MBA729 Q&A Weekends: I want to start a business but I’m in debt. Any advice?

The $100 MBA Show

Omar Zenhom

Marketing, Careers, Entrepreneurship, Business

4.9 • 1.2K Ratings

🗓️ 28 August 2016

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to another round of Q&A with our fantastic listeners! Today's question comes from an audience member in a fairly common predicament: he wants to start a business, but he's in debt. Can it be pulled off? Fortunately, there are ways to start a small business that involve minimal investment of both time and money, making almost anything possible. Click play to hear more!

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA Show and today's a Q&A weekends episode where we answer your question right here on the show.
0:17.0	If you have a question you want to ask, just email us over at support at business republic.net.
0:21.0	We would love to answer your question here on Q&A weekends.
0:24.0	As always, I'm your host, your coach, your teacher, Omar Zen Home.
0:27.5	I'm also the co-founder of the $100 MBA, a complete business training, and community online over at 100 MBA.net.
0:36.2	We have five downloadable guides for you to check out anything from creating an online
0:40.8	course to teaching on a webinar to creating your first logo.
0:45.0	We also have a seven part video course for you to check out with the workbook on how to nail your business idea.
0:51.0	Our five steps to idea validation course free for you to check out right now just head on over to
0:55.9	100 mba.net. Today's question comes from Vince and Vince asks I want to start a
1:02.1	business but I'm in debt.
1:04.0	Any advice?
1:05.1	Solid question, Vince, if I were to guess I am sure there are people
1:08.7	listening right now that have the same question.
1:11.4	And I'm going to answer, I'm going to give you my personal advice when it comes to the situation. I know many of us we want to quit our jobs, start a business and do our own thing and add something to the world. But we got this debt hanging over us and we're not really sure how to balance that with
1:24.8	starting a new venture. I'm going to give you some practical steps, some practical advice in today's
1:30.4	episode so let's get down to business.
1:32.8	Today's episode of the $100 MBA show is sponsored by
1:39.6	Sumomie. Grow your email lists easier. M. M. M. M. is a suite of apps that helps your visitors to your website
1:48.5	join your email list in a nice and subtle way. We've installed Summa Me over two years ago and absolutely love it and you can
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	...

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