A (0:01)

Introducing Instagram Teen Accounts. A new way to keep your teen safer as they grow. Like making sure they always have their seatbelt on.

B (0:09)

All right, sweetie pie, buckle up. Good job.

A (0:12)

Or ring the bell on their bike.

B (0:13)

Okay, kid, give it a try. Nice.

A (0:17)

Or remember their elbow pads.

B (0:19)

Knees too. Okay. Yep.

A (0:21)

There you go. New Instagram Teen Accounts. Automatic protections for who can contact your teenage and the content they can see. Sometimes you have to choose between a great deal or a great experience. Other prepaid providers stick you with slow networks and price hikes. But with US Cellular Prepaid, getting a great deal doesn't mean sacrificing a great experience. US Cellular Prepaid offers great nationwide 5G coverage without any gimmicks or hidden fees. And now you can get a free Samsung Galaxy A16.5G to make a great experience. Even better, stay connected without making sacrifices. Terms apply. Visit uscellular.com hey. Oh.

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Welcome to the $100 MBA show. Business lessons you can count on to build the business you want. I'm your host, your coach, your teacher, Omar Zenholm. And in today's episode, you will learn why you have not started a business yet and how to break through. If you haven't gotten started with your business, if you haven't made that first sale, that first dollar, this episode is for you. I have to warn you though, this episode is going to be very honest. I'm going to tell you what you need to hear, not what you want to hear. I'm gonna share with you. Really, what is stopping you? I know because I was in that state where I didn't start anything for a very long time before I did, about 20 years ago. I gonna offer you some advice that actually works. And I'm gonna show you how to break through and what to do instead of what you're doing right now. But in order for this to work, you're gonna need to trust me and you need to believe in what I'm about to say. Otherwise, if you don't believe in it, you're not gonna do it. And if you don't do it, you're gonna be in the same position you're in right now for a very long time. You're gonna be stuck. So if you finally wanna start your business, start that journey of creating something you've always wanted to create. Have. Have that freedom, Be that creator, be the entrepreneur you know you can be. Then let's get into it. Let's get down to business. I want to start by saying that there is no doubt that starting and running a business is hard. This is a difficult thing. This is why most people don't do it. This is why, if you look around at your family and friends, most of them are in a job and there's nothing wrong with that. But breaking out from that mold and doing something for yourself, creating something out of thin air is. Is not easy. And this is why entrepreneurship starts this way. It starts this way because it's preparing you for what's ahead. Meaning if you can pass that first test and get started and do something that's difficult, that's not easy, then it's like training the muscle, Understanding that there's gonna be other challenges ahead that you need to prepare for and you need to persevere through and get on the other side of creating and running a business is something significant, regardless if it's successful or not. I know that sounds strange, but regardless of the fact that the business you is a success that makes money, that sustain itself, that is around for years, it's a significant act. It's something that is special. And anything that's special or significant or noteworthy or important is of course difficult. So let's just recognize the fact that that's just how it is when you start a business. It's going to be hard. And most of us that haven't started a business recognize the fact that it's hard and you're just kind of feeling your way through it. And the reason why it starts with difficulty is because it's preparing us for what's ahead. There's going to be more challenges and more things you have to break through in order for you to do well in business. That's why the first hurdle is difficult, because there's more difficulty ahead is training you. And by the way, anything that's significant, anything that's hard, as we know, is difficult. Anything that's important, anything that has value is difficult. But why is it difficult? Because this is gonna allow us to understand why we are not doing what we wanna do and how to get through it. Why is it difficult? And believe it or not, the reason why you haven't started your business is because of your mindset. Now, I know that when I say that you may not like that answer, you may not like that information. My mindset? What do you mean? I gotta change the way I think in order for me to start a business? No, no, no. I really wanna be an entrepreneur, but I haven't started because I'm busy, because I have a lot on my plate, because I have a lot of responsibilities, because I don't have the money. You're saying these things, but that's not really why. That's not really why. People that do things successfully, people that go ahead and start a business, they do because they're compelled, because they have no other choice. They have to do it right. Best selling authors, they don't write because they're good at writing. They write because they can't help but write. That's all they can do. Not in terms of that's all they're good at, but in terms of this is what allows them to have a fulfilling life. This is what gets them up in the morning. Now, if you're not there yet, that's okay. But you have to recognize the fact that all the excuses