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MBA1882 Why I Stopped Doing 1:1 Consulting + Free Ride Friday

We love teachers.

As the founders of a webinar platform (and former educators), we live and breathe coaching, training, and consulting as a business model. Our experience in that realm is what brought us into the webinar game, and continues to guide our development. 

But at some point, our good ol’ Omar had to hang up his consulting hat.

Today, Omar shares why he made the difficult decision to give this aspect of the business (and revenue stream) up. It’s a fantastic service and business model, but it’s not right for everyone in every situation. 

One of the most important things an entrepreneur must learn to do is evolve. Hear why Omar had to pull himself out of the Comfort Zone to make space for something new. Click Play!

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Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.

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EasyCourse

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MBA1881 The #1 Reason Why Your Business Is Not Growing

You’ve hit a plateau. Whether your business is new, established, or even getting close to the endgame, anyone can get stuck.

Surprisingly, it’s often because of this one thing.

When you’ve looked into everything — sales, marketing, advertising — and you just can’t figure out what’s got your wheels spinning, there’s a very good chance it’s this. It’s not something most people expect, and it might seem…weird. But you owe it to your business to consider it.

We should know; as we’ll discuss, it’s happened to us. Find out what this mysterious factor is, and how it inhibits growth. It might just be the way forward when it seems like you can’t get anywhere. Click Play!

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Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.

American Express

Future proofing your business has never been more important. That’s why the AmEx corporate program is here to give you the customized support and solutions to thrive. Empower your workforce with a suite of solutions designed to tackle your changing needs today, and help fortify your business tomorrow. With powerful backing and trusted customer service, the AmEx corporate program is here to help drive your business forward. Learn more at americanexpress.com/corporate.

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Dan Martell

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MBA1880 Q&A Wednesday: How Do You Motivate Yourself To Keep Going?

Entrepreneurship isn’t easy. 

Anyone who says so isn’t telling the whole story. Sometimes it’s difficult. Sometimes it’s boring. Sometimes you put everything you have into a campaign or product, only to watch it flop. This is a reality of business. 

The question isn’t how to avoid that — it’s how to handle it.

It’s Q&A Wednesday, and one listener wants to know how we keep our chins up when the going gets tough. No one — no one — is motivated all the time. In fact, it’s perfectly normal to lose motivation over time, or for motivation to ebb and flow. So how do we keep our productivity consistent?

Hear a few simple tips (and a few hard choices) that can keep you motivated through all the ups and downs of entrepreneurship. Click Play

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Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.

American Express Business Cards

American Express business cards let you track your business expenses, from flights to lunch and more. Get serious spending power, rewards, and support from specialists who understand your needs. American Express is built for business — learn more at americanexpress.com/businesscards

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The 5-Minute Journal

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MBA1879 4 Ways to Improve Your Cost To Acquire a Customer

Let’s lower that CAC!

Your Customer Acquisition Cost is one of the biggest factors affecting your bottom line. The total investment of marketing, advertising, and sales dollars to produce a single customer is a key metric, one that has to be studied carefully. As your business grows, so can your CAC — leading to an overall plateau.

Fortunately, there are things you can do about that.

Today, we share 4 specific ways you can put a major dent in that number, starting now. No matter what business you’re in, these 4 tactics are tried and tested, as we’ll demonstrate with examples from multiple businesses.  

Get a handle on how much you’re investing in customer acquisition, so the returns can support stronger, faster growth. Click Play!

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Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.

WebinarNinja

Looking for an easy webinar platform? WebinarNinja is the user-friendliest option ever. With built-in marketing tools like landing pages, email, and more, WebinarNinja has everything you need. Deliver high-quality webinars without the stress! See how it works at webinarninja.com/webinarninja-webinar-software-demo/

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MBA1878 Must Read: The Biggest Bluff by Maria Konnikova

Is poker the best analogy for entrepreneurship? The Biggest Bluff makes a very strong case for “yes.” 

This fascinating memoir about a total novice’s quest to get really good at something is stuffed with insights that any business owner can learn from. By going from amateur to champion, Maria Konnikova demonstrated that in poker and business, it’s not all about the hand you’re dealt. 

It’s about sticking to the plan.

Tune in, and hear how one person’s poker journey offers a perfect formula for balancing skill, hard work, and dumb luck. Learn how to navigate bad odds, get comfortable with unpredictable outcomes, and take risks when it really matters. Click Play!

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Google Domains

A lot of entrepreneurs feel overwhelmed when it comes to starting a business. When you’re ready to introduce your idea to the world, it starts with a name. Google Domains makes it simple to establish your business identity with a domain name, website, and tons of other tools to help make your business a reality. Establish your business online at domains.google/100mba and use code 100mba for 20% off a new domain purchase or transfer. Terms & Conditions apply. Visit domains.google/100mba for more details.

Huntington Learning

Want to be your own boss in the fast-growing, $20 billion tutoring industry? Want to help kids? Become a Huntington Learning Center franchisee. You’ll join the nation’s number one K-12 tutoring and test prep provider with a proven system that works! Huntington franchise owners earn 46% more in revenue than the closest competitor — no education experience needed. To learn how you can join Huntington and have a lucrative and rewarding future, call Huntington today at 1-800-653-8400 or visit huntingtonfranchise.com

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The Biggest Bluff by Maria Konnikova

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MBA1877 Is Your Business Idea Good Enough? + Free Ride Friday

In business, it’s not the idea that leads to success. It’s the execution.

That said, not all ideas are equally viable — which is why it’s important to change how we think about “good” or “bad” product and service ideas. A product that seems ridiculous might strike a chord with consumers (remember pet rocks?). Likewise, the graveyard of failed businesses is full of seemingly great ideas that people just didn’t buy into. 

So how can you tell what’ll actually work?

Today, we discuss how to determine whether your idea has an honest chance of success — based not only on the merits of the idea itself, but on the multitude of factors that go into the execution. 

Your ability to win over an audience depends on so much more than whether your idea is “good” or not. Fortunately, a little groundwork can paint a pretty reliable picture of your chances. Click Play!

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Google Domains

A lot of entrepreneurs feel overwhelmed when it comes to starting a business. When you’re ready to introduce your idea to the world, it starts with a name. Google Domains makes it simple to establish your business identity with a domain name, website, and tons of other tools to help make your business a reality. Establish your business online at domains.google/100mba and use code 100mba for 20% off a new domain purchase or transfer. Terms & Conditions apply. Visit domains.google/100mba for more details.

Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.

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EasyCourse

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MBA1876 How To Address Poor Performance From a Team Member

As a business owner, you set the standards.

But what do you do when an employee — even one you like and respect — isn’t clearing the bar? It’s one of the most uncomfortable aspects of running a business. But it’s also pretty much inevitable. Team members will fail you sometimes.

The key is to fix it through collaboration, not just correction.

We call our staff a “team” for a reason. Part of supporting your teammates is helping them do their best work. Because the truth is, most screwups aren’t the result of malice or even laziness. They’re usually honest mistakes, or a misunderstanding of their mission. You can fix that, together.

Learn how to get your team up to snuff in ways that are empowering, not deflating. Click Play!

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Today's Sponsors

Samsung

The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.