MBA404 What is Bitcoin & Should My Business Accept It?

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 8 October 2015

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You may or may not have heard of Bitcoin before but Bitcoin is becoming a mainstream topic. As you might have noticed already, more and more businesses are now accepting it. What is it exactly? Can you buy things with it? Can you convert it to cash? We know you have a lot of questions about it so let's get started! Click play!

Transcript

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0:00.0	Heyo!
0:10.0	Welcome to the $100 NBA show The Business Podcast
0:14.4	It Takes 10 Minutes to Listen to But keeps you going all day long with our daily 10 minute business lessons for the real world.
0:21.7	I'm your host your, your teacher Omar Zenholm. I'm also the co-founder
0:26.2	of the $100 MBA, a complete business training and community online. If you're just
0:32.2	getting started and you want to learn how to create
0:34.4	a business plan, we make it super simple with our one-page business plan
0:39.2	template. You can download it for free over at 100 MBA.net slash guides.
0:44.6	We got a whole bunch of guides there for you to check out and to download completely for free.
0:49.2	In today's episode you will learn, what is Bitcoin? and should your business accept it you may
0:55.7	or may have not have heard of Bitcoin before but Bitcoin is becoming a mainstream
1:00.3	topic but more and more businesses are now accepting Bitcoin.
1:04.0	But what is it exactly?
1:05.2	And if you accept Bitcoin, is that actually money and can you buy things with it?
1:09.3	Can you convert it into cash into your bank account?
1:11.7	And are there advantages to accepting Bitcoin?
1:13.7	Are there dangers or risks?
1:15.5	We get into it in today's episode,
1:17.0	can't wait for this one.
1:18.3	Let's get down to business. Today's episode of the hundred dollar MBA show is sponsored by Constant Contact.
1:30.0	As a business owner myself, I know that email marketing is the most effective way to market online.
1:35.2	And the statistics don't lie.
	...

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