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- 2657 - MBA2549 Q&A Wednesday: How Do I Have Fun While Growing my Business?
Feeling a bit down about the daily hustle of growing your business? Wondering how you can find joy and fulfillment amidst all the hard work? We totally understand the struggle.
In today’s lesson, Omar tackles a burning question: “How do I have fun while growing my business?” Spoiler alert: it’s not all about fun. Dive into the episode as Omar uncovers how successful people across various fields, from Olympic athletes to top business moguls, frame their arduous journey into a fulfilling experience. Plus, Omar shares actionable insights on finding joy in meaningful work, building something impactful, and ultimately reaping the rewards.
We get it—growing a business can sometimes feel like a lonely journey. That’s why we’re here for you at The $100 MBA Show. Let’s build something meaningful, side by side. Click play at the top of the page!
To submit your questions, visit 100mba.net/q.
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
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Wed, 20 Nov 2024 - 2656 - MBA2548 From Michael Jackson’s Bodyguard to Martial Arts Franchise Mogul with Matt Fiddes
Did you know that the journey from bodyguard to billionaire is not just the stuff of legends? Meet Matt Fiddes, a man who went from protecting the King of Pop, Michael Jackson, to creating a fortune that’s on its way to a staggering 1 billion dollars. This true rags to riches story is not just inspirational, it’s a roadmap to living your best life and scaling your business to extraordinary heights.
In this interview, Omar talks with Matt Fiddes about his inspiring transformation from protecting pop icons to building a franchise empire in the martial arts industry. You’ll hear about the hurdles he faced, the mindset shifts he underwent, and the strategic moves that catapulted him to success. From leveraging unlikely networks to maintaining quality across a vast franchise, Matt shares invaluable insights that can help you scale your business and redefine your priorities.
From starting out with just £100 to building the world’s largest martial arts franchise, Matt’s story is not one to miss. Click play at the top of the page right now!
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
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Mon, 18 Nov 2024 - 1h 20min - 2655 - MBA2547 Why New Ideas Are Keeping You Poor
Do you find yourself jumping from one concept to another, constantly in pursuit of that breakthrough moment? If so, today’s episode is exactly the lesson you need.
Omar is here to explain why constantly chasing new ideas might actually be keeping you poor. He shares his personal journey of moving from one idea to the next and emphasizes the power of consistency and focus. From Jeff Bezos’s commitment to building Amazon to Elon Musk’s perseverance with Tesla and SpaceX, this episode will shed light on how sticking to one path can revolutionize your approach to business.
Keep chasing shiny ideas, and you’ll be stuck on the poor side of the fence forever. Click play at the top of the page and get ruthless with your focus.
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
The post MBA2547 Why New Ideas Are Keeping You Poor appeared first on The $100 MBA.
Fri, 15 Nov 2024 - 2654 - MBA1731 The More You Grow, The More You Need To Say No
You’re not a noob anymore.
At some point in your business, this becomes a fact. You have to recognize it. Embrace it. As your momentum builds, more and more opportunities will come your way.
…and you have to start turning them down.
Today, we discuss how to only say “yes” when you really mean “Hell Yeah!” That means saying “no” more than you’re used to. But it’s all part of transitioning to the next level of entrepreneurship.
As your time grows more valuable, you have to protect it. The good news? You can do so without putting people off. Learn how — Click play at the top of the page!
Show Links
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Thu, 25 Feb 2021 - 2653 - MBA2545 The Fastest Way to Make a Million Dollars
Are you ready to hit that million-dollar mark in your business? Are you ready to catapult your revenue to millionaire status? If so, today’s lesson is exactly what you need.
Omar walks you through the fastest way to make a million dollars a year in revenue, breaking down five crucial steps that he learned from personal experience. From building a scalable business and focusing on high profit margins to hiring top-notch talent, this lesson is packed with actionable insights that will help you achieve your financial goals faster and more efficiently.
Remember, a million starts with a single action. Don’t just be a listener—be a doer and pave your way to millionaire status! Click play at the top of the page and get one step closer to your millionaire dream!
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
The post MBA2545 The Fastest Way to Make a Million Dollars appeared first on The $100 MBA.
Mon, 11 Nov 2024 - 2652 - MBA2544 Why ‘Money Doesn’t Buy Happiness’ is The Biggest Lie Ever
Ever heard the saying “money doesn’t buy happiness” and wondered if there’s any truth to it? Is it really possible to be content without financial security, or is this saying the biggest lie ever told? Today’s lesson is here to challenge those widely held beliefs.
In this episode, Omar takes you on a deep dive into why the notion that “money doesn’t buy happiness” is incredibly misleading. Drawing from personal life experiences and valuable insights, he explores how money, while not a direct ticket to happiness, can eliminate stressors that often lead to unhappiness. Learn the real value of money in achieving peace, removing daily anxieties, and giving you more control over your life.
Ready to rethink everything you know about money and happiness? Hit play at the top of the page and let this lesson reshape your perspective.
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
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Fri, 08 Nov 2024 - 2651 - MBA2543 Q&A Wednesday: I Failed in Business. I’m Afraid to Try Again. How Do I Not Fail Again?
Have you ever failed in business and found yourself too afraid to try again? Wondering how to overcome that fear and move forward with confidence? You’re not alone, and today’s lesson is here to help.
Omar tackles a common yet daunting issue faced by many entrepreneurs: the fear of failing again after a business setback. Drawing from personal experiences and valuable lessons, he shares actionable steps to help you overcome this fear, learn from past mistakes, and re-enter the entrepreneurial world stronger than ever. From managing cash flow to building a support system, you’ll gain the tools you need to transform failure into a stepping stone for success.
Don’t miss this empowering lesson! Hit play at the top of the page to start conquering your fears and get ready for some game-changing advice. And if you need additional insights and resources, head over to 100mba.net for more free content to support your journey.
Download the FREE P&L sheet template over at 100mba.net/templates.
To submit your questions, visit 100mba.net/q.
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
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Wed, 06 Nov 2024 - 2650 - MBA1718 Must Read: The Decision by Kevin Hart
Yes, that Kevin Hart.
He might be a jokester, but he’s also an accomplished entrepreneur who’s transformed his life, career, and body.The Decisionisn’t just worth reading — it’s worth keeping around to give yourself a regular boost in motivation!
It’s not only a narrative. It’s a resource for regular mindset rehabilitation.
Tune in, and hear the key takeaways that make this audiobook so valuable. From someone so funny, this book is a serious tool for cultivating resilience and gratitude. Click play at the top of the page!
Show Links
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Mon, 08 Feb 2021 - 15min - 2649 - MBA2541 How To Drastically Improve Your Odds of Success in Business
Wondering what it really takes to tilt the scales of success in your favor when starting a business? Curious about the key strategies that can make all the difference between a thriving company and one that flops? Today’s lesson holds the answers you’re looking for.
In this episode, Omar breaks down five essential steps that can drastically improve your odds of succeeding in business. From solving real problems to building strong relationships and managing your finances wisely, Omar shares actionable insights and real-world examples to help you navigate the ups and downs of entrepreneurship. You’ll learn how to execute quickly, stay flexible, and consistently focus on what truly matters: your customers.
Tap play at the top of the page to dive into this valuable lesson. Transform your entrepreneurial journey with these game-changing strategies.
Download the FREE P&L sheet template over at 100mba.net/templates
Watch the episodes on YouTube: https://lm.fm/GgRPPHi
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Fri, 01 Nov 2024 - 2648 - MBA2540 Q&A Wednesday: How Do I Make My First $1 in Business?
Looking to make your first dollar in business and kickstart your entrepreneurial journey? Curious about the key steps to turn your idea into a sale? If so, today’s lesson has exactly what you need.
In this episode, Omar walks you through the practical steps to land that crucial first sale. Using real-world examples, he explains how to prioritize selling before building, validate your idea by getting paid, leverage your existing skills, offer low-risk products, and take immediate action. Whether you’re new to entrepreneurship or looking to sharpen your skills, this lesson will guide you toward making that all-important first dollar.
