The $100 MBA Show

How much is too much to reinvest?  As the founder of a small business, you’re responsible for keeping your company in good financial health. You owe it to everyone on your team — and your customers — to keep the ship afloat.  That’s why so many entrepreneurs pour every possible cent of profit right back into the business. But is that sustainable? Is it smart? Today, we’ll discuss what percentage of profits you should reinvest, and what other options you have. It can seem selfless to keep only a minimal share, but it can also hurt more than it helps — as Omar learned after years of paying himself less than everyone else on the team. Tune in, and start thinking about what you owe…you! Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors NerdWallet We all love nerding out. When it comes to personal finance, no one nerds out like the nerds at NerdWallet. NerdWallet makes even the most complicated money matters understandable for everyone. Their calculators and comparison tools help you understand your options, no matter what you’re trying to accomplish. For all your money questions, check out the expert advice at nerdwallet.com 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 MBA1551 Are You Putting Too Much Money Back Into 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.

PayPal: is it a must? PayPal used to dominate the cardless transaction world. Even now, it’s a popular choice for millions of consumers. But is it so popular that your small business has to offer it? Do people’s ideas about security and convenience dictate that only taking credit cards is a mistake? It all depends. It’s Q&A Wednesday, and we’re helping one listener decide whether to go through the effort of enabling PayPal payments. We’ll discuss the advantages and disadvantages of doing so, and what other options exist.  Plus, what’s true about your business now might not be true later — and that includes payment processing. Depending on your market (and whether you’re a B2C or B2B), the effort necessary to give customers the PayPal option may or may not be worth it. Let’s find out — Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Capella University Thinking about how you can make a greater impact in your profession, or in the world? When you’re ready to take the next step, Capella University has flexible doctoral programs that work with your schedule. Put your passion into action, and get the experience and skills you need to lead. Capella’s curriculum and learning format were created with flexibility in mind, to fit your life and schedule. Explore available programs and scholarship opportunities at capella.edu/doctorate Zendesk Things are a little weird right now. Zendesk is here to help, with a 6-month complimentary remote support bundle that helps teams keep up with changing customer demand. The bundle comes with essential tools your team needs to remain agile and stay connected with customers. Zendesk takes hours (not weeks) to set up and get running. Their support, sales, and customer engagement software is quick to implement and easily scales to meet changing needs. To find out more, go to zendesk.com/mba The post MBA1550 Q&A Wednesday: Do I need to accept PayPal with my new 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.

Onboarding: it’s not just for customers! When you make a new hire, it’s your job to set them up for wins. So much time and effort is wasted by new employees when they aren’t quite sure how things really work, or when they’re trying to find their place in a new company culture.  Here’s how to fix that. Today, we share our system for bringing new hires into the fold. With a little extra support and attention, you can minimize the “getting settled in” phase and help employees hit the ground running. Plus, you can make them feel like a real part of the team almost immediately. The result? Greater productivity and performance, sooner. These tips work for businesses of all sizes — if you’re small, set this process up now. When you scale, you’ll be glad you did. 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. Microsoft Teams Welcome to the new way to work together. From group projects to weekly “all hands” meetings, Microsoft Teams will change the way you teamwork. Contribute to meetings from anywhere, chat with coworkers, find and edit files in real time, and more. With one place to create and make decisions together, there’s no limit to what your team can achieve. Learn more at microsoft.com/teams The post MBA1549 4 Simple Tips To Improve Your New Hire On-Boarding 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.

It’s the biggest question in digital marketing: how can I get people to stop and hear me out? Today’s guest teacher, Saksham Sharda, has an answer: hear them out first. By adding fun little tools like quizzes and calculators, you’re leveraging every consumer’s favorite topic (themselves) into crucial market research. It doesn’t just get attention. It creates qualified leads — emphasis on “qualified.” Today, Sharda is here to explain how these tools can work for just about any kind of business. He believes so much in the power of this approach that he represents an entire business built around a user-friendly tool for adding little quizzes and such to your marketing arsenal. In the era of ad blockers and shrinking attention spans, we need ways to hear from leads — not just talk to them. 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. Capella University Thinking about how you can make a greater impact in your profession, or in the world? When you’re ready to take the next step, Capella University has flexible doctoral programs that work with your schedule. Put your passion into action, and get the experience and skills you need to lead. Capella’s curriculum and learning format were created with flexibility in mind, to fit your life and schedule. Explore available programs and scholarship opportunities at capella.edu/doctoraljourney Show Links Outgrow: Type Outgrow + 100mba in the chat box for 20% off The post MBA1548 Guest Teacher – Saksham Sharda – How to Generate Demand and Qualify Leads Using Calculators and Quizzes 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.

This whole “laptop on the beach” thing…it’s BS, right? Yes and no. As independent entrepreneurs, we’ve often wondered what we’re doing wrong. We see these other founders globe-hopping, working out of Parisian cafes and beachside bungalows for a few hours before getting back to the “lifestyle” of many people’s dreams. But it turns out there’s a little more to it. Today, we discuss where the marketing ends and the reality begins. From 4-hour workweeks to “passive” income and more, the promise of a certain lifestyle is dangled in front of would-be entrepreneurs by coaches, authors, and other popular influencers.  It’s not all smoke and mirrors. But everything has its tradeoffs.  Life can’t be “hacked,” exactly. But it can be approached creatively, differently, and independently. Tune in, and hear some examples of true “lifestyle business” leaders, and why what works for them (and you, maybe) doesn’t work for everyone — including us. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Capella University Thinking about how you can make a greater impact in your profession, or in the world? When you’re ready to take the next step, Capella University has flexible doctoral programs that work with your schedule. Put your passion into action, and get the experience and skills you need to lead. Capella’s curriculum and learning format were created with flexibility in mind, to fit your life and schedule. Explore available programs and scholarship opportunities at capella.edu/doctoral Microsoft Teams Welcome to the new way to work together. From group projects to weekly “all hands” meetings, Microsoft Teams will change the way you teamwork. Contribute to meetings from anywhere, chat with coworkers, find and edit files in real time, and more. With one place to create and make decisions together, there’s no limit to what your team can achieve. Learn more at microsoft.com/teams Show Links Fizzle The 4 Hour Workweek by Tim Ferriss EOFire Wandering Aimfully The post MBA1547 Are Lifestyle Businesses Real? + 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.

