The $100 MBA

Ever seen a win that — at first — looks like a fail?

Elon Musk is the king of confounding expectations. When he unveiled Tesla’s take on the good ol’ ‘Merican truck, he did what he does best: surprised everyone, for better or worse. Even a demonstration of the Cybertuck’s, em… impact-resistant windows famously didn’t go according to script.

And that’s perfectly on-brand for the guy who wants to colonize Mars.

Whatever you think of him, Elon Musk is undeniably successful. Occasionally overshadowed by his public persona are achievements in tech and business that everyone can learn from — even small businesses.

Today, we’ll discuss how the Cybertruck is a fantastic lesson in bold business strategy. Musk crashed headfirst into an incredibly tough-to-crack industry with an audacious out-of-left-field product. He invited controversy and criticism. He put on a show.

And the pre-orders came flooding in.

Sometimes, the marketing power of utter uniqueness is worth exploring. And sometimes, taking risks is less risky than it seems. Hear how you can apply the Tesla philosophy to your next launch. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Axos Bank

Want a bank that moves your small business forward? Axos’ basic business checking account is crafted for business owners with solutions to meet your needs. It’s simple, convenient, and hassle free. Axos is 100% digital, with lower overhead that eliminates the need for maintenance fees, minimum balances, or domestic ATM fees. Access your money anytime, anywhere. Axos will give you $100 just to try it out: use promo code 100MBA at axosbank.com/100mba.

Personal Capital

Ready to purchase a home? Saving for tuition? Talk with Personal Capital’s registered advisers, who can help you build a personalized plan. Or download the Personal Capital app and get a 360-degree view of your finances in one place. Invest with logic. Plan with heart. For more information, head to personalcapital.com

Let’s start here: a retreat is not a frivolous expense.

For teams of all sizes, a retreat can have an incredible, valuable effect on motivation, cohesion, and productivity. It’s the definition of the term “investment:” something you spend money on because it will be worth it in the long run. 

But you don’t have to spend too much.

Today, we’ll discuss how you can put together a retreat on the most meager of budgets, if you’re willing to get creative. It doesn’t have to be elaborate. It can even be local. Whatever gets your team out of their normal working context and into a new adventure together can have the desired effect. 

And the effect is very, very, desirable.

We’ve got alternative retreat options for every budget, plus tips on how to get your team involved in the planning and decisions around your retreat. Especially for (increasingly popular) remote teams, getting everyone together for a little out-of-workplace experience can make a huge difference in how everyone works together.

You know you have to nurture leads. Don’t forget to nurture your team. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Fizzle

Let’s be honest: entrepreneurship can be lonely. You’ve got a million questions about your business, and few people to ask. Get the knowledge and support you need with Fizzle. Fizzle can help you earn a living doing something you love, with training, tools, coaching, community, and their famous Roadmap. Join Omar and thousands of other entrepreneurs on Fizzle — Get a free 14-day trial at fizzle.co/omar now!

Personal Capital

Ready to purchase a home? Saving for tuition? Talk with Personal Capital’s registered advisers, who can help you build a personalized plan. Or download the Personal Capital app and get a 360-degree view of your finances in one place. Invest with logic. Plan with heart. For more information, head to personalcapital.com

Show Links

EasyCourse

There’s apps — and then there’s Chrome extensions.

It’s a fantastic, emerging niche-among-niches. As Chrome becomes an ever more popular browser, the need for the Chromified version of this or that software become ever more important. Halfway between a cloud-based solution and a full-on app, Chrome extensions meet a need that’s more needed every day. 

It’s Google’s world. We’re just living in it.

For anyone who wants to get into the software business, a great Chrome extension could be the hidden avenue you haven’t considered. Today, we’ll discuss some incredible examples of Chrome extensions that — while less famous than some popular apps — are models of entrepreneurial success. 

