Tropical MBA: Entrepreneurship & Founder Lifestyle

Dan Andrews; Ian Schoen
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May 15, 2014 • 34min

Episode 244: TMBA 244: “I Got My First Monies, What Should I Do Now?”

http://www.tropicalmba.com/monies/ This week, we're talking about money. We've had quite a few listeners asking us about what to do when your business starts generating enough money for you to live comfortably. Bossman and I are not financial experts by any means, but we have experienced a lot as entrepreneurs, and we have our own opinions on what to do after you've started making money. Hope you enjoy and happy Thursday!
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May 8, 2014 • 30min

Episode 243: TMBA 243: The “Knowledge Gap” Fallacy

http://www.tropicalmba.com/knowledge/ Last week, we put out a challenge for listeners to email us there "1000 True Fans" business plan-- what they are going to be doing for their clients, how they are doing it differently than other providers, what they are delivering, and the prices that they are planning to charge. We got a ton of responses! Some were great, and some were problematic in our view. Among those, we tried to determine the most common mistakes being made. Bossman also predicts the collapse of our business somewhere in there! Hope you enjoy and happy Thursday!
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May 1, 2014 • 29min

Episode 242: TMBA 242: How 1,000 True Fans Can Work in Practice

http://www.tropicalmba.com/examples/ We got a lot of great feedback from last week's episode, but a lot of people were confused about how the 1,000 True Fans model works in the real world. On this week's episode, we are answering some listener questions about how to build your business to create "passive income" and what the equivalent of the 1,000 True Fans model is in the context of an information product.
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Apr 24, 2014 • 36min

Episode 241: TMBA 241: “10 True Clients” Business Models

http://www.tropicalmba.com/businessmodels/ This week we are going to replay one of our favorite episodes of all time, with a little bit extra thrown in for good measure. This episode has had a great impact on a lot of our listeners. Of all of the episodes we have recorded, this one has probably helped people improve their businesses the most.
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Apr 17, 2014 • 30min

Episode 240: TMBA 240: Knowing How Versus Knowing What

http://www.tropicalmba.com/popular/ This week bossman and I discuss being unpopular in the face of pressure from friends, family, team members, and employees. Bossman references his new "entrepreneurmobile" gratuitously and we ponder the distinctions being 'know-how' and 'know-what' knowledge.
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Apr 10, 2014 • 40min

Episode 239: TMBA 239: 10 Ways to Cut a Crappy Deal

http://www.tropicalmba.com/deals/ We've seen a lot of really smart people making dumb deals. It's okay, every entrepreneur has been there. We're not afraid to admit that we've been guilty of some of these mistakes ourselves. On this week's episode we'll be talking about ten ways that you can avoid making a really terrible deal.
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Apr 3, 2014 • 36min

Episode 238: TMBA 238: 9 Months Into A SaaS Project – 5 Things We’d Do Differently

http://www.tropicalmba.com/saas/ People have been asking us to open up a little bit more about some of our specific business ventures so this week we’re going to be talking about our new software-as-a-service product, ValetUp.com. We’re 9 months into the company, and we’ve already faced some significant challenges. On this week’s episode we’ll be discussing the 5 things that we’d do differently if we were starting up a SaaS business today.
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Mar 27, 2014 • 39min

Episode 237: TMBA 237: Thoughts On the Costs and Logistics of Location Independent Living

http://www.tropicalmba.com/locationindependent/ http://www.tropicalmba.com/locationindependent/ This week one of our listeners challenged us to explain the detailed costs of the location independent lifestyle. We’ll talk about how to set up your business so you can become location independent and some general principles we’ve learned over the years about the ‘live and work’ anywhere mindset. Listen to this week’s show...
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Mar 20, 2014 • 27min

Episode 236: TMBA 236: Thoughts on Getting Your First Product Manufactured in China

http://www.tropicalmba.com/chinasourcing/ This week, one of our listeners challenged us to go more in-depth about Chinese manufacturing and how to get your first product manufactured. We're gonna dive right in and talk about where and how you can learn about outsourcing your product to China, and everything that it entails.
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Mar 13, 2014 • 42min

Episode 235: TMBA 235: 2 China Factory Sourcing Strategies (and Business Updates)

http://www.tropicalmba.com/updates/ http://www.tropicalmba.com/updates/ This week, Bossman is back on the scene, and we are going over a host of specific updates about our businesses. In particular, we really get into what kinds of challenges we’ve faced manufacturing our own product, how we’ve been handling our relationships with our Chinese suppliers, some ways that you can save money...

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