TMBA 116 (LBP105) – The Entrepreneur’s DNA Checklist

TMBA 116 (LBP105) – The Entrepreneur’s DNA Checklist post image

This week Dan and Ian are dreaming of Ferraris. A slight departure from their regular dreams of Porsches and BMW’s.

Ian might even by considering taking up a bartending job to bootstrap his new ride. Maybe he can get a gig working a portable bar somewhere?

Mostly they are planning the shenanigans set to transpire when they are both on the same continent (in the same place even!) later this month at Badladz Resort in the Philippines.

In this episode Dan & Ian once again get such a humdinger of a question that it’s a full serving of meat & potatoes to chat about!

Dave (who is dreaming big in Japan asks: I’ve toyed with “make money online” stuff for a while, but now I realise that I haven’t been serious. I want to get serious. So: given resources of basically zero dollars, and 25 hours a week to spare, what ideas would you suggest to start earning $500-1000 a month asap and go from there. I’m not looking for a blueprint or a sure thing, but some lateral thinking or just your perspective.

Well Dave, better than a blueprint we’ll give you and our listeners a full checklist for lateral thinking.

What Should Your Entrepreneur’s DNA Checklist Include?

¤ Skills – What do you do well that you can offer the world?
¤ High Friction Relationships – Are you building connections that matter and last?
¤ Producer vs. Consumer – Successful entrepreneurs produce more than they consume
¤ Listening – It’s more than just nodding your head
¤ Head Under Water Intensity – You gotta WANT it
¤ Seeing The Ferrari – Do you want to make a few thousand a month and get by or do you want the Ferrari?
¤ Don’t Sell Out – Do you believe in what you are doing?

Tanya and Andrew of MTB listening to LBP from LP to VV April 2012


Just The Tips

Have fun. Leave a comment. Give us a ring. 888-554-8428. Go make it happen! :)

Episode length: 35:55


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Published on 05.31.12
  • We are famous! Great podcast guys :)

  • Regarding listening – ouch! Been working on this but have a lot of improvement to make. Dan in meeting you this week I noticed that you ask a lot of high quality questions. That was my main takeaway.


  • That clip about wanting it like breathing – where did that come from?

  • Dan – looks like we forgot to put it in the post body

  • Dan

    It was great to meet you Matt, looking forward to seeing you in Oct. If I don’t get to you, ping me in Sept. sometime for the details.

  • Dan

    Thanks for the pic and support guys!!!

  • Haha.. I love that clip with that motivational speaker. Dude’s a boss.

  • Progress Paddy

    You should consider offering double episodes: the same episode back to back ;)

    Seriously though, I listened to you guys twice to let it soak in. Nice insight about it being unsustainable to be an office zombie for 40 hours a week – either find something that challenges you (which would be my option), or an easy-on-the-mind one like working at the bar at night.

  • Dan

    haha appreciate the kind words!!! :D Ian and I can barely get one done…. our editor hates us!

  • Dan

    yeah that speech is epic.

  • I think hate is strong word… ;)

  • Progress Paddy

    Oh, and also about your discussion on making $1,000+ a month:

    My business has to make an additional $1,000/month to (barely) replace my current dayjob. And I have a goal to do that before the end of the year. I have to go for it, and thanks for both your support in the earbuds.

  • LOL It is confusing explaining the whole entrepreneurial thing at the family reunion…

  • Anonymous

    loved this episode been listening to you guys while I attempt to work out lately…some podcasts just bore the hell out of me and make my workout even more lame but not you guys! by the way yeah $1000/month screw that!!! I want $100,000/month before I am happy lol

  • Dan

    :D Cheers man!

  • David Francis

    This high friction relationship concept intrigues me! Where can I get more info on how to identify and track these people down?

  • Dan

    haha, I don’t know. it just popped out of my mouth. sorry i can’t be more helpful.

  • Ian

    Hot Damn that was a killer podcast. Love the new, “Just the Tips” series. Keep crushing it.

  • Dan

    Cheers thanks Ian!!!

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