Episode 101: TMBA 101 (LBP91) – Are You a Hustler or an Entrepreneur?

Tropical MBA: Entrepreneurship & Founder Lifestyle

Dan Andrews; Ian Schoen

Digital Nomad, Business, Ecommerce, Society & Culture, Amazon, Founders, Cash Flow, Places & Travel, Founder, Business Owner, Cashflow, Management, Entrepreneurship, Million, Operator, Operations, Profits, Distributed Team

4.9 • 527 Ratings

🗓️ 16 February 2012

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ian landed in Bali last Saturday and it’s been all-biznass-all-the-time as we make the most out of his time here. No one should be surprised that they were able to do all their prep at Starbucks before. Good Chai, Ian? ;)
This week Dan and Ian discuss two of the most misunderstood words in business:Hustler and Entrepreneur
Listen to this episode and learn about:

Entrepreneurs Writing Scripts, Hustlers Executing Scripts.
Self Confidence vs.Product Confidence.
Ego / Money Focus vs. Product / Customer Focus.
Self Employed vs. Building Something Bigger.
Short Term vs. Long Term Thinking. Some of Dan & Ian’s upcoming Dreamlines?  Pay for personal assistants– sports massage therapist, business coach, nutritionist, personal assistnat. doctors and dentists.  Get a book contract.  Summit about hyper-internationalization and micro-multinationals with some of the world’s premier location independent entrepreneurs.  Lead investments in disruptive platform style companies in our industries. 150+ spare, IE angel investor.  Concretely help 100 people make the lifestyle transition and a significant portion of the DC make 10K.  Business class on every flight. (how can we hack this???)

Transcript

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0:00.0	Hey, podcast listener, even if you are alone in your entrepreneurial pursuit, know that today, right now in your earbuds, you are joined by thousands of entrepreneurs all around the globe, seeking to do the same thing you are.
0:17.8	If you want to know more about this program or this podcast, we want to get barraged
0:22.1	by a lot of annoying pop-ups, check out our website, lifestylebusinesspodcast.com.
0:32.8	Yeah, buddy, it's Thursday morning. We're off and rolling rolling this is a lifestyle business podcast that's the
0:38.8	LVP baby and I am joined this week as is per the usual that my captain my co-host a man standing
0:45.6	dangerously close to me a man who puts the tank into tank top welcome to Bali sir it's good to have
0:50.9	you back on the program in fact you are contractually obliged to be here yes and it's good to have you back on the program. In fact, you are contractually obliged
0:54.6	to be here. Yes, and it's good to be here. If you guys stick around to the end of the episode,
0:59.0	we'll share with you our updated travel hacks for 2012. If this is your first time listening to
1:05.1	the LBP as it might be, there are a lot of new listeners. We're getting some more action in iTunes
1:10.5	lately.
1:11.9	Ian and I are two guys who make the lion's share of our income from running legitimate businesses, which is a damn shame.
1:20.1	Someday, we will be success gurus and make millions.
1:25.8	Can't wait.
1:26.5	Until then, it's the balance sheets.
1:29.9	It's the employee management.
1:32.1	And it's just all the hustle that goes in to being an entrepreneur, which is what
1:37.9	we're going to talk about today, the distinction between hustlers and entrepreneurs.
1:41.5	Also, we're going to share our specific life goals because some of the listeners have asked us, they're interested to know what we're thinking about doing with our lives. So we'll share with you guys. And as always, I would love to hear what you guys are up to. Feel free to send us emails or comment on the post or tweet us. We love to hear what you guys are up to. So, a couple quick shouts.
2:02.6	The taxes episode got booted.
2:04.5	Yes.
2:05.1	Lots of talk about how you shouldn't be talking about taxes online.
	...

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