Tropical MBA: Entrepreneurship & Founder Lifestyle

#728 Mailbag: Hang-ups, Power-ups, and Cheat Codes for Entrepreneurs

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Nov 16, 2023

Dan & Ian answer listener questions, reveal cheat codes for bootstrappers, discuss scaling limitations, F U money vs Freedom Line money, and make a big announcement about Ian’s car collection. They also explore the power of business communities, power-ups for entrepreneurs, and Dan’s definition of an entrepreneur.

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Introduction

00:00 • 5min

Building a Larger Business

04:37 • 22min

Not Needing New Ideas in Business

26:28 • 21min

Unlocking Power-ups for Entrepreneurial Success

47:30 • 2min

The Power of Discipline and Consistency in Entrepreneurship

49:40 • 2min

Working Hard, Definition of an Entrepreneur, and Flipping Cars

51:51 • 5min

The Importance of Financial Freedom and Prioritizing Business Investment

56:27 • 2min

Dan & Ian open up the metaphorical mailbag to answer some listener questions.

They reveal cheat codes for bootstrappers and how to activate them, the top reasons people can’t scale to 7+ figures, and the difference between F U money and Freedom Line money.

All that and more, including a big announcement regarding Ian’s car collection.

Dan & Ian’s Stuff:
The Newsletter
“The DC”
DC Black
Global events
Hire remote talent
Find a remote job
Listen on YouTube
Follow on Instagram
@TropicalMBA
@AnythingIan

Show notes:

(00:01:08) Intro
(00:02:42) The major ways people fail to scale their business beyond 6 figures
(00:18:44) The Cheat code for entrepreneurs
(00:30:22) What do you do with the F U money
(00:39:09) How to get the most out of a business community
(00:43:02) The community space has changed… sort of
(00:46:48) What’s next for our community
(00:48:27) Power ups for entrepreneurs
(00:52:31) Dan’s definition of an entrepreneur
(00:55:51) It always comes back to the entrepreneur-mobile

Links:

[Before the Exit](- Before the Exit)

Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Dana Lindahl, Anthony Fasano, Adam Palmeter

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