The $100 MBA Show

If you haven’t heard, Apple does a pretty decent job of selling iPhones. So what can we as entrepreneurs learn from the king of the tech sector?Apple just launched the the iPhones XS, XS Max, and XR. This is something Apple does every year, and every year they use strategies worth taking note of. Today, we break down those strategies, and show you how you can use them to sell anything.What most people don’t notice, or appreciate, is the careful planning and well-thought marketing logic behind each and every iPhone launch. But of course, entrepreneurs aren’t most people. So we’re going to get deep into the how’s and why’s of what Apple does, so we can emulate that success on a smaller scale.Apple controls the vast — vast — majority of the global smartphone market. How are they doing this? How are they convincing so many people to buy (very expensive) products? Learn how to build the hype like Apple. Learn how to ride the buzz to record sales. Take a note from the best, and see how far you can go.Plus, it’s FREE RIDE FRIDAY!!! Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseThe post MBA1112 5 iPhone Launch Strategies to Apply to Your 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.

Movies offer some of the best lessons in life and business. No, we’re not talking about Wall Street (though that’s a really good one, too). We’re talking about movies that aren’t the biggest blockbusters, but that have some of the deepest insights into the true nature of entrepreneurship.We’re talking about movies that can genuinely make you a better entrepreneur.These 4 movies are the top of our list, the films that have so much to say about business itself that they’re as vital as any of the “Must-Read” books we regularly feature on this podcast. Some are well-known, some not so much. But all can make you reevaluate how you run your own company, big or small.Who says professional development is all about reading books and listening to your favorite podcast? The struggles, successes, ups, and downs of the entrepreneurs featured in these films reflect the same things we all face in struggling to make our dreams reality. Check out our list, pop the corn, and get ready — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe FounderGoldBecoming Warren BuffettBad 25The post MBA1111 4 Movies That Will Make You Re-Think 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.

As your team grows, it’s important to set the terms of employment. Otherwise, you and your business can be left vulnerable, legally speaking.Crafting solid employee contracts doesn’t require a law degree (though you should have someone with a law degree look your contracts over). It does, however, require some knowledge and resources. Today, we discuss how to put your own employee contracts together, with minimal consultation from lawyers — saving you expensive legal fees.We describe how to come up with your own templates for contracts, including how to use a fantastic, reliable online resource designed just for small business owners. We talk about what to include, how to format your contracts, and how to involve legal counsel without breaking the bank.Employee contracts are a necessity, a long-term protection for your business that allows you to grow your team while heading off potential problems down the road. We struggled mightily with this when our first team grew, so learn from our experience! Apply this advice to your own growing team, and you’ll be glad you did. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinkslawtradesThe post MBA1110 Q&A Wednesday: How do I write employee contracts? 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.

Before you throw in the towel, listen to this.Actually, listen to this immediately, whether you’re just getting started, or you’re established in your independent business. Because most entrepreneurs quit, and most of those who quit aren’t defeated — they just think they are. The simple truth we discuss in this episode saved our business, and it can save yours too.There’s a very common reason the majority of entrepreneurs lose heart and walk away from their business. If you know what it is, you can overcome it.Let this lesson be your wake-up call. There’s something out there that gets in almost everyone’s way, but not everyone needs to be stopped by it. By identifying the problem, understanding its true nature, and seeing a way around it, you can go farther than the rest of the pack.You can make it. Find out how. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksThe post MBA1109 Why Most Entrepreneurs Quit 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 business person needs to be a champion. Perseverance, heart, and the will to dig deep for the best in yourself are the basic qualifications for entrepreneurship. Nowhere can we find better lessons for all that than in the memoirs of literal champions like Andre Agassi.Let us put this out there: this is the best autobiography we’ve ever featured on this podcast, full stop. Open isn’t about business per se, but it is about finding what it takes to overcome your own shortcomings, discover your motivation, and allow your daily life to be driven by deep-seated purpose.Plus, it’s a hell of a lesson in personal branding.So how did a book about tennis rank so consistently high on best-seller lists, and make it to the top of our Must-Read list for entrepreneurs? It’s simple: this book is about how mentality can overcome anything, from childhood trauma to destructive perfectionism to an opponent with a mean forehand.The book is about defining winning for yourself — something every entrepreneur needs to do in order to be truly successful.It’s fascinating, it’s moving, but most importantly for us, Open shows us what it takes to reach your full potential, whatever your calling. As books go, this one will serve an entrepreneur just as well as it would a budding tennis star. Find out why — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksOpen by Andre AgassiThe post MBA1108 Must Read: Open by Andre Agassi 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’re about to blow up. Are you ready?When big things are on the horizon, you have to prepare your business. “Catastrophic success” is real and dangerous, and businesses that aren’t prepared to handle a sudden spike in recognition and sales can founder. If you know your business is about to raise its profile, it’s time to gear up for the next level.Today, we discuss how to get ready for when the attention — and the customers — start pouring in. We’ve got 5 specific bases you need to cover, so that sudden success doesn’t turn into suddenly losing your footing. You’ve got to make the most of those rare, golden opportunities to parlay big moments into long-term profit, so don’t miss your chance!If you’re not ready, your business infrastructure can be overwhelmed. Your website can crash. Your payment processor can trigger alarms. Your inventory can be exhausted. Your ability to keep up when the good times start rolling is crucial to your survival.Worry not, entrepreneurs. Sudden success is a good problem to have, and we’re here to help you navigate it. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaEasyCourseElastic BeanstalkIntercomBraintreeStripeThe post MBA1107 How to Prepare for Growth + 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.

