Tropical MBA: Entrepreneurship & Founder Lifestyle

http://www.tropicalmba.com/greatbooks/ http://www.tropicalmba.com/greatbooks/ Podcast 37:39 | Download | Stitcher | iTunes | Comment A long time ago, in a galaxy far, far away, when Dan and Ian decided to start a business together, their first serious spending was on books. They knew that, in order to run a successful business, they would first have to read up on...

http://www.tropicalmba.com/propertypodcast/ Recently, Dan and Ian have been exploring the subject of investing in properties, and the many reasons and motivations that different investors have. It has been a few months since Ian purchased his home in Austin, Texas, and he is still trying to wrap his head around what it means to be a homeowner. This week, he decided to reach out to Rob Dix and Rob Bence, who have both been investing in properties in the UK for almost a decade. They also run a business finding and managing properties for others, as well as hosting a podcast about property investments called The Property Podcast. On this episode, the "Robs" share with Ian why people might want to invest in property, some of the archetypes of people who do invest in property, and their general feelings on the future of housing market.

http://www.tropicalmba.com/buffett/ Recently, Dan and Ian have decided to research someone who is a legend in the world of business. For a very long time, Warren Buffett was the richest person in the world. Dan and Ian both recently read Alice Schroeder's fantastic biography of Warren Buffett titled "The Snowball". They decided they wanted to dedicate an episode to that story of Mr. Buffett's life, and the unique business choices that he has made throughout his career.

http://www.tropicalmba.com/languagelearning/ http://www.tropicalmba.com/languagelearning/ Podcast 35:24 | Download | Stitcher | iTunes | Comment Hola! Like many of us, Dan and Ian spend a lot of time in foreign countries. As regular listeners know, Dan has recently moved to Barcelona and he’s starting to get more than a little embarrassed by his limited range lack of Spanish. But he...

http://www.tropicalmba.com/basketball/ http://www.tropicalmba.com/basketball/ Podcast 45:54 | Download | Stitcher | iTunes | Comment This week’s episode is the final instalment of our three-part series about people who have turned their passions (which just happen to be some of Dan and Ian‘s personal obsessions) into successful businesses. Today’s guest is the podcaster that Dan has listened to the most...

http://www.tropicalmba.com/rcr/ In the second part of our three-part series, Dan and Ian are talking to people that have turned their own personal obsessions into successful businesses. This week, you'll be hearing from someone that Ian has admired and wanted to talk to for quite some time. Mr. Regular is one of the hosts of Regular Car Reviews, a very successful YouTube channel that combines car reviews with pop culture references, social commentary, and much more. The results are both hilarious and impressive. You don't need to be a car person to enjoy this show. Mr. Regular shares his insight on what it was like to get started publishing content on YouTube four years ago and what the journey has been like since then.

http://www.tropicalmba.com/cycling/ In the first part of a new three part series, Dan and Ian are going to be talking about some of their personal obsessions and the people who have turned those obsessions into businesses. This week, you'll hear about one particular obsession that Ian introduced into Dan's life: cycling. Patrick Brady of Red Kite Prayer has become one of Dan's favorite bloggers and podcast hosts. Patrick has been able to make a living writing and speaking about cycling. This episode is about more than just riding a bike, though. Patrick shares his attitudes about generating revenue with his blog, writers he is inspired by, and much more. Those of you who are cycling enthusiasts should stay tuned for some bonus content after the credits as well, where Patrick and Dan geek out over some hardcore cycling stuff.

http://www.tropicalmba.com/dccommunity/ Starting a business can be extremely emotionally difficult. Dan and Ian are very familiar with the personal toll that the process can take on an aspiring entrepreneur. A lot of times starting a business means that you are broke, or relying on your friends, family or significant other to support you. For some, that can lead to stress and even depression. Christopher Sutton knows these feelings all too well. A few years ago, Christopher wrote a blog post about what it was like to experience the emotional roller coaster of starting his own business, Easy Ear Training. On this week's episode, you will hear Christopher talk about what that experience was like, as well has how he found support through this podcast and our community of listeners in the Dynamite Circle.

