Tropical MBA: Entrepreneurship & Founder Lifestyle - podcast cover

Tropical MBA: Entrepreneurship & Founder Lifestyle

Dan Andrews; Ian Schoenwww.tropicalmba.com
With 10M+ downloads and thousands of listener meetups worldwide, the TMBA Podcast is the hub for 7 & 8-figure founders who’ve built life-changing businesses while attaining personal freedom. New episodes every Thursday morning.
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Episodes

TMBA 636: Affiliate Marketing and The Stair Step Approach

Affiliate Marketing businesses have been around way longer than this podcast, and it’s a model that receives its fair share of criticism, especially of those selling ‘courses on how to sell courses’ on the subject. However, one thing is for sure: thousands of entrepreneurs continue to support their families from income generated by affiliate marketing. On today’s show Dan talks with Niche Site Project’s Doug Cunnington about how the model has changed since the early 2000s, ways to seek out good ...

Feb 10, 202249 min

TMBA 635: The AntiWork Movement

The ‘AntiWork Movement’ has been with us for decades but, through the pandemic, it’s gained a new traction over at the online discussion forum ‘Reddit’, where the r/antiwork subreddit group (slogan: “Unemployment for all, not just the rich!”) has over 1.7 million subscribers. Just recently, a controversial media interview by one of the moderators caused the thread to be temporarily locked. Today Dan and Ian discuss why, in some ways, they’re sympathetic to some of the AntiWork Movement’s points ...

Feb 03, 202243 min

TMBA 634: The ‘Downside Protection’ of Investing in Bootstrapped Businesses

Tiny Seed co-founder Rob Walling joins Dan to share insights about why bootstrapped businesses, particularly Software as a Service (SaaS), are becoming increasingly desirable to investors, partly due to the ‘downside protection’ they offer. They also discuss the pros and cons of serving ‘two sided marketplaces’ and why Rob has recently updated his ‘Stair Step Approach’ to entrepreneurship: “One thing that has changed is that there are a lot more opportunities to do ‘step one’ businesses that are...

Jan 27, 202240 min

TMBA633: Mailbag: Managing Teams and Creating Communities

In this week’s episode Dan and Ian respond to some listener questions, thoughts and comments, including: managing relationships within a team as it grows larger, some updates about Dynamite Jobs, and what’s involved in running masterminds and creating a community: “It's a really bad idea to copy something that's already successful but not copy what they did in the early days to be successful. When we talk about conception, we talk about what value it delivers to a small number of people today … ...

Jan 20, 202231 min

TMBA632: A Journey From Productized to SaaS, Plus The Return Of ‘Donate a Business Idea’

Productized or Software as a Service? A hot topic often discussed on TMBA. Of course, there’s no right or wrong answer but on today’s show Brian Casel talks to Dan about the factors that contributed to him changing from one to the other by selling Audience Ops and starting ZipMessage and also the different challenges of the two: “With a productized service, it really was much more about the processes. And building a service that is highly repeatable … but in a SaaS, it's less about process, it's...

Jan 13, 202258 min

TMBA631: Investing, Writing and Regrets, with Financial Samurai

For our first episode of the New Year Dan talks to one of our favorite writers in the investment space, Sam Dogen, author of Financial Samurai. Started in 2009, just as he was trying to dig his way out of losing 35% of his net worth due to the global financial crisis, Sam has been discussing investment strategies on his blog ever since. But ‘Financial Samurai’ is about so much more than that. In this episode Dan and Sam cover the importance of ‘parlay’ in your career, the downsides of ‘Financial...

Jan 06, 202239 min

TMBA630: Investing in the Age of Autonomy

In today’s show Dan talks to Jake Ryan, CIO of the crypto hedge fund TradeCraft Capital and author of ‘Crypto Asset Investing in the Age of Autonomy’, about why he believes the convergence of cryptocurrency and new technologies is creating a transformational environment as significant as the ‘Information Age’. “What we’ve seen, over the past decade or so, is innovation around automation. And that's been powerful, but it hasn't been transformational. It hasn't altered fundamentally how businesses...

Dec 30, 202143 min

TMBA629: Revisiting Some of Our Favorite Moments from 2021

2021 has been a landmark year for this show, and for entrepreneurs all around the globe. Though the Covid pandemic has lingered on, we have seen borders slowly start to open up and digital nomads finally start to become nomadic once more. We even closed out the year by connecting with listeners of this show at our Dynamite Circle Holiday Party in Austin last week, the first event of its kind in the United States in more than two years. Through it all, we have been fortunate to talk to some incre...

Dec 23, 20211 hr 2 min

TMBA628: Staying True to Yourself in Business

This week's guest has done something that so many entrepreneurs aspire to do: they have turned a bespoke creative shop into a truly successful internet business. Lisa Norman is the co-founder of Authentic Leather Patch Co. Together with her partner Ian, they have been manufacturing custom leather patches for clients around the US, which they stitch onto a variety of products. We personally love their hats, which are consistently the most sought-after swag at our Dynamite Circle events. Their sto...