We’re all for affiliate marketing. It’s one of the best ways to monetize your expertise, content, and following. It’s a fantastic passive(ish) revenue stream, whether you’re a full-time affiliate, a side hustler, or just someone who likes to share great products with people who would benefit from them. But you can do it wrong. Way wrong. Unfortunately, many people run into some common pitfalls —  and destroy their brand and reputation. By blindly chasing commissions, you run the risk of spending the “trust capital” you’ve earned, earning a little money but losing the faith of your audience. Today, we’ll explore the 3 biggest ways in which affiliate marketers squander trust, cheapen their reputation, and lose business. While affiliate marketing is an undeniably great strategy, it’s one that requires careful attention to proper execution.  Get your affiliate strategy right, and you’ll enjoy all the benefits without losing an ounce of credibility. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Exploding Topics Newsletter Stay on top of what’s blowing up with the Exploding Topics Newsletter. It’s a super cool, free roundup of the week’s 5 biggest topics, with analysis and insights. You can use these topics to create blog posts, podcast eps, and more.  Slack, Apple, and Spotify use this clever strategy, and so can you! Just head to explodingtopicsnewsletter.com 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. The post MBA1546 3 Big Affiliate Marketing Mistakes to Avoid 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.

Market research: you’re lost without it. But some markets are easier to research than others. It’s Q&A Wednesday, and we’ve got one listener in a very niche industry, unsure of where to turn for data to analyze. When you’re blazing your own trail, intel can be hard to find. But it’s always there somewhere. Today, we’ll discuss how to get the information you need to execute a business plan, no matter how specialized your industry is. From creating an accurate buyer persona to navigating pitfalls, we’re going beyond Google to get whatever facts you need. Remember: entrepreneurship requires creativity! When the answers you need aren’t in the usual places, that’s a good sign. It means you’re probably close to finding the Holy Grail of independent business: an underserved market with an unaddressed problem.  And that’s a good problem to have. Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Capella University Thinking about how you can make a greater impact in your profession, or in the world? When you’re ready to take the next step, Capella University has flexible doctoral programs that work with your schedule. Put your passion into action, and get the experience and skills you need to lead. Capella’s curriculum and learning format were created with flexibility in mind, to fit your life and schedule. Explore available programs and scholarship opportunities at capella.edu/doctorate 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. The post MBA1545 Q&A Wednesday: I’m having a hard time with my market analysis. How do I get started? 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.

We’ll never stop saying this: your rest is just as important to your business as your work. Like any good trainer will tell you about muscles, a business can only grow when recuperation is a priority. If you’re a full-time independent business person, it can be very tempting to work yourself into a ditch.  And that will always — always —  backfire. It’s time for some strategic relaxation. Today, we’ll discuss how to ensure that your investment in rest pays the dividends of productivity. With a few tips that can make your weekend much, much more refreshing, you’ll tackle every Monday like a champ.  Is this about your health and wellbeing? Sure. But it’s just as good for your business as it is for you. Learn why: Click Play!  SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Exploding Topics Newsletter Stay on top of what’s blowing up with the Exploding Topics Newsletter. It’s a super cool, free roundup of the week’s 5 biggest topics, with analysis and insights. You can use these topics to create blog posts, podcast eps, and more.  Slack, Apple, and Spotify use this clever strategy, and so can you! Just head to explodingtopicsnewsletter.com Notion Meeting notes, documents, calendars, To-Do lists…where does it end? Choose just one tool that covers it all. Notion can handle everything, letting you consolidate all your everyday work tools into a single solution for taking notes, managing projects, sharing docs, and collaborating with your team. Stay on task, find what you need, and work efficiently from wherever you are. Check it out for yourself and get 10% off at notion.com/mba. The post MBA1544 How to Spend Your Weekend for a Better Week 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.

Former Disney CEO Robert Allen Iger shares insights from his book 'The Ride of a Lifetime.' Topics include Disney's success and lessons learned, the chaotic life of a CEO, leadership lessons, and the power of respect in negotiations.

It’s a global marketplace. Charge accordingly, or you’re leaving rupees on the table. Currency localization is way more than a convenience bonus. It’s a potentially game-changing tactic that can have a serious impact on your overall revenue. Not only do different nations have different currencies; they have different economies.  The bottom line? It’s not just converting nickels to Euros. You can charge differing prices by localizing the currency. You read that right. Companies large and small have caught on to the fact that what you charge in Sweden should be more than what you charge in Canada, in terms of actual value. When the currency is converted back to your own, the differences in potential revenue from country to country add up — to say the least. Learn how currency localization works, and how to set it up for your own business. 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. Capella University Thinking about how you can make a greater impact in your profession, or in the world? When you’re ready to take the next step, Capella University has flexible doctoral programs that work with your schedule. Put your passion into action, and get the experience and skills you need to lead. Capella’s curriculum and learning format were created with flexibility in mind, to fit your life and schedule. Explore available programs and scholarship opportunities at capella.edu/doctoraljourney Show Links Chargify Chargebee Paddle The post MBA1542 Charging Local Currency With Your Online Business + 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.