MBA2311 How to Know If You’re Not Good Enough + Free Ride Friday

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 19 May 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Will your business make it, realistically? Does it offer what people really want? Do you have the skills, assets, and resources to succeed as an entrepreneur? How can you even tell?

In other words, are you good enough?

Today, we nail down what "good enough" actually means in the world of entrepreneurship — and how you can gain a realistic sense of your business's chances of success. We'll share and debunk myths and misconceptions, giving you a clearer perspective on what truly separates business ideas from business realities.

If you’re wondering — or even worried — about your prospects, this is the episode for you.

We’ll explore the key factors that can make or break your business, how to assess your performance (and potential) in those areas, and actionable ways to improve where it’s needed.

Big hint: it’s mostly about understanding the real value of what you’re offering people, and how to communicate it effectively. To that end, we'll share practical ways to gather critical information from consumers.

Ease your doubts, and go into entrepreneurship with a solid idea of what it takes to succeed. Click Play!

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA Show, the business Podcast You Need to Build the Business You Want.
0:15.0	With our 10 minute business lessons, I'm your host, your coach, your teacher, Omar Z-home.
0:19.5	I'm also the co-founder of Webinar Ninja, an independent software company I started with my
0:23.0	co-founder back in 2014. And today is Free Ride Friday we were to give away a
0:26.9	membership to one of our programs. We're giving away the $100 MBA, our
0:31.5	six-part course on how to become a better entrepreneur 100% guaranteed.
0:35.6	If you want to win a free ride, just leave us an Apple podcast rating and review, and you
0:39.3	enter our weekly random draw we call Free Ride Friday.
0:42.1	Listen out on Friday to see if you want it's that easy
0:44.5	we announced this week's winter a little bit later in the episode. In today's episode you will learn
0:49.7	how to know if you're not good enough. Many entrepreneurs in their first few years are not really sure if their product, their service, their offering is good enough to compete in the marketplace.
1:02.0	Is good enough to have a successful business, is good enough
1:05.2	to reach the goals you have set out for you and your business.
1:08.6	The good news is that the beauty of business is that the marketplace never lies.
1:13.8	I'm not showing how to build in systems in your business to know if you are good enough
1:18.0	and you're producing a product or service a business that people actually want and need. You'll finally find out if they're just
1:24.4	hating or it's actually you who needs to make some changes. So let's get into it.
1:29.2	Let's get down to business. This episode of the 100 Albac show is brought you by This Is Small Business, an original
1:36.2	podcast from Amazon.
1:38.0	It's all about what it takes to be a successful small business owner today.
1:41.2	I've enjoyed listening to this podcast and an episode in
1:43.6	particular I want to share with you is about how to foster a workplace of
	...

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