What do you do when you lose over half your Annual Recurring Revenue and test positive for Coronavirus, all within 48 hours? Jim Huffman described this exact experience in a post on his personal blog titled "The Hardest Day of My Career". Jim is the CEO of GrowthHit and co-creator of FunnelTeardowns, and when we discovered his blog post we knew we had to talk to him. Jim joins us on today's podcast to share his insights on how to create a successful marketing agency that aligns with your lifesty...
May 21, 2020•56 min
"Dropshipping" is one of the most used and abused terms in Digital Nomad circles. It refers to the practice of selling items without keeping inventory on hand, relying instead on a third-party manufacturer to ship the items directly to the customer. The term recently reached a much broader audience through a widely-shared piece in Wired magazine by Sirin Kale titled “‘It’s bullshit’: Inside the weird, get-rich-quick world of dropshipping”. On today's podcast, Dan and Ian weigh in with some of th...
May 14, 2020•42 min
In our book Before the Exit, we reflected on many 'thought experiments' that we wished we had run before we sold our business in 2015. One of those experiments was called 'The Mediocre CEO Test', which questioned whether it was smarter to hire someone to run your business than it was to sell it. Today's guest did just that. JP Ji is the founder of Pro Teeth Guard, an eCommerce business that manufactures custom dental mouth guards. When JP decided to shift his focus away from Pro Teeth Guard, he ...
May 07, 2020•44 min
One of the most widely read and recommended books about business management is Gino Wickman’s 'Traction'. When Gino’s team reached out to say that he had a new book coming out that was aimed at helping would-be and early-stage entrepreneurs, we jumped at the opportunity to invite Gino on to the podcast to talk about it. On today's podcast, Ian sits down with Gino to discuss the ideas raised in his new book, ‘Entrepreneurial Leap’. In this wide-ranging conversation, you'll hear Gino's thoughts on...
Apr 30, 2020•49 min
Whether you’re saving a runway for a new business, or you need to cut your expenses to the bone due to the current economic climate, we know a lot of people are being forced to make some difficult financial decisions right now. On today's podcast, we are revisiting one of our most popular concepts, and something that we've discussed many times over the years as a sure-fire way for an entrepreneur to live a little more frugally. We're talking once again about the "Entrepreneurmobile", or how you ...
Apr 23, 2020•55 min
One of the things we love about our online community of entrepreneurs, the Dynamite Circle, is that the members of that community are not only incredibly globalized but oftentimes deeply ingrained in the cultures and economics of the places they live. Brian Miller is the founder of Easy China Warehouse, a third-party logistics company that helps entrepreneurs who sell online consolidate products in China. Brian was in a rare position where he was able to see the Coronavirus unfolding as he lived...
Apr 16, 2020•51 min
In this week's episode, we've invited one of our favorite bloggers and thinkers to pull up a virtual chair and share some of the burning issues he’s been writing about. Nat Eliason is the founder and CEO of a marketing agency called Growth Machine, as well as the author of a fantastic blog at NatEliason.com. Nat is not only a successful agency owner, but he has some incredibly fascinating theories about entrepreneurship and scaling a multi-million dollar agency that we were just so excited to pi...
Apr 09, 2020•1 hr
One of the silver linings to the strange times that we've been living through in the past few weeks, is that we've been able to reach out to some of the brightest minds in our community and get a sense of how they have been responding to the crisis. Travis Jamison is no stranger to longtime listeners of this show. Travis is a bonafide SEO expert and the founder of Smash Digital. He has also successfully exited a business for 8 figures and is a very active investor as well. Travis recently shared...
Apr 02, 2020•34 min
As we've been practicing social distancing, the majority of our discussions about business and entrepreneurship keep coming back to the COVID-19 outbreak. In this week's podcast, we've invited one of the most prescient minds about this topic on to the show. Taylor Pearson is a long time friend of the show and has been sounding alarms about the coronavirus for much longer than most. Like us, Taylor is a huge fan of the writings of Nassim Taleb and joins us today to talk about why Taleb's writing ...
Mar 26, 2020•50 min
The topic of today's podcast is unavoidable. We simply have to address one of the biggest stories of our lifetime, the global shutdown brought about by Coronavirus, or Covid-19. The impact that this pandemic has had on businesses around the globe, including our own, has been enormous. In today's podcast, Dan and Ian are talking about their decision to cancel DC Austin, which would have brought 150 entrepreneurs from around the globe to the city of Austin, Texas in just a few short weeks. You'll ...
