The $100 MBA Show

Business software: from CRM to CMS to accounting and more, running an agile, lean business requires some digital products.But after a while, those products can start to pile up.Next thing you know, you’ve got dozens of accounts, usernames and passwords you’ve long forgotten, and (worst of all) money pouring down the drain as you pay for products you don’t really use. It’s happened to all of us: we buy a cool-looking program that seems like a great deal at the time, only to let it collect digital dust.Well, it’s time to clean house.Today, we explain our system for evaluating the programs we use, assessing their value, and dumping what we don’t need. We discuss the symptoms of software overload, and how cutting the digital dead weight can improve your efficiency. Keep your business organized. Keep it streamlined. Keep it profitable. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaEasyCourseThe post MBA1082 How to Prevent Software Overload in 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.

An entrepreneur has to be a planner. We plan everything about our business, from our budgets to our marketing strategy to our launch. So why on Earth don’t we plan the one thing our whole business depends on?We don’t we plan the product?Product documentation is a crucial step that too many entrepreneurs skip. Articulating and writing down everything, from the purpose of the product to the design and more, is invaluable. It allows you and your team to stay on the same page. It maintains your focus on what makes the product great, so that each iteration is an improvement.Product documentation is the blueprint, guidebook, and instruction manual for your whole team. Today, we discuss what makes this documentation so important, and tell you exactly how to create your own. With examples from our own business, we help you plan your product development like a professional.The results will speak for themselves. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaThe post MBA1081 Why You Need Product Documentation 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.

Are two heads better than one? In a lot of ways, we like to think so.It’s Q&A Wednesday, and one listener wants to know what advantages co-founders have over solo entrepreneurs. Our host Omar has run businesses without a partner in crime, so he knows what makes the extra support (and extra challenge) of a partner so valuable.Long story short: it’s not a requirement, but it definitely has its upsides.The support of a co-founder doesn’t make business easier. It enriches the experience, and keeps you performing to your potential. Sharing the load doesn’t make it lighter, but it allows you to carry it further, and in new directions. Hear all about what we mean, and how teaming up might be worth considering for your next business venture. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaThe post MBA1080 Q&A Wednesday: What are the advantages to having co-founders? 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.

Sit down for this one: your “likes” don’t matter.One of the easiest traps for entrepreneurs to fall into is chasing meaningless forms of validation. It doesn’t matter how many followers you have, or how “big” your business is. What matters is whether you’re making progress towards your overarching goals.Unfortunately, distractions are around every corner.Real progress isn’t measured in hearts, or your number of employees, or even revenue alone. Real progress is something else. Today, we discuss how to stop obsessing over metrics that don’t matter. You have limited time and resources, and every second (and dollar) you spend chasing numbers that don’t promote growth is a mistake.Forget followers, earn fans. Forget size, and move forward. There are too many things you should focus on to bother with the superficial. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksGhostCal NewportDerek SiversThe post MBA1079 The Importance of Ignoring Vanity Metrics 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, like life, has patterns. But just as those patterns can help you understand what’s likely, they can blind you to what’s possible.That might sound like a deep statement, maybe even a little philosophical for a business podcast. But this week’s Must-Read book, The Black Swan by Nassim Nicholas Taleb, is all about thinking deeper than ever before. And by peering into the true nature of things, you can see what other entrepreneurs might miss.The subtitle of the book says it all: The Impact of the HIghly Improbable. Taleb came out of the Great Recession without a scratch, specifically because he anticipated something unlikely. The limits of our experience, he argues, put limits on our thinking.And that’s a pattern we should break.Learn how to think beyond the predictable. Be open-minded enough to adapt to changing circumstances. Give yourself the advantage of a wider perspective. It might sound deep, but Taleb brings these concepts to an understandable, practical level. It’s stuff worth thinking about — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaThe post MBA1078 Must Read: The Black Swan by Nassim Nicholas Taleb 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 taking so long? If your customers are asking themselves this question, your business has a problem.Customer support is all about speed, especially for certain kinds of software products. Without fast, reliable support, your customers may not choose to remain customers for long. Instead, they’ll become part of your churn — the rate at which you lose existing business.Don’t let that happen.Keeping business is always easier and less expensive than creating business, so treat your customers right. Today, we discuss specific strategies you can use to decrease your company’s response time to customer issues, so customers will know you have their back.Any investment in the onboarding and satisfaction of your current customers is worth your time. Check out these techniques, software recommendations, and best practices that will help you respond faster and faster to every inquiry (just like we do). See how fast you can be — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaEasyCourseZendeskIntercomThe post MBA1077 How to Have a Faster Support Response Time + 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.

