MBA1277 Does Your Business Have a Diversity Problem? + Free Ride Friday!

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 31 May 2019

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s time to put aside politics, and focus on business. Diversity matters. Monoculture is a weakness. Diversity is just as important for your business goals as it is for anyone’s social goals. Today, we’ll explain why a team that looks, acts, and thinks the same has trouble innovating. We’ll also bust one of the ugliest, most backward myths in business: that prioritizing diversity means not hiring “the best” candidate for the job.

Transcript

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0:00.0	Hey today is free ride Friday so make sure you hang on to the end of the episode
0:04.0	to hear who won this week's free ride.
0:06.3	Every Friday we give away a lifetime membership to our course, easy course on how to deliver
0:10.7	your own online course in 30 days. It's a $500 value over at easycourse.co,
0:16.6	but somebody's going to wait it for free this Friday and every Friday. All you got to do is leave
0:20.5	us an iTunes rating and review and you enter our weekly random draw.
0:25.0	Listen in on Friday to see if you won, it's that simple, it's our way to say thanks for showing
0:29.8	us love on iTunes. Let's jump into today's episode. Heyo! Welcome to the $100 R&B show Real Talk for Real Businesses in the Real World.
0:49.2	Every day with our daily 10 minute business lessons for the real world. I'm your host, your coach, your teacher
0:55.1	Omar is in home. I'm also the co-founder of the $100 MBA, a complete business training, and
1:00.7	community online. And in today's lesson you will learn does your
1:04.5	business have a diversity problem? This may be a sensitive topic for some people
1:10.0	but I really believe it's an important one. This is not political, this is not me imposing any kind of beliefs.
1:17.0	This is recognizing the fact that having a diverse team, having teammates around you to help you build a business that are from different cultures
1:24.8	different walks of life men women helps you create a better product and run a better
1:30.0	business I've experienced this firsthand the more diversity we have on our team, a better product we deliver because we're getting inputs from different perspectives. And guess what? The world is diverse, your customer base is diverse.
1:43.2	So if you're able to serve that diverse customer base with a diverse team,
1:48.1	you have a healthy advantage.
1:50.0	So in today's episode, we're going to have you take a look at your own team.
1:53.4	We're going to delve into some questions when it comes to hiring.
1:56.6	How to find the best talent while having a diverse team at the same time.
1:59.7	You don't have to have one of the other. A lot of people are like, well, I just want to hire their best talent. That's great and you should. But you can have a talented diverse team. We get into
	...

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