Ready to take action? Click play at the top of the page to get started.
Watch the episodes on Youtube: https://lm.fm/GgRPPHi
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Wed, 30 Oct 2024 - 2647 - MBA2524 Must Read: The Obstacle Is The Way by Ryan Holiday – REVISITED
Looking for a way to turn your toughest challenges into your biggest wins? Wondering how successful entrepreneurs turn obstacles into opportunities, and how you can do the same in your business? If so, today’s episode of The $100 MBA Show is exactly what you need.
Omar dives into a revisited book review of The Obstacle Is The Way by Ryan Holiday, nine years after first discussing it on the show. He shares fresh insights and personal experiences that highlight how the book’s powerful lessons have helped him overcome major business and life hurdles. From mastering perception and action to building the resilience needed for entrepreneurial success, you’ll learn how to turn any obstacle into an opportunity for growth.
Don’t miss out on this game-changing lesson! Tap play at the top of the page to learn how to take action and strengthen your resilience. Plus, grab the free worksheet at 100mba.net/worksheets to apply these lessons to your own journey. For more book reviews, visit 100mba.net/read.
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Mon, 23 Sep 2024 - 2646 - MBA2271 Q&A Wednesday: I’m stuck! My business is not growing. What do I do?
To borrow a quote from a book title, “What got you here won’t get you there.” It’s normal for new businesses to hit a plateau after a period of initial growth. But how do you…y’know, move past it?
It’s Q&A Wednesday, and we’ve got a listener with exactly that problem.
Plateaus can happen for any number of reasons. Market saturation, changing consumer preferences, economic downturns, competition — the list goes on. When it happens, get your lab coat on! Because the best thing you can do is experiment.
Think of it like starting your business all over again, but with more knowledge.
To keep growing and stay competitive, businesses have to be ready to pivot to new ways of earning customers. This means being open to new marketing techniques, exploring new sales channels, and even rethinking products or services. As the business scales, you might have to redesign all kinds of processes or look at new tools.
Again, you have to experiment.
Ultimately, the key to (continued) success is to be flexible and adaptable. Learn more about all that, and hear our advice — Click Play at the top of the page!
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Wed, 22 Mar 2023 - 16min - 2645 - MBA2142 Should You Offer Payment Plans for High-Ticket Offers? + Free Ride Friday
Charging in installments works for infomercial products. But will it work for yours?
When you don’t collect the entire price of your product or service right away, you take a risk. You may see one or two payments, only to forfeit the rest. That said, when you only accept full payment up front, you risk not making the sale.
The key is to understand what kinds of offers benefit from payment plans — and which don’t.
Today, we break down the advantages and pitfalls of payment plans, and what factors make them riskier. We’ll explore the price points and product types that do better or worse with payment plans, including the one thing you shouldalwaysget money up front for.
Make the most sales — and the most revenue — with the right payment approach. Click play at the top of this page!
ShowLinks
The Automated Webinar Challenge
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Fri, 23 Sep 2022 - 14min - 2644 - MBA2141 How Often Should You Post to Social Media?
When it comes to social media, more isn’t always better.
Our instinct (and a lot of advice out there) is to post as much and as often as possible. But the data — and our experience — don’t bear that out.
Today, we take a dive into the available data on social media, and unpack how exactly you can use FB, Twitter, the ‘Gram, and LInkedIn toyouradvantage. Remember: these platforms and the companies that run them have their own goals, and it’s not to grow your business.
The key is to balance the platform’s agenda with your own.
Learn what each channel looks for (and rewards) so that you can post and interact in a way that works. Choose the right channel for your niche and content style. Use the numbers to create a strategy that’s effective — not a guess.
As they say, if you’re not paying for the product, youarethe product. Don’t let social media platforms benefit only themselves. With the right knowledge, they can work for your business too. Click play at the top of this page!
ShowLinks
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Thu, 22 Sep 2022 - 13min - 2643 - MBA2140 Q&A Wednesday: How do I choose an email marketing software for my business?
Email is one of the most powerful tools for an independent business.
As they say (and as we often repeat) “the money’s in the list.” For all the marketing channels out there, email still gets the best results in terms of reach and conversions.
But there arewaytoo many email platforms out there.
Today, we help a brave, aspiring young entrepreneur get started on the right track, by choosing an email platform that gets the job done on a high-schooler’s budget. But it’s not just about finding the cheapest option — it’s about finding an option that won’t hold you back when the business actually grows.
Learn what every independent business needs from their email platform, and how to make sure you choose the right one. And of course, we’ll share our personal recommendation for the platform we trust with our own campaigns.
Once you choose an email service, switching is a heavy lift. Make sure you don’t have to do it too often, by starting with one that’ll serve you well for years. Click play at the top of this page!
ShowLinks
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Wed, 21 Sep 2022 - 13min - 2642 - MBA2139 How to Charge for a Service on Your Website
Charging for a physical or digital product is fairly easy. But what about services?
If you’re a freelance web designer, copywriter, or coach, getting paid can be tricky. Today, we explore the best ways to charge for services and process payments quickly — without hurting sales or getting yourself overburdened with complicated software tools.
Buying your service online should be just as seamless as buying a t-shirt!
In this episode, we explain exactly what your point-of-sale and payment processing tools need to do for you, and share our top recommendations for the tools we like most. Save yourself a few hours of research, and get more sales for your services. Click play at the top of this page!
ShowLinks
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Tue, 20 Sep 2022 - 16min - 2641 - MBA2138 Must Read: Effortless by Greg McKeown
Harder doesn’t mean better.
In fact, the opposite might be true. For as powerful as grit and a solid work ethic can be, we’re never grunting and sweating when we’re at our best. We’re smooth. We’re fluid.
We’re…Effortless.
Greg McKeown first changed our approach to business with his truly essentialEssentialism, which advocates for a strict focus on what matters most. Now,Effortlessadds a new dynamic: embracing the ease that characterizes our best efforts.
Of course, it means reframing your mindset. If you believe that “hard work” is always the way forward, it might take some mental pivoting to understand that incredible results often come from low levels of effort — at least as people typically understand effort.
Hear the key points and top takeaways from this instant classic. Click play at the top of this page!
ShowLinks
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Mon, 19 Sep 2022 - 19min - 2640 - MBA2137 How To Create Attractive Templates To Get More Leads + Free Ride Friday
Information isn’t the only thing that gets leads.
When we create free lead magnets, we often default to sharing information. After all, sharing what we know doesn’t cost much, and knowledge is easy to transfer online. But there’s another option — and it’s just as good for conversions: templates.
Whether it’s email or blog post templates, slide deck templates, or something else, a template doesn’t teach your lead anything. But it still empowers them.
In other words, a free template is a solution to a pain point, just as much as an e-book or checklist is. The difference: it’s easier to use right away, and leaves a smaller gap between what you gave your lead and what theyactually did with it.
Today, hear how we use free templates as highly effective lead magnets. And learn how to ask yourself what kinds of templates your audience might appreciate. Click play at the top of this page!
ShowLinks
The Automated Webinar Challenge
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Fri, 16 Sep 2022 - 15min - 2639 - MBA2136 What I Learned From Hosting a 4 Day Event
Offering live, in-person workshops, retreats, and other events isn’t easy.
…but it’s so worth it.
Recently, Omar hosted a 4-day in-person ski & snowboard retreat for independent founders. It was the first in-person event we’ve put together in a while, and it didn’t goexactlyas planned — but it was still a win for us, and a worthwhile experience for everyone who attended.
Today, we share how we planned this event, what went right and wrong, and how we navigated the unexpected twists along the way.
If you’re thinking of organizing an event like this (especially if it involves travel, lodging, and the other logistics that can get complicated quickly) give this episode a listen. Learn how to make sure that both you and your attendees get the value they’re looking for — and have a great time while they’re doing it. Click play at the top of this page!
