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MBA418 How to Spend Your Profits

MBA418

What do you do with the monetary successes that you make in your business? When your business starts making money and you start making profits, we get excited and forget about spending it wisely. We know that not a lot of people talk about this topic so we want to make sure that this is covered in today’s episode. If you’re ready to learn, hit play!

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Gary Vaynerchuk

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MBA417 Your Business Debt Action Plan

MBA417

Being in debt in business is not a fun feeling. We know. We went through this same situation and thankfully got out of it. In this lesson, we want to share with you what we have done to resolve it- our action plan to get out of debt in business. This action plan is laid out to show you exactly how to get out of debt as soon as possible. So sit tight and hit play!

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MBA416 Is Your Credit Score Important in Business?

MBA416

Nowadays, our credit score seems to be more important than how much money we are actually making. It determines if we can get a loan, a credit card or even a mortgage. Is our credit score something that we need to worry about or can we just let it be? Let’s find out! Hit play!

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Visit dmipostgrad.com to download the brochure for DMI’s Postgraduate diploma in Digital Marketing and start realizing your digital career goals. Study wherever you want, whenever you want! Enjoy 24-hour access to video lectures, downloadable support materials and interactive quizzes from any device. Complete the course at a pace that suits you. Visit dmipostgrad.com now!

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kickstarter.com creditkarma.com

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Design Entrepreneurship Uncategorized

How Important is Your Look?

Do appearances matter? Most people – especially business people – would say yes, though how much so is up for debate. When it’s time to project competence and success, most of us reach for a suit, even if it’s not something we’d normally wear. Meanwhile, Steve Jobs single-handedly revolutionized the tech market with nary a departure from his black turtlenecks over blue jeans and sneakers. The question remains: are looks powerful enough to make or break a business?

The importance of your look isn’t limited to your style of dress, either. What about the look of your entire business: the storefront, the website, the service vehicles? The business card? The way you and your business are presented to the world matters, but understanding how and how much is the key to leveraging your style into profit. While the number one priority of any entrepreneur should be the substance of the product, the right look can be the key to finding that product’s market.

Know Your Audience

The first thing to understand is that there is no universal dress code. The CEO of an investment firm might wear a suit, but if an automotive tech showed up to work in a three-piece from Calvin Klein, many would question his grasp on the business. What you wear and how you present your business depends on what exactly you’re trying to say. More importantly, it depends on who you’re saying it to.

Take the example of Jordan Richter. Richter was a skateboarding pro who decided to parlay his passion into a service business: teaching skateboarding. If he presented himself to his audience in anything double breasted, they’d be more suspicious than interested. Likewise, if he wore flip-flops, he wouldn’t be taken seriously. His look, from his carefully unkempt beard to his hyper-functional wardrobe, announces that he’s a professional who not only knows how to skate, but personally understands his customers’ desire to learn how.

That’s not to say that it’s never appropriate to suit up, even if the business you’re in is creative or technical. When my partner Nicole and I used to do video work, our wardrobe had to reflect the setting in which we filmed. As videographers we were strictly on the artistic side of things- but when it came time to shoot at financial firms, we made sure to adhere to the dress code of our clients, suiting up out of respect for the setting.

When it comes to your personal style, the key is not simply to look like a professional. It’s to look like a professional something. Whether that’s a professional motivational speaker, a professional writer, or a professional acrobat, your look has to strongly suggest, at a glance, that you’re what the customers are looking for. By dressing the part, you don’t necessarily convince anyone that you’re the right person for the job, but you do convince them to look more closely and find out for themselves.

The Business Makeover

Of course, the look of your business has to reflect the same dedication to professionalism as the look of your person. If you own a brick-and-mortar business, it’s vital to pursue the kind of curb appeal that sends the right message to passersby. That might mean stark and minimalist, or it might mean eclectic and homey, but whatever it is, it has to speak to what you’re offering.

More importantly in today’s economy, the look of your web presence needs to be on point. Your website should have a clean and intuitive interface, an attractive layout, and an overall design that reflects the character of your business. In an environment where most consumer decisions begin with a Google search (even if they end at a physical location), your online look may be the most important look of all.

The key to projecting a professional web “look” is quality images. When it comes to images, nothing looks more unprofessional than poor quality pictures and illustrations. If you have to hire a professional photographer in order to have quality pictures for your site, it’s worth every cent. In fact, it’s better to have no images than blurry or poorly framed ones. The same goes for profile pictures and other images for use in social media and online ads.

Combine strong e-style with confident and relevant personal style, and you’ll not only draw more potential customers in, you’ll notice a difference in your own outlook. A great image raises expectations, including your own. It may seem superficial, but anyone who’s nailed their image can tell you that the effect on their self-confidence and drive is a self-fulfilling prophesy.

While substance is always the first concern, it’s a fact of life that appearances matter, so come correct. Whether we admit or not, everyone makes instantaneous judgments based on visual first impressions; it’s just how humans are wired. Those judgments then lead to decisions. In a crowded marketplace, this means that your look could be the difference between piquing interest and being passed over.

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MBA415 Guest Teacher: Lewis Howes- Creating a Clear Vision of Exactly The Business You Want

MBA415

As entrepreneurs, we all want success and significance. And we want to make some money too. But we all know that it’s a lot easier said than done. Often, the problem is that we have dreams but we don’t know how to follow them. In this super awesome lesson, we’re lucky to have Lewis Howes as a guest teacher to teach us how to create a clear vision of exactly the business that we want and to shape our vision so we can reach our dream. Get ready to learn! Click play!

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Insurance is a headache you don’t want to think about when running your business. But Stride is easy and it will save you lots of good money… crazy, I know. Health care designed for entrepreneurs Get the coverage you need. Get back to business. Check them out, and thank us later. stridehealth.com/mba

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Say thanks to Lewis on Twitter @LewisHowes! lewishowes.com The School of Greatness Book

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MBA414 Q&A Weekends: I’m simply not funny. Do I need to try to be funny in my writing?

MBA414

It seems that everybody on the internet is funny and successful. So one of our listeners asked, do I need to be funny and entertaining or can I just be myself and not worry about being funny? Our answer for this question can be applied to anything- writing, podcasts, videos or any way that you express your work. We want to help you succeed as an entrepreneur so hit play to reveal the answer!

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BLiWItz8

When it comes to incorporations, that’s means BizFilings. BizFilings is where you go to incorporate your business with step by step guidance from on-demand experts. With more than a million incorporations under their belt, the people of BizFilings know all the ins and outs of setting a business up for success. Get started today with a free guide at bizfilings.com/start

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MBA413 Q&A Weekends: Who edits your amazing videos? How can I find a great video editor?

MBA413

At some point you’re going to have to produce a video for your business. It could be because you’re launching a new video-based course or you need to promote a product or service for sale. It could even just be for your website content. Here at The $100 MBA, we’re lucky to have someone to create high-quality videos for us. But for some of you listeners out there, you may want to know how you can find a great video editor. If you want to hear it, press play!

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Today’s Sponsors:

Every Tuesday, Webinar Ninja hosts a live workshop so you can learn how to sell your products and services without feeling icky. Make more sales than ever, the right way and keep your dignity in tact. Register for Free at webinarninja.co/workshop.

BLiWItz8

When it comes to incorporations, that’s means BizFilings. BizFilings is where you go to incorporate your business with step by step guidance from on-demand experts. With more than a million incorporations under their belt, the people of BizFilings know all the ins and outs of setting a business up for success. Get started today with a free guide at bizfilings.com/start

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Mentions lynda.com ZipRecruiter Justin Edelman from Animus Studios @TomFrankly of collegeinfogeek.com