http://www.tropicalmba.com/soldfollowup/ A year ago, Dan and Ian published one of the most-listened to episodes of this podcast, titled 7 Things to Consider When Selling Your Business. In that episode, they detailed all of the ups and downs of the sale process, as well as some anonymous profiles of the people who were putting in offers and kicking tires. On this week's episode, you will hear directly from Tino Sage, the "CEO Sally" who purchased their manufacturing and import business. She'll explain what she was looking for in a business, what the process of buying our business was like, and how things have been since she took over the reins.

http://www.tropicalmba.com/thesubtleart/ Today's guest is one of Dan and Ian's all time favorite writers, Mark Manson. Many of you may know him from his blog at MarkManson.net, where he has written about a wide range of subjects including digital nomadism, living with anxiety, and toxic relationships. Recently, Mark made the decision to sign with Harper Collins and publish his first book, titled The Subtle Art of Not Giving a Fuck. Mark is going to be sharing a few excerpts from that book on this show, as well as talking about how he got into blogging, his values as a writer, what he thinks the state of the blogosphere is today, and much more.

http://www.tropicalmba.com/convertplayer/ Like all entrepreneurs, Dan and Ian have fantasized about putting their ideas out on the internet and making millions of dollars. Today's guest has actually done that. Simon Payne is the co-founder of Leadpages, the industry standard software in creating landing pages for websites. Dan and Ian originally met Simon in the Philippines, around the time that they were forming the Dynamite Circle. In this episode, you'll hear how that original meetup influenced Simon, as well as the true story of how Leadpages was formed, and what the future has in store for Simon.

http://www.tropicalmba.com/emailstrategies/ http://www.tropicalmba.com/emailstrategies/ Podcast 19:35 | Download | Stitcher | iTunes | Comment Email has been an all pervading part of entrepreneurial life for the last few decades. These days, Dan and Ian have mixed feelings about email in general. In exploring how to step up some of their strategies for dealing with it, they decided to talk to someone...

http://www.tropicalmba.com/podcastprocess/ About a year ago, Dan and Ian were working on their annual DC BKK event in Bangkok, and they were finding themselves strapped for time. They weren't putting the kind of resources or time into this show that the would have liked to, and they realized that the enjoyment that they were getting out of this podcast had started to wane. It was around that time that they decided they needed to drastically step up the production level of the show. They put out a call for a new producer, which was answered by a former BBC producer named Jane Beresford. This week's episode is the story of what has been going on behind the scenes of the Tropical MBA podcast since then. You'll hear about what led to the decision to increase production, and a step by step instruction on how they were able to take this show to the next level.

http://www.tropicalmba.com/bitcoin/ Dan and Ian have been talking a lot on the TropicalMBA lately about investments, and those conversations have led them down a lot of interesting paths. Most notably, that curiosity has led them to explore the future of cryptocurrency, and in particular, Bitcoin. What really compelled us to talk about the Bitcoin story on this show is the strange and incredible cast of characters involved. No one knows that story or those characters better than Nathaniel Popper, a New York Times business reporter and the author of Digital Gold. On this week's episode, you'll hear Nathaniel share the fascinating details of the history of Bitcoin, and the process of shaping a book based on so many of those crazy stories.

http://www.tropicalmba.com/estherjacobs/ One of the recurring themes on this show is freedom. The freedom to make personal choices. The freedom to travel. The freedom to create a business that allows you to live the lifestyle you choose to live. Dan and Ian have spoken to many people about what that freedom means, but perhaps Esther Jacobs has the most profound story about freedom that has ever been shared on this show. Esther is one of the youngest people in the Netherlands ever to be honored with the distinction of knighthood. Despite that event, Esther has a very unique story to share about how she was disowned by the very same country that named her a knight. Esther has an unbelievable story, and it could carry serious implications for digital nomads all around the world.

http://www.tropicalmba.com/notsell/ It's been almost a year to the date since Dan and Ian sold their business. They don't regret the decision, but in the time since then, the two of them have explored a lot of "what ifs" in their head. A lot of listeners have approached them recently who are considering selling their business as well. On this week's episode, you'll hear some of the questions that listeners approached them with, as well as five reasons why selling your business might not be the right idea for you.

