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The $100 MBA Show

MBA2483 Q&A Wednesday: What do I do when things aren’t working in my business?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 19 June 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Have you ever found yourself staring at your business metrics, wondering why growth has stopped and what you can do to turn things around? Experiencing the frustrating peaks and valleys of a feast or famine cycle? You're not alone, and today's episode is just for you.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, welcome to the $100 B.A. Show, Honest Business Strategies and Advice to help you along your business journey. I'm your host your coach your teacher Omar Zen Home

0:19.5

And today's episode is Q&A Wednesday where I answer a question from one of you, one of our

0:23.7

listeners.

0:24.7

If you got a question you want to ask, go ahead and email me over at omar at 100MBA.

0:30.7

Today's question is from A.J.

0:32.4

And A.J. asks, hey Omar, what do I do when things are simply

0:36.7

not working in my business? My online catering business has really plateaued. I used to get a lot of referral work and get a lot of

0:44.6

business without trying but things have slowed down and it seems like feast or

0:49.3

famine these days. What advice can you give me? Thanks.

0:53.4

Firstly, A.J, you are not alone. This is so common. Most businesses will experience this at some point,

1:00.6

where they don't see consistency in business they don't see things

1:03.8

developing like they used to they're not getting the same level of business as they

1:07.7

used to but don't worry I got your back but there's a caveat I will be giving

1:12.2

you some tough love this is not easy for me to say, but there are some things that many of us need to hear when we're in this type of position. I needed to hear this when I was in this position.

1:22.0

The good news is that if you are open to the

1:24.9

advice, you're going to be able to change things around. Let's get into it. Let's get down to business.

1:30.2

A lot of people think that business is happenstance, it's chance, it's luck, it's circumstances, it's just not working right now.

1:39.0

Don't get me wrong, there is a level of luck or element of luck in life in business.

1:45.0

There is an element that our circumstances will contribute to our success or our failure.

1:51.0

But it's not the only thing, it's not the deciding factor.

1:56.0

The level and amount of control you have in business is far greater than the amount of

2:01.0

not having control. Yes, it contributes, but the amount of not having control.

...

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