Ep.296 ~ Should You Exit a 7-Figure Location Independent Business? ~ Dan Andrews Part II

Jun 28, 2018

31:16

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Dan Andrews Part II ~ Host of the Tropical MBA Podcast and Co-Founder of the Dynamite Circle

~ Current Series ~
100 Interviews with 100 Location-Independent
Entrepreneurs that have over $1,000,000 in Annual Revenue

Hello listeners we are so happy to have you here today, and I am so happy to give you a brief intro into a good friend and guest of the show Dan Andrews. Dan is the co-founder of one of the largest location independent communities called the Dynamite Circle. The Dynamite Circle or DC as we call it is a private group of location independent entrepreneurs. The organization also hosts two key events each year called DCBKK and DCAustin. Both amazing conferences I would recommend checking out. Dan is also the co-founder of a business that became the #1 supplier for valet podium stands in the US.

We brought Dan on the show today to discuss life post the sell of his business. He recently wrote a book titled ‘Before the Exit | Thought Experiments for Entrepreneurs’ where he takes the readers through a process of asking questions that are really important if you are going to exit or sell your business. Hindsight is 20/20 and he has a very interesting perspective on many reasons why he would not have sold his business knowing what he knows now.

“We thought, we have these five or six challenges with our business. It’s worth a lot. Why not just sell it? Then those challenges will go away, and then they’ll be replaced by money!” Dan Andrews

03:06: What Would You Tell Your Younger Self About Exiting Your Business?

11:34: What are Dan’s and Chris’ Numbers?

17:59: Dan On the Insatiable Desire for More

22:05: How to See the Important Things Before You Sell

24:25: Being Better at Life Post Exit

28:24: Dan’s Dream Podcast Guest

“Our businesses give is an idea-generating machine. A group of people on hand, whose job it is, to take your vision and turn them into cashflows.” Dan Andrews

Honorable Mentions:

Before the Exit | Thought Experiments for Entrepreneurs by Dan Andrews

https://www.amazon.com/gp/product/B07BN2KD1J/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=chrisreynolds-20&creative=9325&linkCode=as2&creativeASIN=B07BN2KD1J&linkId=ed8c5deac174610c96b0f325fb30ea1e

Ep.195 ~ Behind the Location Independent Scenes ~ Dan Andrews https://www.thebusinessmethod.com/dan-andrews

Amish Culture

https://en.wikipedia.org/wiki/Amish

What Technology Wants by Kevin Kelly

https://www.amazon.com/gp/product/0143120174/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=chrisreynolds-20&creative=9325&linkCode=as2&creativeASIN=0143120174&linkId=19d6d7de688fb20e665b7a6eca590562

Martin Heidegger - The Question Concerning Technology

http://www.psyp.org/question_concerning_technology.pdf

D.C. (Dynamite Circle)

http://www.tropicalmba.com/dc/