http://www.tropicalmba.com/boutiquejapan/ Last week Dan and Ian talked about how they hosted a couple hundred entrepreneurs in Barcelona for the DCBCN conference. A lot of those entrepreneurs shared their stories on stage, which is an intimidating task. Andres Zuleta of Boutique Japan was one of those people. Andres started a business that sells boutique travel packages to people who want to visit Japan. He called in to this podcast and left a voicemail not too long ago and today Boutique Japan is on target to make $1.3 million in revenue. We invited him on to the show this week to talk about how telling his story has helped him make sense of the ride that he has been on.

http://www.tropicalmba.com/bcnconference/ Dan and Ian are hot off the heels of the DCBCN conference they hosted this week, where over 200 entrepreneurs gathered in Barcelona to participate in a series of dinners, workshops, parties and even bike rides. On this week's episode, they'll be talking about some of the trends that they are seeing in the lifestyle business space, as well as five things that they took away from the overall DCBCN experience.

http://www.tropicalmba.com/gimlet2/ Last week we teased a very special guest for this week's episode. Today, Dan and Ian are very pleased to reveal that guest to be Alex Blumberg, the CEO of Gimlet Media and the host of one of our very favorite podcasts, Startup. As entrepreneurs, many of us have grown up listening to Alex's work on shows like This American Life and Planet Money. His recent foray into the realm of podcasting has had a huge impact on how podcasts are being produced today, and you'll hear him talk all about that journey on this week's episode.

http://www.tropicalmba.com/meh/ Being an entrepreneur isn't all wine and roses. Frankly, a lot of it can be described in one word: 'meh'. On this week's episode, Dan and Ian are going to be sharing five of the most tedious and monotonous things to expect when running a business. These are five things that most entrepreneurs dread dealing with, and the day-to-day experiences that aspiring entrepreneurs can look forward to when starting their own business.

http://www.tropicalmba.com/property/ On today's episode, Dan and Ian are going to speaking with Paula Pant. Back when Dan was experimenting with renting a place on AirBNB, he stumbled upon Paula's blog at AffordAnything.com. She is incredibly transparent in her business model, demonstrating how she created a real estate portfolio that provides her with cash flow every month. You'll hear Paula share her story about how she started from scratch to build a successful collection of rental properties.

http://www.tropicalmba.com/diet/ This show has always been about finding success in your business and your lifestyle. We've talked about lifestyle in a lot of different ways, but one portion of our lifestyle that is so important, that we have rarely touched upon on this show is our health. On this week's episode, Dan and Ian are diving into a topic of health discussion that is as contentious as it is important: what we should be eating. Dan is fascinated by diets, and he has experimented with a plethora of them. He recently decided to go on a search for the greatest diet in the world. On that search, he discovered the work of Dr. Michael Greger M.D., the founder of NutritionFacts.org. Dr. Greger's unique and inspired approach to nutrition is something that we believe every lifestyle designer needs to hear.

http://www.tropicalmba.com/pickle/ One of the fastest ways to gain freedom from a location or a 9-to-5 job is to sell your skill set and your time as a freelancer. When you do that, you can create problems that might not rear their head for years. On this week's episode, Dan and Ian are speaking to Russ Perry from Design Pickle. He began his entrepreneurial career doing just that, and when we first heard from him in 2014, he was in the process of dissolving his first business and starting from square one. In less than two years, Design Pickle now has 20 full-time employees and just last month, they billed 90k in recurring revenue. On this show, you'll hear all about that journey, as well as a pretty in-depth discussion about our collective affinity for delicious pickles.

http://www.tropicalmba.com/mattfarah/ On today's podcast, Dan and Ian have decided to dig into a topic that isn't usually covered on this show. We are going to be talking about one of Ian's favorite things in the world: cars. If you don't consider yourself a vehicular aficionado, have no fear. This episode is about the journey of Matt Farah, a successful automotive journalist who rose to fame through his YouTube channel, The Smoking Tire. You're going to be hearing a pretty compelling story about how Matt bootstrapped himself into the position that he's in today. And yes, there is a little bit of car talk in there too. Stay tuned until the very end of the episode to hear a bonus lightning round of automotive questions.