ShowLinks
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Thu, 15 Sep 2022 - 19min - 2638 - MBA2135 Q&A Wednesday: When do I hire my first executive assistant?
If you’re running a business by yourself, the question isn’tifyou should hire an EA or VA (Executive Assistant/Virtual Assistant).
The question iswhen.
And wouldn’t you know it, one of our listeners asked exactly that. It’s Q&A Wednesday, and we’ve got a solopreneur who knows an EA will be a good idea at some point. But how soon is too soon? How can you know when it’s the right time?
In other words, at what point does an EA become an investment, rather than just an expense?
In this episode, we’ll discuss why and how an EA can empower you to make more money, by freeing you up to focus on higher-priority revenue-generating tasks. We lay out a step-by-step system you can use to determine if the time is now, or if your EA is still a while down the road.
Bonus — we also get into where to look for a great EA, so you can hire one that’s (almost) as good as ours. Click play at the top of this page!
ShowLinks
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Wed, 14 Sep 2022 - 15min - 2637 - MBA2034 How To Create a Go To Market Strategy
Never go to market without a strategy.
A launch is never as simple as just putting your product or service in front of people. Before you attempt the first sale (whether it’s a new business, a pivot, or a product launch), you have to decide exactly how to make your “entrance” into the marketplace.
Today, we break down exactly how to plot your debut.
Based on countless hours of reading, research, and coaching, we’ve boiled the go-to-market strategy down to 6 basic steps. In this episode, we share how to define and position your brand, appeal to the right customer base, and build a solid springboard for your launch.
Learn how to communicate what your business is, what it stands for, and who it serves —beforeyou hit the market. Click play at the top of the page!
ShowLinks
The Ultimate Sales Machine by Chet Holmes
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Tue, 26 Apr 2022 - 18min - 2636 - MBA2004 How To Use Twitter to Build a Better Product
When entrepreneurs think of Twitter, they usually think of marketing.But they shouldalsothink about product development.
Why? Because people love to complain, especially on social media.
And when they complain about certain challenges — and certain products — you get free insight into how your business can solve the problems no one else is solving! In other words, Twitter is 100% free market research.
It’s simply too easy (and too valuable) to pass up. Today, Omar shares real-world examples of how a little Twitter research can help position your company to be a hero to consumers.
Learn how to use Twitter to rethink your product, and how to sell it. Click play at the top of the page!
ShowLinks
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Tue, 15 Mar 2022 - 16min - 2635 - MBA1830 Q&A Wednesday: I hate customer support. Should I hire a support manager?
What do you love least about your business?
More importantly, why?
It’s Q&A Wednesday, and we’re helping one listener decide what to do about Customer Support. Thing is, this entrepreneur just “hates” it. But before we choose a course of action, we have to understand the real root of the problem.
Plus, is it smart to pay someone else for work you can do? Is it not “lean” enough for a startup to make unnecessary hires?
We explore all the ins and outs of this intriguing problem. We’ll discuss how to decide whether you really need to delegate something, and if so, how to go about it. It could be that making a hire is the best thing for this business owner. Then again, maybe not.
Learn from this listener’s dilemma, and our experience with similar situations. Click Play at the top of the page!
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Wed, 14 Jul 2021 - 11min - 2634 - MBA1828 Guest Teacher – Steph Clarke – How to Get the Most Value From the Books You Read
Books are the greatest investment you can make in yourself.
We’ve always maintained that — it’s why we host regular “Must Read” book review episodes. That’s why it’s so exciting to have Steph Clarke, bookwormpar excellenceon the show! The host of theSteph’s Business Bookshelfpodcast, Steph knows a thing or two (or 4) about maximizing every minute you spend reading.
Today, Steph is here with strategies for really digging into the books you choose.
By taking an active approach to learning from your books, you can absorb and retain more from every page. Steph is here with 4 specific tips for reading more, reading more actively, and letting books actually change your life.
For entrepreneurs, reading is more than just looking at words on a page. It’s an engaged process that brings real-world results. Click Play at the top of the page!
Show Links
Steph’s Business Bookshelf Podcast
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Mon, 12 Jul 2021 - 19min - 2633 - MBA1355 Q&A Wednesday: How do I learn to say no?
Enough already!
When you’re new to business, it can feel impossible to turn anything, or anyone, down. But if you’re not careful, you can “yes” yourself into a total productivity breakdown — leaving your business worse off than if you’d simply had the courage to say “no.”
It’s Q&A Wednesday, and we’re helping a classic “yes” addict. What many of us don’t realize is that every time we say “yes” to one thing, we are — by definition — saying “no” to something else. That can only lead to one conclusion: a great entrepreneur has priorities, not an endless To-Do list.
Learn how to support and impress the people who rely on you, without burning yourself out. Understand how doing less can create more opportunities. Tune in, and see how tackling fewer things empowers you to tackle them like a champ. Plus, hear our simple strategy for finally seeing the true value of your precious, limited time. Click play at the top of the page!
Show Links
Must-Read: Essentialism by Greg McKeown
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Wed, 18 Sep 2019 - 14min - 2632 - MBA1354 Should You Hire a Marketing Agency or Hire In-House?
Marketing: should you hire out, or hire in?
It’s kind of like deciding whether to cook or call for takeout. On the one hand, you have ease, convenience, and the experience of specialists. On the other, you have a chance to create something that’s yours — something truly grounded in your own business and message.
We’ve done both, so we know the advantages of each option.
Today, we discuss the true value of outside marketing agencies versus your own marketing staff. Which is the smarter play for you? With so many facets of marketing to consider (content, strategy, copy, etc.), building your own marketing team is no small project. But the long-term rewards can mean everything to your business.
We break down the skill sets required to truly “market” — and what we mean by “market” — as well as the specific challenges of assembling your own team. Whatever you choose, make sure it’s right for you. Click play at the top of the page!
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Tue, 17 Sep 2019 - 19min - 2631 - MBA1235 Q&A Wednesday: Should I get funding before I launch?
You want to launch a business. Should you bootstrap down and go lean, or take a hefty investment from an outside source?
It’s Q&A Wednesday, and one of our listeners is pondering whether to take money from an investor or bank. Is a pile of outside money a launching pad, or a trap? Is it wise to take money before getting proof of concept, or silly to turn perfectly good dollars away?
Today, we explain why it isn’t so easy to get money for a business idea — and why it might not be as desirable as you think. We also discuss how to convince investors or lenders to back you, it that’s indeed what you want to do.
It’s a tough decision, and one that’ll determine the course of your business. Click play at the top of the page!
Show Links
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Wed, 03 Apr 2019 - 13min - 2630 - MBA1132 How Often Do You Need to Meet with Your Team? + Free Ride Friday!
Meetings: is there anyone who actually likes them?
For most businesses, meetings are a must, at least occasionally. Very rare is the business in which the team never gets together, either virtually or in person. However, too many meetings are just as dangerous as too few. So what’s the right frequency for your business?
Today, we discuss how to determine exactly how often to meet. From the daily “Stand Up” to the monthly get-together, we’ve seen dozens of different approaches, with varying degrees of success. Balancing the need for communication with the need for efficiency can be a tricky proposition, one with serious impact on the morale and productivity of your team.
Our formula for creating your team’s meeting schedule can help you establish a fair, groan-free system for catching up together, and then getting back to work. With a little forethought, you can keep everyone on the same page, without taking away from your employees’ independence. Click play at the top of the page!
Show Links
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Fri, 09 Nov 2018 - 16min - 2629 - MBA1131 Paying Staff Hourly vs. Salary
The age old question for entrepreneurs with growing teams: when does is stop being smart to pay by the hour? When is a salary the right move?
Depending on the employee, how you pay them can make all the difference in both their productivity and your return on investment. And while one option definitely (usually) costs more than the other, what you get back for that money is just as variable.
We had to learn this ourselves, with our own businesses depending on a remote team of dozens.
