The $100 MBA Show

Do you have the best employees? How do you know?Evaluating team members can be tricky business. Depending on the size of your team and the scope of their work, it can be difficult to know who’s doing what, and who’s doing it well. For our business, we have a special system created by our co-founder Nicole — one that you can use, too.Our system helps you gather the most relevant, useful information, and use it to get an accurate picture of the work your team is doing. Even better, our system helps your employees understand what you’re looking for, empowering and motivating them to seek the results you want.This system makes employee evaluation objective, measurable, and goal-driven. It takes the pressure off of you, and turns being a great employee into a challenge your staff can take on. Hear all about it — Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseThe post MBA1072 How to Evaluate Your Employees + 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.

Customer support via phone: has it gone the way of the landline?These days, calling up and speaking to a live support agent may not only be unnecessary, it may be detrimental to the quality of your customer service. With live chat and email available, a phone call isn’t always the most efficient.That said, we all know the feeling of “just wanting to talk to someone” when we’re having trouble with a product or service.Today, we discuss the disadvantages of phone-based customer service, and the reasons it’s falling out of fashion in the business world. We discuss what can go wrong with service calls, and how they’re potentially more expensive and less effective than other methods. We also discuss when phone service is the best option, for certain situations and types of business.Figure out what’s best for your company. Make your customer service easy, responsive, and efficient. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaBasecampSalesforceThe post MBA1071 Do you need to offer phone support for your online 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.

We love podcasting. But we didn’t get into it just for kicks.The $100 MBA show has a purpose: to build an audience, and demonstrate our credibility to those who may eventually choose to do business with us. It’s our way of offering something to people as a way to start a conversation and build relationships.It’s fun, but above all, our podcast is a marketing tool.For Q&A Wednesday, one listener wants to know how effective our podcast is at helping grow our businesses. With The $100 MBA, our software company WebinarNinja, and another project on the way, what effect has padcasting had on our overall success?Today, we discuss exactly how we know that podcasting is working for us. From the easily measurable to the indirect and subtle, we explore the bottom-line effects our popular, award-winning show. We discuss which metrics are important and how we track them, to help you understand how to accurately measure the value of the medium.Plus, we discuss what it takes to podcast, from the time and resources we invest to the ups, downs, struggles and triumphs of producing new content day in and day out. Let us help you decide if podcasting is right for you. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaEOFireWebinarNinja Webinar WorkshopThe post MBA1070 Q&A Wednesday: How much has your podcast helped grow your businesses? 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.

Ready to take the leap? Listen to this first.Leaving your 9-to-5 might be the biggest, most game-changing moment of an entrepreneur’s life. This is the moment in which you invest yourself fully into your independent goals, leaving the conventional life behind. It takes guts. It takes heart.But above all, it takes planning.Quitting your job should not be an impulse move. Today, we discuss how to transition carefully, thoughtfully, and intentionally. Our “exit strategy” starts well before you actually resign, setting you up to have the best possible chance of success on your own. With a little forethought, you can make the switch smoother, easier, and way less stressful.Our host Omar knows firsthand what it’s like to tell your boss that it’s time to part ways, having left his own career in education to create The $100 MBA. It took some sacrifices, and it took some adjustment, but it can be done. Learn how to prepare, how to talk to your current employer, and how to adjust to suddenly being your own boss. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseThe post MBA1069 How to Quit Your Job 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 all remember Breaking Bad as the tale of a plucky (if desperate) “entrepreneur” of sorts. But the story of Walter White is just one chapter in an even more incredible rise to the top: the story of actor Bryan Cranston.Before he became The One Who Knocks, Cranston had to make a career decision to which many of us can relate: whether to take the safe, predictable route, or take a chance on his own version of success — one with no guarantees.As he put it in his incredible memoir, A Life in Parts, Cranston chose to pursue something he enjoyed, however difficult it might be.Cranston’s story is the ultimate entrepreneur’s journey. Choosing to hone a craft, pay your dues, and take risks that most avoid is exactly what independent business people do. The resolve, patience, and bootstrapping attitude it takes to become not just famous, but trusted and respected, is something all of us need for our own independent careers.Tune in to our review of this Must-Read book, and hear what you can learn from TV’s most beloved…ahem…chemist. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksAudibleThe post MBA1068 Must Read: A Life in Parts by Bryan Cranston 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.