We’ll explore what characteristics your Chrome extension needs to be successful, how to build it, and how to find the help you need. This could be the business you never knew you needed to get into. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Fizzle

Let’s be honest: entrepreneurship can be lonely. You’ve got a million questions about your business, and few people to ask. Get the knowledge and support you need with Fizzle. Fizzle can help you earn a living doing something you love, with training, tools, coaching, community, and their famous Roadmap. Join Omar and thousands of other entrepreneurs on Fizzle — Get a free 14-day trial at fizzle.co/omar now!

Columbia College

Founded in 1851, Columbia College has been accredited for more than a hundred years. 8-week classes are held year round, so you can earn your degree quickly. With Columbia’s “trutition,” your education is one low price; no fees, book costs, or other surprises. Columbia even offers e-texts convertible to audio for studying on the go. Graduate or undergraduate, live or online, Columbia has classes for you — plus, Columbia has eliminated all fees from the application to graduation. Head to mytruition.com/mba to learn more.

Show Links

Honey

Udemy

Coursera

SkillShare

Freelancer.com

UpWork

EasyCourse

The first sign that you’re really serious about moving your business forward? You’re ready to hire a coach.

A successful entrepreneur is two things: brave enough to try on their own, and smart enough to know their limits. The ones who make it know when to get help, when to invest in the experience and skills of others rather than trying to do everything themselves. 

Whether it’s an employee or a coach, no entrepreneur is an island. 

When you hit a plateau, it’s time to find someone to learn from. But who can you trust? It’s Q&A Wednesday, and we’re helping one listener learn the difference between real, qualified coaches, and the army of “gurus” out there whose only real skill is convincing fellow entrepreneurs to hand over their hard-earned profits. 

We’ll discuss how to sift through the grifters, evaluate qualifications, and find the coach that’s right for you. We’ll also explain how to make sure you get what you want out of your coaching experience, since teaching and learning is a two-way street.

A coach is a great investment — if it’s also a wise one. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Axos Bank

Want a bank that moves your small business forward? Axos’ basic business checking account is crafted for business owners with solutions to meet your needs. It’s simple, convenient, and hassle free. Axos is 100% digital, with lower overhead that eliminates the need for maintenance fees, minimum balances, or domestic ATM fees. Access your money anytime, anywhere. Axos will give you $100 just to try it out: use promo code 100MBA at axosbank.com/100mba.

Talk Money with Mesh Lakhan

Uncover the story of your money. On Talk Money, Mesh will follow paper trails, chat with experts, and break down complex ideas to bring clarity to the financial world. These sharply produced, complelling stories cover everything from BitCoin to student debt and everything in between. Learn how to spend, invest, and earn in today’s world. Subscribe to Talk Money with Mesh Lakhani today.

Show Links

Dan Martell

Yes, we all want our startups to be lean. Profit first, we always say. But like any fundamental truth, there’s an equal and opposite consideration you should never forget:

You get what you pay for.

Today, we’re discussing a few things you should never seek the lowest price on. Like a great pair of boots or the roof over your head, some necessities are better invested in for the long term, rather than found cheaply. The lowest price can end up costing your business, if the asset in question doesn’t do what you need.

Sometimes, the ROI is worth more than even the biggest price tag.

Some of these items may seem obvious (but not to everyone). Some may surprise you. But for any and all business types, these are the bits of overhead you should build your budget around. Spend as much as possible on these things, and your business will be rewarded.It’s always important for small businesses to save money where they can. It’s equally important to know when not to skimp. Make sure your money is well spent — Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Bayer

Bayer creates medicine to treat allergy symptoms, so allergies don’t get in the way of a good time. From advances in health to innovations in agriculture, Bayer is advancing medicine for a better life. At Bayer, this is why we science.

Personal Capital

Ready to purchase a home? Saving for tuition? Talk with Personal Capital’s registered advisers, who can help you build a personalized plan. Or download the Personal Capital app and get a 360-degree view of your finances in one place. Invest with logic. Plan with heart. For more information, head to personalcapital.com

Show Links

WP Engine