TMBA 389: TMBA Mailbag: How Can I Get Started on My Own Business?

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One of the requests that Dan and Ian have received a lot is to do more of an old school episode; the kind of one-on-one conversation that permeated the early days of this podcast.

On this week’s episode, they are doing just that.

Dan and Ian are reaching back into the TropicalMBA mailbag and answering questions that listeners have submitted through the mailing list on a variety of topics, including advice for entrepreneurs who don’t know where to begin, why being an entrepreneur means that you might lose a lot of friends, and what the two of them have been up to lately.


Listen to this week’s show and learn:

  • What kinds of “performance indicators” Dan and Ian use in their everyday lives. (1:37)
  • Whether or not you lose your friends when you become an entrepreneur. (7:05)
  • Why being smart doesn’t automatically make you a good entrepreneur. (13:36)
  • What you can do this week to get started on your entrepreneurial journey. (24:20)
  • Why Dan and Ian haven’t started a new business. (39:34)

Mentioned in the episode:

This week’s sponsor:

A big thanks to Growth Ninja – this episode’s sponsor. Are you looking for a reliable and hands-off way to scale your company’s revenue? Growth Ninja is an industry proven Facebook ad service that can explode your sales funnel.

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST. Cheers, Dan & Ian

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Published on 05.18.17
  • Evaldas Miliauskas

    > you have no room for failure

    that’s a powerful idea, which I tend to hear from time to time. On the other end it’s “limiting your downside” or “have nothing too loose”. It seems like you need to juggling between the too ends to reach an optimal result and I see it depends on where you’re at as a person and stage of biz.

    That was good honest talk also good touch at the end about your personal state of mind.

  • RE: Why haven’t you started another company?

    Guys.. relax. You have plenty of good stuff going on. Just running the pod and the DC is fantastic. It’s also gotta be really nice to be able to put some real focus on those things. If you start another venture too soon all the things you’ve been wanting to do on these ventures will get pushed back.

    So take your time, enjoy your hobbies. Focus on what is in front of you and when the right venture presents itself you’ll know.

  • Paul Bleisch

    Enjoyed this old school episode. You even brought the sound effects back. :) The higher production values make me miss the occasional scooter or noisy cafe in the background. You guys are all settled down or something.

  • Mitesh

    Enjoyed this episode, I launched a service but i’m having a hard time to get motivated and work on it. It’s a productisized blog writing service ( The thing is I’m so busy with my kids and running the household and looking for a new job that I haven’t had time to dedicate to it. My next goal is to hire and find a freelance writer and then figure it out.

    My question is I’ve launched it but I don’t know what to do next? How can I find my first paying customer? Would I have to cold-call or do I use ad-words to get customers? What if a customer pays and I cannot deliver, I’me frightened of that I think that’s what is keeping me from progressing on this idea. Is my pricing right or do you think it’s too expensive.

    Thanks for your advice

  • Seán Feehan

    It’s encouraging to hear that you guys didn’t innately have the entrepreneurial skill/mindset.
    Don’t put yourselves down on the whole Guru thing. I think you’ll find you guys are online mentors to a whole host of us

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