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Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 118: TMBA 118 (LBP107) – How To Compete With Free And Not Fight Downhill

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

4.9527 Ratings

🗓️ 14 June 2012

⏱️ 19 minutes

🧾️ Download transcript

Summary

Dan and Ian are together again at the infamous Badladz Resort in Puerto Galera, Philippines. This week they are joined by special guest Tim Conley from Foolish Adventure who will be working with the first group of folks here for the TMBA Start-up Summer project. Stay tuned in the next couple weeks for updates about these guys, their projects, and our Start-up Summer.
This week they got a question from Shayna at EspressoEnglish.net: I run a website that teaches English as a Second Language, and I feel like I’m competing with the zillions of pages all over the internet. I’m having trouble pricing my products for a global audience and trying to compete with all the free sites out there.
The most important thing about competing with free products when you’ve got something quality to offer is that you will always be fighting downhill when you do that. No one wants to fight downhill…you usually fall. Instead fight uphill and you’ll find it much easier

Transcript

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0:00.0

Can I get a boo-yard?

0:06.0

Hey, podcast listener, even if you are alone in your entrepreneurial pursuit, know that today,

0:11.1

right now in your earbuds, you are joined by thousands of entrepreneurs all around the globe,

0:16.3

seeking to do the same thing you are.

0:18.5

If you want to know more about this program or this podcast,

0:21.9

or want to get barraged by a lot of annoying pop-ups, check out our website,

0:26.2

lifestylebusinesspodcast.com.

0:33.5

Yeah, buddy, it's Thursday morning. That means it's time for another lifestyle business podcast.

0:37.2

Today I'm joined as is per the usual by my captain, my co-hostess with the mostus, a man whose earbuds listen to him. And in the right corner, I've got the Reverend Tim Connolly from the Foolish Adventure Show and now in person coming toe to toe with the LBP. Welcome to the show. Yo, what's up guys? How's it going, Tim? Well, so we are in Puerto Galera, just a little news update. Tim, your first impressions of this remote tropical island?

1:03.0

Oh, it's pleasant. Pleasant. I'm really, really enjoying being able to sit here, as you can probably hear in this recording, the waves laughing

1:11.2

onto the beach.

1:13.6

It's the life.

1:16.1

Thanks to Justin and Corridan in Hawaii, speaking of the life, who sent us some helpful

1:21.2

tips and his picture on our Facebook page, which we're close to 500 fans now, So if you friend us on Facebook, Ian will post funny pictures of our times here in Puerto Galera.

1:33.2

That's right.

1:33.7

And we also need a couple more iTunes reviews.

1:36.5

We don't have one for today, and that means that you guys haven't been sending them in.

1:40.0

So only five stars, please.

1:42.2

David McGeegan writes, he says, I got an email and a call from one of your listeners

1:46.1

after having listened to the Tax Podcast,

1:48.7

and he had some questions about filing

1:50.7

for some weird acronym that I don't even know.

...

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