Tropical MBA: Entrepreneurship & Founder Lifestyle

http://www.tropicalmba.com/studentloandebt/ Last week I was on vacation in Southeast Asia with my family, and we are all huge Penn State fans. I spent some of my most formative years around State College in Pennsylvania. I was thrilled when one of who listeners named Brian, who teaches at Penn State, reached out to us and asked us to answer some questions for his students at the university. In thi...

http://www.tropicalmba.com/dropshippinglife/ http://www.tropicalmba.com/dropshippinglife/ Podcast 29:33 | Download | Stitcher | iTunes | Comment This week Dan is on vacation in Asia with his family, so I’ve invited Andrew Youderian of eCommerceFuel onto the show to talk about what it means to be a bootstrapper and the differences between a bootstrap business and funded business. We...

http://www.tropicalmba.com/workwithus/ Today we are gonna do a Tropical MBA first, as we've decided to record a podcast about a new job listing. If you're interested in coming to work for our team, we encourage you to listen to this episode. We're also taking this opportunity to talk about team building and the back story of the Tropical MBA. The first blog post that we ever published on this webs...

http://www.tropicalmba.com/bizquestions/ We've received a ton of great feedback from last week's Q&A session on relationships and lifestyle. This week we've decided to reach out to our listeners for questions pertaining to business. Ian and I are gonna be talking about everything from productized services to offshore business, management philosophies and our own personal outlooks on the future...

http://www.tropicalmba.com/behindthescenes/ This episode is a pretty unique one. In this week's newsletter we reached out to our listeners and encouraged them to ask us just about anything that was on their minds. It turns out an overwhelming number of people wanted to know more about our lifestyles and what goes into the creation of the show. Ian and I are going to take you Behind the Scenes on t...

http://www.tropicalmba.com/gimlet/ Ian, Taylor Pearson and myself can't stop listening to Alex Blumberg's new podcast called Startup. If you haven't heard it yet, stop reading this and go listen to it. If you listen to a lot of podcasts or radio at all, you've probably heard Alex's work on shows like This American Life and Planet Money. We decided we wanted to create an episode that would serve as...

http://www.tropicalmba.com/meaning/ In a nice bit of serendipity, I was in Singapore last week and I ran into my friend John McIntyre. John is The Autoresponder Guy, but today he didn't want to talk about email marketing or autoresponders. We got to talking about what you do when you've gotten through those first few years of running a business and you've reached a certain level of comfort. How do...

http://www.tropicalmba.com/spain/ Not all of us came out of the womb wanting to start a business. Some of us were attracted to the personal agency and the freedom of being an entrepreneur. This week's guests all have a few things in common. They all had this similar dream of the freedom that comes from quitting their jobs and starting their own businesses, and all three of them have chosen Spain a...

http://www.tropicalmba.com/wealthy/ This weekend Ian and I shared the room with 30 high-net worth individuals. We held our first ever wealth event for some of the most successful listeners of this podcast. It's not very often that you get to hang out with so many interesting and successful people in one weekend, so we've decided share some of the lessons that we learned from that event on this wee...

http://www.tropicalmba.com/shopifyninjas/ A few weeks ago we did a show called "An Episode For Those Who Need a Business Idea". We got so much great feedback from that episode, and looking back at it, we realized it has become part of a series that we have developed about productized services. This episode is the natural progression of that series. The first person that I thought of when I wanted...

http://www.tropicalmba.com/books/ I love books. I love to read and I know that many of you do too. This week we're going to have a simple, fun episode where we talk about our favorite books. I will be sharing five books that I think people might enjoy reading for inspiration or pleasure and our good friend Taylor Pearson will be sharing five timeless business books that he believes are worth readi...

http://www.tropicalmba.com/valetup/ In April 2013, Ian and I cut a deal with Jesse Lawler to found ValetUp.com. Nearly two years later we find ourselves on the other side of the looking glass wondering what went wrong. In today's episode, we're going to talk about what we learned from that experience, how we failed, and what we are going to do about it in the future. We're also going to hear from...