http://www.tropicalmba.com/longview/ Dan and Ian have been speaking about the lifestyle of the Location-Independent entrepreneur on this podcast for over six years. During that time, they've found that people all over the internet tend to glorify this movement, and why wouldn't they? It's exciting to be a part of. On the other hand, there are very few people online who are talking about the challenges of being a digital nomad. Mark Manson and Stacey Herbert have both traveled the world as location independent entrepreneurs and have recently decided to put down roots for the first time in years. On this episode, you'll hear them share their thoughts and experiences on what some of the biggest downsides to the nomadic lifestyle are.

http://www.tropicalmba.com/investmentsfollowup/ On one of our recent episodes, Dan and Ian spoke with Joe Wirbick about some of their options for managing their money since they have sold their business. That episode elicited a very passionate response from our listeners. We got a ton of feedback from some really smart people about that episode, so we decided to do a follow up show. On this week's episode, you'll hear some specific feedback from our friend Laura Roeder, as well as Dan and Ian's feelings on managing their own money now that they have heard so many opinions on the subject.

http://www.tropicalmba.com/shayna/ If you have been listening to our show for a while, you will recognize this week's guest from an episode we did about a year and a half ago called "Is It Getting Harder to Grow a Successful Business Selling Info Products?". That episode ended up being one of the most popular episodes of this show, so Dan and Ian decided to invite Shayna of Espresso English back onto the program to follow up with her story. Shayna will be talking about a range of new topics, including pricing, positioning and marketing info products in today's entrepreneurial landscape.

http://www.tropicalmba.com/mmm/ On this week's show, Dan and Ian had the opportunity to interview one of their all-time favorite bloggers, "Mr. Money Mustache" Peter Adeney. Peter was recently the subject of a profile in The New Yorker, and you'll hear him share his opinions about that piece. You'll also hear how he was able to retire at the age of thirty, why he believes we should be optimizing for our own happiness, as well as his thoughts on achieving freedom through frugality. Stick around after the credits for a little bit of a bonus conversation with Mr. Money Mustache about how the Mustachian community holds events.

http://www.tropicalmba.com/productized4/ Longtime listeners know that one of our favorite things to do on the show is to ask our guests to donate business ideas to our audience. For the fourth part of our Productized series, Dan and Ian put out a call for anyone that has used one of those ideas to come on the show. On this week's episode, you'll be hearing from Ben McAdam and Meryl Johnston, otherwise known as the Bean Ninjas. They will be sharing how they took an idea that was donated on this very podcast and turned it into their own Productized Service business.

http://www.tropicalmba.com/youtube/ On this week's episode, Dan and Ian are speaking with Gabby Wallace. Gabby is extremely qualified at teaching English as a second language, and has spent many years doing so in Japan. She got fed up with the traditional ways of teaching language abroad, and she decided to start her own business called Go Natural English. Gabby's business has been built almost entirely through her YouTube channel, where she has over 150,000 subscribers. YouTube can be an incredibly powerful platform for location independent entrepreneurs and on this episode, Gabby is sharing all of her best tips and strategies for using YouTube to your advantage.

http://www.tropicalmba.com/theexit/ Jeff Giesea recently penned an article for the Harvard Business Review titled "Dealing With the Emotional Fallout of Selling Your Business". Needless to say, this article caught the eye of Dan and Ian, who have recently sold the largest business they have ever created. There are a lot of weird and conflicting thoughts that go through your mind when you go through this process. Dan and Ian invited Jeff on to the show this week to speak about his experience selling his businesses, and the trials and tribulations that entrepreneurs face when they make the exit.

http://www.tropicalmba.com/investments/ As many longtime listeners know, Dan and Ian have recently sold their business. This has put them in a rather unique and advantageuous situation, and forces them to ask the question: what do you do with your money once you have made it? Managing your money requires a completely different skill set from building a business, and even savvy entrepreneurs often have to seek the advice of a professional. On this week's episode, you'll hear from Joe Wirbick, the president and co-founder of Sequinox. Joe is sharing some of his best tips on how to evaluate financial professionals and how to identify whether or not they can help you.