Dec 16, 202147 min

TMBA627: Building an Agency You Can Exit From

Today's episode is all about building, scaling, and ultimately selling an agency. We know agencies don't usually get a lot of love on the show but they can be a great way to get started, and an incredible stepping stone in your career. Jodie Cook describes herself as an "athlete, writer, and entrepreneur", and when she says athlete, she means it. She has represented the UK internationally, and she built her agency as a lifestyle business with the intention of complimenting her career as a compet...

Dec 09, 202146 min

TMBA626: Talking Shop: Business Goals, Inflation, and Our Favorite Locations

We've been receiving a lot of requests from our listeners lately for an old-school "talking shop" type of episode. This week, we're doing just that, and in typical Tropical MBA fashion, we are focusing on three specific topics that are top of mind as the year comes to a close. We start the episode off with a discussion about whether we believe we are on the correct path to achieve our goal of building an 8-figure business in the near future. The second segment is an in-depth look at the dreaded ...

Dec 02, 202143 min

TMBA625: Living Outside Your Comfort Zone

There is nothing we love more than an entrepreneur who operates outside of convention, and this week's guest is no exception. Tynan is a bestselling author and the creator of CruiseSheet, a website that helps travelers find great deals on cruises. He is also a former Pickup Artist or "PUA", and at one point was a professional gambler. We've been following his terrific blog at Tynan.com for many years, and we're fascinated by his ability to remain ahead of the curve when it comes to social trends...

Nov 25, 202157 min

TMBA624: The Emotional Toll of the Entrepreneurial Journey

Today's episode is all about an emotional journey that was born out of this very podcast, and the unique mental health challenges that entrepreneurs face. Bunty SomRoy took a huge risk back in 2015 when he decided to volunteer at one of our Dynamite Circle events in Bangkok. Since then, he has gone through many stages of the entrepreneurial journey; hustling as a freelancer, taking a job at a startup, and finally running a successful business of his own. It wasn't all wine and roses, though. Bun...

Nov 18, 202153 min

TMBA623: It's Never Too Late to Find a Business Partner

When today's guest spoke at our recent event in Mexico City, we were taken by his story because it presented a captivating alternative to the traditional bootstrap business partnerships that we've encountered over the years. Tommy Griffith is the founder of ClickMinded, an online SEO training course, and he has joined us many times over the years to share the story of that business. His story took an unexpected turn when he decided to take on a co-founder, after he had already been operating his...

Nov 11, 202156 min

TMBA622: Mailbag: How Do You Stay Motivated After You Succeed?

We are once again reaching into the mailbag this week to answer questions from the Tropical MBA audience. We'll be answering questions that our listeners have submitted on a broad range of topics, including how to stay motivated after your business has met your goals, and how you can better your chances of being selected as a speaker at a conference or a podcast guest. You'll also hear some news updates about our own businesses, our crypto portfolio, and a whole lot more.

Nov 04, 202134 min

TMBA621: 10 Key Trends in the Digital Nomad Community for 2022

It was such a breath of fresh air to see so many entrepreneurs in Mexico City last week at DC MEX, our first in-person event since 2019. We had so much fun catching up with old friends, meeting new ones, exchanging stories, and working together to move forward with our businesses. One of our favorite parts about these events is that we get an up-close-and-personal look as all kinds of exciting trends start to emerge in the community. In today's episode, we are highlighting 10 new trends that we'...

Oct 28, 202150 min

TMBA620: The Upside of Running an Agency

Today's podcast is all about a business model that sometimes gets a bad rap on this show: "the agency". We recently bumped into our friend Johnathan Solorzano at MicroConf in Austin, and he had quite a bit to say about the subject. Johnathan is the founder of Solo Media Group, a remote agency of web developers that focuses primarily on Shopify and WooCommerce projects. We've invited Johnathan onto the show this week to share his thoughts about the upside of running an agency, specifically how it...

Oct 21, 202137 min

TMBA619: Does Your Business Need an "Operating System"?

In last week's podcast, Carrie McKeegan shared how she has been using author Gino Wickman's EOS (Entrepreneurial Operating System) to help her grow and manage her team. This week, we're diving deeper into the topic by speaking with an entrepreneur who has developed their own customized version of the very same system with impressive results. Neel Parekh is the founder of MaidThis, a business that offers cleaning services for residential homes and AirBNB rentals. Neel joins us today to discuss wh...

Oct 14, 202154 min

TMBA618: Exploring Alternative Education Options for Nomadic Families

We've spoken at great length on this podcast about how the Covid pandemic has forced us to make changes in the way that we run our businesses. This week, we're going to speak to an entrepreneur who used the landscape of Covid as an opportunity to provide an entirely different educational experience for her children. Carrie McKeegan is the CEO and co-founder of Greenback Expat Tax Services, which helps Americans abroad prepare and file their taxes. She and her husband Dave have been living outsid...

Oct 07, 20211 hr 7 min

TMBA617: Once Upon a Time in Mexico

It has been nearly two years since we've hosted an event for the members of our private membership forum The Dynamite Circle. DCMEX, our first official event since 2019, is just a few short weeks away, and we couldn't be more excited to see so many listeners of this podcast in Mexico City this October. In-person events are so important to those of us in the entrepreneurial community. From the relationships that we develop to the things that we learn together, there are so many reasons why entrep...