http://www.tropicalmba.com/nofail/ Today's episode is all about facilitating high level masterminds, and nobody does it better than Taylor Pearson. It can be hard to figure out what it takes to succeed. Masterminds put you in a position to surround yourself with people who have common goals and will not allow you to fail. This is old school block-and-tackle business strategy. We're talking about w...

http://www.tropicalmba.com/businessideas/ Back when Ian and I were working a 9-to-5, we were dreaming up all kinds of ideas to start a business. Over the years, we've discovered what we like to call the Business Idea Paradox; When you need these ideas the most, they are the hardest to come by. Ian and I have decided to donate some of our business ideas that we don't have the time or resources to p...

http://www.tropicalmba.com/family/ I'm in the beautiful South Philippines today and in this very location last year, I met today's guests: Paul and Becky Kortman. The Kortmans are a big family with a unique story. Paul runs his own digital marketing agency called Connex Social. Last year they sold their house and 90% of their belongings and decided to hit the road. They ended up taking 25 flights...

http://www.tropicalmba.com/7daystartup/ Do you think it is possible to launch a scale-able start-up in just one week's time with no money invested? That might sound too good to be true, but Dan Norris has not only articulated an approach to this in his book, "The 7 Day Startup", he has also used it to grow his own business, WPcurve to close to $25K in monthly recurring revenue it his first year, a...

http://www.tropicalmba.com/investing/ Bossman and I have taken the last few weeks off to recharge and prepare for our upcoming Singapore Event. We're back from our short break and ringing in the new year by discussing a question that Marc Cuban asked recently: What should the average investor do with $50,000? We'll dissect some of the ideas he proposed about financial investments, talk about how t...

http://www.tropicalmba.com/builtajob/ With the help of our friend Taylor Pearson from TaylorPearson.me, we are continuing our 5 part series. The first episode was about making that first $1,000 of income. This episode is all about the next phase of a business, where you are starting to make a living, but you're trying to figure out how to scale that and turn it into a real asset. We'll talk about...

http://www.tropicalmba.com/remoteceo/ We are talking about what it means to be a remote CEO. This episode is essentially going to be story time with Ian. We discuss what it is like to leave the office for extended periods of time, and some essential mindset stuff that goes into being a successful remote CEO. We also talk about how our portable business has been able to grow five times year over ye...

http://www.tropicalmba.com/espressoenglish/ This week I've invited Shayna from EspressoEnglish.net to share how she was able to build a successful info product business that allows her to live anywhere in the world with just a laptop and $1,500 in capital. We're gonna talk about how Shayna drives hundreds of thousands of visitors to her site every month, how she turns those visitors into leads and...

http://www.tropicalmba.com/patrick/ Patrick McKenzie from Kalzumeus.com has been one of my favorite bloggers for over half of a decade. Patrick has a storied history of writing long-form pieces about the experiences of starting bootstrap software businesses, and is an expert at optimizing for non-cash currencies. In this week's episode we dig deep into Patrick's business philosophy, including how...

http://www.tropicalmba.com/returntoapprentice/ Our old friend and former team member Taylor Pearson from TaylorPearson.me has come by this week to help us have a broad, round-table conversation about team building. We talk about the ways that Ian and I have done it, and Taylor shares some insider insight from having been on our team. We also answer a question from a young listener about whether he...

http://www.tropicalmba.com/focus/ TropicalMBA is a podcast dedicated to the growing movement of location independent entrepreneurs. Every week, location independent entrepreneurs all over the world will leave us questions and comments in our voicemail. This week, we are answering a whole bunch of those voicemails, including questions about why you should be starting or joining a mastermind group,...

http://www.tropicalmba.com/dcbkk2014/ Bossman and I are in Tokyo this week following our annual DC BKK Conference in Thailand. We are gonna be recapping how the event went, and reminiscing about some of our favorite speakers. We're also going to be talking about what we've learned about throwing events, what we are planning to do in the future and sharing our advice for people that are looking to...

http://www.tropicalmba.com/hustle/ In the aftermath of DC BKK, The Bossman hopped a plane this week on his way to Tokyo, so we've decided to re-visit one of our favorite episodes of all time. I was a little hesitant about this episode when we first published it three years ago, but since that time, we have received a lot of feedback about how important this episode has been to our listeners. This...