MBA635 Can You Pause Your Business?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 26 May 2016

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is it possible to take a break from your business? Life happens, and sometimes it makes us temporarily unable to run our businesses. How can we press pause? What effect will it have on our brand and customer relations? In this episode, we discuss when you can, when you can't, and how some businesses do just fine with a little breather now and again. Click play!

Transcript

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0:00.0	Heyo! Welcome to the $100 R Show Daily Business Lessons Every Single Day
0:15.1	Without The Filler. I'm your host, your coach, your teacher Omar Zenholm.
0:19.4	I'm also the co-founder of the $100 MBA, a complete business training and community online over at
0:26.1	100 MBA.net.
0:28.8	If you're just getting started, make sure you check out our free full video course on idea validation.
0:34.4	Make sure you nail your business idea, product, tagline, website, whatever it is.
0:40.0	You can check that out again at 100 MBA.net.
0:43.7	In today's lesson you will learn can you pause your business?
0:48.5	Can you just stop doing business for a certain period of time?
0:52.4	Basically close your doors and then come back to it later.
0:56.3	Is this possible?
0:57.6	Is this bad for business?
0:59.2	Are there any examples of anybody doing this?
1:02.0	And would this hurt your reputation or your brand?
1:04.4	Whatever your reasons for pausing your business, whether you have some other things
1:08.0	going on in your life that you need to just pause the business for a bit,
1:10.8	or you want to completely shut off for a period of time and not do anything
1:15.0	in your business and don't want to outsource anything to anybody else.
1:18.5	We're going to go through the details if this is possible, how to do it, and what are the advantages and some disadvantages. So let's get
1:25.0	into it guys let's get down to business.
1:27.0	Today's episode of the $100 MBA show is sponsored by Sumome.
1:35.0	We've been using Summe for the past two years and we absolutely love it because it's the best
	...

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