Our mixture of full-time employees, part-timers, and freelancers requires a careful balance of pay-affecting factors. With pros and cons to both approaches, weighing the cost of employee pay with the value of employee work can be tricky business — especially when the pay structure has a serious impact on the quality of their work.
Today, we discuss how to decide which way you’ll pay a given employee, how to set expectations, and how to ensure you’ll both get what you need from each other in a mutually beneficial arrangement. Click play at the top of the page!
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Thu, 08 Nov 2018 - 13min - 2628 - MBA1130 Q&A Wednesday: How do I create Facebook ad images without a designer?
Facebook advertising works, but only if you do it right.
It’s Q&A Wednesday, and we’ve got a listener who’s ready to advertise, but not sure how to design ads that convert — and more importantly, don’t waste the advertising budget.
Fortunately, you don’t need to hire an expensive pro to design effective Facebook ads. There are several options, and lots of resources, for the DIY advertiser. With a little guidance and some helpful tools, you can create several Facebook-friendly images that work perfectly within the social site’s parameters.
Knowing Facebook’s rules and applying one of the 3 options we discuss today will pay off, with a patient approach to the platform that prioritizes efficiency. In relatively little time, at little cost, you can unleash ads that work, avoiding common pitfalls along the way.
Hear how it’s done. Click play at the top of the page!
Show Links
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Wed, 07 Nov 2018 - 14min - 2627 - MBA1006 5 Common Mistakes When Starting Your First Business
You’re starting your first business. Are you nervous?
Don’t be! Even though it’s your first time, you’ve got the advantage of our experience, right here on this podcast. There are so many things we wish we knew when we first got started. Today, we share 5 of the most important mistakes we wish we hadn’t made — because we totally did.
These are not small mistakes! All five of these screwups are potential business-killers.
The good news is that because we made these mistakes already, you don’t have to. And even if you have already made them, it’s not too late to change course. Whatever you do, do not let these errors slide. Avoid them, stop them; whatever it takes.
Many of these mistakes involve the transition from conventional work to entrepreneurship. For the newly independent, it’s important to know the key differences that trip people up. Let our experience (and our failure) be your guide. Click play at the top of the page!
Show Links
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Thu, 17 May 2018 - 18min - 2626 - MBA818 Why Google Alerts Are So Important Plus Free Ride Friday!
Keeping your finger on the pulse of the market can be tricky. What if there was a way to know what’s being said about your industry (and your business specifically) as soon as it’s said? Welcome to Google Alerts! This vital tool lets you stay engaged with your consumer base, address misperceptions, and stay a part of the conversation. Click play at the top of the page!
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Fri, 25 Nov 2016 - 15min - 2625 - MBA817 How to Craft an Effective Newsletter For Your Subscribers [REBROADCAST]
If you’re not emailing, you’re not marketing. That’s why we dedicated this archived episode to crafting the best possible regular newsletters. With humor, honesty, and creativity, you can send emails that customers want to read, not delete. More importantly, you can send emails that convert to sales. Click play at the top of the page!
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Thu, 24 Nov 2016 - 14min - 2624 - MBA348 Is Your Business Affecting Your Personal Life? How to Handle It.
Building a business is overwhelming. Unlike traditional jobs where your mind is off of it as soon as you reach home, your business is always on your mind. This can greatly take over every aspect of your life. Learn how to handle this in today’s episode. Press that play button at the top of the page!
Show Links
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Thu, 13 Aug 2015 - 2623 - MBA347 Why Would You Host a Live Event?
Live events are a big deal these days and for a good reason. They work. But live events aren’t for everybody. Find out the advantages and disadvantages of hosting a live event and why you would want to do it. Let’s get down to it! Click play at the top of the page!
Show Links
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Wed, 12 Aug 2015 - 2622 - MBA346 Is Starting a Podcast a Good Idea For Your Business?
Guys, today is the show’s 1st birthday and without you, our listeners, we wouldn’t be here. As a present for all of you, we’re sharing our personal advice about starting a podcast for your business. Does it help your business? What are the things to look out for? Celebrate with us today on our birthday! Blow out the candle and click play at the top of the page!
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Tue, 11 Aug 2015 - 2621 - MBA345 Guest Teacher: David Lizerbram- The 3 Legal Must Do’s For Your New Business
This is the episode you’ve been waiting for because today, our guest teacher David Lizerbram- Attorney and business strategist, will teach us the 3 most important things for you to set up and do, to make sure your business is legally sound. We all want protection so to make sure we get that, let’s all listen to today’s episode. Let’s get started!
Show Links
Pat Flynn’s Trademark Case Study
Free Copy of Podcast Law Guide
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Mon, 10 Aug 2015 - 2620 - MBA344 Q&A Weekends: How do you handle non-responses to those you reach out to?
There will be times when you’ll try and reach out to people in your industry to either collaborate, consult with, or even just get to know. There’s the chance that you will not get a response. Why does this happen and how do we handle such a situation? Let’s find out! Hit play at the top of the page!
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Sun, 09 Aug 2015 - 2619 - MBA336 Q&A Weekends: I’m having trouble with a client not paying me. How do I get paid without ending our business relationship?
If you are working with a client who’s not paying you for your products or services, you are in a difficult situation. This could happen in any kind of business and many of us have been there! However, this can be solved. Find out how you can resolve this by clicking play now at the top of the page!
Show Links
Book Yourself Solid by Michael Port
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Sat, 01 Aug 2015 - 2618 - MBA313 How to Identify Your Strengths and Use Them
So many people start a business around things that are just not their strengths. This can hurt your business or your life as you do things in your business that you’re just not good at. Today, let’s talk about how we can identify our own strengths and use them so it can improve us and our business. Click play at the top of the page!
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Thu, 09 Jul 2015 - 2617 - MBA312 How to Manage Frustration in Your Business
Things will get frustrating at times. Knowing how to handle this properly will really make a big difference in the success of your business. In today’s episode, we are dedicating some surefire ways to manage your frustrations and challenges in your business. Press the play button at the top of the page and listen now!
Show Links
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Wed, 08 Jul 2015 - 2616 - MBA310 Must Read: Essentialism by Greg McKeown
Are you the kind of person who thinks you can do it all but you find that you are stretched too thin and you’re way too stressed out? Are you “majoring in minor activities”? Enter the way of the Essentialist. Essentialism by Greg McKeown is high on our MUST read list. This book gave us one of the most powerful mindset shifts that immediately impacted our life and business. Let’s get into it!
Show Links
Buy the book Essentialism: The Disciplined Pursuit of Less by Greg McKeown
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Mon, 06 Jul 2015 - 2615 - MBA309 Q&A Weekends: How can I learn how to get started with Facebook Ads?
Facebook ads have become very popular recently. If done right, they are very effective in driving traffic or sales to your business. If you have just got started, today is your lucky day because we’re giving you valuable resources today about where you can learn how to use Facebook Ads. Press play at the top of the page!
Show Links
A Comprehensive Guide to Facebook Ads by Pancham Prashar
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Sun, 05 Jul 2015 - 2614 - MBA308 Q&A Weekends: What’s a good email hosting service other than Gmail?
If you’re a business owner, you always want your email to look pro. Your business email has to have your domain name on it or else it won’t look professional. So, other than Gmail, are there any other email hosting services that does this for your business? What are your options? Find out today in this episode of The $100 MBA Show!
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Sat, 04 Jul 2015 - 2613 - MBA307 How To Handle Customer Demands Plus Free Ride Friday!
You will always get feedback or demands from customers if you sell products or services. This is unavoidable. But what’s important is that you can handle and reply to your customers’ demands the right way. Listen to our episode today and learn to take these demands and handle them with grace. Press play at the top of the page!
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Fri, 03 Jul 2015 - 2612 - MBA306 Is Upselling Scammy?
Often, upselling is perceived as scammy especially in online businesses. So you better be careful on how you do it because there is a right way of doing it. We’ll share with you our personal thoughts on this topic and some important points on how to upsell the right way. Click play at the top of the page!