Affiliate marketing can go either way. Done right, it can be a revenue-boosting, word-spreading win that moves your business forward.Done wrong, it can be a total scam.Today, we discuss what can go badly with affiliate marketing. Trust us; we’ve learned the hard way. There are a few all-too-common pitfalls, mistakes people unknowingly make that turn a good thing into a nightmare. We’ll show you what they are, so you can avoid them — or at least know what to do if bad things happen anyway.There are good reasons we’re so selective about when and with whom we choose to affiliate.While the opportunities for growth are undeniable, the opportunities for abuse are significant. When it goes well, you come away with fantastic new exposure. But when it goes poorly, you can find yourself at a loss — or even worse, ripped off. Listen in, and go into your next (or first) affiliate relationship with the knowledge you need. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseWebinarNinja Affiliate ProgramStripeThe post MBA1067 Affiliate Program Pitfalls + 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.

Find your niche. That’s the motto of every smart entrepreneur, as we look to carve out our unique place in the market.Building a successful business involves a careful balancing act. On one hand, you have to be original; your product or service has to offer something that nothing else out there offers. But while you don’t want to reinvent the wheel, you also don’t want to alienate people with something they’re not ready for.A product that’s too different, too far out in left field, isn’t likely to be embraced no matter how “good” it is on its merits.Today, we discuss how to make your business different enough to attract a loyal following, but not so strange that it goes over people’s heads. We look at specific examples of companies that add just enough of a twist to secure their slice of the market, without being too derivative or too radical. It’s the Goldilocks Rule: not too different, not too similar, but just right.Figure out where your business can go, with the right amount of (restrained) creativity. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksWebinarNinjaEasyCourseThe post MBA1066 How to Create Something Different 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.

Do you know where your money is?Accounting can be a little intimidating for those of us who aren’t mathematically inclined, or aren’t exactly experts in the latest tax and regulatory issues. It’s Q&A Wednesday, and one listener wants to know how we keep an eye on our funds, and what kind of resources we put into it.Spoiler alert: we have an accountant.Today, we discuss why we have an accountant, what to look for in a good one, where to find one, and what it costs. Freeing yourself from the burden of accounting can be one of the smartest investments you can make in your business, if you have the right person (and tools) for the job.Our accounting system involves not just the help of our (very good) accountant, but some simple software applications that really take the stress out of managing finances. Hear how we keep track of things, and decide if it’s right for your business — especially as the numbers get bigger. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksXeroReceipt BankThe post MBA1065 Q&A Wednesday: Do you do your own accounting? How much time do you spend on 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.

There’s a difference between busy and burnt out.We get it: motivated, driven entrepreneurs aren’t scared of a little hard work. We want to tackle everything ourselves, because we’ve chosen independence as a way of life. But working for yourself doesn’t mean going it alone. If you try to do it all as your business grows, eventually you’re going to drop a ball or two.Today, we discuss how to know when it’s time to pump the brakes. Especially as you scale, skillfully delegating work is crucial. Keeping yourself energized, efficient, and productive doesn’t mean overworking yourself to the point of failure. It requires taking a step back, assessing your workload, and doing what’s best for the business.Fortunately, there are some tell-tale signs that you’re doing too much, or that you’re doing too little. We even have a specific system we use to determine whether our “To Do” list is too long, too short, or just right. With a little strategy, you can organize yourself into low-stress productivity.The point of entrepreneurship isn’t to work yourself to death. Try our system, and see if you could use a little help. Click Play!SUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksEasyCourseThe post MBA1064 How do you know you have too much on your plate? 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 takes some practice before you’re good at getting rejected. The more it happens, the better you are, the more easily it rolls of your shoulders.No, this is not one of those “fail up” lessons, where we tell how you should treasure every bad moment. We know rejection is painful, we know it’s frustrating, and we certainly don’t suggest you seek rejection as a way to grow as an entrepreneur.We simply want you to accept rejection, and embrace it as part of the entrepreneurial process.To that end, we’ve brought on a special guest teacher. Sales expert Travis Chappell hosts the Build Your Network Podcast, and knows a thing or two about moving past rejection. More importantly, he’s here to warn us that fear of rejection cannot be allowed to hold us back.Today, Chappell offers the down-to-earth tips you need to reset your psychology so that you never lose the optimism and drive that got you into independent business.If you think you’ve heard this kind of advice before, trust us — you haven’t. Find out how rejection can become just another obstacle to navigate on your way to success. Click Play!To schedule a one-on-one phone conference with Travis Chappell, head to buildyournetwork.co/fbSUBSCRIBE ON APPLE PODCASTSSpotify| Podcast Feed| How To SubscribeGive us a Rating & ReviewShow LinksBuild Your NetworkTribe of Mentors by Tim FerrissWe Are PodcastStart With Why by Simon SinekThe post MBA1063 Guest Teacher: Travis Chappell- Why Overcoming Rejection Is Necessary For 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.