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The $100 MBA Show

MBA900 How Much Money Do You Need?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 6 November 2017

⏱️ 25 minutes

🧾️ Download transcript

Summary

What do you want? It’s the most basic of questions, underlying the motivations behind everything we do in life and business. What’s it all for? Why are we striving to make our businesses successful? What’s the point of profit? For all of us, the money isn’t the answer. It’s the means to achieve the answer.

Transcript

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0:00.0

Heyo! Welcome to the $100 B. A show The Business Podcast, that's 900 episodes strong

0:16.7

to bring you practical business lessons. Wow episode 900. Pretty incredible.

0:24.7

As always, I'm your host, your coach, your teacher Omar Zenholm.

0:28.9

I'm also the co-founder of the $100 MBA and Webinar Ninja.

0:32.4

I want to start this episode by thanking you. of the $100 MBA and Webinar Ninja.

0:32.6

I want to start this episode by thanking you, our listeners, for being a part of the show.

0:38.0

You are the reason why we do this show to help you build your business, and as the show show grows it motivates us to keep on

0:44.2

recording new episodes and that's how we got to episode 900. In episode 900 we're

0:50.5

going to cover a very important topic. An exercise I believe that will really help

0:56.4

shape your life and your business. And this exercise addresses the question, how much money

1:01.9

do you need? Seriously, this is a very the question When you answer this question, how much money you need, it really allows you to shape the business you

1:14.4

actually need or want.

1:16.5

I'm going to go through an exercise that's going to take you about an hour, but it's going to be

1:20.3

an hour well spent because you'll have a clear vision of what kind of business

1:24.3

you need to build to have the life you want.

1:27.9

And in most cases, you're surprised by the answer.

1:31.5

Many of us, when we think about our life and how much money we need to live a life

1:34.8

that we want or we've been dreaming about, these numbers are very nebulous. We don't

1:38.9

really know how much money we're talking about here. We might think we need a multi-million dollar business

1:44.3

to live that lifestyle. When in fact you actually don't and take my advice you need to

1:49.2

shape your business based on the way you want to live. A large business is not necessarily going to

1:54.2

equate to a great life. We get into all the details and all the instructions

...

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