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Thu, 02 Jul 2015 - 2611 - MBA305 The 5 Mistakes to Avoid with Affiliate Marketing
If Affiliate Marketing is a big part of your business, check this out and see if you’re making some of the mistakes mentioned in the episode. These mistakes are common but can be avoided if you know what they are! Listen to the episode and learn more!
Show Links
MBA296 Guest Teacher: Scott Stratten- Marketing Ethics
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Wed, 01 Jul 2015 - 2610 - MBA304 How to Plan and Execute a Joint Venture
What is a Joint Venture? How does it help your business? How do you do it right? We’re answering all these questions and more in today’s episode so listen and learn!
Show Links
MBA267 Q&A Weekends: Do you recommend selling on stage at an event? Is it effective?
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Tue, 30 Jun 2015 - 2609 - MBA303 Must Read: Entreleadership by Dave Ramsey
Here on The $100 MBA Show, we showcase a book that we feel you MUST read especially if you are an entrepreneur. Today, we’re featuring Entreleadership by Dave Ramsey and you’re right! The book title is a combination of the words entrepreneur and leadership because being a leader in the business world is a completely different journey. So let’s find out how we can be a great leader as an entrepreneur, click play at the top of the page!
Show Links
EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches by Dave Ramsey
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Mon, 29 Jun 2015 - 2608 - MBA1697 Are You Launching Too Late? + Free Ride Friday
What’s the “right” time for a launch?
Whether it’s a business, product, website, or content launch, timing is everything. Today, we discuss how to create a smart launch timeline that creates a real moment — and takes advantage of it.
We’ve had to learn how to nail this ourselves.
As our own software company moves towards a major launch, our experience can help you prepare for your next rollout. Hear our process, and study some examples from other companies that got it right. Click play at the top of the page!
Show Links
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Fri, 08 Jan 2021 - 2607 - MBA283 4 Steps to Becoming a Well Read Entrepreneur
Most great entrepreneurs are well read. Reading is a habit that successful people have so if you want to be successful, reading needs to become one of your habits. Learn the 4 steps to becoming a well read entrepreneur. Click play at the top of the page!
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Tue, 09 Jun 2015 - 2606 - MBA277 Creating an Effective Sales Video PT2
Today’s lesson is the Part 2 of the two-part lesson of creating an effective sales video. In this episode, we’re going to get a recap of the steps from yesterday’s episode and cover the remaining steps so we can learn to sell what we’re selling in a short amount of time. This is very important because people’s attention spans are getting less and less nowadays. So let’s get it started! Press play at the top of the page!
Show Links
MBA276: Creating an Effective Sales Video PT1
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Wed, 03 Jun 2015 - 2605 - MBA276 Creating an Effective Sales Video PT1
We all know the power of a video, it conveys a powerful message in a short amount of time. That explains how powerful a video is when you put it on a sales page. So, how do you put one together to create a compelling sales video so you can drive success to your business? Press play at the top of the page to find out!
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Tue, 02 Jun 2015 - 2604 - MBA275 Guest Teacher: Adam Urbanski- How to Turn Your Know-How into a Cash-Cow
Do you notice that people often turn to you for a solution to their problem because they think you can resolve it for them? Do they ask advice from you because they see you as someone who knows how to do that particular thing? Then you should consider getting paid for it. Today’s episode is special because you’re going to hear from a Millionaire Marketing Mentor – Adam Urbanski and he is going to exactly talk about how to turn your knowledge into profit! There’s a lot to talk about so click the play button at the top of the page now!
Show Links
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Mon, 01 Jun 2015 - 2603 - MBA274 Q&A Weekends: What are the benefits and drawbacks of selling software?
You may be one of today’s entrepreneurs who’s very interested in software business. Listen to this episode and learn the benefits and drawbacks of selling software so you can get ready and take care of your software business successfully. Press the play button at the top of the page now!
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Sun, 31 May 2015 - 2602 - MBA273 Q&A Weekends: I can’t get anyone to believe in me or my business? How do I break through?
If you’ve just started your business, then you know how it feels like when it seems that you’re working very hard but can’t seem to get people to believe in your business and your ideas. In today’s episode, we’re going to answer a common question about how to break through in your business. Press Play at the top of the page!
Show Links
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Sat, 30 May 2015 - 2601 - MBA272 How to Use Infographics in Your Business Plus Free Ride Friday!
Infographics are awesome! They look very cool, they’re easy to consume, a great way to convey valuable information to your audience and best of all, it’s also a great way to build your email list! In today’s episode, let’s learn how to utilize Infographics to add value to your website, brand and your business! Press play at the top of the page!
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Fri, 29 May 2015 - 2600 - MBA271 6 Movies Every Entrepreneur Should See & Why
In today’s episode, Omar compiled his personal top 6 films that he would encourage any aspiring entrepreneurs to watch. You’ll find the list of movies both entertaining and as well as useful when it comes to entrepreneurship. Put one or all of them in your playlist this weekend so get ready and press play at the top of the page!
Show Links
6 Movies Every Entrepreneur Should See…and Why.
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Thu, 28 May 2015 - 2599 - MBA270 How to Pre-sell Your Product PT 2
In today’s Part 2 of the two-part lesson: How to Pre-sell Your Product, we’re going to dive deep into marketing your pre-sell products, how to drive traffic to your actual sales page, make sure your sales page is ready for your customers to buy, the tools you can use to actually charge your customers and what to do in the meantime before you release your product. All that in this jam-packed episode so let’s hear it!
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Wed, 27 May 2015 - 2598 - MBA267 Q&A Weekends: Do you recommend selling on stage at an event? Is it effective?
Is selling on stage at an event a good move? Let’s learn how to do it if you choose to do it and we’ll share some of the things to look out for so it doesn’t backfire on you in today’s Q&A Weekends episode! Press play at the top of the page!
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Sun, 24 May 2015 - 2597 - MBA265 How to Motivate Your Team Beyond Money Plus Free-Ride Friday!
Most of us think that money is the key motivator but the fact is that it is not. There are of course other things beyond money that can motivate your employees to not leave you and find other jobs. We’ll find out in today’s episode about how to motivate your team other than with money so let’s get into all the details, go and click play at the top of the page!
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Fri, 22 May 2015 - 2596 - MBA264 Can You Work with Family?
Many people have family members working with them in their business or they’re in a family business. And when you work with family, it involves a lot of emotions, personal connections, thoughts, and sensitivity. In today’s episode, we’ll learn how to deal and work with family the right way. Press play at the top of the page!
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Thu, 21 May 2015 - 2595 - MBA257 Should You Have a Mentor?
In business and in life, it’s often talked about that one should have a mentor. But I actually don’t think you should have a mentor. Want to know why? Tune in today on The $100 MBA Show to find out my take on this topic.
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Thu, 14 May 2015 - 2594 - MBA256 Can You Grow Too Fast?
Growing a business too fast might seem very appealing. It also happens more often than you might think. But in this episode, we will tell you why growing too quickly can have some serious drawbacks. Get ready to learn today on The $100 MBA Show!
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Wed, 13 May 2015 - 2593 - MBA255 Watch Your Back! You Can’t Trust These People.
It’s just a fact of life that you can’t trust everyone. There are some people that won’t always have your best interest in mind. You need to know how to identify these people and how to stay away from them. Click play at the top of the page to find out how.
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Tue, 12 May 2015 - 2592 - MBA254 Must Read: First, Break All the Rules by Marcus Buckingham
How do the world’s greatest managers nail it at being incredible at what they do? Do you wonder why their employees seem happy and satisfied working for them? How can you achieve this? This must read episode can help you answer these questions intensively. Learn why you must read this book here on The $100 MBA Show!
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Mon, 11 May 2015 - 2591 - MBA253 Q&A Weekends: You’ve had physical and online businesses. Which one do you prefer and why?
If you’re an aspiring entrepreneur and haven’t actually started your own business yet, deciding whether to put up a physical or online business is what may have been holding you back. Well today on The $100 MBA Show, you’re going to hear something that’s based on experience to answer which kind of business we prefer. So go ahead and click play at the top of the page!
