EPISODE · Jun 18, 2019 · 12 MIN
MBA1289 How to Get to $5K a Month as Fast as Possible
from The $100 MBA Show · host Omar Zenhom
The key to sustainable small business: minimum profitability. The $5k per month mark is a crucial one, known as the “escape velocity” at which revenue generation is strong enough to actually, truly sustain a company. If your business can make it to $5k quickly, you’ll know for sure whether it’s a winner, or if it’s time to pull the plug and move on. The faster you get there, the sooner you’ll reach your ultimate business goals. So, how can we fast-track this all-important metric? How can we move as quickly as possible out of the experimental phase and into real-world business-building? With some strong tactics (and a few sacrifices), you can get there sooner — whether “there” is investing full-time into a proven idea, or moving on to the next one. Reach that moment of truth ASAP. Your time is precious, and you deserve a strategy that doesn’t waste any. Click Play! $100 MBA Idea Validation Course MBA1281: Nail Your Value Metric and Make More Revenue Watch the episodes on YouTube: https://lm.fm/GgRPPHi SUBSCRIBE YouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
The key to sustainable small business: minimum profitability. The $5k per month mark is a crucial one, known as the “escape velocity” at which revenue generation is strong enough to actually, truly sustain a company. If your business can make it to $5k quickly, you’ll know for sure whether it’s a winner, or if it’s time to pull the plug and move on.
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MBA1289 How to Get to $5K a Month as Fast as Possible
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