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.
One of the most widely read and recommended books about business management is Gino Wickman’s 'Traction'. When Gino’s team reached out to say that he had a new book coming out that was aimed at helping would-be and early-stage entrepreneurs, we jumped at the opportunity to invite Gino on to the podcast to talk about it.
On today's podcast, we are revisiting one of our most popular concepts, and something that we've discussed many times over the years as a sure-fire way for an entrepreneur to live a little more frugally. We're talking once again about the "Entrepreneurmobile", or how you can get a reliable car that is generally inexpensive to maintain and fix, and that can save you a lot of money.
Brian Miller is the founder of Easy China Warehouse, a third-party logistics company that helps entrepreneurs who sell online consolidate products in China. Brian was in a rare position where he was able to see the Coronavirus unfolding from the onset of the outbreak as he lived and worked in Shenzhen, China. Brian joins us today to talk about his experience in China as the virus began to spread, the trajectory that China has been on since January, and what the future could possibly look like for the rest of the world.
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 NatEliason.com.
One of the silver linings to the strange times that we've been living through in the past few weeks, is that we've been able to reach out to some of the brightest minds in our community and get a sense of how they have been responding to the crisis. Travis Jamison is no stranger to longtime listeners of this show. Travis is a bonafide SEO expert and the founder of Smash Digital. He has also successfully exited a business for 8 figures and is a very active investor as well.
As we've been practicing social distancing, the majority of our discussions about business and entrepreneurship keep coming back to the COVID-19 outbreak. In this week's podcast, we've invited one of the most prescient minds about this topic on to the show. Taylor Pearson is a long time friend of the show and has been sounding alarms about the coronavirus for much longer than most.
The topic of today's podcast is unavoidable. We simply have to address one of the biggest stories of our lifetime, the global shutdown brought about by Coronavirus or Covid-19. The impact that this pandemic has had on businesses around the globe, including our own, has been enormous.
In today's episode, we are reaching into the TMBA mailbag yet again and responding to some interesting questions and comments we've received from our listeners. There is a word that gets tossed around in the entrepreneurial community, and it's actually something that is worn as a sort of badge of honor.
One of the biggest challenges of running a remote team is communication. After all, "watercooler conversations" rarely happen when your team is scattered across the globe.
We've recently been revisiting some of our favorite business books on this podcast as part of a series we like to call "The Re-Readables". What makes this week's installment of that series so special is that we have been joined by the author of the book himself. M.J. DeMarco wrote The Millionaire Fastlane in 2010, and since then, the book has continued to grow in popularity.
Will Roman is a veteran entrepreneur who has worked in a number of different fields including eCommerce, physical products, software, and even cryptocurrency. At the end of last year, Will made the decision to leave his crypto exchange business to start Chisos, a product company that manufactures and sells designer cowboy boots.
We often talk about the "1,000 Day Principle" or the idea that it will take about 1,000 days to get a new business off the ground before it replaces the income from your 9-to-5. But what happens after those 1,000 Days?
One of our favorite things to do on this podcast is follow up on some of the entrepreneurial stories that we've covered in the past. This time last year, we recorded a podcast with Tommy Joiner. In that episode, Tommy spoke about the genesis of his productized content generation service ContentPros.
Entrepreneurship is something of a gamble, and perhaps very few people understand that better than today's guest. Mike Jackness is a widely respected figure among the eCommerce community and is the host of a brilliant podcast called eComCrew. Mike has owned and exited several successful businesses, the most popular of which being ColorIt, which manufactured and sold coloring books aimed at adults. On today's podcast, Mike joins us to talk about the highs and lows of his entrepreneurial career.
Last week, we spoke to Mark Brenwall about why he left his job in San Francisco to move to Asia and start WOD Nation, an Amazon FBA business that sells CrossFit products. Today's podcast is the conclusion of that interview and in it, we speak specifically about Mark's entrepreneurial "code".
Mark Brenwall is the founder of WOD Nation, an Amazon FBA business that sells CrossFit products. A few years ago, Mark joined us for one of our favorite conversations we've had on this podcast in an episode called "The Power of Under Optimization". That episode was all about Mark's unconventional business approach, which prioritizes lifestyle and happiness over aggressive growth. Today's episode is the first in a two-part series where we revisit Mark's story.
A year ago, we kicked off 2019 with a somewhat self-indulgent podcast full of updates on our ongoing projects as well as some of our business goals for the year. As the decade draws to a close, we’re taking stock of the year and asking ourselves “did we meet those expectations”?
As we prepare to celebrate the holiday season, we thought it would be fun to revisit some of our most memorable moments from the podcast in 2019. In this week's episode, you'll hear highlights from some of our favorite interviews, as well as our thoughts on five specific entrepreneurial themes that continue to resonate with us as the year comes to a close. Make sure to stick around until the end to hear some outtakes from recording the podcast in 2019.
Some entrepreneurs have a secret. Adopting a pseudonym, or a "pen name", is a common practice on the internet. Even one of the hosts of this show, Dan Andrews, has been using a pseudonym for many years.
For the first time in a decade, Dan and Ian are recording a podcast from one of their favorite places in the world, the Philippines. The Philippines has been an integral part of their business for many years, and it continues to have a strong influence on the lives of so many entrepreneurs in the location-independent community.
We've seen a lot of conversations recently in the location independent lifestyle space about something we like to call "The Digital Nomad Lie". The general concept is that being location independent is not everything that it's cracked up to be, and that the idea that you can have it all while sipping coconuts on the beach is simply a myth.
So many people listening to this podcast are looking for the kind of freedom that allows them to travel the world. It's no wonder then that Recreational Vehicles or "RVs" have become increasingly popular in the entrepreneurial space in recent years.
Podcast 32:27| Download | Stitcher | iTunes | Comment We first spoke to Kevin Graham on this podcast two years ago in what ended up… Read More »TMBA519: Chasing Growth: What Happens When Your Business Burns You Out?
Podcast 48:19| Download | Stitcher | iTunes | Comment A few weeks back, we hosted hundreds of listeners of this podcast in Bangkok for our… Read More »TMBA518: 5 Insights About the Entrepreneurial Community in 2019
A few weeks ago, we shared a conversation about "Sweaty Startups", and how we can use internet business skills to compete and win in traditional, physical services industries. This topic really struck a chord, and we've received a ton of feedback from listeners who want to hear more about these kinds of opportunities. Enter Eric Gilbert Williams, an entrepreneur who grew his Canadian-based roofing company to 6 million dollars in annual revenue before he sold it last year. In his teenage years, Eric dropped out of high school and got arrested for selling drugs before eventually turning to entrepreneurship as a source of redemption. Eric joins us on today's podcast to share his remarkable story.