How to Start, Scale, and SELL Your Online Business for Millions! [Video]

Episode #509

If you want to make money online in 2024, good news: it’s easier than ever! Just ask today’s guest, who had to bootstrap his online business before you could launch a business with little to no startup costs. If you have an entrepreneurial spirit and need a little inspiration to get your next business idea rolling, this episode is for you!

Welcome back to the “BiggerPockets Money” podcast! Today, we’re joined by serial entrepreneur Omar Zenhom from “The $100 MBA Show.” For many years, Omar worked as a full-time educator while nurturing his fledgling businesses on the side. Naturally, many of them didn’t work out. But rather than letting these failures deter him from entrepreneurship, Omar applied each new lesson to his next business venture. Eventually, he struck gold with WebinarNinja, a software company he scaled to 30,000 users before selling his business and enjoying the spoils.

Want to achieve financial freedom without being reliant on your W2 job? Stick around to learn the ins and outs of building a business from the ground up—saving money to get started, leveraging your network to scale the business, and ultimately, selling your company for a huge profit!

Show Notes at:
https://link.chtbl.com/Money
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The Digital Nomad’s Guide to High-Income Skills and Making Money Online:
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Humphrey Yang: How to Save $100, Quit Your Job, and Build a Business:
https://www.biggerpockets.com/blog/money-489?utm_source=youtube&utm_medium=description&utm_campaign=none
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How I Turned My Tiny Side Hustle into a Multi-Million Dollar Business:
https://www.biggerpockets.com/blog/money-482?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Omar:
Instagram: @omarzenhom or https://www.instagram.com/omarzenhom/
LinkedIn: https://www.linkedin.com/in/omarzenhom/
Podcast: https://100mba.net/show/
Website: https://100mba.net
X/Twitter: @theomarzenhom or https://twitter.com/theomarzenhom
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00:00 Intro

01:02 Omar’s Upbringing

03:31 Educator to Entrepreneur

11:12 The Birth of WebinarNinja

18:24 Scaling the Business

23:48 When to SELL Your Business

27:09 Bootstrapping vs. Raising Capital

30:48 Connect with Omar!

31:41 Start That New Business!