MBA2503 Why You Should Never Start a Tech Startup
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 5 August 2024
⏱️ 17 minutes
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| 0:00.0 | Hey, welcome to the 100 R. M. A. A. A. A.. Show where you get practical business lessons for the real world. |
| 0:15.0 | I'm your host, your coach, your teacher Omar Zenholm. |
| 0:18.0 | And in today's lesson, you will learn why you should never start a tech startup. |
| 0:22.7 | As someone who started, grown, |
| 0:25.2 | and sold a tech startup webinar Ninja, |
| 0:27.6 | I've experienced firsthand the unique challenges |
| 0:30.0 | that come with it. |
| 0:30.9 | In today's lesson, you could see this as a warning of what to |
| 0:34.6 | expect if you decide to venture down this path, if you decide to build a tech |
| 0:40.3 | startup. Don't get me wrong, there are a lot of positives and I love my 10 years of |
| 0:45.7 | experience building and growing webinar Ninja. But it is not the easiest business to start. |
| 0:51.9 | In fact, it is one of the hardest businesses I've ever had to be a part of. |
| 0:56.0 | And I've run e-commerce businesses, events businesses, coaching, digital products, memberships, you name it. |
| 1:03.0 | If after today's episode, after you've learned about all the things you need to look out for, |
| 1:07.1 | you're still motivated, you're still eager to start a tech startup, |
| 1:11.7 | then at least you know what you're in for. |
| 1:14.3 | So let's get into it, let's get down to business. |
| 1:17.5 | As we get started, I just want to be super clear, super transparent. |
| 1:20.7 | I have zero regrets about starting Webinar Ninja. It was an incredible experience and because it was so hard and so challenging |
| 1:28.8 | it forced me to become better as a person as an entrepreneur as a thinker as a creator and |
| 1:35.0 | despite the fact that it was super challenging I am glad that I went through that |
| 1:39.3 | experience but let me tell you it's not the easiest way to make a buck with a business. |
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