The $100 MBA Show

Did Prime ruin the whole shipping thing? It’s a fundamental e-commerce question. So many businesses lose money — or tighten their margins — by absorbing excessive shipping costs.  You don’t have to be one of them!  Today, we explain why shipping should actually be a revenue generator, not an expense. WIth our intrepid host Omar’s experience in e-commerce, this episode lays out the reality of shipping costs and their effect on purchasing habits. Spoiler alert: shipping is rarely a deal-breaker. Learn what works best in shipping policy, and get the best deal for your business and your customers. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. eBay Hunting for a rare vintage or new watch? eBay has that hard-to-find watch you’re after, backed by their new Authenticity Guarantee. No fakes, no fraud, no doubt. Independent experts will meticulously inspect every detail of your dream timepiece, so you can be confident it’s authentic. Find your dream watch at ebay.com/luxurywatches today (for domestic sales only). The post MBA1619 Should You Charge For Shipping? appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Is your business in trouble? Don’t make it worse. There are financial predators out there targeting distressed companies. Don’t let your business fall victim! If you’re in a tight spot, you have to know who to accept help from — and what to expect. Fortunately, we know an expert on all that. Domenic Aversa specializes in getting companies through tough times. Today, he’s here to tell you what the predators — and scavengers — look like, so you can see them coming. If you’re like countless businesses out there reeling from the current economic climate, all might not be lost. But before you take a helping hand, make sure the other hand isn’t holding a knife. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors eBay Hunting for a rare vintage or new watch? eBay has that hard-to-find watch you’re after, backed by their new Authenticity Guarantee. No fakes, no fraud, no doubt. Independent experts will meticulously inspect every detail of your dream timepiece, so you can be confident it’s authentic. Find your dream watch at ebay.com/luxurywatches today (for domestic sales only). WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. Show Links Corporate Undertaker Corporate Undertaker: Business Lessons From the Dead and Dying by Domenic Aversa The post MBA1618 Guest Teacher – Domenic Aversa – How to Navigate the World of High Risk Lending appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Few words are more powerful than “no.” But you have to know how to use that power wisely.  As your business grows, the “no’s” become more frequent, and more important. Every “yes” is a “no” to something else — which means you need to master your priorities. Today, we discuss how to be properly selective, and more discriminating in what you say “yes” to. We’ll explore the different kinds of no’s — internal and external — and get a handle on how to wield them effectively. Opportunity costs are still costs! Learn what that means — Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Podia Easily sell Online Courses, Memberships, and Digital Downloads to your audience. With more than 10,000 creators on the platform, Podia is the easiest way to earn a living teaching what you know. Create a beautiful storefront in minutes and start selling your digital products. No technical knowledge needed, and no third-party plugins required. Check out podia.com/mba now. WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. Show Links EasyCourse Essentialism: The Disciplined Pursuit of Less by Greg McKeown The post MBA1617 How Saying “No” Can Make Your Business More Profitable + Free Ride Friday appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Live Chat Support: it’s an incredible plus for your business. But that doesn’t mean you’re ready to offer it. Today, we discuss what you have to consider before you make a promise you can’t keep.  A lot goes into live support, and you have to make sure you can deliver. We learned this with our own SaaS company, as reliable support is great for both pleasing current customers and attracting new ones. But you can’t just give people support — you have to give them great support, or none at all. Learn what you have to be able to do, and decide if your business is ready to be…well, more supportive. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Podia Easily sell Online Courses, Memberships, and Digital Downloads to your audience. With more than 10,000 creators on the platform, Podia is the easiest way to earn a living teaching what you know. Create a beautiful storefront in minutes and start selling your digital products. No technical knowledge needed, and no third-party plugins required. Check out podia.com/mba now. WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. The post MBA1616 Should You Offer Chat Support in Your Business? appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Need money to start a business? It’s one of the first big hurdles entrepreneurs face. Going to a bank or VC is a fraught process, and it’s not guaranteed to work. But what if you have family with cash to spare?  It’s Q&A Wednesday, and we’ve got a listener who has an idea for a mobile app — and a dad with $20k to burn. Should he ask for it? Or is there another way to build this thing? Today, we’ll explore the ups and downs of taking business loans from family, and what the alternatives are. Risking someone else’s capital is always scary. What changes when it’s someone close?  Hear what we recommend. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. Square You may know Square as that little white card reader. But Square has so many more tools to help your business! There’s a free online store with pickup, delivery, and shipping. If you’re selling in person, Square makes it easy to switch to contactless payments like Apple Pay with touch-free hardware for your counter, curbside, and back pocket. All these tools work together, all from one place — and that’s just the start. See everything Square can do at square.com/go/mba The post MBA1615 Q&A Wednesday: Should I ask my dad to invest in my business? appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ready to scale? You got your business off the ground. Now, it’s time to reach for that next level.  But if you’ve never done so before, look out! Too many small businesses stumble in ways that can cost you dearly — for months or years to come. Today, we outline 3 ways you can really screw up. These are the most common ways businesses get derailed on their way up the mountain. Fortunately, the pitfalls are pretty easy to avoid, if you’re willing to grow strategically. Let’s make sure your business grows sustainably. