TMBA 110 (TTR11) – What are Your Chances of Having $1,000,000 in 5 Years? (Hint: They Might Be Higher if You Move to China)

NOTE: Both of our TMBA summer start-up dates have sold out. Thank you for your support. I didn’t expect to see that. I thought I’d we’d be rocking a huge sales letter by now.

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This week I decided to get back to my roots, fire up my dorky headset, and do another Tropical Talk Radio (iTunes link).

Today we ask the question: do you think it’s likely that you’ll have $1,000,000 in your personal bank account in 5 years? You might be surprised by the way some young entrepreneurs answer the question.

I was first introduced to my guests Tim and Nick by my friend Sean Ogle, and since that time I’ve enjoyed following what they are up to in China (I’m also proud to call them DCers!).

These guys talk about doing business in China, and accelerating your entrepreneurial career by making the jump to Asia. I like the metaphor Tim and Nick use: “lose the [corporate] ladder, take the elevator.”

Tim and Nick from the Elevator Life

One of the most useful pieces of small business advice I’ve ever heard is: “9 out of 10 small businesses track with market.”

I believe the same principle can apply to your life and career. A rising tide lifts all boats.

Listen to this podcast and learn:

    • Why Tim and nick think it’s easy to just up and move to the world’s fastest growing economy, despite what outsiders might think.
    • Why you might not even need an business or working visa to get your start in China.
    • The monthly expenses of somebody living and working in China.
    • Some concrete tactics and approaches to moving to China yourself.

People on this show:

Episode length: 15:39

Subscribe to Tropical Talk Radio by clicking this link.

If you don’t like iTunes, here’s the MP3 file–> [DOWNLOAD MP3]


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