TMBA540: Are You Generating Income or Wealth?

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In this week’s episode, we’ve invited one of our favorite bloggers and thinkers to pull up a virtual chair and share some of the burning issues he’s been writing about.

Nat Eliason is the founder and CEO of a marketing agency called Growth Machine, as well as the author of a fantastic blog at

Nat is not only a successful agency owner, but he has some interesting theories about entrepreneurship and scaling a multi-million dollar agency that we were keen to pick his brain about.

Nat joins us this week for a wide-ranging discussion, where he opens up about his aversions to “struggle porn”, the distinction between money and wealth, and the true nuts and bolts of running a successful agency.



Listen to this week’s show and learn:

  • Why Nat believes investing in yourself can yield some of the best returns. (11:07)
  • The difference between work that generates income and work that generates wealth. (17:05)
  • Why Nat has a problem with “struggle porn”. (30:34)
  • Nat’s thoughts on the good and the bad of running an agency. (39:53)
  • His advice for people who are looking to get into the entrepreneurial world. (56:06)


Mentioned in the episode:

Before the Exit – Our New Book
TMBA Masterminds
Partner With Us
The Dynamite Circle
Dynamite Jobs
Dynamite Deals
Tropical MBA on YouTube
Nat Eliason
Growth Machine
Cup & Leaf
No More “Struggle Porn”
Why I Sold My Index Funds and Quit the Stock Market (Mostly)
The Millionaire Fastlane by MJ DeMarco
Gary Vaynerchuk
Jason Cohen
Derek Sivers


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