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. eBay Hunting for a rare vintage or new watch? eBay has that hard-to-find watch you’re after, backed by their new Authenticity Guarantee. No fakes, no fraud, no doubt. Independent experts will meticulously inspect every detail of your dream timepiece, so you can be confident it’s authentic. Find your dream watch at ebay.com/luxurywatches today (for domestic sales only). The post MBA1614 3 Big Mistakes to Avoid When Growing Your Business appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brick & mortar businesses must be accessible to people with different needs. But what about websites? Are you leaving people with sensory or motor disabilities out of your marketing? Making sure you’re not isn’t just ethically right, it’s smart business. So what can you do to make sure everyone is welcome on your little corner of the Internet? We have a guest teacher for that. Jeff White of Kula Partners is an expert in website accessibility. A web designer for almost 3 decades, he understands both your marketing needs and the needs of those who can’t navigate the ‘net like most consumers. Tune in, and hear about a few easy steps you can take to ensure accessibility. Don’t leave leads on the table. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors eBay Hunting for a rare vintage or new watch? eBay has that hard-to-find watch you’re after, backed by their new Authenticity Guarantee. No fakes, no fraud, no doubt. Independent experts will meticulously inspect every detail of your dream timepiece, so you can be confident it’s authentic. Find your dream watch at ebay.com/luxurywatches today (for domestic sales only). Fundrise Fundrise makes it easy to invest in real estate. To date, Fundrise manages more than $1 billion in assets for over 130,000 investors. Fundrise’s team of real estate professionals carefully vets and manages all their real estate projects. With their easy-to-use website you can track your portfolio’s performance, and watch as properties are acquired and operated via asset updates. Start building your better portfolio today! Get started at Fundrise.com/100MBA to have your first 90 days of advisory fees waived.. Show Links Kula Partners The Kula Ring Podcast Website Accessibility Guidelines Headliner The post MBA1613 Guest Teacher – Jeff White – How to Make Your Website Accessible to All appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What percentage of your expenses should cover payroll? What’s sustainable, fair, and makes sense?  Today, we discuss the factors involved. We’ll help you figure out just how big a slice your team should take out of the profit pie. The right number will vary for different types of businesses, but almost every business falls into one of two categories. And of course, you get what you invest in. Get a baseline for what businesses like yours spend on their teams, and see if you’re spending the right amount. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Podia Easily sell Online Courses, Memberships, and Digital Downloads to your audience. With more than 10,000 creators on the platform, Podia is the easiest way to earn a living teaching what you know. Create a beautiful storefront in minutes and start selling your digital products. No technical knowledge needed, and no third-party plugins required. Check out podia.com/mba now. WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. Show Links EasyCourse The post MBA1612 How Much You Should Spend on Payroll + Free Ride Friday appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Will your team tell you when you’re wrong? If the answer is no, you have a problem. Without a culture of openness and honesty, you can’t really find out where your business’s strengths and weaknesses are. You can’t make important decisions about what’s working and what’s not. Your team can’t be afraid to criticize. Today, we discuss how and why to make your business a safe space for candid feedback. By promoting respectful disagreement, you can help your business avoid a fatal flaw: mediocrity. If everyone’s agreeing, something is wrong. Let’s fix it! Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Rutgers Looking for ways to turn big data into big revenue? Develop the essential skills for the digital world with the Rutgers Online Master of Science in Business Analytics. Many graduate business programs are currently being converted to an online learning environment; but the Rutgers Online MSBA was built for online learning. To learn more about one of the hottest degrees in 2020, visit go.rutgers.edu/100mba Square You may know Square as that little white card reader. But Square has so many more tools to help your business! There’s a free online store with pickup, delivery, and shipping. If you’re selling in person, Square makes it easy to switch to contactless payments like Apple Pay with touch-free hardware for your counter, curbside, and back pocket. All these tools work together, all from one place — and that’s just the start. See everything Square can do at square.com/go/mba The post MBA1611 Why Candour Is Essential To Growth appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Got more clients than you can handle? Ready to take the next step? It’s Q&A Wednesday, and we’ve got a listener with an awesome problem: too many customers. He’s the only one who works at his own web services company, and it’s time to grow beyond solopreneurship. But how can he handle the quantity without sacrificing quality? Today, we’ll explain how to move past the solo phase. Scaling can be a huge challenge for people who’re used to handling everything. But it’s crucial to help your business evolve. Learn how to let go, let other people step in, and move forward. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors WebinarNinja Looking for an easy, intuitive webinar platform that gets out of your way? WebinarNinja is the most user-friendly webinar platform on the market. Best of all, it works! With built-in marketing tools like email automations, landing pages, and more, WebinarNinja is everything you need to run live, automated, or hybrid webinars. Sign up for a free live demonstration at webinarninja.com/workshop. eBay Hunting for a rare vintage or new watch? eBay has that hard-to-find watch you’re after, backed by their new Authenticity Guarantee. No fakes, no fraud, no doubt. Independent experts will meticulously inspect every detail of your dream timepiece, so you can be confident it’s authentic. Find your dream watch at ebay.com/luxurywatches today (for domestic sales only). The post MBA1610 Q&A Wednesday: How do I scale my service-based business? appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.