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Tropical MBA: Entrepreneurship & Founder Lifestyle

Latest episodes

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Aug 29, 2019 • 43min

TMBA508: The 4,000 Day Rule

Dan and Ian are well aware that the entrepreneurial journey isn't made up entirely of success stories. Many entrepreneurs listening to this podcast are struggling right now. They might be on the fence about becoming an entrepreneur or reconsidering their decision to become one in the first place. We've talked many times on this podcast about the "1,000 Day Rule"; this idea that it takes roughly 1,000 days of serious hard work to replace the money that you make from your job. Anders Ronnau recently posted in our private community The Dynamite Circle about his own twist on this idea, which he calls "The 4,000 Day Rule". He proposes that after 4,000 days, or roughly ten years, if you haven't had meaningful success building a business for yourself, then you probably need to get a job. We've invited Anders on to the show this week to talk about that rule and to share his own story about how running a business isolated him, and why he ultimately decided he needed to stop being an entrepreneur.
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Aug 22, 2019 • 56min

TMBA507: 50,000 Dollars a Month From One Blog Post?!

Today's episode is all about something that Dan and Ian still find magical about entrepreneurship. That is, if you find the right thing to write about, the internet will still allow you to make a great living off of it. This week's guest was able to do exactly that with essentially one blog post. Ryan Robinson is the host of a podcast called The Side Hustle Project and he runs a fantastic blog over at RyRob.com. He recently wrote a piece on his that blog about how to start a blog and make money from it, and that post went on to become the most successful piece of content he has created. On today's show, Ryan joins us to share some great insights about that post, as well as some strategies for creating content that makes money, and some actionable tips for getting started today.
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Aug 15, 2019 • 47min

TMBA506: The Power of In Person

Dan and Ian recently came across a question in their private forum, The Dynamite Circle. "How important has your network been to your success?" The power of having the right connections is absolutely fundamental to growing a business, especially a location independent one. On today's episode, we are sharing some of our own personal approaches to networking. These are useful whether you're going to a conference, picking up a phone, or talking to people in your industry. We're also going to discuss some specific networking archetypes we've seen, and how you might develop your own personal strategy for networking.
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Aug 8, 2019 • 51min

TMBA505: How to Choose Your Own Product

A few weeks ago on this podcast, Dan and Ian were talking about some of their biggest pet peeves. In that episode, Ian lamented that the quality of flip flops available for purchase had drastically declined. What happened next should come as no surprise. A few listeners of this show reached out to us to let us know that they had started their own product business manufacturing flip flops. Jeremy Stewart is the co-founder of Hari Mari, which he started with his wife Leila. Hari Mari manufactures and sells premium flip flops across the globe. On today's episode, Jeremy joins us to talk about how their company was founded, how his experience as a political consultant helped Hari Mari grow, and how they were able to go from ground zero to having their products sold in big box retail stores.
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Aug 1, 2019 • 44min

TMBA504: Mailbag: From the Hamster Wheel to the Flywheel

Dan and Ian love hearing from listeners of this show. So many times, people reach out to us with thoughtful questions, and one of our favorite things to do is to answer them on this podcast. On today's episode, we are reaching into the mailbag to answer a variety of questions that you submitted to us via email or voicemail. We'll be discussing a broad range of topics including how long it really takes to get your business off the ground, leveraging locations at the various stages of your entrepreneurial journey, the dilemmas of sustainability, and a whole lot more.
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Jul 25, 2019 • 31min

TMBA503: What's Your 'Founder Fit'?

Dan and Ian have seen it time and time again where entrepreneurs can sort of hit a brick wall with their business. But what if the problem doesn't lie with you, but with the type of business you're running? Sometimes people can possess all of the right skills to be successful, but they haven't put themselves in the right situation to succeed. Today's episode is all about "Founder Fit", or the idea that the business you are working on should be the right kind of project that suits your skillset. We'll be discussing four different founder archetypes that we've seen, what their secret weapons are, and which sorts of businesses we believe are best suited for each of these entrepreneurs. We'll also be sharing some of our favorite resources for each type of entrepreneur.
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Jul 18, 2019 • 45min

TMBA502: What We've Learned About Our Listeners

A few months ago, Dan and Ian asked the listeners of this show to respond to a survey about The Tropical MBA Podcast. We wanted to gain a richer understanding of the types of people who are listening to this podcast, so we can continue to create content that is relevant to their interests. We were surprised and delighted not only by the number of people that filled it out but by the types of responses that we received as well. We read every single response that we received from the survey and on today's podcast, we are going to be sharing our thoughts about those survey responses. We'll be discussing your insights, your criticisms, your positive feedback and the data that we learned about the listeners of this show. Stick around to the end to hear a little bit more about how we plan to implement what we learned from that survey in the future of this podcast.
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Jul 11, 2019 • 47min

TMBA501: Cease and Desist

Today's episode is unlike anything else Dan and Ian have ever recorded on this podcast. It all started with a cease and desist letter that we received via email at the beginning of the year. That letter was from an in-house counsel at a very large company and it alleged that The Tropical MBA Podcast was potentially infringing on their intellectual property. We decided to reach out to our friend Eric Misterovich from Revision Legal. Revision Legal is a law firm that specializes in working with businesses that make money online. Eric joins us on today's podcast to talk a little bit about intellectual property law, as well as the cease and desist letter that we received. Make sure to stay tuned until the end of this episode to hear more about the ongoing nature of this situation.
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Jul 4, 2019 • 40min

TMBA500: An Entrepreneur's Trip to 'Room 101'

Dan and Ian are excited because they get to spend today's podcast doing one of their favorite things: complaining. This isn't just their everyday grinding of axes, though. On this week's episode, we are taking our own stab at a fun an unique concept popularized by the BBC in a classic television series called "Room 101". The term "Room 101" comes from George Orwell's 1984. In Orwell's fictional world, it was a sort of torture chamber that thought criminals are banished to. In this episode, Dan and Ian will each present three things that they want to complain about, and at the end of the episode, they are going to vote on which terrible things deserve to be banished to Room 101.
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Jun 27, 2019 • 41min

TMBA499: 5 Approaches to Getting Rich

Hosting this podcast has allowed Dan and Ian to meet thousands of entrepreneurs over the last several years. Many of those entrepreneurs have gone on to become very wealthy people, and throughout our conversations with those people, we have found some common threads to the ways that wealthy people behave. One constant we've discovered is that you have to have a strategy for becoming wealthy and that there are several common strategies that people use to varying degrees of success. On today's show, we are going to be talking about five of the most common strategies to get rich that we have seen, which of those strategies resonate with us, and a whole lot more.

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