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The $100 MBA Show

MBA145 Why It’s Safer to Be Risky with Marketing

The $100 MBA Show

Omar Zenhom

Careers, Marketing, Business, Entrepreneurship

4.91.2K Ratings

🗓️ 22 January 2015

⏱️ 10 minutes

🧾️ Download transcript

Summary

Marketing has changed a lot over the years. It can get very crowded and difficult to be heard with all the noise. In today's episode you will learn how taking risks with your marketing can really pay off. Let's get down to business!

Transcript

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0:00.0

Heyo, welcome to the 100 R&BA show where the smartest business builders come to learn every day of the week with our 10 minute

0:14.1

business lessons for the real world. I'm your host, your coach, your teacher Omar

0:18.7

Zenholm. I'm also the co-founder of the $100 MBA, a complete business training and community online.

0:25.6

And today you will learn why it's safer to be risky with marketing.

0:30.1

Marketing your business can be a challenge, but it's really important for you to know how

0:34.2

marketing has changed over the course of history and why taking some risks and really pay off

0:39.7

and in today's lesson I'm going to show you how being risky with your marketing might be the best thing you could do for your business.

0:46.0

So let's get of your business.

0:59.0

Make a great impression with a creative professional design from 99 designs.

1:03.4

Start your new design project at 99 designs.com

1:07.0

slash MBA and get a $99 power pack of services for free.

1:12.2

That's 99 designs.com slash MBA. All right, let's get into it.

1:17.3

Have you noticed a change in the way products have been sold in the last 15 years?

1:21.8

Since the birth of print media and television,

1:24.0

the formula for success was to create a decent product

1:28.0

that fulfills a need or a want,

1:30.0

then buy ads and market it heavily

1:32.0

so you're in everybody's faces then make a profit.

1:35.0

That was basically the formula since the beginning of marketing.

1:38.0

This was highly effective.

1:40.0

Key word here is was, was highly effective.

1:42.0

A few things have changed in marketing.

...

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