“The money is in the list.” If you’ve done online marketing anytime in the current century, you’ve heard this maxim.And we can tell you from experience: it’s true.Your email contact list is the heart and soul of your marketing efforts. The bigger and more targeted your list, the more chances you have to convert. A well-constructed email list is everything to an online business, so it’s crucial to build it big, but also to build it right.Today, we’ll show you exactly how.We have growth techniques proven to have a significant impact. Trust us, this isn’t generic advice you’ve heard before. Some of our tips involve commonplace strategies, but in new and different combinations. We’ve personally used these creative moves to grow our list — and our business. And so can you.Find out how you can maximize your marketing and build a bigger, better list. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaWebinarNinja BlogBacklinkoWistiaSelf Publishing SchoolThe post MBA1076 5 Effective Email List Growth Strategies 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.

Does it take really take two to make a dream come true?Every podcast is different. But there’s no denying that sometimes, the dynamic between podcast co-hosts is the reason we keep listening. But is it necessary? Would your podcast do better if you brought in another voice?It depends.While two hosts don’t always make a podcast twice as good, certain shows could use a little host-to-host banter. Naturally, we only use one host, Omar Zenhom. But that’s because our podcast plays to his particular strengths and experience. Meanwhile, other podcasts would be lost without the chemistry between multiple hosts.Today, we discuss exactly what kind of podcasts require co-hosts, how to choose the best ones, and how to make the most of your shared dynamic. We cite examples of incredible co-hosted podcasts that you can check out, and use for inspiration when creating your own show.See if you should go it alone, or make room for another voice — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksListen Money MattersThe Fizzle ShowBusiness AddictsThe post MBA1075 Q&A Wednesday: Should I have a co-host on my podcast? 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.

Everyone has to start somewhere.If you’ve never built a business before, can you really pull it off? Spoiler alert: the answer is yes.However, your odds of success will depend on your willingness to face certain hard truths, do some hard work, and otherwise face down some difficulty. That doesn’t mean it has to be endlessly stressful — it just means you have to know what you’re getting into.Today, we share exactly what you need to do in order to get your feet wet, establish yourself as an entrepreneur, and earn your stripes. Your entire perspective, your entire mindset, might have to shift. But you can do this.Our host Omar would know. He transitioned from conventional employment to entrepreneurship, and failed many times along the way. What he learned, you can apply. Get past the intimidation. Grow your confidence. Get ready to start your first business. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksAnyone Can Do It by Bobby and Sahar HashemiRich Dad, Poor Dad by Robert KiyosakiThe post MBA1074 Can You Start a Business With No Experience? 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.

Will it work? Every entrepreneur has to ask this question.Idea validation is the first step to founding a successful business, so it’s crucial to figure out whether your next product has real potential.Jeet Banerjee is a serial entrepreneur who’s built and sold multiple businesses, consulted for several more, and made his mark as an author and TEDx speaker. Today, he’s here to show us exactly how to test the waters. Banerjee’s 4-step process for evaluating a business idea is the most efficient way to get real answers, so you can decide whether to keep going — or move on to something else.From conception to testing to tweaking, Banerjee has the system you can use to validate (or not) your next big product idea. Learn how to tell whether an idea is worth pursuing — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksTaskRabbit$100 MBA Free Idea Validation CourseSecrets of Insanely Successful People by Jeet BanerjeeThe post MBA1073 Guest Teacher: Jeet Banerjee- How To Find Out Fast If Your Business Idea Will Succeed 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.