It started with an innocuous-looking image of a yellow aeroplane and ended with a number of threatening letters from a law firm on behalf of the travel site Expedia. In today’s episode, we bring you the denouement of the story of why we decided to remove ‘that plane’ from our branding.
Dan and Ian
In late 2007, we (Dan Andrews and Ian Schoen, that’s us above) started a product design and ecommerce company that grew to multi-seven figures in annual revenues. We exited that business in 2015 (wohoo!).
On today's podcast, we're excited to finally reveal that our remote jobs platform Dynamite Jobs is officially a ".com business". After three years of running the company with a .co domain, that .com marks a huge symbolic change for our company, but it didn't come cheap. Enter Rob Barbour of DomainSOS.com and DomainVIP.com.
If we had to pick one word as our greatest motivation, it’s ‘freedom’. Freedom to live life on our terms, where we want, with the people we choose. Ali Marsland is the director of ‘The Effective English Company’. Ali began chasing her own freedom at the age of 18, as she traveled around the world for a year before embarking on a successful career in corporate communications.
At the beginning of the year, we recorded a podcast where we outlined some of our business goals and aspirations for 2020. We're now halfway through the year, and it's safe to say these past six months have been a period of disruption for entrepreneurs all over the world. Given the unexpected circumstances that we've all experienced, we thought it would be interesting to revisit those goals that we shared on this podcast back in January.
In 2009, we published an episode of this podcast called 10 Great Software and Tech Services We Use to Run Our Business. Over 10 years later, we've been challenged by one of our listeners to revisit that list and to talk about the core software and services that we are using to run our company today.
We've talked about the '1,000 Day Principle' at great length on this podcast. The idea is that it takes around three years of full-time effort for an entrepreneur to replace the income from their day job. But what does that principle look like in practice?
Here at the TropicalMBA podcast we have been inspired and motivated by the stories of resilience and adaptation that you’ve been sending us. One such story that we received recently resonated strongly with us, in part because it was about an industry that we have been working in for years.
What do you do when you lose over half your Annual Recurring Revenue and test positive for Coronavirus, all within 48 hours? Jim Huffman described this exact experience in a post on his personal blog titled "The Hardest Day of My Career".
"Dropshipping" is one of the most used and abused terms in Digital Nomad circles. It refers to the practice of selling items without keeping inventory on hand, relying instead on a third-party manufacturer to ship the items directly to the customer.
In our book Before the Exit, we reflected on many 'thought experiments' that we wished we had run before we sold our business in 2015. One of those experiments was called 'The Mediocre CEO Test', which questioned whether it was smarter to hire someone to run your business than it was to sell it. Today's guest did just that.