The $100 MBA Show

You built it. It succeeded. Now, it’s time to cash in.Maybe you want to retire, or devote yourself to a whole new project. Whatever the reason, saying goodbye to your successful independent business is no easy decision. It’s important to end this chapter on the best terms, with an exit you can be proud of.So what comes next?You’ve got to find a buyer, one that’s willing to do right by your business. You’ve got to sell it for what it’s worth, getting a worthy return on your massive investment of time and sweat. You’ve got to leave knowing your baby is in good hands, and that you’ve gotten what you deserve for creating it.Today, we discuss how to set your business up for sale. Whether you’re ready to put it on the market now, or just thinking of your long-term future, you can do things for your business that give it more curb appeal. We explain what buyers look for, and how to make the transition as logistically smooth as possible. Bid your business a fond farewell — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseEmpire FlippersThe post MBA1172 How To Sell 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.

A product launch doesn’t always go the way you want, or expect. Despite your best-laid plans and highest hopes, sometimes the market takes a look at what you’re offering and gives a resounding “meh.”Now what?In business — especially independent business — flexibility and adaptability are crucial survival skills. When your product doesn’t hit the mark, you need to change course quickly, smoothly, and effectively. Pivoting is an art and a skill, and every entrepreneur needs to know how it’s done.Today, we discuss how you can move in a new direction while maintaining the core of your business and mission. With examples from all over the business world, we’ve seen how a good hard pivot can save a company, and bring its vision forward despite a major stumble. Remember, it’s not a failure if you recover and learn. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaThe post MBA1171 How To Pivot With Your Product 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’ve devoted many an episode to the ups and downs of affiliate marketing. Usually, we’re discussing the merits and drawbacks of affiliate marketing for those wondering whether they should get into it.But today, we’ve got a question from a listener who’s already in the affiliate game, and wants to know one thing: whether it’s time to move on. Is affiliate marketing something you “graduate” from before launching your own product? If so, how do you know when it’s time?Affiliate marketing is often sold as easy income — all you have to do is promote someone else’s product, and let the commissions roll in. Easy, right? But experience tells us that affiliate marketing is much more involved, and not nearly as passive as people think. So it’s no small decision to choose whether to invest more fully into it, or to debut your own product.Today, we discuss how you can simultaneously affiliate market while promoting your own product. Whether it’s a transition to an affiliation-free life, or a balancing act to maintain indefinitely, you can affiliate market while growing your own brand.  See how it’s done: Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe Smart Passive IncomeThe post MBA1170 Q&A Wednesday: Should I build my own product or go deep into affiliate marketing? 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.

Happy New Year! It’s officially 2019, and we’re ready to hit the ground running with all new lesson to help you make this the best year ever for your business. Speaking of which, what are your goals for the year?More importantly, do goals matter?What’s the value of a goal? Is it just an arbitrary milestone, or does it have true motivational value? Many modern experts are abandoning the goal-driven approach, arguing instead that habits and intrinsic motivation do more for your success than trying to hit a given target.Are we living in a post-goal business era?We don’t think so. Rather than abandoning goals altogether, we think a new understanding of goals is in order. Tune in, and learn how to define your goals, and craft goals that have meaning beyond simple numbers. Learn how to establish goals that produce true growth, and how to meet them. Let’s get this year started! Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe post MBA1169 Goals: Should You Set Them? 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.

