MBA2687 Q&A Wednesday: What's The Fastest Way To Make Money?

What's the fastest way to make money? That's today's Q and A Wednesday's question from Darren, and I love this one because the answer surprises most people. It's not launching a course. It's not freelancing. It's not creating an app. It's none of these. One of the fastest ways, if not the fastest way to make money, is hosting an event. Stay with me. I'm telling you right now, this is one of the best ways to just understand how to make money outside your paycheck and build a viable business. I wanna break it down step by step and how you can get paid as quickly as this week. Let's do it. Welcome back to the $100 MBA show. I'm your host Omar Zenholm where I deliver practical business lessons three times a week, Monday, Wednesday and Friday to help you start, grow and scale your business. Before we jump in, can I get thirty seconds of your time? We love guiding you on your business journey and we wanna help even more people build their dream businesses and lives. So if you could hit the follow button on this podcast app, it would be greatly appreciated. It's completely free and it helps us out more than you know. Thanks. You see, events really flip the script. Instead of you chasing customers, you create something people want to be a part of. That's the beauty of events. People love to have a good time. We're talking about network mixers, dinners or rooftop parties, meetups, industry round tables, even destination trips or events that you do overseas or even within your country. You sell tickets first. You collect the money upfront. You don't spend a dollar until you lock in revenue. It's fun. It's energizing, and it's profitable, and it works fast. I've done dozens of live events here in Sydney, in New York City, in cities that I've been to around the world when I travel. Every single time, I'm reminded this is one of the easiest ways to generate cash. It's one of the easiest things to sell because people love having a good time like I mentioned. I'm actually running an event, a Christmas party for entrepreneurs called the Crazy Ones Christmas Party. And as I'm running and preparing for this event and selling tickets to it, I'm again reminded, man, this is so easy and it's so nice to sell something that people are happily looking to spend money on. Right? They're just throwing money at the situation, throwing money at us because this is sounds like a good time. It's gonna be fun. It's gonna be interesting. And people love to socialize. It's something that we learned in COVID that people love to get together now and see people in person and just have a blast. But how do you pull it off properly? Let me show you exactly how to do this so you can start next week, if not this week, even if …