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Sun, 10 May 2015 - 2590 - MBA250 Can You Hustle Too Hard?
When we say hustle, it means working hard. And when we say working hard, it also means sacrifices. Hard work is very important especially in your business. But is too much hard work okay for us? What can we do about it? Let’s find out if we can hustle too hard in today’s episode of The $100 MBA Show!
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Thu, 07 May 2015 - 2589 - MBA249 Are You a Great #2?
How do you know if you’re not good at being a leader? What if you are not meant to lead but still want to a great role-player in your business? What are the signs of being a great number 2? Know if you’re a great number 2 in today’s episode of The $100 MBA Show!
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Wed, 06 May 2015 - 2588 - MBA247 Guest Teacher: Jason Zook – How to Get Sponsorships for Anything
Today’s guest teacher is a very talented and creative guy who’s going to teach you in a very practical way how you can get sponsorships for ANYTHING. There’s no magic bullet here, only tried and true ways that Jason has proven worked for him and they can work for you too if you take action and apply these strategies. Wait no more and dig in!
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Mon, 04 May 2015 - 2587 - MBA239 Q&A Weekends: Do I need to show a picture of myself on my business website or can I be anonymous?
It’s Q&A Weekends and we’re answering this question for today. Do I need a picture of myself on my business website or can I be anonymous? This is actually not an uncommon question especially for someone who values privacy. Most of the time we want to be private but with the ever changing business world, is it okay to stay anonymous? Hear our take on this in today’s episode of The $100 MBA Show! Ready, set, go!
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Sun, 26 Apr 2015 - 2586 - MBA215 How To Be a Guest on a Podcast
Appearing on a podcast is a great way to get exposure. In today’s episode we get into the formula on how to do it right. From the research, to how you should approach the host, to what to do during the podcast, as well as after. Click play at the top of the page and go into it with confidence!
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Thu, 02 Apr 2015 - 2585 - MBA100 Must Read: How To Win Friends and Influence People by Dale Carnegie
Today’s special 100th episode is a MUST READ episode. Today’s must read book is Dale Carnegie’s How To Win Friends and Influence People. Nicole, our Producer joins Omar to talk about why this book is one of the best business books of all time. Find out why this book is so powerful and has influenced us as entrepreneurs. We’re also giving away that $100 Amazon Gift Card we’ve been talking about, so go ahead, press play at the top of the page and enjoy!
Show Links
Get How to Win Friends and Influence People by Dale Carnegie
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Mon, 08 Dec 2014 - 11min - 2584 - MBA99 Q&A Weekends: What has been your biggest challenge as an entrepreneur?
Building a business is a daunting task and is definitely not for the faint-hearted. Our journey towards the realization of our business goals are filled with highs, lows and some detours along the way. Today we answer another question that pertains to the biggest challenge that we’ve ever encountered as entrepreneurs. We know you’re curious to know, so let’s get down to business!
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Sun, 07 Dec 2014 - 8min - 2583 - MBA85 Q&A Weekends: How do you get sponsors for your podcast?
Today is a Q&A Weekend question is: “How do you get sponsors for your podcast?” As per Omar’s style, he’s going to give you the answer you NEED to hear not the one you WANT to hear. Let’s not beat around the bush any longer and let’s hear the answer right now. Do it, press play at the top of the page!
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Sun, 23 Nov 2014 - 9min - 2582 - MBA84 Q&A Weekends: Have you had any speaking training? What do you recommend?
Today is a Q&A Weekend episode. Today’s question is: “Have you had any speaking training? What do you recommend?” We stress the importance of communication as entrepreneurs and business owners all the time, and for good reason. Today we talk about some tips and motivating factors to getting that public speaking skill under your belt. Now, go ahead, press play at the top of the page!
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Sat, 22 Nov 2014 - 7min - 2581 - MBA82 How to Get the Most Out of Conferences
Conferences are one of the best ways to grow your network and build lasting relationships in business. But before you go to your next conference you should know how to prepare and get the most out of it. In today’s episode we give you our top tips on getting the most out of your next conference. Press play at the top of the page and dig in!
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Thu, 20 Nov 2014 - 11min - 2580 - MBA81 How to Create and Deliver Your Elevator Pitch
Explaining what you do to someone may seem easy and you may think you have a handle on it, but believe me, there’s more to it than meets the eye, or ear. You’ll learn how to craft that perfect elevator pitch, (or speech), that quickly, effectively and brilliantly holds the attention of the person you’re speaking to. What are you waiting for? Let’s learn how to do it right now!
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Wed, 19 Nov 2014 - 11min - 2579 - MBA80 How To Work While Traveling
Can you step away from your business without it falling apart around you? Today we address some tips to help you manage your business and get work done in the event that you need to travel or relocate temporarily. Get ready to take some notes!
Show Links
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Tue, 18 Nov 2014 - 14min - 2578 - MBA79 Guest Teacher: John Corcoran- How to Consciously Build Your Network
Today is a guest teacher episode and we have John Corcoran fromsmartbusinessrevolution.com. John is an expert at building relationships and a network. As a former White House speech writer, John knows how to communicate and connect with others in an authentic and natural way. In today’s lesson he will teach you how to consciously build your network in 5 easy steps. Press play at the top of the page and thank me later!
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Mon, 17 Nov 2014 - 14min - 2577 - MBA78 Q&A Weekends: How do I choose a Theme for my site?
Today is a Q&A Weekend episode! Today we answer: “How do I choose a Theme for my site?” Get all details on what to look for when choosing a Wordpress theme and where to buy one that’s right for your business. Press play at the top of the page and get all the answers!
Show Links
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Sun, 16 Nov 2014 - 8min - 2576 - MBA2538 Why I’ve Changed My Mind on Social Media Marketing
Omar was not always fond of social media marketing. Long-time listeners of the show might recall his take about social media being a distraction from the more important tasks that your business requires. Do you want to know why he changed his mind on social media marketing after years of skepticism?
Omar shares compelling reasons, backed by his own recent experiences, detailing how social media can build brand affinity, drive traffic, generate leads, and even help shape your brand narrative. Get ready to learn actionable strategies for leveraging social media effectively and transforming your approach to online marketing.
Don’t miss out on this lesson! Click play at the top of the page to uncover the benefits and strategies of social media marketing.
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Fri, 25 Oct 2024 - 2575 - MBA2537 Q&A Wednesday: How do I find the time to start a business?
Struggling to find the time to start your dream business? Balancing a full-time job, family commitments, and personal responsibilities can make it feel like there just aren’t enough hours in the day. But what if you could carve out dedicated time to turn your side hustle into something bigger?
In today’s lesson, Omar dives into practical strategies to help you make time for your entrepreneurial goals. Forget the traditional advice about tracking wasted time; instead, learn how to prioritize your business as a non-negotiable part of your weekly routine. Omar shares his own experience from juggling a full-time teaching job to eventually making the leap into full-time entrepreneurship, providing actionable tips that you can implement today.
Ready to make it happen? Hit play at the top of the page and take the first step toward transforming your side hustle into a thriving business. Don’t forget to download the free worksheet at 100mba.net/worksheets to get a checklist of all the steps discussed in today’s lesson. Remember, if you have any questions for Omar, feel free to submit them at 100mba.net/q.
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Wed, 23 Oct 2024 - 2574 - MBA1508 Guest Teacher – Clay Staires – How to Create Repeat Business and Customer Service Experiences That Wow in the Digital Age
Customer service is your difference.
It’s one of the best ways for a small business to stand out from competitors and build a loyal following. You don’t have the marketing and advertising budgets of bigger operations, but you can devote a larger portion of your resources to making sure your customers aren’t just happy — they’re evangelists.
Today, we have an expert who knows exactly how to do that.
Clay Staires is a mindset master and professional inspirer who specializes in creating customer experiences that translate to growth. If anyone understands how to build something from very little, it’s Clay, who went from literal homelessness to entrepreneurial success.