What’s stopping you from starting your own business? If you said money, you’re not alone.In fact, a lack of startup cash is among the primary reasons people never get their big idea off the ground. So how can you break free from a lack of capital, without resorting to loans or investors? How can you put together the scratch all on your own?We know how. We’ve done it.Today, we help you create your business-starting action plan. Our host Omar started his own first business one dollar at a time, while maintaining a conventional job. He learned from experience how to save up money and that create demonstrable progress towards the day you can actually pull the trigger.Some of these methods are easier than others. All require sacrifice. But all get the job done. See which of Omar’s 5 methods can work for you. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksDave RamseyEasyCourseThe post MBA1106 5 Ways to Save Money 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.

The subscription box: it’s all the rage, as enthusiasts of all kinds sign up to get a fresh collection of hobby-specific goodies each month. But how specific can you get? How niche is too niche to sustain a profitable box-driven business?It’s Q&A Wednesday, and we’ve got a listener with a very targeted, extremely niche idea for a subscription box service. And while we always recommend finding very, very specific problems to solve, you still have to make sure there’s a big enough market to keep your company profitable.So how can you find out?Today, we discuss exactly how to test the waters, and gather the intel you need to determine whether your big idea has a big (enough) audience. We take our listener through some business recon, and explain step-by-step how to do the low-cost market research necessary to reach an answer.Niching down minimizes risk, but you can’t go in blind. Find out how small the target can really be — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWet Fly SwingWet Fly Swing PodcastAdEspressoThe post MBA1105 Q&A Wednesday: How do I validate an idea for a niche subscription box 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.

When it comes to keeping customers, onboarding is everything.Getting your customers immediately engaged with your product is key to reducing churn and getting a return on all your marketing and advertising investment. It’s also key to creating evangelists for your brand, as new customers become repeat customers and convince others to join them.You don’t just need buyers — you need users. And you can’t have users without tutorials.Today, we’ll show you how to quickly, efficiently create bare-bones, minimum viable tutorials that get the job done. No fancy effects, no bells or whistles — just fast, effective resources that’ll get your customers using your product and reaping the benefits. These tutorials are built for speed, without sacrificing efficacy.With our tips, you can put your entire library of tutorials together in a day or two (or less!). These tutorials don’t require new website pages or a massive budget to create. They just require a (very) little time, a little know-how, and some of the helpful resources we use ourselves.Get your tutorials done, and get your customers on board — quickly! Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksZenDeskIntercomWebinarNinja HelpCloudAppThe post MBA1104 How to Quickly Create Tutorials for 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.

You know that podcasting is a powerful marketing tool. You know it can build brand awareness and accelerate the growth of your business. You know it works.You’re just not sure how, exactly.Well, we’ve got the special guest teacher for you. Kate Erickson is an authority on podcasting, having helped turn the EOFire (that’s Entrepreneurs On Fire) podcast into a multi-million dollar revenue generator. She’s also one of the brains behind Podcaster’s Paradise, the next-level podcast training program.Kate’s here to show us 5 ways you can grow your business through podcasting. With these 5 totally actionable, totally achievable tips, you can stop dreaming and start ‘casting. But instead of simply talking into the mic, you can structure and promote your podcast in a way that’s specifically geared towards business growth.Create something that will draw listeners. Turn those listeners into customers. Learn how to get your message out over the digital airwaves — and get access to a fee resource, courtesy of Kate. Click Play!To get started with an incredible free podcast course, head to freepodcastcourse.comSUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEOFirePodcaster’s ParadiseJohn Lee Dumas Free Podcast CourseThe post MBA1103 Guest Teacher: Kate Erickson- How podcasting can help grow 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.