Mar 19, 2020•40 min
In today's episode, we are reaching into the TMBA mailbag yet again and responding to some interesting questions and comments we've received from our listeners. There is a word that gets tossed around in the entrepreneurial community, and it's actually something that is worn as a sort of badge of honor. We see it on t-shirts and social media, and it's usually represented by entrepreneurs who have rejected working for an employer at a job where they held no equity. But is it really a good thing t...
Mar 12, 2020•47 min
One of the biggest challenges of running a remote team is communication. After all, "watercooler conversations" rarely happen when your team is scattered across the globe. Joe Magnotti is the co-founder of Empire Flippers, a marketplace for buying and selling online businesses. Together with his partner Justin Cooke, they have built a team of over 70 people who are entirely location independent and are located all over the world. Joe joins us on today's podcast to talk about his experience manag...
Mar 05, 2020•45 min
We've recently been revisiting some of our favorite business books on this podcast as part of a series we like to call "The Re-Readables". What makes this week's installment of that series so special is that we have been joined by the author of the book himself. M.J. DeMarco wrote The Millionaire Fastlane in 2010, and since then, the book has continued to grow in popularity. The basic premise of the book is that the most successful people have found ways to step off of the "slow lane" or the "si...
Feb 27, 2020•53 min
Will Roman is a veteran entrepreneur who has worked in a number of different fields including eCommerce, physical products, software, and even cryptocurrency. At the end of last year, Will made the decision to leave his crypto exchange business to start Chisos, a product company that manufactures and sells designer cowboy boots. Will joins us on the podcast this week to talk about his stressful exit from that company, why he decided to start Chisos, what he has learned from his first year of man...
Feb 20, 2020•42 min
We often talk about the "1,000 Day Principle" or the idea that it will take about 1,000 days to get a new business off the ground before it replaces the income from your 9-to-5. But what happens after those 1,000 Days? Chris Cage's 1,000 Day Journey has been well-documented on previous episodes of this podcast. Chris is the founder of Greenbelly, a company that manufactures high-quality meal bars for hikers. Greenbelly is now over 5 years old, and Chris is facing a whole new set of challenges. C...
Feb 13, 2020•41 min
One of our favorite things to do on this podcast is follow up on some of the entrepreneurial stories that we've covered in the past. This time last year, we recorded a podcast with Tommy Joiner. In that episode, Tommy spoke about the genesis of his productized content generation service ContentPros. Fast forward a year and Tommy has made some massive changes in his life. Not only has he sold ContentPros, but he also chose to part ways with his business partner. In today's episode, Tommy returns ...
Feb 06, 2020•43 min
Entrepreneurship is something of a gamble, and perhaps very few people understand that better than today's guest. Mike Jackness is a widely respected figure among the eCommerce community and is the host of a brilliant podcast called ECommCrew. Mike has owned and exited several successful businesses, the most popular of which being ColorIt, which manufactured and sold coloring books aimed at adults. On today's podcast, Mike joins us to talk about the highs and lows of his entrepreneurial career. ...
Jan 30, 2020•1 hr 9 min
We here at the Tropical MBA are always fascinated with people who raise questions that challenge the social narratives that most people follow. It's no wonder then that Christoper Ryan caught our attention. Christopher is a New York Times bestselling author, the host of a brilliant podcast called Tangentially Speaking, and is perhaps best known for his 2010 book Sex at Dawn. Christopher recently published a new book called Civilized to Death, which argues that so-called "progress" has actually a...
Jan 23, 2020•50 min
Last week, we spoke to Mark Brenwall about why he left his job in San Francisco to move to Asia and start WOD Nation, an Amazon FBA business that sells CrossFit products. Today's podcast is the conclusion of that interview and in it, we speak specifically about Mark's entrepreneurial "code". In this conversation, Mark shares some of his unorthodox business philosophies, as well as some specific insights into the Amazon FBA platform, and why he almost decided to sell his business last year.
Jan 16, 2020•36 min
Mark Brenwall is the founder of WOD Nation, an Amazon FBA business that sells CrossFit products. A few years ago, Mark joined us for one of our favorite conversations we've had on this podcast in an episode called "The Power of Under Optimization". That episode was all about Mark's unconventional business approach, which prioritizes lifestyle and happiness over aggressive growth. Today's episode is the first in a two-part series where we revisit Mark's story. In this first part, we explore some ...