Clay is here to show us how to instill the kind of customer service that can define a brand. With a little intention, you can create an experience for customers that will echo, and bring more business your way.
Tune in, and learn how to get some serious word of mouth going. Click play at the top of the page!
Show Links
Clay Staires/Leadership Initiative
The post MBA1508 Guest Teacher – Clay Staires – How to Create Repeat Business and Customer Service Experiences That Wow in the Digital Age appeared first on The $100 MBA.
Mon, 20 Apr 2020 - 22min - 2573 - MBA2535 Why Your 9-5 is Risky
Craving a deeper understanding of why sticking to your 9-5 job might be riskier than you think? Have you ever questioned the “stability” that traditional employment supposedly offers? If these thoughts have crossed your mind, this lesson is exactly what you need.
Omar flips the script on the common belief that entrepreneurship is the risky option and reveals the hidden dangers of relying solely on a single income stream from a traditional job. He lays out compelling reasons why job security is more fragile than it seems, from economic shifts and technological advancements to limited financial growth. By the end of this lesson, you’ll be rethinking how safe your 9-5 job really is and considering alternative paths for a more secure future.
Ready to uncover the real risks of your 9-5 job? Tap play at the top of the page to dive into this enlightening lesson with Omar.
The post MBA2535 Why Your 9-5 is Risky appeared first on The $100 MBA.
Fri, 18 Oct 2024 - 2572 - MBA2534 Q&A Wednesday: How Do I Find My Passion?
Struggling to figure out how to find your passion and turn it into a thriving business? Ever wondered if following your passion is the best way to create a successful venture? If so, this episode is a must-listen.
In today’s lesson, Omar takes an unconventional approach to the age-old advice of building a business around your passion. He explains why this popular strategy might actually lead you astray and offers a more effective alternative: focusing on the value you can provide. Using personal examples and market insights, Omar guides you through identifying your unique strengths and leveraging them for business success.
Don’t wait to unlock the secrets to building a business that lasts! Tap play at the top of the page and start focusing on what truly matters. Dive in now to discover how adding value can lead you to entrepreneurial triumph.
The post MBA2534 Q&A Wednesday: How Do I Find My Passion? appeared first on The $100 MBA.
Wed, 16 Oct 2024 - 2571 - MBA2533 Extended Interview: Peter Baines – How To Create a Value-First Charity
Curious about how you can create a charity that provides genuine value to donors beyond just asking for donations? Looking to understand how businesses can align charitable contributions with their strategy to create meaningful impact? Then today’s lesson is tailored just for you.
In this special episode, Omar welcomes Peter Baines, the founder of Hands Across the Water, as they delve into the concept of a value-first charity. Peter shares his journey from working in law enforcement to establishing a successful charity that not only supports vulnerable children in Thailand but also provides unique, life-changing experiences for its donors. Learn the strategies that helped Peter raise significant funds and how you can implement similar tactics to ensure both donor satisfaction and long-term charitable success.
Don’t miss this insightful lesson! Tap play at the top of the page and get ready to discover actionable tips on transforming your charitable efforts.
To celebrate 10 years of The $100 MBA Show podcast, we’re committed to raising a minimum of $10K to support Peter Baine’s Run to Remember and Hands Across the Water’s continued work.
By contributing, you are joining us in celebrating our 10-year journey and extending hope and opportunities to those who need it most.
Your support will make a significant difference for the kids of Hands Across the Water. Your donation will help provide a higher standard of care, a chance at a better education, and a future that these children never envisioned. To donate, visit 100mba.net/give.The post MBA2533 Extended Interview: Peter Baines – How To Create a Value-First Charity appeared first on The $100 MBA.
Mon, 14 Oct 2024 - 1h 02min - 2570 - MBA2532 The 3 Key Numbers You Need To Know & Track in Your Business
Are you ready to learn the three crucial numbers you need to track to ensure your business thrives? Do you find yourself overwhelmed by the sheer amount of data you think you should follow? If so, today’s episode is precisely what you need to simplify your business strategy and focus on what truly matters.
In today’s lesson, Omar breaks down the importance of tracking three key numbers to gauge your business’s health and performance. He’ll explain why these metrics are essential, how they can help you make informed decisions, and even share a free profit and loss sheet template to get you started without the hassle of complex spreadsheets. Learn how mastering these metrics can lead to less stress and more clarity in your business operations.
Ready to transform your business approach with actionable insights? Tap play at the top of the page to dive into this essential lesson. Plus, download the free profit and loss sheet at 100mba.net/templates to fast-track your financial health. Don’t miss out!
The post MBA2532 The 3 Key Numbers You Need To Know & Track in Your Business appeared first on The $100 MBA.
Fri, 11 Oct 2024 - 2569 - MBA2531 Q&A Wednesday: How Do You Come Up With So Many Topics?
Struggling to come up with fresh content ideas for your podcast, blog, or video series? Ever wonder how top creators continuously keep their audience engaged with a steady flow of compelling topics? If that’s your challenge, tune in to today’s episode for the answers you need.
Omar breaks down his proven strategies for consistently generating engaging content ideas—strategies that have kept “The $100 MBA Show” thriving with over 2,500 episodes. He’ll guide you through mindset shifts, leveraging core topics, and the art of journaling to uncover valuable content gems. This lesson is packed with actionable insights to ensure you’ll never run out of captivating subjects for your audience.
Ready to transform your content creation process? Tap play at the top of the page and dive into Omar’s masterclass on keeping your content fresh and engaging.
The post MBA2531 Q&A Wednesday: How Do You Come Up With So Many Topics? appeared first on The $100 MBA.
Wed, 09 Oct 2024 - 2568 - MBA2530 How to Get Started with Paid Marketing in 2024
Curious about how to kickstart your paid marketing efforts in 2024? Wondering how you can make the most of your budget, whether you have $5000 or just $500 a month? You’ve come to the right place. Today’s lesson is tailor-made for entrepreneurs like you who are ready to take that next step in growing your business.
In this episode, Omar breaks down three highly effective strategies to get started with paid marketing. He reveals the importance of investing in a professional copywriter, the benefits of running Meta retargeting ads, and how capturing emails can be a goldmine for conversions. From practical tips to actionable insights, you’ll learn how to maximize your marketing budget without breaking the bank.
Ready to elevate your marketing game? Hit play at the top of the page to dive into these invaluable lessons and start strategizing for your business’s future. You won’t want to miss this step-by-step guide to smart spending in paid marketing.
The post MBA2530 How to Get Started with Paid Marketing in 2024 appeared first on The $100 MBA.
Mon, 07 Oct 2024 - 2567 - MBA2529 How To Make Money with Email Marketing
Are you fully tapping into the potential of your email list? Every dollar spent on email marketing brings back an average of $42—so if you’re looking to boost revenue and build stronger customer relationships, email marketing might be your golden ticket.
In today’s episode, Omar shares strategies to help you unlock the true power of email marketing. From building a quality list to crafting content that engages and converts, Omar breaks down the tactics that helped him build multi-million-dollar businesses. You’ll learn how to segment your list, run effective campaigns, and avoid common mistakes, all while keeping your audience eager to open every email.
Ready to elevate your email marketing game? Tap play at the top of the page and tune in. Your journey to email marketing success starts today!
The post MBA2529 How To Make Money with Email Marketing appeared first on The $100 MBA.
Fri, 04 Oct 2024 - 2566 - MBA616 Q&A Weekends: How do you juggle 2 businesses/projects at once?
It’s Q&A Weekend on The $100 MBA Show! Today we dive into a doozy from a listener: how do we juggle multiple businesses and projects? The short answer is that it isn’t easy. The long answer? It’s doable. With smart scheduling, consistency and discipline, you can keep all your balls in the air. Click play, and hear how we run a multi-business empire and still make time for side projects – and for that all-important downtime.
