MBA833 Q&A Weekends: How long should I expect it will take to be profitable? [REBROADCAST]

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 10 December 2016

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We know what weekends are for: listener Q&A! Today we revisit a question from the archives about profitability. One audience member wanted to know how long it takes for a new business to become profitable. With examples ranging from weeks to years, what's a new entrepreneur to expect?

Transcript

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0:00.0	Today's episode of the $100 R. R. R. R. M.
0:03.4	M. allows you to build your email list and your audience quickly
0:06.4	with their easy-to-use apps.
0:08.2	Sumei installs on pretty much any website and once you set it up you can just
0:11.6	forget it. Beautiful elegant opt-in boxes are right on your site.
0:15.1	Get Summe me for free at 100 MBA.net slash Summee.
0:19.6	Again, that's 100 MBA. net slash Sumo Me.
0:23.8	Today's episode of the $100 MBA show
0:25.9	is a Q&A weekend question about how long
0:28.9	will it take to be profitable in my business?
0:31.9	A question that a lot of us have when you first get started. How long
0:35.0	this is going to take before I can quit my job or make some serious money to pay my bills?
0:40.7	This episode first aired about 300 episodes ago, but we wanted to
0:43.4	rebroadcast it for you because it's helped so many of our listeners. We take a
0:47.0	look at the long-term plan that you have to have in place in order to make sure
0:51.3	you are profitable?
0:52.8	And what factors do you need to understand in order for you to estimate how long will it
0:56.7	take to be profitable?
0:58.2	Enjoy this one and I'll be back tomorrow with a fresh new question for Q&A weekends. Heyo! Welcome to the hundred dollar
1:04.0	and be Heyo! Welcome to the $100 MBA Show and today is a Q&A
1:16.4	weekend's episode where we answer your question right here on the show.
1:20.0	If you have a question you want to ask just email us at contact at 100 MBA.net.
	...

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