Hey everyone welcome back to the hundred dollar MBA show I'm your host

Omar Zenholm and in today's lesson you'll learn why your nine to 5 job is risky. We often talk about the

stability of a 9 to 5 job but today I want to flip the script I want to flip the

narrative and show you the hidden risks that come with relying solely on your traditional job.

Many people think that entrepreneurship is risky,

in that having a job is the safest thing you could do.

Well, in today's lesson, I'm going to show you why that is false. Let's get into it. Let's get down to

business. Did you know that 40% of Americans don't have enough savings to

cover a $400 emergency? This is according to a study by the Federal Reserve. This financial

vulnerability is often tied to the limitations of having a single income stream

from your 9-to-5 job. We're going to explore today why this

so-called stability might be really risky. My goal in today's lesson is to make

this a no-brainer for you. So by the end of the

lesson you're like, of course, I don't know why I didn't see it this way before. And my

first step in that process is to re-emphasize this idea that when you have a job, it's a single income stream.

You're relying on that single source of income, your 9 to 5 job, to pay all your bills, to take care of your whole

life and create this financial security for

yourself.

If something happens, if you lose your job, right?

And we're going to talk about how likely this is, okay?

But if you lose your job due to something out of your control,

economic downturn, corporate restructuring,

...