations in August, but for |
| 0:35.0 | you and I, striving entrepreneurs, August is a critical month in business. I'm going |
| 0:40.7 | to explain why in today's lesson it's actually two big reasons. |
| 0:44.9 | What you decide and what you do in August can dramatically affect the success of your |
| 0:50.0 | business now and in the future. This is not the month to be chilling. I'll |
| 0:54.4 | explain why in today's lesson so let's get into it. Let's get down to business. |
| 0:58.4 | August for me has been such an important month in my entrepreneurial career and I'll explain in today's |
| 1:03.7 | episode why it is for you too. Let me start with the first main reason why |
| 1:08.7 | August is critical. At the start of August you got five months left for the year. |
| 1:13.6 | That means most of the year is done and dusted. |
| 1:16.6 | And most of us we set out at the start of the year and say, you know, |
| 1:20.2 | 2024, these are the things I want to accomplish, |
| 1:22.4 | these are the milestones I want to accomplish these are the |
| 1:23.0 | milestones I want to hit this is how much revenue want to make this is how many |
| 1:25.7 | customers I want to have these are the hires I want to make to be able to grow |
| 1:29.3 | my business and be more productive, we all do this. |
| 1:33.4 | And August for me is the month where you get real and you ask yourself, |
| 1:38.2 | how on track are you with those goals? |
... |
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