Can’t afford an MBA or don’t have the time to pursue one? Did you know you can now get an MBA for just $100?

Check out the $100MBA. For a one-time fee of just $100, you can learn the basic business concepts and skills to start almost any business.

It’s the brainchild of educator Omar Zenhom. He came up with the idea while attending Wharton Business School. He became so excited about the possibility of making business education more widely available he decided to drop out of business school. No joke!

He also delivers daily 10-minute business lessons via his popular podcast of the same name, the $100MBA. By the way, at the end of the show, Omar shares a special offer to get the $100MBA for just $50! (See below!)

Success however, was slow. So slow in fact, he decided to start another business called WebinarNinja. He produced a bunch of webinars for the $100MBA, but grew frustrated by the available technology, so he decided to create his own platform. Today it has 10,000+ users.

He’s spent most of his career as an educator in various capacities and as you’ll soon listen, he loves to learn and to challenge himself. Entrepreneurship for him is really one lesson after another.

Life Skills That Matter In This Episode

Self-directed learning.
Experimentation.
Patience.
Understanding other perspectives.

How Omar Works and Thinks

Wake up time: 7:15am
3 core work habits: 1) He focuses on most important production work first, when he has to use his creative juice (and has 4 hours max of that energy) 2) Writes to do list the day before (to prevent thinking and doing at same time) 3) uses slack to manage team communications
Self-reflection practice: Goes for a walk in nature.
90-day goal: Working on next version of WebinarNinja.

Inspirational Quotes

“You don’t have to start a business in debt. If you can be profitable day 1 that’s what you should be looking for.”

“Entrepreneurs by nature are helping society by creating jobs and giving hope.”

‘Your perspective is not THE perspective.”

Coaching Advice

Give yourself time to think.

Not meditating, but thinking. Omar gets his best ideas when he’s on break because he is rested and gains new perspectives.

He makes time to think in two important ways:

1) He regularly takes a walk in nature to get away from all distractions preventing him from doing some quality thinking.

2) He asks himself he right questions. He recommends starting with the following two questions he learned from Nike founder Phil Knight:

What do you know?

What can you do?

Those two simple questions encourage you to think positively and not negatively by focusing on what you have control over and not on what you don’t have control over.