logo
episode-header-image
Mar 2022
15m 9s

MBA2006 How To Make Your First Dollar

Omar Zenhom
About this episode

“Start small” should be the mantra every new and aspiring entrepreneur lives by. 

…and when we say “small,” we mean small.

Before you try to tackle any huge or long-term business goals, it’s crucial to start developing the skill of producing something valuable, and selling it for a profit. 

It’s exactly like lifting weights — you don’t try to put up big numbers in the first week. Instead, you start light, learn the form, and progressively build on your strength. 

Getting good at business requires lots of light reps, too!

Today, we discuss a few examples of how your first “business” doesn’t need to be a business per se. From Omar’s childhood Halloween candy arbitrage model to freelancing on the side, making money on your own is something you do one dollar at a time — at first. Click play at the top of the page!

The post MBA2006 How To Make Your First Dollar appeared first on The $100 MBA.

Up next
Yesterday
MBA2687 Q&A Wednesday: What's The Fastest Way To Make Money?
Looking for a way to earn real income fast, without waiting months to build a product or launch a service? If you're tired of the usual advice and want something that delivers results this week, this episode is for you.This week’s question comes from Darren, who asked about the q ... Show More
20m 26s
Oct 6
MBA2686 Must Read: The 5 Types of Wealth by Sahil Bloom
Is wealth really just about money, or is there more to the story? If you’ve ever felt like your definition of success might be missing something, this episode invites you to take a deeper look.In this must-read episode, Omar shares insights from The 5 Types of Wealth by Sahil Blo ... Show More
19m 24s
Oct 3
MBA2685 Does Inbound Marketing Still Work?
With AI reshaping how people discover and consume content, it’s fair to ask whether inbound marketing still delivers results. If you’ve been wondering whether blog posts, videos, and guides are worth the effort or if it’s time to rethink your strategy, this episode has the answer ... Show More
10m 30s
Recommended Episodes
Aug 2024
The step by step guide to starting a business from $0
I’m joined by Adam Robinson who has bootstrapped startups to millions of dollars in revenue, as we deep dive on how we would validate and grow a startup idea.1) The Yonder Phone Pouch market is exploding • Locks phones away to create "phone-free spaces" • Already in schools, conc ... Show More
39m 50s
Aug 11
690: 9 Ways to Get Money to Start Your Side Hustle
Congrats! You've got a great side hustle idea ... now you just need money to get it off the ground. Even though many small businesses can have pretty low startup costs, most will still require at least some startup capital. And having enough money to start and grow your business ... Show More
45m 36s
Oct 2024
628. "I want to grow my product business to make $20,000 per month, but I’m at capacity. How can I do this?" | Coaching Session
Welcome back, product bosses! We have another exciting coaching session with Haley, the founder of Sunbird Collective, who sells handmade body care goods. If you’re wondering how you can expand your business but feel like there are zero hours left in your day, this episode is for ... Show More
53m 34s
Apr 2022
You Won’t Have A Successful Business If You Won't Do THIS
What most people don’t know is that when you start a business, you have to make the conscious decision to become a marketer.Because as much as you love what you do (whether it be painting, copywriting, cooking, photography, business coaching or anything else), the reality is that ... Show More
15m 44s
Nov 2024
How to Start a Business the RIGHT Way!
"I would love to hear the money guys talk about starting a business and what the boiling point is to set up an official LLC, give similar FOO advice for business financials, etc." We'll walk you through that question and more in today's Q&A episode! Jump start your journey with o ... Show More
19m 50s
Jun 2022
Getting Started with Marketing And Sales: The Five Step Formula Every Business Needs!
Whether you are a start-up or scale-up business, we have put together a 5 step formula for you to follow when mapping out your strategy. Perhaps you have a brilliant business that has relied on word of mouth for some time now but you know that pool is drying up and you need a sol ... Show More
22m 4s
Jan 2025
653. Why You’re Stuck in Your Product Biz and How to Start Moving Forward
Welcome to another episode, product bosses! It’s the start of 2025 and today, I’m reflecting on the past year and sharing my insights on why you might not be making progress in your business plus how you can change that.In this episode, I’m digging into the common pitfalls entrep ... Show More
23m 48s
May 2023
How To Transform Your Business From A Cash-Eating MONSTER To A Money-Making MACHINE w/ Mike Michalowicz
Mike Michalowicz is the Best Selling Author of "Profit First"  Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz h ... Show More
30m 6s
Jan 2025
660. "How do I build a profitable and thriving product-based business?" | Coaching Session
Welcome back product bosses! Do you ever feel like you’re pouring your heart into your products but still struggling to turn your passion into a profitable business? You’re not alone. Many product-based business owners start with a great idea but get stuck when it comes to buildi ... Show More
43m 24s
Aug 2024
A Playbook for First-Time Founders with Nancy Twine
If you’re in the thick of building, scaling, your pivoting your business or your career: LISTEN UP! (Yes, in all caps!)This episode is for you.Today’s guest is sharing a blueprint on how to grow, pivot, and scale successfully (even if you’re literally starting from scratch.)Nancy ... Show More
44m 19s