http://www.tropicalmba.com/dhh2/ Today's episode is the second of a two part series in which Dan and Ian are speaking with the co-founder of Basecamp and creator of Ruby on Rails: David Heinemeier Hannson. This episode is all about business relationships. You'll hear about the origins of David's relationship with his business partner Jason Fried, as well as David's many interesting thoughts on business partnerships and how they can evolve over time.

http://www.tropicalmba.com/dhh/ Today's episode is the first of a two part series where Dan and Ian are speaking with David Heinemeier Hannson. David is the co-founder of Basecamp and the creator of Ruby on Rails. Truth be told, DHH has been a huge influence on the Tropical MBA podcast. In this episode, we're going to be talking about a subject that some see as a blueprint to getting rich, and others see as a dirty word: Venture Capital. Later on in the show, you'll hear from Zapier co-founder Wade Foster on his thoughts and experiences on seeking venture capital funding for his own company.

http://www.tropicalmba.com/ribbonfarm/ On this week's episode, Dan is speaking with Venkatesh Rao, Venkat is the author of RibbonFarm, a philosophy blog about technology and entrepreneurship. He recently launched an essay series called Breaking Smart, that explores the relationship between humanity and technology. Today's conversation covers a whole plethora of philosophical heuristics, including blind spots in the digital nomad community, the difference between passion and work ethic, what it means to be power-literate and so much more.

http://www.tropicalmba.com/amazongold/ Throughout the history of the internet, there have been many different entrepreneurial opportunities. People who got in on these opportunities early have historically found an incredible amount of success. What we've seen in 2016 is that the people who have gotten into the Amazon ecosystem early on are starting to see the fruits of that decision. This week, Dan and Ian have put together a unique round table discussion with a few of those people; Greg Mercer of Jungle Scout, Brad DeGraw of Amazon Sherpa and Kiri Masters of Bobsled Marketing. They will be sharing their tips, tricks and tools on how to make the Amazon platform work for you.

http://www.tropicalmba.com/nooffice/ There is a movement in the internet business world where some companies have decided to start getting rid of offices altogether. It might seem easy for small businesses to pull this off, but lately businesses have started to do this at scale. This week, Dan and Ian are going to be speaking to a few entrepreneurs who are growing real teams for their businesses without offices; Wade Foster, the co-founder of Zapier, and Michael Erickson of Search Scientists. Some of the issues that they will touch on in this episode include how to create a culture remotely, how to keep on top of what everyone is doing and how to make your employees feel like they are part of a team.

http://www.tropicalmba.com/oneforthewriters/ This week's episode is one for the writers, bloggers and creators. Dan and Ian have invited Jodi Ettenberg on to the show this week. Jodi is the author of a blog called LegalNomads.com, and she makes a full time living as a writer. She recently gave the closing address at the TBEX conference, where she talked about what it takes to make a living writing full time. You're going to hear why Jodi feels that strong narratives are so important, along with her views on the balance between making money, keeping your integrity and making great art. You'll also hear her thoughts on how travel writing might develop over the next few years.

http://www.tropicalmba.com/productized3/ Several weeks ago, we put out a call for someone who would be willing to start a productized service business on the show. Jeff Pecaro was the man that answered that call. This week, Dan and Jeff will be speaking with Brian Casel. Brian is an expert in productized services. He has not only found success with his own productized services businesses, but he has also helped other entrepreneurs launch successful productized services businesses as well. Brian will be sharing his expertise about productized services, freelancing, and how his new business has benefited from his experience running his first one.

http://www.tropicalmba.com/enough/ Being location independent means that you don't have a boss or a corporation telling you what to do, but it also means that you have to make your own decisions on how to spend your time. You have to decide how to make your money, and you have to decide when enough is enough. On today's episode, Dan and Ian are speaking with two entrepreneurs who have put a lot of thought into this idea. Daryl Mander and Nathan Berry have both proactively made the call to scale back their workload in order to improve their quality of life. They will be sharing their experiences, and their thoughts on when and how to say "enough is enough".

http://www.tropicalmba.com/michaele/ On this week's show Dan and Ian were originally going to be talking about the three different stages of entrepreneurship, but once Dan started speaking with Michael Erickson, he knew that this conversation was worth devoting an entire episode to. Michael trained hard and loved the career path that he was on initially, but a sudden change in his life-script drove him to become an entrepreneur. Michael's story is ultimately about how difficult circumstances can prompt you to change your life, and how transforming your mindset is the first hurdle to achieving entrepreneurial success.

