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The $100 MBA Show

MBA2105 Q&A Wednesday: How much of a raise should I give my employees?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 3 August 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

What are your employees worth? What will it take to keep them? It’s a question every founder has to ask themselves, especially once the ball gets rolling.

Transcript

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0:00.0

Hey, welcome to the $100 MBA Show, The Business Podcast

0:13.1

That always got your back every single day

0:15.7

with our daily 10 minute business lessons

0:17.6

for the real world.

0:19.2

I'm your host, your coach, your teacher, Omar's at home.

0:22.3

I'm also the co-founder of Webinar Ninja, an independent software company I start with my

0:26.3

co-founder back in 2014.

0:28.5

And today's episode is a guest teacher episode.

0:31.4

On our guest teacher episodes, we bring on an expert to teach their

0:34.4

area of expertise. Today we have Frida Leibowitz and she'll be teaching you how to identify

0:40.1

a niche in your market. One of the biggest mistakes a lot of entrepreneurs,

0:45.0

especially first-time business owners do,

0:48.0

is going too wide. They try to cater to everyone

0:51.0

and therefore they cater to no one.

0:53.4

You're not resonating with any particular person because you're trying to speak to everyone.

0:57.0

And this is why so many people advise to niche down.

0:59.7

But how do you identify a niche that's right for you in your market?

1:04.4

Whatever that market is, how do you carve out something that is unique,

1:08.4

that is effective, that is in demand, that will give you a competitive edge.

1:12.8

Well, that's why we brought on today's expert,

1:15.8

Frida Leibowitz.

1:17.2

She's going to share her story and how she did exactly that.

...

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