The post MBA616 Q&A Weekends: How do you juggle 2 businesses/projects at once? appeared first on The $100 MBA.
Sat, 07 May 2016 - 12min - 2565 - MBA2528 Q&A Wednesday: Is now a bad time to start a business?
Thinking the current economic climate might be the wrong time to start your dream business? With inflation rising and market uncertainties, it’s a question many aspiring entrepreneurs are asking. But did you know some of the most successful companies launched during tough times?
In today’s episode, Omar breaks down this exact concern with insights from 20 years of entrepreneurship. He explains why economic ups and downs are part of the game, how having the right mindset and adaptable skills matters more, and the four key factors that drive business success—no matter the climate. Packed with personal stories and practical advice, this episode is one you can’t miss.
Ready to find out if now is the time to launch? Tap play at the top of the page to learn how to set up your business for success in any economy.
The post MBA2528 Q&A Wednesday: Is now a bad time to start a business? appeared first on The $100 MBA.
Wed, 02 Oct 2024 - 2564 - MBA2527 How to Make More Sales without Being Salesy
Tired of feeling pushy or awkward when trying to make a sale? Wish you could close deals without sounding desperate or salesy? You’re in the right place! Today’s episode will change how you approach sales forever.
Omar shares game-changing strategies that let you sell with integrity and professionalism. Drawing from lessons learned from his father, a top-performing car salesman, Omar walks you through a step-by-step process for understanding customer needs, building trust, and removing risk—no pressure tactics involved. Whether you’re selling in person, over the phone, or via webinars, these proven techniques will boost your sales game.
Don’t miss this must-listen episode! Tap play at the top of the page and learn how to sell more with confidence, all while making your customers feel valued. Start mastering these transformative strategies today.
The post MBA2527 How to Make More Sales without Being Salesy appeared first on The $100 MBA.
Mon, 30 Sep 2024 - 2563 - MBA2526 How To Run Ads For Free with Self-liquidating Offers
Ever wonder if you can run ads without draining your budget? Hesitant to invest in marketing because of the costs? What if there was a way to make your ads practically pay for themselves?
In today’s episode, Omar introduces the concept of self-liquidating offers—a strategy that helps you recoup your ad spend quickly. Omar walks you through how to set up these offers step by step. Learn how to craft compelling ads, create high-converting opt-in pages, and use one-time offers to cover your ad costs while generating leads. Drawing from his experiences with The $100 MBA and WebinarNinja, Omar provides real-world examples and actionable insights to help you master this strategy.
Don’t miss this episode! Tap play at the top of the page and start turning your ad spend into a self-sustaining engine for leads and sales.
The post MBA2526 How To Run Ads For Free with Self-liquidating Offers appeared first on The $100 MBA.
Fri, 27 Sep 2024 - 2562 - MBA2525 Q&A Wednesday: How do I fire a long-time employee?
Facing the tough task of letting go of a long-term employee and not sure how to go about it? Letting someone go is never easy, especially when they’ve been a key part of your team for years. How do you handle it in a way that’s fair, compassionate, and keeps your business moving forward?
In today’s episode, Omar dives into this challenging topic, responding to a listener’s question on how to let go of a long-time employee. Drawing from over 20 years of business experience, Omar shares smart, compassionate strategies to make the process easier. Learn how to set clear expectations, have difficult conversations, and manage team morale—all while staying true to your company’s mission.
If you’re facing this difficult situation, don’t miss this lesson. Tap play at the top of the page and get the advice you need to handle it the right way.
The post MBA2525 Q&A Wednesday: How do I fire a long-time employee? appeared first on The $100 MBA.
Wed, 25 Sep 2024 - 2560 - MBA2523 How To Build a Website That Sells
Ever wondered what it takes to create a website that not only looks great but also drives sales? In today’s crowded digital landscape, standing out and maximizing your online presence is more important than ever. But with so many factors to consider—design, functionality, content, and conversion tactics—where do you even start?
In this episode of The $100 MBA Show, Omar dives deep into the art of building a website that sells. From identifying the must-have pages to optimizing your site, to crafting copy that keeps visitors engaged, we cover it all. Packed with actionable insights and real-world examples, you’ll learn how to turn your website visitors into loyal customers, ensuring that your online platform becomes a powerful tool for your business growth.
Tap play at the top of the page to discover how to transform your website into a conversion machine.
The post MBA2523 How To Build a Website That Sells appeared first on The $100 MBA.
Fri, 20 Sep 2024 - 2559 - MBA2522 Q&A Wednesday: How Long Should It Take to Make My First Sale?
Are you struggling to make your first sale and wondering how long it should take? If you’re launching a new business, this question has probably crossed your mind more than once. It’s a common concern for many entrepreneurs eager to validate their ideas and start generating revenue. How soon can you expect that initial payment to hit your account, and what can you do to speed up the process?
In today’s Q&A Wednesday episode, Omar dives deep into this very issue. He offers practical tips and personal anecdotes to show why waiting too long to make your first sale could be a dire mistake. Discover actionable strategies for validating your business idea, the importance of early sales, and how to tap into your existing network. Plus, learn from Omar’s experiences in pre-selling products and securing those crucial first customers.
Don’t miss out on this invaluable lesson! Tap play now—the button’s right at the top of the page—and gain the confidence and tools to make your first sale faster than you thought possible.
Got a question you want to ask? Go ahead and submit it here: 100mba.net/q
The post MBA2522 Q&A Wednesday: How Long Should It Take to Make My First Sale? appeared first on The $100 MBA.
Wed, 18 Sep 2024 - 2558 - MBA2521 Extended Interview: Andy Morgan – Creating a Highly Successful Niche Business
Looking to build a business that not only thrives but also makes a meaningful impact? Want to know how to narrow your niche and connect directly with your ideal clients? Curious about turning challenges into the driving force behind entrepreneurial success?
In today’s episode, we dive into an extended interview with Andy Morgan, founder of rippedbody.com. Omar traveled all the way to Japan to meet Andy in person and bring you firsthand insights from his inspiring journey—from teaching English in Japan to creating a quarter-million-dollar fitness coaching business for busy entrepreneurs. Learn about the power of having a purpose-driven business, the benefits of niching down, and how structured email communication can streamline client interactions and coaching workflows. Plus, Andy offers insights into the unique challenges and rewards of expanding into a new cultural market and the importance of balancing appearance with credibility in the fitness industry.
Don’t miss out on Andy’s valuable advice for creating a successful niche business. Tap play now at the top of the page—and start transforming your entrepreneurial journey today!
Also check out:
MBA240 Must Read: The 4-Hour Work Week by Tim FerrissThe post MBA2521 Extended Interview: Andy Morgan – Creating a Highly Successful Niche Business appeared first on The $100 MBA.
Mon, 16 Sep 2024 - 1h 05min - 2557 - MBA2520 The Cost of Success
Ever wondered what the true cost of success is? We often hear about the wins, acquisitions, and the glamorous side of reaching the top, but we rarely dive into the sacrifices that pave the way. What does it really take to turn dreams into reality, and what must you give up along the journey?
In today’s episode, Omar pulls back the curtain on his own path to success. With candid reflections on a decade-long journey, he digs deep into the dark times, the immense sacrifices, and the relentless grind that made his vision a reality. This isn’t just about triumphs; it’s about the true price of success and the resilience needed to achieve it.
Curious about what it takes to reach your dreams and the real sacrifices involved? Don’t miss this compelling episode. Tap play now—the button’s right at the top of the page—and let Omar guide you through an eye-opening lesson that might just change your perspective on entrepreneurship and your own journey ahead.
Books Omar mentioned in this episode:
MBA765 Must Read: Shoe Dog by Phil Knight
MBA890 Must Read: The Hard Thing About Hard Things by Ben Horowitz
MBA667 Must Read: Elon Musk by Ashlee Vance
MBA1108 Must Read: Open by Andre Agassi
The post MBA2520 The Cost of Success appeared first on The $100 MBA.
Fri, 13 Sep 2024
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