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The $100 MBA Show

MBA459 Does Every Dollar Count in Business?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 2 December 2015

⏱️ 11 minutes

🧾️ Download transcript

Summary

Many of us entrepreneurs count every cent and look at our expenses in minute detail. We often take so much time to think and overthink about how much we should pay or spend on our business. Is it worth our time to actually look and compare to save dollars here and there? Does every dollar make a difference or is this a waste of our time? We're sharing with you our strategy on how to handle this, how we should be dealing with our money, down to the last dollar. Press play!

Transcript

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0:00.0

Heyo! Welcome to the $100!00 R&B8 show! The place you tune in to get real business lessons

0:15.1

you can actually use with our daily 10 minute business lessons

0:18.1

for the real world.

0:19.5

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

0:22.8

I'm also the co-founder of the $100 MBA, a complete business training, and community

0:27.7

online.

0:28.7

And in today's episode, you will learn, does every dollar count in business? Many of us as entrepreneurs

0:35.3

we're counting every cent. We're looking at refunds we're looking at how much we

0:40.0

should price our product. Should I go 95? Should I go 85 should go 85 what about 87 we look at our expenses we take

0:47.1

hours to choose a platform because we want to know if we want to save $10 or

0:51.3

20 dollars a month we think and think and overthink how much we should pay

0:56.0

our employees. We're wondering if we're paying too much for a payment processor. These are things

1:01.0

that occupy a lot of entrepreneurs as minds.

1:04.0

And in today's episode, I want to discuss, I want to share with you and answer the question,

1:08.6

does every dollar in business count?

1:11.7

Is it worth your time to actually look and compare and save a few

1:16.0

dollars here or there? Does it make a difference if it's a one-time savings or a

1:20.2

reoccurring savings? Or is the whole thing a waste of your time?

1:24.2

And you should be focusing on something else.

1:26.8

I know that this is a pain point for many of you listening.

1:29.2

I know it was for me for a very long time.

1:31.8

And in many ways, it still is in some degree. So I'm going to share

...

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