MBA977 How to Build a Business On The Side P2 + Free Ride Friday!
The $100 MBA Show
Omar Zenhom
4.8 • 2.2K Ratings
🗓️ 6 April 2018
⏱️ 24 minutes
🧾️ Download transcript
Summary
Yesterday, we laid out the first phases of our detailed action plan for building your own business on the side while maintaining your regular 9-to-5 job. Today, we continue that lesson with the final instructions you’ll need to transition out of conventional work and into entrepreneurship.
Last time, we covered the foundational steps of organizing your time and resources, validating your business idea, and crafting your first minimum viable product. Today, we discuss how to turn your initial product into an actual, honest-to-goodness business. Tune in, and hear the exact steps you’ll have to take to establish your funding, profitability, and marketing before ultimately making your big move.
We also discuss how to improve your product via customer feedback, tweaking it to perfection until your business is truly off the ground. Finally, we offer advice on making a smooth transition out of your day job and into full-time, profitable, viable independent business.
It’s a long journey, but the first step is here! Click Play!
Transcript
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| 0:00.0 | Hey there, today is Free Ride Friday, so make sure you hang on to the end of the episode to hear who |
| 0:04.4 | won this week's Free Ride. |
| 0:07.0 | Every week we give away a free ride to one of our courses, one of our programs. |
| 0:11.3 | This week we're giving away Easy Course, we'll be giving away Easy Course all month long. This is a 30-day |
| 0:16.4 | course on how to build your own online course. It retails for $500 over at easycourse.co, but we give away a membership every week to somebody who's |
| 0:25.3 | left us in iTunes rating and review. All you got to do is leave us in iTunes |
| 0:28.7 | rating and review and you enter our weekly random draw. All right, let's jump into today's episode. |
| 0:34.0 | Heyo! Welcome to the $100 RBA Show, the business podcast that's packed with business strategies |
| 0:48.9 | and insights every single day with our daily 10 minute business lessons for the real world. |
| 0:54.4 | I'm your host, your coach, your teacher, Omar Zenholm. |
| 0:57.8 | I'm also the co-founder of the $100 MBA over at 100 MBABA.net. |
| 1:03.6 | And today's lesson is part two of our two-part lesson on how to build a business on the |
| 1:07.9 | side while you're in a job. |
| 1:08.9 | If you haven't listened to part one, make sure you listen to part one first that was a yesterday's |
| 1:14.0 | lesson that's really the foundation when you're just getting started how to |
| 1:18.7 | organize your time your space how to commit to the actual business idea, how to validate your business idea and |
| 1:24.7 | come up with your minimal viable product. |
| 1:27.1 | In part two, today's lesson, we'll be talking about how to build the business now that you |
| 1:32.1 | know you have a viable idea on your hands. |
| 1:34.9 | You struggled, you know that you have a market for your product or your business, you've done all |
| 1:38.9 | your homework, now it's time to actually build out the business while you're in a job right we'll be |
| 1:44.0 | talking about how to fund your business how to get to profitability a SAP how to start |
... |
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