MBA08 How To Offer Value in Your Business
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 14 August 2014
⏱️ 9 minutes
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| 0:00.0 | Hey everybody welcome to the hundred dollar MBA show where you learn how to |
| 0:10.1 | crush it in business with our daily ten minute business lessons for the real world. |
| 0:14.8 | I'm your host, your coach, or teacher Omar Zinnholm, and I'm also the co-founder of the |
| 0:19.3 | 100 MBA, a complete business and training community online. |
| 0:23.0 | It's a little baby that Nicole, my partner and I built, |
| 0:26.0 | to help people build and understand business in the real world. |
| 0:30.0 | In today's session, you will learn how to build or how to create value for your business. |
| 0:37.0 | Value is such an important topic and we're going to be |
| 0:43.2 | other lessons about this topic but this is going to be an overview of what we mean by |
| 0:47.4 | value and what are some things you should keep in mind when you want to |
| 0:50.8 | offer exceptional value to your customers. |
| 0:54.0 | Let's get down to business. |
| 0:56.0 | First of all, this is fine what I mean by value. |
| 1:02.0 | You hear this word value. I had a valuable experience. I felt valued. |
| 1:06.6 | What do I mean by this in the business sense? When you're offering exceptional value or creating |
| 1:10.9 | value in your business, I'm really talking about making sure your customers are |
| 1:15.1 | delighted with the experience of doing business with you, that you exceed their |
| 1:19.8 | expectations, that you go above and beyond that you over over over deliver. |
| 1:24.0 | So what happens when a customer feels delighted? |
| 1:27.0 | How does this actually happen? |
| 1:28.0 | Well, obviously it has to happen because they're comparing their experience with a previous experience because they have an expectation. |
| 1:36.5 | They say I'm expecting X and then what you do is say X plus 5,000, right? |
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