The $100 MBA Show

He’s been stuck in the house for 14 days. At first, it seemed like an inconvenience.So he turned it into an opportunity.We just came back from some time abroad. During the COVID-19 crisis, that made things a little awkward when we touched back down at home. By law, our intrepid host Omar wasn’t allowed to leave the house for a full two weeks.But that couldn’t stop him from finding new ways to reach his audience.Today, Omar shares the most important lessons he learned from trying something new, even if it was out of necessity (and a little bit of boredom). The willingness to experiment is always valuable to an entrepreneur. But you don’t always have the time — until you do.Learn what a few weeks of sharing his story via Facebook taught your favorite podcast host, and what you can learn by…just adapting. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Price doesn’t matter. Value does.When it comes to sales, the only thing that a high price changes is the amount of trust you have to build in order to convey the real value of the product. It might take more time or effort, but if the value is there, the sale makes sense.That’s why webinars are perfect for high-ticket items.It’s Q&A Wednesday, and like many of you, one of our listeners is suddenly forced to do business remotely. While live sales events are this coach’s usual bread and butter, webinars are the next best thing. But will they do the trick?Boy, is this the right podcast to ask.Call it a great opportunity to toot our own horn, but if anyone knows how to sell via webinar, it’s us. Webinars are specially positioned to move high-ticket items, because high-ticket items are just “high trust” items.And trust is a webinar’s biggest advantage.Tune in, and learn what techniques work best for the highest price tags on a sales webinar. And remember, it’s never about the price. It’s about your ability to gain credibility when you explain the value. Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

For your business to be stable, your revenue stream needs a minimum level of predictability.That’s where smart, proactive cashflow management comes in.As a small business owner or entrepreneur, you have to have a plan for the ups and downs, for all the circumstances outside your control that can affect your business. And the better you utilize the ups, the less damaging the downs will be.Coronavirus won’t be the last crisis.Something else will go down, because it always does. The current situation is crazy, but it isn’t unique. The sooner you crazy-proof your business, the better.Today, we’ll lay out the exact steps you can take to fortify your business against…whatever. With a few simple strategies and a little forward thinking, you can be the one who rides out the next crisis with calm, confidence, and stability.Remember what the businesses who aren’t broken have in common, besides luck: preparation. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A qualified accountant is a clutch hire, no matter the size of your business.If a penny saved is a penny earned, a penny well-managed is just as valuable. CPA (Certified Public Accountants) don’t just count beans – they increase the bean count, and make sure the beans you have are creating beans of their own.But enough about legumes.If you think you can’t afford an accountant, listen to today’s special guest teacher, Brian Hamilton. When he’s done explaining an accountant’s value (in his…signature style), you might realize how much money you’re losing by not having one.As the title suggests, it’s about so much more than tax compliance.While avoiding prison is nice, the power of an accountant to inform, enlighten, and co-strategize is the most undervalued business asset. Tune in to Brian’s lesson, and see what we mean. Click Play!Brian Hamilton FoundationInmates to EntrepreneursSUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nothing is “just business.” Feelings affect everything we do, no matter how calculated or logical we think business is. It’s time to stop trying to separate emotions from business, and instead learn to navigate the emotions around business. Pretending our feelings don’t affect our performance or our decisions is delusional. But if we work on being aware of our emotions and their influence, we can make smarter choices and accomplish more.It’s about recognizing feelings, not denying them.Today, we’ll discuss how to see your feelings, and work with them in a constructive way. Once you realize how logical your business decisions aren’t, you can learn to work within the feelings you have to find a better headspace in which to do your best work.If this sounds a little Self Help-y, understand that nothing can separate the emotional from the practical. The sooner we realize that, the better off we’ll be.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Just before the corona-crisis descended, our intrepid co-founders Omar and Nicole headed to Japan for 10 days of decompression. It wasn’t a business trip, just pure travel for the fun of it. But as they explored this new culture for the first time, they couldn’t help but  learn a few things.Now, it’s time to apply those things to business.Visiting a surreally different place can break you out of stagnant thinking, and help you see possibilities you hadn’t considered. Japan’s particular approach to life and business is much different from the rest of the world’s – and we all have a thing or two to learn from it.Omar & Nicole didn’t go to Japan for professional development. But the lessons were too good to ignore.Today, Omar will share the 5 most profound lessons they took away from the Land of the Rising Sun. Learn what a culture devoted to meticulousness can teach us about running our own lives and businesses more efficiently, effectively, and beautifully. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Let’s tackle the most FAQ about business in the COVID-19 era.It’s Q&A Wednesday, and one of our listeners (actually, make that a ton of our listeners) is suddenly forced to run a team remotely. How the heck do you manage people who are nowhere near you?We definitely have this one covered.Our company has always been remote. We currently have about two dozen employees spread across 4 continents, working, collaborating, and succeeding together despite being literally oceans apart. It’s not a hassle — it’s an advantage.Don’t just cope with switching to remote work. Embrace it!As more and more teams go remote, we predict that many or most will prefer it. Once people learn to love the autonomy and results-driven approach that works best with remote teams, businesses might never look back — even after coronavirus is under control.Learn how we manage our team remotely, as we always have. See why the switch to remote work might just be the silver lining your business could use right now. Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

You knew this episode was coming.During the coronavirus pandemic, so many people suddenly have to work from home. When your kitchen table becomes your office, how can you keep from losing your grip? How can you protect your home and personal life —  not to mention your mental wellbeing — from your job?For many, bringing work into the home can feel like an invasion.Today’s episode is not about productivity or home office setup (don’t worry, we’ll get to that). It’s about what we believe is the first priority: your health and sanity. Secure that, and worry about your desk later!Fortunately, we’ve been working from home our entire careers as entrepreneurs. It wasn’t the smoothest transition for us at first, but over the years we figured out what works, what doesn’t, and what keeps us from going crazy. The good news? Working from home can be convenient, liberating, and enjoyable – if you do it right. Let’s discuss how. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Where does innovation come from? What about the greatest game-changers lets them see opportunities the rest of us miss? What is genius?Walt Disney is a perfect case study.Neal Gabler’s Walt Disney: The Triumph of the American Imagination is the most detailed, exhaustively researched portrait of Mickey’s creator ever written. It takes a deep dive into the personality that saw things as they were, but imagined what could be — and had the creativity to make it happen.This book is no PR-friendly fluff piece, though.The biography also explores the hard part about being naturally innovative: being different, being misunderstood, and struggling to make sense to the people around you. “Who is Walt Disney?” is a question that has as many answers as people who knew him – and they’re not all positive.In a way Steve Jobs would later bring to mind, Disney changed everything by seeing where things were heading and adapting existing products. But he ability to see through the fog of the present and get a jump on the future isn’t just for “geniuses.” It’s something we can all cultivate.That starts with studying the ones who did it best. Click Play!Walt Disney by Neal GablerDiscover all our must-read book reviews at https://100mba.net/bookreviews.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Virtual assistants can be invaluable – but exactly how valuable are they?Having a dedicated person to handle administrative tasks online is a massive advantage for small business owners. We’ve used a VA since the early stages of our business, and she’s worth every cent. But just how many cents makes sense, business-wise?Let’s do the math.Today, we’ll discuss average rates for VAs from different parts of the world. With an entire globe’s worth of options, the price range can vary wildly – as can the quality. We’ll share some specific resources for finding the best virtual help a reasonable amount of money can buy, and define how much “reasonable” really is.Maybe you’re paying too much. Maybe you’re not paying enough! High-quality virtual assistants make a huge impact on a business. Ours is a great example. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.