The $100 MBA Show

Are you holding your business back?It’s a classic problem for solopreneurs and small businesses. The founder is used to personally taking care of everything; but when the business gains traction, there are more decisions than anyone can handle alone. As a result, the work backs up behind one person, whose inability to let other people share the steering wheel slows the whole operation down. Is this you?Today, we’ll discuss how to assess whether this is happening in your business. More importantly, we’ll share what you can do about it. We would know — at one point, our very own Omar realized that if he didn’t get out of the team’s way, we’d be stuck in a rut.Swallow your pride, and take your business from plateauing to growing. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

The online community: is it just a gimmick, or an important part of a modern business approach?Whether it’s a Facebook group, a Slack channel, Discord, or something else, giving your customers a place to hang out together can have its advantages. But of course, someone has to devote the time and effort necessary to build and maintain these communities. Today, we explore what it takes to create and manage an online community, and what your business can gain from it. While not appropriate for every kind of business, a community can drive customer loyalty, retention, and help spread good word of mouth.We’ll share our experience with these communities, and why we’re currently creating one for our own customers.Get a sense of the cost and potential ROI of bringing your customers together. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Engagement is crucial. But how much engagement can you handle?It’s Q&A Wednesday, and we’ve got a listener with a problem that most creators would be happy to have. Their social feeds and YouTube channel are brimming with comments!The problem: do all these comments need replies?You have to engage, but it’s impossible to keep up with every comment on a popular account. How much is too much? How much is too little? This listener is burning out fast by replying to pretty much everything. Is it worth it?Today, we offer a system for maintaining the conversation without losing your marbles. By prioritizing certain kinds of engagement and creating firm boundaries, you can strike a balance between engagement and exhaustion.To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

The ‘Great Resignation’ set a lot of talent loose. The options for all kinds of workers are better than ever, and opportunities for better employment abound.So why should your team stick with you?It’s a question every business owner should ask, especially now. Today, we share how we maintain a solid relationship with all our employees, so top talent doesn’t head for the door.Spoiler alert: it’s not all about the money.In this episode, we lay out our strategy for engaging with our team in a way that makes them feel heard, valued, and appreciated. Surprisingly enough, most companies don’t do the one thing that can drastically boost employee loyalty, and help you be a better boss.Find out how we keep ‘em in the family. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

If you’re not well, your business can’t be. There’s nothing woo-woo about it. Keeping your mind, body, and energy in good shape is key to making the best decisions, being productive, and making entrepreneurship a healthy pursuit. But of course, that’s easier said than done for busy founders. Kerrie Otto de Grancy & Marie Louise take a conscious, holistic approach to putting all your wellness ducks in a row. Today, they’re here with 4 key areas to focus on, as well as 5 ways to improve your overall well-being to the point where both you and your business can reach the next level.Break out the notebook for this one! This lesson is packed with valuable insights into the nature of health, business, and where the two meet. Click Play!Evolve Yourself InstituteSUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

So you created an app. But can you sell it totally on your own, or should you make it available on the most popular marketplaces: the App store, Play store, etc? What do you have to gain? What do you have to lose? Today, we run a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for independent app developers. There are very good reasons to work with a major app store, but also undeniable drawbacks. So what’s your move?Tune in to this discussion, and decide if being on a big app marketplace can work in the context of your specific business model. We’ll lay out the facts, so you can make the right decision for you.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

If you’re not growing, you’re dying.That’s just as true for a business founder as it is for the business itself. If you’re not improving your ability to run a business, your business can stagnate.In other words, you can never stop upping your game.But how do you go about that? What can you do in concrete terms to make sure you’re developing as an entrepreneur? In this episode, we help you do exactly that.Today, we explain how to identify and narrow down key areas of improvement to focus on over the course of the year. This isn’t just advice we’re giving; it’s the exact system Omar uses annually, including for 2022.Get a handle on your professional development, and take specific action to keep your butt off your own laurels. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

Some countries cover their citizens’ healthcare needs. Some cover a portion. In others, employers are the only real source of coverage.So if you’re hiring globally, what the heck kind of health plan do you even offer?It’s Q&A Wednesday, and one of our listeners is building a borderless distributed team. How can they possibly accommodate the needs of…everyone? It’s a fair question, one that’s becoming more important as remote work becomes the norm.In this episode, we discuss all the factors you have to consider, and how expectations vary from nation to nation. Learn what you can expect when it’s time to hire from abroad, and where to find help and services that help small businesses tackle the healthcare question. Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

As we like to say, your website is your biz.Even if you have a physical store or office, your site can make or break your whole operation. But of course, every website needs regular maintenance, updates, and protection from cyber-threats in order to run properly. Is that the kind of thing you can do on your own, indefinitely? Or do you need someone to be in charge of it?More importantly, is this “someone” a full-time hire?Today, we discuss what your website needs, and who your website needs. If something goes wrong, every minute your site is down can cost thousands. And even when everything is working fine, constant tweaks and updates are necessary. Even if you’re a solopreneur for now, your website’s needs will grow with your company. At some point, ensuring those needs are met may be worth a full-time salary. Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed

It’s been quite a year for adversity.From a global pandemic and its effects on hiring and supply chains, to a drastic reckoning with structural inequality, times got tough.But as any successful entrepreneur will tell you, navigating adversity is the one skill that everyone in every business needs. So how can you dig deep and respond constructively when the struggle becomes real?Jessica Norwood is an activist and entrepreneur who specializes in overcoming adversity. Today, she’s here with 4 powerful insights that only experience with true adversity could produce. Entrepreneurship is about being challenged; the choice to start a business is a choice to face adversity head-on. With this lesson, Jessica shares practical wisdom that can prepare pretty much anyone in any industry to adapt and overcome. Click Play!RunwaySUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed