MBA1347 Is it Better To Be The Best at One Thing or Good at Many? + Free Ride Friday!

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 6 September 2019

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Who wins in business: the jack of all trades, or the master of one? It’s one of the most important questions an entrepreneur can ask about their business. Should your product be defined by versatility, mass appeal, and all-around utility? Or is it best to make your product uniquely, unbeatably awesome at solving one particular problem?

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
0:03.7	to hear who won this week's free ride every Friday we give away a lifetime
0:07.5	membership to our course easy course how to build your own online course
0:10.6	in 30 days it retails for are $500 over at easy course
0:13.7	dot co but somebody's gonna win it for free right here on the show and you can win
0:17.8	it for free as well every Friday you have a chance to win all you got to do is leave
0:21.5	us an iTunes rating and review and you
0:24.1	enter our weekly random draw it's that simple it's our way to say thanks for
0:27.7	leaving us love on iTunes all right let's jump into today's episode. Heyo! Welcome to the Hunter-Arme show!
0:34.0	No fluff, just the good stuff, every day with our daily 10 minute
0:46.5	business lessons for the real world. I'm your host, your coach, your teacher, Omar Z at home.
0:51.6	I'm also the co-founder of the $100 MBA, a complete
0:55.1	business training and community online. And in today's episode you'll learn is
0:59.5	it better to be the best at one thing or good at many.
1:03.4	This is a question I get asked when it comes to product creation.
1:06.8	Whatever offer you're going to give your customers, whether it's a product like a software or a
1:12.2	physical item or a course or consulting or coaching whatever
1:16.6	you offer.
1:17.6	Is it better to be well-rounded and be pretty good at everything for your customers or is it better for you to narrow in and be all right for your customers or is it better for you to narrow in and be
1:25.0	the best in one particular area
1:28.0	and kind of be alright with everything else.
1:30.0	This is what we're going to be focusing on today.
	...

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