that you're telling yourself, like I mentioned, I don't have the time, I'm busy. I have commitments, I have little money, I don't have an idea. All these things that you're telling yourself, these are just excuses. I'm not saying they're invalid excuses, but they are excuses. And one of my favorite lines is, you can have excuses or you can have results. You just can't have both. Now, what are the excuses for? What are you really not starting your business for? Why do you need to change your mindset? What about your mindset? You have to change. Well, here it is. At the end of the day, you're scared. There's fear. You're worried, you have anxiety. This is what's stopping you. And I'm gonna tell you right now, it's normal to feel that. What if I fail? What if I don't make it? What if I disappoint my family? What if I disappoint myself? What if I really try hard and I waste a lot of money and fear just stops you in your tracks? And here's the thing about the mind. It's very sophisticated, it's very slick. It's not gonna just say, hey, this is scary. Don't do it. It's gonna come up with another excuse. It's gonna say, you know what? You're just not ready yet. You need to read another book. You need to save a few hundred thousand dollars or a few thousand dollars or a few hundred dollars or whatever it might be, you'll be ready next year. That's the voice you hear. You don't hear, whoa, that's scary. I'm too scared to do that. I don't want to do it. No, it's a lot more subtle than that. And by the way, I'm quoting these things because these are the things that were in my mind when I wanted to get started. These are the excuses that came up. This is what fear told me. These are the little whispers that were in my head and tell me I'm wrong and you can't because you know I'm right. You know that the reason why you're not doing these things, you haven't started your business is, is because there's some fear there somewhere along the line that you're afraid of something going wrong. I know people that don't want to change their career, their life, or become an entrepreneur because they're afraid they're going to lose their friends. They're afraid they're going to lose their family. And it's just easier to just do the status quo, to do the same thing. This is why you haven't started, plain and simple. There's nothing complicated about this. We're not that different as human beings. This is how it is. Fear is a very powerful force. You have to understand that fear can stop you from doing a lot of things, but it can also get you to do a lot of things. It can also push you to do a lot of things. Some people are afraid that they'll grow old and will have mobility problems, can't get around, will be a burden on their children and will have to go into a nursing home. People are afraid of this, and because of that, it forces them to take action and to get healthy, to eat right, to exercise and to plan for the future. Some people grow up very poor. They don't have a lot of money. Their parents didn't have a lot of money. They're a lower income family. So when they actually get a job and they work, they're afraid of going back to that poverty. So they save money and they don't spend their money on things that are wasteful. Fear can push you to do things, can push you to take action. So we're going to do the same. This is how we turn it around. We use fear to our advantage, okay? Fear. And this is what worked for me. I found a way to be afraid, not to start. I found reasons that caused me to be afraid to not start my business. One big one for me was regret. I started to really focus on what would happen if I don't do this now. And I keep procrastinating. What if I procrastinate six months from now, or a year, or two years, or a decade, will I still be able to do it health wise, age wise, financially, am I putting myself in a Position where I make it harder for myself to start a business. What else can I fear by not taking action? What bad things could happen? Number one, this might sound strange, but I'm delaying my ideal life. I'm delaying the outcome I want out of this whole thing. So for example, if I started six months earlier with my business and my entrepreneurial journey, could have enjoyed six months more of a great life and a great business. Six months I can never get back. So usually when you ask entrepreneurs what your biggest regret is, they say, I wish I started earlier. Okay, so that's a very strong why. Having enough reason to take action. Being afraid of not taking action. So this is what I want you to do. I want you to get a paper and pen or a note taking app or a Google Doc or whatever you want to do and list all the reasons why you must take action. What are some of the negative things, the bad things that could happen or will happen if you delay any more? Delay one day, one week, one month, one year, whatever it might be. What is delaying going to cost you the cost of not starting your business? List them and I'm going to force you to list at least 20 reasons. 20 things. Why? Because I want you to read 20 to 30 to 40 things in a row so that it cements in your brain and in your heart. Wow. That's devastating. I do not want that to happen. And the reason why I want you to make a long list is because it has to be a real strong fear. It has to be stronger than the fear of doing it. The fear of doing it is still worse, still stronger than the fear of not doing it. Then you're not going to do it. Plain and simple. I want to give you a gift. I'm going to give you my reasons that I gave myself. The list I gave myself of why I have to do this, what I was afraid of if I didn't start a business.