The $100 MBA Show

Business is global, and that comes with incredible advantages. Today’s entrepreneurs can draw talent from all over the world, finding skilled, affordable remote team members wherever they are.But all that far-flung talent comes with one little drawback: time zones.Today, we discuss how to navigate the problem of the clock. With employees in Australia, Eastern Europe, Asia, and America, we know how tricky it can be to align everyone’s schedules. Making sure that distant team members can collaborate across time zones is crucial to reaping the benefits of global business.Fortunately, there are tools, tricks, and strategies for keeping everyone on the same page, even when they’re not in the same part of the world. Managed properly, your business can be a 24-hour machine, running smoothly as your trusted team handles business whatever time of day (or night) it is for you. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseWebinarNinjaSlackBasecampTwistWorld Time BuddyThe post MBA1182 Tips to Managing Time Zones with a Remote Team + 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.

Refunds: they’re gonna happen. More importantly, offering the option of a refund is critical to earning your audience’s trust. With an entire Internet’s worth of competitors to choose from, today’s customers demand more information — and more guarantees — than ever before.As a business owner, you’ve got to create a refund policy that makes your customers feel valued and respected. With a strong, customer-friendly refund policy, you put your money where your mouth is, guaranteeing by your actions that the product is one you stand behind.Remember: offering to take your product back is one of the most powerful ways to sell it!Today, we discuss 3 key factors a good refund policy should include, with specific details on how to make the policy work. You’ll learn how to craft and (more importantly) communicate your policy to create maximum trust. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThrive ThemesThe post MBA1181 Creating a Refund Policy That Works 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.

Can you do this? Are you entrepreneur material?You’re not the only one asking. In fact, it’s the “Q” in this week’s Q&A! It’s a big, scary question mark for those who want to break out on their own, but haven’t taken the leap just yet. So what makes someone suited for the entrepreneurial life? What skill sets, talents, and dispositions raise the odds of success?With 17 years of entrepreneurship behind him, Omar knows a thing or two about what it takes. Having known and helped guide countless independent business people, he’s identified a few key traits (and understandings) that almost every solid entrepreneur has in common.Best of all, these traits aren’t genetic or gifted by fate. They’re learned habits, tendencies, and abilities that you can choose to cultivate. Whether you’re running a restaurant, a coaching course, a SaaS, or anything else, these are the basic tools that’ll take you wherever you need to go. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe post MBA1180 Q&A Wednesday: How do I know I have what it takes to start a 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.

Yes, we’re recommending Facebook as a business tool. That may come as a shock to longtime listeners, who know what we think of the overrated, underperforming so-called “power” of social media marketing.Bear with us.Facebook Groups offer a wonderful opportunity for growth. Not revenue growth, not traffic growth, but the most important growth of all: your growth as an entrepreneur. By leveraging this useful little tool, you can become the entrepreneur you need to be. It’s more than worth your time to devote some effort each week to using social media this way.With Groups, you can validate ideas, find support, network, and forge seriously valuable relationships with other business people. Today, we discuss what groups to look for, how to get into them, and how to participate in a way that gets you a big ROI. Learn how Facebook can build your credibility in the market. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe post MBA1179 How to Grow with Facebook Groups 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.

Author Gino Wickman discusses his book 'Traction: Get a Grip on Your Business' on the podcast. Topics include structuring business processes for maximum effect, values-centered approach to business success, defining target markets, and implementing staff performance monitoring.

Learn how to validate an online course before creating it and target a niche audience. The podcast discusses creating valuable courses by addressing pain points and using a pilot process. It also covers validating and selling courses through live webinars, including gathering feedback and testimonials. The importance of validating course ideas before investing is emphasized.

Here’s a golden rule of business, one we can’t stop repeating: people buy a product when — according to their own internal math — its value exceeds its price.That means the only way to move your product is to increase the only kind of value that really matters: perceived value. Adding features and investing in expensive updates is all well and good, but sub-par sales are more often caused by a failure to communicate.Are you communicating effectively? Does your audience understand your product’s value?Today, we discuss the difference between features and value, and how emphasizing the latter can drastically improve your sales. With examples from various industries, we explain how to sell the results your products bring (rather than the product itself) in order to raise the product’s value. Best of all, this approach doesn’t cost a dime. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaThe post MBA1176 How To Add Value To Your Offer At No Cost 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 website secure?As more and more business is done online, cyber security is beyond important. It’s Q&A Wednesday, and one listener wants to know if it’s possible to run a successful business with an “http” address, rather than a full on “https.”That little letter makes all the difference, especially in the way potential customers view your business.Before you start to worry, don’t. This episode isn’t overly technical, and it won’t go over the heads of even the most tech-unsavvy entrepreneurs. But it is crucial to understand the purpose of https URL’s, and what to do if your website doesn’t have one.Visitors to your site need to be able to trust you with their most sensitive information. This goes beyond security, affecting your payment processing, your SEO and traffic, and ultimately, your sales. Fortunately, there are plenty of resources out there to secure your site and keep your business running smoothly. Find out how it all works — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksLet’s Encryptssls.comStripeBraintreeThe post MBA1175 Q&A Wednesday: Do I need to make my site https? If so, how? 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.

Social media is like fire. It can be incredibly useful and beneficial, but once it gets out of control, it can consume everything.That’s why Omar quit.Our beloved host made a decision, over a year ago, to take an extended break from all things social media. No Twitter, no Facebook, no ‘gram, nothing. For about 15 months, Omar didn’t make a single update, comment, or even take a peek at the platforms that dominate so many lives. Today, we discuss what he learned.On this episode, we unpack the pros and cons of being off social media, and the apprehensions Omar has about going back. The effects of a social-free life on business and personal relationships were surprising. Even more surprising was the addictive pull of social media, and the level of discipline required to break free, even temporarily.Our outlook on social media has changed drastically. As an entrepreneur (and a human being), should you take a new approach? One way to find out — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaDeep Work by Cal Newportmatthewkimberly.comNews Feed EradicatorTime DoctorThe post MBA1174 Off Social Media for a Year: Lessons Learned 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 does a millionaire look like?A trust-fund baby? A hedge-fund bro? Nope. As it turns out, millionaires aren’t the exotic species we think they are. Overwhelmingly, they’re not born into privilege. And shockingly, they don’t tend to have high-powered jobs.Often, millionaires are regular people.So how does Average Joe hit 7 figures? That’s what this week’s special guest teacher is here to tell us. Chris Hogan is a best-selling author and podcast host who specializes in debunking the myths around wealth. He has a practical, realistic approach to crushing debt and making the wise investments that turn regular people into “everyday millionaires.”Hear Hogan’s down-to-Earth approach, and see how significant wealth is more attainable — and less exotic — than you might think. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow Linkschrishogan360.comThe post MBA1173 Guest Teacher: Chris Hogan- How to Become an Everyday Millionaire 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.