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The $100 MBA Show

MBA2645 Q&A Wednesday: What Do I Do With Just $1,000 to Start a Business Today?

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.82.2K Ratings

🗓️ 2 July 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

Got $1,000 and wondering if that’s enough to kickstart your business idea? Curious how you can make real progress without fancy investors, a trust fund, or a laundry list of expensive tools? If you’ve ever thought, “Can I actually start a business with just what’s in my savings?”—this lesson was made for you.

Transcript

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0:00.0

Let's get something clear once and for all. You don't need a trust fund. You don't need a venture

0:05.0

capitalists. You don't need a shark tank pitch to start a real business. What you do need, though,

0:09.9

is a clear plan, a real problem to solve and the courage to get moving. And yes, a thousand dollars is

0:17.6

more than enough to make it happen. Today's question comes from Fran, and Fran asks,

0:23.4

what if I only have $1,000 to start a business?

0:26.3

What do I do?

0:27.7

This is perfect because I've built the $100 MBA to answer this exact question

0:31.7

in a practical, no-fluff way.

0:34.2

And in this episode, I'm going to walk you through step by step exactly what to do.

0:38.2

In fact, what I did, if you only had $1,000, if you have $1,000 or less, what I would do

0:45.0

to start a business. And I'm talking about from scratch. And just a quick reminder,

0:49.5

if you want to ask a question, you can submit it at 100mBA.net slash Q and I'll answer it right here

0:56.1

on Q&A Wednesday.

1:02.6

Welcome back to the $100 MBA show. I'm your host, Omar Zen Home, where I deliver practical

1:07.4

business lessons three times a week, Monday, Wednesday, and Friday to help you

1:11.4

start, grow, and scale your business.

1:15.5

Let's first just make sure we're on the same page. What are you buying for $1,000 to start

1:21.0

your business? With $1,000, you're not buying a logo, you're not buying an LLC or a corporation, you're not buying

1:29.3

Facebook ads, you're not buying any of the stuff. What you're buying is momentum. You need to get

1:36.0

traction to see if you have something on your hands. The best thing about business is that

1:41.6

you can try a whole bunch of stuff and all you need to do is be

1:45.9

right once. Okay. If you are right once, then you'll have a successful business. You'll have a way

...

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