Jan 09, 2020•32 min
A year ago, we kicked off 2019 with a somewhat self-indulgent podcast full of updates on our ongoing projects as well as some of our business goals for the year. As the decade draws to a close, we’re taking stock of the year and asking ourselves “did we meet those expectations”? In today's episode, we are revisiting what we accomplished (and failed to accomplish) in 2019, as well as showcasing some of our business highlights from the year. Stick around to the end of the episode to hear five spec...
Jan 02, 2020•1 hr 3 min
As we prepare to celebrate the holiday season, we thought it would be fun to revisit some of our most memorable moments from the podcast in 2019. In this week's episode, you'll hear highlights from some of our favorite interviews, as well as our thoughts on five specific entrepreneurial themes that continue to resonate with us as the year comes to a close. Make sure to stick around until the end to hear some outtakes from recording the podcast in 2019.
Dec 26, 2019•38 min
Some entrepreneurs have a secret. Adopting a pseudonym, or a "pen name", is a common practice on the internet. Even one of the hosts of this show, Dan Andrews, has been using a pseudonym for many years. Some people do it because their name is difficult to pronounce, others are worried about being stalked, or because they want to improve their Google rankings. We've also spoken to people who regret having taken a "fake identity", and believe it has started to adversely affect their lives. In toda...
Dec 19, 2019•32 min
For the first time in a decade, Dan and Ian are recording a podcast from one of their favorite places in the world, the Philippines. The Philippines has been an integral part of their business for many years, and it continues to have a strong influence on the lives of so many entrepreneurs in the location-independent community. On today's podcast, they'll be discussing their history in the Philippines, what the country has meant to their business, and whether it still makes sense for entrepreneu...
Dec 12, 2019•50 min
We've seen a lot of conversations recently in the location independent lifestyle space about something we like to call "The Digital Nomad Lie". The general concept is that being location independent is not everything that it's cracked up to be, and that the idea that you can have it all while sipping coconuts on the beach is simply a myth. It's not surprising then that we've seen a rise in blogs and think pieces by digital nomads that are exhausted from travel and yearning to settle down. But wh...
Dec 05, 2019•1 hr 1 min
So many people listening to this podcast are looking for the kind of freedom that allows them to travel the world. It's no wonder then that Recreational Vehicles or "RVs" have become increasingly popular in the entrepreneurial space in recent years. If you recall, last year we spoke to Ian's friend and mentor Corey Reueth on this podcast about his experiences buying and selling cars and recreational vehicles. In today's episode, Corey and Ian are having an in-depth discussion about the RV lifest...
Nov 28, 2019•50 min
Today's podcast is another installment of our ongoing series called "The Re-Readables", where we revisit some of our favorite business books to see if they stand the test of time. This week, we've invited author and online entrepreneur Kyla Gardner back on to the show to talk about the classic marketing book Purple Cow by Seth Godin. Kyla joins us this week to discuss which ideas from Purple Cow have aged the best, which ideas have aged the worst, and how we have utilized some of the "Purple Cow...
Nov 21, 2019•55 min
We first spoke to Kevin Graham on this podcast two years ago in what ended up becoming a somewhat controversial episode about building generational wealth on Amazon. Since then, it has become a sort of annual tradition for Kevin to return to the show and update us about his entrepreneurial journey. Last year, he shared his thoughts on "The Helsinki Bus Theory" and his decision to start a web hosting business, which has since become SiteArrow. Since we last spoke, Kevin had adopted a bold strateg...
Nov 14, 2019•32 min
A few weeks ago, we hosted hundreds of listeners of this podcast in Bangkok for our eighth annual DC BKK event. Every year we learn more about the entrepreneurs that join us in Thailand. We get to have conversations with some extraordinary people, hear about their successes and their struggles, and get an inside look at the way that internet businesses are being run. On this week's episode, we are sharing five specific insights that we took away from our experience in Bangkok this year, and disc...
Nov 07, 2019•48 min
A few weeks ago, we shared a conversation about "Sweaty Startups", and how we can use internet business skills to compete and win in traditional, physical services industries. This topic really struck a chord, and we've received a ton of feedback from listeners who want to hear more about these kinds of opportunities. Enter Eric Gilbert Williams, an entrepreneur who grew his Canadian-based roofing company to 6 million dollars in annual revenue before he sold it last year. In his teenage years, E...
Oct 31, 2019•50 min