http://www.tropicalmba.com/mentor/ On today's episode Dan and Ian are going to explore the most powerful, and potentially toxic relationship in entrepreneurship; the relationship between a mentor and a mentee. We're doing so by speaking with Tim Conley, a Dynamite Circle member who has quite a bit of experience in these types of relationships. We'll be talking about how to seek out a mentor, what makes a successful mentor, and how these relationships evolve over time,

http://www.tropicalmba.com/priorities/ This week we are chatting with Peter Griffin, a member of the Dynamite Circle who relocated to Austin, TX about two years ago. Peter is a prototypical digital nomad. Starting his own business has afforded him the ability to travel the world, but now that he's getting older, he is starting to figure out what is really important to him. We'll be talking with Peter about why he decided to move to Austin, and what happens to digital nomads when their priorities start to change.

http://www.tropicalmba.com/meetings/ In this episode Dan and Ian offer thoughts, suggestions and ideas on the best way to handle meetings as your business – and number of employees - grows. You’ll also get the chance to ‘listen in’ on a Tropical MBA/Dynamic Circle team meeting involving Dan, Ian, Jessica and Alex – and hear about Dan and Ian’s very different styles of management.

http://www.tropicalmba.com/smartdrugs/ Many entrepreneurs have dabbled with "smart drugs", also known as "cognitive enhancers" or "nootropics" but few have studied them as closely as Jesse Lawler. In his weekly podcast Smart Drugs Smarts, Jesse talks to range of specialists and academics about different aspects of brain chemistry, including the effects of smart drugs. In this week’s TMBA episode, Jesse shares what he’s learned about the effects of Smart Drugs, things to consider when using them, and their appeal for all ages.

http://www.tropicalmba.com/3dprinting/ In this week’s episode Dan and Ian invite you to share in one of Bossman’s many interests: 3D printing. This technology has been around for a while - mostly used by designers and engineers to conceptualize and test prototypes. But, as 3D printers become cheaper and more sophisticated, might it begin to revolutionize not only the world of retail but also DIY? What are the opportunities and potential pitfalls for entrepreneurs? Lawyers like Alan Rothenbuecher are already advising firms on how to handle the growing number of IP issues that crop up in relation to 3D printing. TMBA also talks to one of the co-founders of The Pirate Bay, Tobias Andersson, about why he thinks 3D printing is going to have the same impact on design as file-sharing sites have had on the music business.

http://www.tropicalmba.com/cutbait2/ Starting out as an entrepreneur can be scary – but it’s exhilarating and rewarding too. In the first part of series of episodes about the ‘different stages of the entrepreneurial journey’, Dan and Ian revisit some advice they gave Kiri Masters who, in 2013, was still in her day job as a highly successful corporate player whilst struggling to set up a business that would give her the lifestyle and kind of satisfaction that she felt she was missing. What advice did Dan and Ian give Kiri? Did she follow it? What's happening with her business today?

http://www.tropicalmba.com/tax/ One of the major issues that location independent entrepreneurs, who spend time outside their home country, grapple with is tax. Let’s be honest: we’re all looking for ways to pay less of that! Phil Hodgen is a leading lawyer in this field, advising his clients on the relative advantages of foreign earned income exclusion, acquiring overseas residency or even, in some cases, expatriation. In this week’s show we bring you advice that could save you thousands of dollars. And yes, we’re talking dollars. This guidance is mostly applicable to U.S. citizens but Phil also talks about general principles that other nationalities will find useful too.

http://www.tropicalmba.com/productized2/ A few weeks ago we spoke with Jeff Pecaro. Jeff is starting a productized service business and he offered to let us follow along with his journey on the show. This week we are catching up with him to find out how his business has progressed and he has managed to weather the storm of some tough criticism.

http://www.tropicalmba.com/writingabook/ Is it possible to go from being successful blogger to writing a book that tops the Internet charts within the space of a year? In this week’s episode Dan talks to Taylor Pearson, an author who has done exactly that. Tune in and find out how.