MBA418 How to Spend Your Profits

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Marketing, Business, Careers

4.9 • 1.2K Ratings

🗓️ 22 October 2015

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

What do you do with the monetary successes that you make in your business? When your business starts making money and you start making profits, we get excited and forget about spending it wisely. We know that not a lot of people talk about this topic so we want to make sure that this is covered in today's episode. If you're ready to learn, hit play!

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA Show,HO, the business podcast, that's more than just inspiration.
0:16.2	It's about perspiration doing the right work the right way with our daily 10 minute business
0:20.4	lessons for the real world. I'm your host, your coach, your
0:24.4	teacher Omar Zenholm. I'm also the co-founder of the $100 MBA, a
0:29.2	complete business training and community online.
0:32.6	Make sure you check out our free guides over at 100 MBA.net
0:36.8	slash guides.
0:37.8	Learn how to put together a business plan.
0:40.0	Learn how to brand your business.
0:42.0	Learn the essentials of a great business website.
0:44.7	All these guides are free on our website.
0:47.3	In today's episode, you will learn how to spend your profits.
0:52.2	When your business starts building, when you start making money,
0:55.8	and your revenue is more than your expenses, you're going to start making profits. What do you
1:00.5	do with it? And that's what we're going to be talking about in today's episode.
1:04.0	Not a lot of people talk about this topic, but I want to get into this because it's important.
1:08.0	Knowing how to deal with failure is something that a lot of people talk about,
1:11.0	well, how do you deal with success? What do you do with the successes the monetary successes that you make with your business
1:16.1	There are choices you can make and it all depends on what you need what you want and I'm gonna lay out all those choices in today's episode so let's get down
1:24.0	of business.
1:30.5	Today's episode of the $100 MBA show is sponsored by Host Gator. We use Host Gator for all our
1:35.8	hosting needs at the $100 MBA and Webinar Ninja because we love their 24-7 life support via
	...

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