Sep 30, 202135 min

TMBA616: The True Cost of Burnout, Anxiety, and Entrepreneurial Depression

Today's episode is all about mental health, depression, anxiety, and the effect that these things can have on the way that we run our businesses. Benny Lewis is the founder of Fluent in 3 months, and he recently opened up about his own struggles at our unofficial DCx event in London a few weeks ago. While his business was "successful" by many traditional metrics, his personal life was far from it. He soon found himself under a mountain of credit card debt, with his marriage to his partner of fiv...

Sep 23, 202155 min

TMBA615: 8 Simple Steps for Improving Your Sales Funnel

This week's episode is full of actionable advice for anyone who is looking to improve their revenue and optimize their sales. We were taking notes throughout the entire conversation with today's guest, and by the time it had ended, it felt like we had taken part in an incredible workshop. John Ainsworth is the founder of Data Driven Marketing, and he has recently started a group that coaches course creators who are looking to increase the revenue of their business. John joins us on today's podca...

Sep 16, 202157 min

TMBA614: The Lifestyle Ladder

This week's podcast is inspired by a blog post that we published back in 2014. That post was titled "What is the Real Cost of the Permanent Travel Lifestyle?" and many of the points we touched on in that article are still being discussed by people in our community today. One of those people is Jesse Schoberg. Jesse is the co-founder and CEO of DropInBlog.com, and he is all too familiar with the challenges of bootstrapping his way up the "Lifestyle Ladder". Jesse joins us this week to share his t...

Sep 09, 202148 min

TMBA613: Is It Possible to Raise a Family as a Digital Nomad?

We've seen a lot of great conversations take place in our private community The Dynamite Circle as of late. One of our favorites came in the form of a thread titled "Is Digital Nomadism Possible to Combine With Having a Family?" While there were many insightful responses in that thread, one member, in particular, caught our attention. Steven Ladek is the Principal of E-Learning Advocacy for a company called Open LMS. He's also a longtime entrepreneur and has lived outside of the United States fo...

Sep 02, 202141 min

TMBA612: Mailbag: Avoiding Drama in Your Business

We are once again reaching into the mailbag this week to answer some pressing questions from the Tropical MBA audience. This is a somewhat unorthodox episode, as we are "shooting from the hip" on a variety of items that have come across our desk in the past few months. We'll be discussing how to structure your teams (specifically in an agency), tips for staying focused on what's important in your business, and how to avoid the dreaded "D-word" in your business: drama.

Aug 26, 202124 min

TMBA611: Should You Bootstrap or Seek Funding For Your Startup?

Today's guest has been on an incredible journey that touches on so many of our favorite entrepreneurial milestones. Derek Pankaew is the co-founder of Mythia, a financial startup that has partnered with banks to create a debit card aimed exclusively at gamers. He has experienced just about every entrepreneurial path, from running a "4-Hour Workweek" business built on passive income, to seeking out more ambitious projects in the San Francisco startup community, and eventually raising roughly 2.2 ...

Aug 19, 202141 min

TMBA610: Building Deal Flow from Social Media and Content Marketing

Today's episode is particularly insightful for entrepreneurs who are looking to improve their social media or content marketing game, and for those of us who are interested in the property investment space. Moses Kagan is the co-founder of Adaptive Realty, a boutique real estate private equity firm based in Los Angeles, which has about $200 Million in assets under management. He is also an extremely savvy Twitter user and has successfully leveraged that platform to build meaningful relationships...

Aug 12, 202141 min

TMBA609: Is "DeFi" the Future of Finance?

This week, we are once again diving into the world of cryptocurrency and blockchain technology. Gerbz is a regular contributor to this podcast and our go-to guy for all things crypto. He is the founder of BitLift.com, and the host of the brand new BitLift podcast, which aims to guide people down the crypto rabbit hole. Gerbz joins us this week to discuss the world of "Decentralized Finance", or "DeFi", where smart contracts and blockchain technology are being used to replace traditional financia...

Aug 05, 202151 min

TMBA608: The History of Digital Nomadism

The term "Digital Nomad" has been beaten to death over the years, but it still means a lot to those of us who have identified with that label. James Clark is certainly one of those people. He's been a full-time nomad since the early 2000s, and we've shared many great memories with him around the world. James is also the author of a brilliant blog called Nomad Notes, where he recently published an article that captured our attention. The post was titled Digital Nomadism History, and in it he chro...

Jul 29, 202150 min

TMBA607: The Lonely Path of the Solopreneur

Longtime listeners know that Dan and Ian have been business partners for many years, and sometimes it's hard for us to imagine what it would be like to run a business on our own. So many entrepreneurs do choose this path, though, and the quest of a "Solopreneur" can be a long and arduous one. Darren Joe is the director of TouchMBA, a service that matches prospective students with MBA programs. He is also the author of a new book called "The Fail-Safe Solopreneur", where he offers some insights a...

Jul 22, 202140 min
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