The $100 MBA Show

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[Bonus Episode] Ep1 of Start Your First Online Business Oct 14, 2020

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Today, we’re bringing you something special.

We teamed up with Himalaya Learning, an online education platform offering audio courses in entrepreneurial skills. Together, we created Start Your First Online Business, a complete course that walks you step by step through creating your own startup.

This 10-part course gives you the knowledge you need to get your business idea out of your head, and into the real world — with a low-risk, sustainable, realistic approach.

…and we’re sharing the first lesson for free, here on The $100 MBA Show.

Lesson 1, Entrepreneurship 101: Business Basics, explains the mindset you need to succeed as an entrepreneur.

In it, we explore the 5 core principles that maximize your chances of actually making it as an independent business founder.

With insight and experience from our own journey, this lesson delivers the strategies that create a strong, stable foundation for your business. Best of all, our approach doesn’t involve going into debt or risking your home or life savings.

It’s a strategic philosophy grounded in reducing risk, and building your business one piece at a time.

Check it out, and don’t forget to use our special promo code for a free trial of Himalaya Learning, with all the courses it has to offer. Start Your First Online Business is available now, exclusively on Himalaya.

Click Play!

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Himalaya Learning: 14-Day Free Trial including Start Your First Online Business with Omar Zenhom (Use Promo Code MBA)

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MBA1635 Q&A Wednesday: How much do I need to pay my EA? Oct 14, 2020

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Ready for an executive assistant?

It’s Q&A Wednesday, and we’ve got a listener who wants an EA, but isn’t sure what to spend. An EA is our top recommendation for a first hire, and they can quickly become invaluable.

…but how much should “invaluable” actually cost?

Today, we’ll discuss what the options are, what the variables are, and our recommendations for finding the perfect new team member.

From local to global, part-time to full-time, the right EA for your needs, budget, and location is out there. Let’s find them! Click Play!

Glassdoor

Onlinejobs.ph

To submit your questions, visit 100mba.net/q.

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MBA1634 3 Reasons Not To Sell Your Products on eBay Oct 13, 2020

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If you’re thinking of selling products on eBay…don’t.

It seems like a good idea, from a distance. But the dangers inherent in selling on eBay far outweigh the advantages. Our intrepid host Omar would know — he had an eBay-based business once.

There’s a good reason he doesn’t have one now.

Today, we detail the serious downsides of eBay commerce, including some nefarious scam artistry that anyone can fall victim to — and eBay can’t seem to do anything about.

We’ll discuss why it’s always better to invest in your own e-commerce infrastructure, even if it costs more up front. Plus, we’ll tell you the one thing eBay actually is good for (hint: not business). Click Play!

Shopify

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MBA1633 Guest Teacher – Gino Wickman – How To Determine If You Have What It Takes To Become An Entrepreneur Oct 12, 2020

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Is entrepreneurship for you? ‘Cause it’s not for everyone.

If you’re wondering whether you have what it takes to build your own business, we have an answer. Actually, our special guest, Gino Wickman, has an answer.

Actually, you have the answer. But Gino has the perfect way to help you find it.

Gino Wickman has 30 years of experience building businesses, guiding other entrepreneurs, and writing best-selling books on entrepreneurship — including one featured on our “Must Read” list.

Today, he’s here to help you self-evaluate as a budding entrepreneur-in-the-making.

Tune in, and hear about the specific traits that successful entrepreneurs have. It’s not about whether you’re “good” enough, or have some mind-blowing product idea or experience in business. It’s about whether you’ll really love it. Click Play!

e-Leap Free Resources for Entrepreneurs

Free Chapter: Entrepreneurial Leap by Gino Wickman

Must Read: Traction by Gino Wickman

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MBA1632 How Do You Turn Your YouTube Viewers into Email Subscribers? + Free Ride Friday Oct 09, 2020

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Got great YouTube content? A strong following? Great!

But how is that supposed to help your business?

Today, we discuss how to turn views into conversions. YouTube is awesome for the top of your marketing “funnel,” but all those viewers are useless if you can’t follow up. You need email addresses, not likes and shares.

Fortunately, there’s a way.

Learn how a simple modification can turn every YouTube video into a lead-capturing, email-list-building machine. Get your potential customers off YouTube and into your business ecosystem. Click Play!

EasyCourse

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MBA1631 How To Create A Compelling Sales Page Oct 08, 2020

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What makes a sales page work?

The goal is to get people to buy. So why do some pages perform better than others? Today, we’ll discuss one key element that has a bigger impact than any other.

Whether it’s your homepage, or individual product pages, there’s one thing that really conveys the value of your product. It might not be what you think, but it’s undeniably at the core of what inspires consumer action.

Best of all? This thing is completely under your control.

Tune in, and learn how your sales pages can make a stronger case for your products. Click Play!

Words

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MBA1630 Q&A Wednesday: Is it OK to not give refunds? Oct 07, 2020

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No-refund policy: good idea? Terrible idea?

It’s Q&A Wednesday, and we’ve got an online course seller who wants to protect their revenue from frivolous refund requests. Will a blanket no-refund statement scare people away?

Or will it just save some hard-earned cash?

We’ll discuss a few options when it comes to refund policy, and why no business owner has to feel bad about protecting their investment. It’s all about making sure that customers really give your product a chance first!

There is a way to make sure people who are genuinely not helped by your product get their money back — without letting yourself be taken advantage of. Click Play!

To submit your questions, visit 100mba.net/q.

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MBA1629 How to Attract Great Talent When You’re Just Getting Started Oct 06, 2020

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We all want the best possible team. But is that a realistic goal in your first year or two? When you haven’t established a reputation yet, how can you attract the best talent?

Turns out, being new to the game is a big advantage in that department.

Today, we discuss 5 things that attract great hires, and explain why new businesses are sometimes better positioned to offer them. We’ll explain what to put out there so dynamic, creative, hungry individuals apply.

If you build it, they will come — but only if you give them a few good reasons.

Learn why money isn’t the only factor in attracting employees. Empower your business to bring in top talent, with a few promises that anyone can keep, in any size business. Click Play!

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MBA1628 Guest Teacher – Penny Elliott – How To Get Momentum In Your Business Through Accelerated Sales & Automation Oct 05, 2020

Show notes

Not much of a “salesperson?” That’s ok (and totally normal).

Today, we’ve got a top-level expert in the Selling Arts, Penny Elliott. Penny’s raked in millions in sales over her career, and currently makes her living showing others how it’s done.

In this episode, Penny shares 3 specific strategies anyone can use to move their products and services — especially in the current business climate.

Learn the principles that can empower you to sell, whether you think of yourself as a “salesperson” or not. Click Play!

Get Momentum by Penny Elliott

Penny Elliott Group Sales Swipe Copy

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MBA1627 Do You Need an Office To Work Efficiently + Free Ride Friday Oct 02, 2020

Show notes

What did we really lose when we lost our offices?

Coronavirus changed everything for some companies. Not ours — our team has always been fully remote. But as other companies were forced into the WFH life, we couldn’t help but wonder…

…have we been missing out on something?

Our host Omar decided to find out by asking a fellow entrepreneur. He spoke with the founder and CEO of Wistia, which had to shutter their Massachusetts-based headquarters.

Did they lose productivity? Collaboration? Revenue?

Hear what Omar learned, and how it can affect your business plans. If given the choice, should you build a remote team, or get yourself an office? Click Play!

Wistia

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