MBA1755 Q&A Wednesday: Has my business plateaued? What can I do?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 31 March 2021

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

In business, you grow or you die. That doesn't mean endlessly increasing profit or market share. And it doesn't mean never being happy or satisfied. It simply means making sure you're always evolving and achieving your personal best.

Transcript

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0:15.9	Heyo! Welcome to the 100 R&BA Show Lessons Every Single Day with their daily 10 minute business lessons for the real world.
0:18.2	I'm your host, your coach, your teacher Omar Zenholm.
0:21.4	I'm also the co-founder of Webinar Ninja, an independent software company I started
0:25.4	with my partner back in 2014.
0:27.8	And today's episode is a Q&A Wednesday episode.
0:30.3	On our Q&A Wednesday episode I answer a question from one of you, one of our listeners.
0:35.0	If you have a question you want to ask, just email me over at omar at 100MBA.net.
0:40.4	Today's question is from Carlos and Carlos asks,
0:43.3	Hey Omar love the podcast.
0:45.6	I've been running my business for about four years now.
0:49.1	I do group coaching, helping physical business owners be more profitable.
0:54.4	All my coaching is done online, but I found that my business has plateaued in the last 12 months.
1:00.8	Or at least I think it's plateaued. How do I know if my business is stagnant?
1:06.0	What can I do to get myself out of this rut?
1:10.0	Thanks so much for the help, Carlos.
1:12.0	Great question, Carlos.
1:17.9	Great question, Carlos, because sometimes this happens in business, and it happens for several reasons that we'll outline today, where your business is not growing, you're not getting
1:22.2	any more clients or any more customers,
1:25.3	maybe even your revenue is just sort of staying at the same place for a period of time.
1:31.1	What are your options?
1:32.1	What can you do to change this situation? Can you even change it? That's why we
1:36.5	get into in today's lesson, so let's get into it. Let's get down to business.
	...

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