Business doesn’t get any bigger than Disney. How did a patch of swampland in central Florida become one of the biggest revenue-generators in the history of American industry?It all starts with the employees, and how they’re motivated.This week’s Must-Read for entrepreneurs is Doug Lipp’s Disney U, a book that details the strategy behind the theme park’s success. Disney park employees — ahem, “cast members” — are trained and continually encouraged to keep the magic flowing.Importantly, it’s not just about procedures. It’s about mindset.Learn how company culture and values form the bedrock of any business’ success. See the inner workings of Disney employee training, and get a textbook example of how the team’s happiness is the best predictor of its productivity. Apply the Disney U strategy to your company, and see how much more fruitful your employees can be. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe post MBA1168 Must Read- Disney U by Doug Lipp 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 a question many would-be entrepreneurs are asking themselves: can you still make a living with a blog?About 10 years ago, people started earning serious money just by blogging. Has the business model survived? Can you still earn enough to live the life you want? The short answer is yes, you can still blog your way to success. The blog is in the middle of a sort of rebirth, with a new generation of writers cashing in.However, the rules have changed.Gone are the days of easy keyword-stuffing and low competition. A crowded marketplace, sophisticated search engine algorithms, and a higher standard for writing have changed the game drastically. Even still, there are hugely profitable businesses centered around quality blogs.Today, we discuss how to blog your way to profit. We explain how to find your subject niche, promote your blog, and stand out from the (very big) crowd by speaking directly to a well-defined audience. The business is different. The readers are different. But the profit is there, if you’re willing to learn where the revenue streams are. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseNerd FitnessBacklinkoThe post MBA1167 Is It Too Late To Start a Blogging 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.

Wish you were making sales? Well it may sound painfully obvious, but…you’re not selling enough.That’s not to say you’re not trying to close. It’s to say you’re not “selling” in the ultimate sense — the 24/7, all-encompassing sense that goes way beyond trying to get a specific person to make a specific purchase. Everything you do — everything — has to be an act of salesmanship, even the things that don’t seem sales-related.Are you persuading, all the time? Are you promoting your business’ core mission and ideas, with every word? Most new entrepreneurs aren’t selling enough, and it’s holding them back. Today, we discuss the (sometimes surprising) ways businesses sell, so you can learn how to make an argument for your product — all the time. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThis Book Will Teach You to Write Better by Neville MedhoraExactly What to Say by Phil M. JonesThe post MBA1166 Are You Selling Enough? 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.

You can’t judge a podcast by its cover. But your visual branding needs to reflect what your business is offering.It’s Q&A Wednesday, and one listener noticed something different about our little old business podcast. We updated our cover art, changing the visuals around our show and updating its “look” online. Why? What’s the point?Today, we discuss why — and when — a a visual refresh is sometimes in order. We’ve had the same cover art since we started in 2014, and frankly, it’s just not as relevant anymore. The show has changed. We’ve changed. And the way we present ourselves has to change, too.Don’t let your own look stagnate. Stay fresh, and show the market what you really look like. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaPortrait StoreThe post MBA1165 Q&A Wednesday: Love the show’s new cover art. Why did you change it? 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.

Getting ready to start a new business? If so, you probably know that every cent counts.Having started quite a few businesses ourselves over the years, we’ve learned what skills and abilities can save you the most. If you learn them, you’ll not only have an edge over your competitors — you’ll have a lot more in the bank by this time next year.Specifically, there are 3 skills every new entrepreneur needs. These are things that can cost quite a bit to hire out for, but require minimal investment to learn yourself. In your crucial first years, learning these skills can save you hundreds or thousands. They’ll also be the skills you fall back on in the future, even as your team grows.Keep your business lean, and your skill set broad. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThis Book Will Teach You to Write Better by Neville MedhoraExactly What to Say by Phil M. JonesThe Boron Letters by Gary C. HalbertKopywriting KourseCanvaLynda.comThe post MBA1164 3 Skills That Will Save You Money When Getting 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.

No matter what your independent business is, you have to be a sales person.E-commerce, SaaS, freelancing, artisan pretzel-making; whatever the business, you can’t escape the need for salesmanship. It is everything, even if you don’t consider yourself a “sales person” in the conventional sense. Articulating your idea and persuading others to buy in is the essence of business itself, big or small.Fortunately, this week’s Must-Read for entrepreneurs can show you how.To Sell Is Human rejects the stigma of salesmanship as scammy or used-car-dealer-y, instead explaining the inherent dignity and necessity of the art. It’s not just customers you sell to — it’s your network, your team, even your family and friends. If you can’t sell your vision, you simply can’t do business.Learn how necessary selling is, even if you don’t have a sales team. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksTo Sell Is Human by Daniel PinkThe post MBA1163 Must Read: To Sell Is Human by Daniel Pink 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.