Categories
About Omar Show

MBA2300 Why It’s So Hard to Go All-In on Your Business

It’s tough to give your business your all. We’re always juggling multiple projects, sometimes a day job, hobbies, and personal commitments. But if you’re serious about your business, it’s time to focus.

So why do we struggle to go all-in? 

Most of us think it’s due to fear of risk, of putting all the eggs of our time and energy into the basket of one mission. But that’s not really it. 

The truth is, we’re not afraid, we’re just a little delusional. We think we can succeed at everything, all at once. But the truth is, we can’t. It takes laser-sharp focus to make real progress in your own business.

When we don’t commit fully, we limit our potential for success. Fear and lack of confidence aren’t the real culprits here. It’s the misconception that we can do it all.

Today, we explain why going all-in is essential, and share strategies to help you get there. Give your business the singular focus it deserves. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Time Doctor

Ready to get the most out of your remote team? Join the incredible businesses (including ours) that are using Time Doctor to figure out how much time tasks and projects take, and using those insights to optimize workflows and get more done — without sacrificing quality. Learn more and get started at timedoctor.com.

Categories
About Omar Show

MBA2299 Must Read: Undisputed Truth by Mike Tyson

If nothing else, an entrepreneur needs to be a fighter. And who better to learn fighting from than Iron Mike himself, whose rise and fall (and rise again) is the perfect lesson in resilience and adaptability. 

No matter what business you’re in, this book is a knockout.

Entrepreneurship is much like boxing; you have to fight through challenges, adapt to changing situations, be disciplined, and learn from potentially costly mistakes.

Mike Tyson started with nothing, but invested in his abilities, trusted the right coaches, and took a few strategic risks. And it paid off huge! However, his downfall came when he lost humility, and — worse — stopped evolving. This is exactly how business works!

Fortunately, Tyson ultimately bounced back through patience, work, and a willingness to start learning again. If Tyson can go from poverty to success, fail, and still find a way back, then your business plans aren’t so far-fetched. 

Hear our review and takeaways from this super-inspiring autobiography. Then get back in the ring yourself. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Dove Men+Care

New Dove Men+Care 72-hour antiperspirant helps prevent sweat and odor, so you can be more present, in the moment, and confident! Hug your best friend. Enjoy a big stretch in the office. Put your hands up at that concert — without fear. Hygiene is just the first step in self care, laying the foundation for all the acts of care you share throughout the day. Dove Men+Care 72 hour antiperspirant: Forgettable underarms, unforgettable you. Pick it up wherever you get your personal care products!

Show Links

Undisputed Truth by Mike Tyson

Categories
About Omar Show

MBA2298 How to Know What to Spend More On + Free Ride Friday

You’re in profit. Congrats! To keep it that way, you have to reinvest. But where? How much? Where you put your money will determine if your business grows or stagnates.

Let’s approach this strategically.

Today, we take a detailed look at how to evaluate your business’s strengths, weaknesses, and opportunities for improvement. By doing a little homework, you can get a clear picture of where reinvestment is likely to have the biggest impact. 

Hint: it’s all about tracking data.

Whether you use a sophisticated metrics tool (we recommend one in particular), or a simpler, high-level approach to gauging how effective your various assets and campaigns are, you need to measure. In this episode, we’ll show you how. 

Compound your success. Make moves based on actionable insights. Multiply your profit. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Show Links

The $100 MBA Live

Profitwell

Categories
About Omar Show

MBA2297 The Cost of Stress in Your Business

Stress doesn’t just hurt you (although that’s reason enough to address it). It also hurts your business. Understanding this is the best way to stop thinking of stress management as an afterthought or a luxury.

You can’t avoid stress, but you have to mitigate it. 

Once you see what stress costs, you’ll do something about it. If you don’t take action, the costs aren’t just emotional — they’re tangible. Today, we’ll explain several specific things stress takes away from your business, and how to treat stress like any other business challenge.

And yes, that includes an action plan.

Learn the real-world consequences of unmanaged stress, and how to treat the issue like any other threat to your profitability. If you’re not taking care of you, you’re not taking care of business. 

Learn how to approach stress like an entrepreneur:  strategically and effectively. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Categories
About Omar Show

MBA2296 Q&A Wednesday: How often should I meet with my team?

Remote work isn’t going anywhere, especially for lean startups who want a big talent pool and low overhead. But for new entrepreneurs, it can be hard to know if you’re in touch with the team enough.

Also, let’s admit it: most people hate meetings. Including the boss.

It’s Q&A Wednesday, and we’ve got a listener with a small remote team who isn’t sure how often to bring the crew together (virtually, of course). As the CEO of a company with employees all over the world, Omar can relate. Talking in real time matters.

Spoiler alert: there’s probably no such thing as meeting too often.

That doesn’t mean you should waste your team’s time. It means that when in doubt, you should always communicate more, not less. And there’s a way to do it that won’t test your team’s patience, or rob them of autonomy and trust. 

Hear our approach to remote meeting cadence, and learn how to keep your team on the same page. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Categories
About Omar Show

MBA2295 How to Discipline Your Disappointment

There’s one skill that differentiates people who can make it in business (or anything really) in the long term: a comfortable relationship with disappointment. Including the kind that comes from your own failure.

Don’t worry, this episode won’t bum you out. It’ll empower you!

Long understood in the sports world, the ability to shake off a bad outcome is the key to survival in business. If you don’t allow your motivation, confidence, and belief to be derailed by losses, you will get to the wins — even if it takes a few more losses.

Call it “grit.” Call it perseverance. But whatever you do, develop this skill now.

Learn how important it is to be ok with getting knocked down, and hear a few strategies that’ll help you do just that. Embrace disappointment as a fact, so you can let it go as an anchor. The sooner you cultivate this very healthy skill, the less disappointment you’ll have to discipline. 

Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Time Doctor

Ready to get the most out of your remote team? Join the incredible businesses (including ours) that are using Time Doctor to figure out how much time tasks and projects take, and using those insights to optimize workflows and get more done — without sacrificing quality. Learn more and get started at timedoctor.com.

Categories
About Omar Show

MBA2294 Guest Teacher – Jessica Totillo Coster – How to Get Repeat Purchases for Your eCommerce Store

We’ll never stop saying it: the easiest people to sell to are the people you already sold to. But too many of us focus almost exclusively on new customer acquisition, instead of going back to a perfectly good well.

This is especially important when it comes to eCommerce.

Today, special guest Jessica Totillo Coster shares a detailed, step-by-step plan for making sure that those who buy, buy again. And keep buying. Once you’ve established a good customer base, you can’t just assume they’ll want more — you have to make sure of it.

Bonus: you won’t believe how much easier this makes your marketing.

By utilizing Jessica’s STAR framework, you can virtually guarantee that happy customers will keep coming back for more. For eCommerce, maybe more than any other kind of business, keeping the inventory moving is critical. Repeat business is the best way to ensure that.

 Learn how to turn customers into lifers. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify Podcast Feed How To Subscribe

Give us a Rating & Review

Show Links

eCommerce Badassery Free Resources

Basecamp