4.8 • 2.2K Ratings
🗓️ 4 April 2025
⏱️ 7 minutes
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Are your ad dollars disappearing without delivering the sales you hoped for? Wondering why some businesses nail advertising while others just burn through cash? If this sounds familiar, this lesson is exactly what you need. Omar dives into the common mistakes entrepreneurs make with ads and shares a smarter strategy for success. You’ll learn why […]
The post MBA2607 Why Most Entrepreneurs Waste Money on Ads (And What to Do Instead) appeared first on The $100 MBA.
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0:00.0 | Most rookie entrepreneurs think they could just throw money at ads and suddenly customers will show up. |
0:05.1 | The reality is that that's the fastest way to burn through cash and get nothing in return. |
0:10.0 | In fact, 80% of businesses that run paid ads lose money on them. |
0:15.1 | That's according to WordStream. |
0:16.7 | So if you're running ads or thinking about running ads, you need to gobble up today's episode. |
0:20.8 | I'm going to show you why most entrepreneurs waste money on ads, and more importantly, what to do instead to actually make your marketing work. |
0:28.9 | Let's get it. |
0:34.7 | Welcome back to the $100 MBA show. |
0:37.1 | I'm your host, Omar Zen Home, where I deliver practical business lessons three times a week, |
0:41.8 | Monday, Wednesday, and Friday to help you start, grow, and scale your business. |
0:48.0 | Most people lose money on ads because they don't understand how ads actually work. |
0:53.8 | Here's what most struggling entrepreneurs do. |
0:56.3 | They run ads with no clear strategy. |
0:58.6 | They boost random posts hoping for a sale. |
1:01.7 | They send people straight to the sales page. |
1:03.7 | Most people don't buy the first time they see something. |
1:06.5 | They don't track conversions properly. |
1:08.6 | They have no idea what's working and what's not. |
1:11.7 | The result, wasted money, no ROI, and a truckload of frustration. |
1:17.4 | When I first started running ads over 15 years ago, I made all these mistakes. |
1:22.3 | I was spending thousands on ads only to realize I was sending cold traffic directly to a $1,000 offer. |
1:28.4 | No trust, no relationship built, no sales. So here's what I did instead. |
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